Which tool to use for text

I'm very new to CorelDraw, but have some (old) background in PhotoShop.  I've purchased the 2018 Home and Student Suite.  I'd like to create some images I can upload to a project to be printed on a banner. They would be just text with a transparent background. 

I've tried Photo-Paint and DRAW.  I couldn't get either to export with a transparent background.  I'm wondering if it's because it's the Student version (although there is a Transparency tool on my toolbar in both products), or perhaps I need to add a new layer (I've just been adding text to layer 1).

The Help articles say to enable the transparency check box in the settings area.  I don't see that . Please don't tell me this basic option is not available in the student version 

Any suggestions are appreciated.