About This Course
Many accounting software courses will spend a lot of time talking about how a full-service accounting system works. We do recommend spending time learning the full accounting process, and we do have courses that do just that. However, many small businesses want to get right down to data input as fast as possible, and others already have a good understanding of the system and want to focus specifically on bank feeds.
For example, some small businesses may be perfectly happy using a cash basis system and will, therefore, not need some of the functions used in a full accounting cycle. Businesses that use a cash basis model can structure their data input to be much more heavily dependent on the bank and bank feed data.
We will discuss types of businesses that fit well into a cash basis model as we work through the practice problems. We will also discuss some problem areas many businesses have and how to set up a system that works for them
This course will use Wave, a free accounting software, which is an excellent tool to practice with. We will jump right into bank feeds and how to use them. We will work through a practice problem and will provide test data that learners can use in their system to follow along if they choose.
Who this course is for:
- Business owners who want an easy system to track data
- Bookkeepers who want to understand how bank feeds work
- Students who want to apply theory to practical accounting software
Our Promise to You
By the end of this course, you will have learned bank feeds accounting using Wave software.
30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.
Get started today and learn more about Wave Accounting.
|Section 1 - Introduction|
|Wave Free Accounting||00:00:00|
|Download Data Files||00:00:00|
|How Do Bank Feeds Fit Into My Accounting System||00:00:00|
|Section 2 - Month One - Set Up Bank Feeds|
|Set Up Bank Feeds||00:00:00|
|Download Transactions From Bank||00:00:00|
|Section 3 - Month One - Add Transactions From Bank Feeds|
|Add Expense Transactions||00:00:00|
|Add Capital Expenditures||00:00:00|
|Add Inventory Purchases||00:00:00|
|Add Amount Paid For Investment||00:00:00|
|Add Owner Withdraws||00:00:00|
|1 Customer Deposit||00:00:00|
|Sales Tax Calculation||00:00:00|
|1 Deposit Loan||00:00:00|
|2 Deposit Owner||00:00:00|
|Section 4 - Month One - Bank Reconciliation|
|Bank Beginning Balance||00:00:00|
|Section 5 - Upload Bank Transactions|
|Upload Bank Transactions||00:00:00|
|Section 6 - Month Two - Add Transaction From Bank Feeds|
|2 Add Expenses||00:00:00|
|Add Payroll Checks||00:00:00|
|1 Add Inventory||00:00:00|
|2 Add Loan Payment||00:00:00|
|1 Receive Payments On Invoice||00:00:00|
|2 One Deposit Two Invoices||00:00:00|
|Sales Receipt And Bank Feeds||00:00:00|
|Section 7 - Month Two - Bank Reconciliation|
|Section 8 - Credit Card Bank Feeds|
|Credit Card Bank Feeds Upload||00:00:00|
|1 Add Credit Card Bank Feed Data||00:00:00|
|Reconcile Credit Card||00:00:00|