This course is designed for those interested to learn the basics of QuickBooks Online for your accounting and bookkeeping tasks, designed for bookkeepers and is also useful for small business owners who want a simple system for entering financial data into QuickBooks for financial planning and year-end tax preparation.
Read more.Instructor
Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI
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Who this course is for:
- Bookkeepers who want do design a bookkeeping business using QuickBooks Pro Online
- Small business owners who want a simple system to enter data into QuickBooks Online or prior to help year-end tax preparation and regulatory needs
- Small business owners who want to learn how best to work with a bookkeeper and or year-end accounting firm and tax preparer
- Students who want to understand bookkeeping from a practical perspective
What you’ll learn:Â
- How to outline a simple bookkeeping system for a small business using QuickBooks Online
- How to network between the bookkeeper, business owner, and year-end tax accounting firm, CPA firm or tax preparer
- How to set up a simple Bookkeeping company file in QuickBooks Online and store it on a computer
- How to use an easy method to enter financial data into QuickBooks Online from the bank statement
- How to identify common problems when entering financial data and strategies for overcoming them
- How to reconcile the bank accounts in QuickBooks OnlineÂ
- How to analyse payroll options including the options to work with a third-party payroll company or to enter payroll into QuickBooks
- The basics of entering payroll into QuickBooks Online
- How to enter equipment purchases into QuickBooks Online
- How to enter loan payments into QuickBooks Online
- How to enter insurance payments into QuickBooks Online
- How to enter credit card charges into QuickBooks OnlineÂ
- How to format month-end and year-end reports using QuickBooks OnlineÂ
- How to enter adjusting entries into QuickBooks Online or prior year and work with accounting firms, CPA firms, or tax preparer to help with them
Requirements:Â
- We should be familiar with QuickBooks and or accounting
Software version used in the course:Â
- QuickBooks Online 2019
This course is designed for bookkeepers and is also useful for small business owners who want a simple system for entering financial data into QuickBooks for financial planning and year-end tax preparation. The bookkeeping system we discuss will also describe the relationship between the bookkeeper, the business, and the year-end tax and financial statement preparers.
We will outline a cash basis bookkeeping system using QuickBooks, a system that will enter most transactions directly into the check register. The course will discuss the responsibilities of a bookkeeper and the responsibilities of the business when a bookkeeping engagement in entered into. We will work through a sample bookkeeping project in QuickBooks including the setting up of a new QuickBooks company file.
The course will practice entering data into the QuickBooks register directly from a bank statement. We will provide practice bank statements to use with the project as well as step by step instructional videos.
In addition to the instructional videos, this course will include downloadable Excel practice files and downloadable PDF Files. Excel practice files will be preformatted and will generally have at least two tabs, one tab with the completed work and a second tab with a preformatted worksheet we can fill in as we watch the instructional videos. Â
Our Promise to You
By the end of this course, you will have learned QuickBooks online for all your business accounting tasks.
10 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 QuickBooks Online – Cash Based Bookkeeping System.
Course Curriculum
| Section 1 - Introduction | |||
| QuickBooks Online Bookkeeping The Easy Way | 00:00:00 | ||
| Section 2 - QuickBooks | |||
| Bookkeeping Project Outline And Plan | 00:00:00 | ||
| Outline Of Standard Client Or Business | 00:00:00 | ||
| Outline Of Bookkeeping Process | 00:00:00 | ||
| Network With Other Professionals | 00:00:00 | ||
| Bank Feeds Option | 00:00:00 | ||
| Section 3 - Engagement Letter And Questionnaire | |||
| Engagement Letter And Questionnaire Intro | 00:00:00 | ||
| Engagement Letter | 00:00:00 | ||
| New Client Engagement Questionnaire | 00:00:00 | ||
| Section 4 - Create New Company File And QuickBooks File Using QuickBooks | |||
| Create New Company File And QuickBooks File | 00:00:00 | ||
| Outline Sample Engagement | 00:00:00 | ||
| Organize Documents Download Bank Statement | 00:00:00 | ||
| New Company File | 00:00:00 | ||
| Section 5 - Enter Data From Bank Statement For Month One Into QuickBooks | |||
| Enter Data From Bank Statement For Month One Into QuickBooks | 00:00:00 | ||
| Bank Statement Overview | 00:00:00 | ||
| Enter Deposits From Bank Statement First Month | 00:00:00 | ||
| Entering Cash Outflows Strategy | 00:00:00 | ||
| Entering Cash Outflows – Part One | 00:00:00 | ||
| Entering Cash Outflows – Part Two | 00:00:00 | ||
| Review Reports After Data Entry For First Month | 00:00:00 | ||
| Section 6 - Bank Reconciliation For Month One In QuickBooks | |||
| Bank Reconciliation For Month One In QuickBooks | 00:00:00 | ||
| Bank Reconciliation Overview | 00:00:00 | ||
| Bank Reconciliation First Month | 00:00:00 | ||
| Section 7 - Enter Data From Bank Statement for Month Two In QuickBooks | |||
| Enter Data From Bank Statement For Month Two In QuickBooks | 00:00:00 | ||
| Enter Transactions Second Month Setup Process | 00:00:00 | ||
| Enter Deposits From Bank Statement Second Month | 00:00:00 | ||
| Enter Cash Outflows From Bank Statement Second Month – Part One | 00:00:00 | ||
| Enter Cash Outflows From Bank Statement Second Month – Part Two | 00:00:00 | ||
| Review Reports After Entering Data From Bank Statement For Second Month | 00:00:00 | ||
| Section 8 - Bank Reconciliation For Month Two In QuickBooks | |||
| Bank Reconciliation For Month Two In QuickBooks | 00:00:00 | ||
| Bank Reconciliation First Second | 00:00:00 | ||
| Section 9 - Payroll Options And Data Entry Using QuickBooks | |||
| Payroll Options And Entry Using QuickBooks | 00:00:00 | ||
| Payroll Options | 00:00:00 | ||
| Categorize Payroll Payments | 00:00:00 | ||
| QuickBooks Desktop Version Payroll Example | 00:00:00 | ||
| Add Employees | 00:00:00 | ||
| Process Payroll | 00:00:00 | ||
| Process Payroll Plain Payroll | 00:00:00 | ||
| Payroll Tax Forms And Payment Set Up | 00:00:00 | ||
| Payroll Forms After Plain Payroll Financials And 941 | 00:00:00 | ||
| QuickBooks Online Process Paid Payroll Example | 00:00:00 | ||
| Section 10 - Equipment And Financing Options And Data Entry Using QuickBooks | |||
| Equipment And Financing Options And Entry Using QuickBooks | 00:00:00 | ||
| Equipment Financed Options | 00:00:00 | ||
| Equipment Financed Record Amount Paid | 00:00:00 | ||
| Equipment Financed Record Loan | 00:00:00 | ||
| Section 11 - Loan Payments Options And Data Entry Using QuickBooks | |||
| Loan Payments Options And Data Entry Using QuickBooks | 00:00:00 | ||
| Loan Payment Options | 00:00:00 | ||
| Enter Loan Balance Record Payments As Reduction To Loan Balance | 00:00:00 | ||
| Loan Amortization Interest vs Principal | 00:00:00 | ||
| Enter Loan Balance And Break Out Interest And Principal Portion Of Loan Payments | 00:00:00 | ||
| Section 12 - Insurance Payments Options And Data Entry Using QuickBooks | |||
| Insurance Payments Options And Data Entry Using QuickBooks | 00:00:00 | ||
| Insurance Options | 00:00:00 | ||
| Enter All Insurance Payments As Insurance Expense And Let Accountant Adjust If Needed | 00:00:00 | ||
| Enter All Insurance Payments As Prepaid Insurance And Let Accountant Make Year End Adjustment | 00:00:00 | ||
| Section 13 - Credit Card Options And Data Entry Using QuickBooks | |||
| Credit Card Options And Data Entry Using QuickBooks | 00:00:00 | ||
| Credit Card Options | 00:00:00 | ||
| Enter Credit Card Payments The Easy Method | 00:00:00 | ||
| Enter Credit Card Payments As They Clear Bank And Assign Expense Accounts Based On Credit Card | 00:00:00 | ||
| Enter Credit Card Liability And Apply Payments To The Liability Account | 00:00:00 | ||
| Section 14 - Invoice And Accounts Receivable Options And Data Entry Using QuickBooks | |||
| Invoice And Accounts Receivable Options And Data Entry Using QuickBooks | 00:00:00 | ||
| Invoice And Accounts Receivable Options | 00:00:00 | ||
| Enter Invoices Into The System And Track Accounts Receivable | 00:00:00 | ||
| Section 15 - Adjust Remaining Outstanding Items And Data Entry Questions Using QuickBooks | |||
| Adjust Remaining Outstanding Items Data Entry Questions | 00:00:00 | ||
| Adjust Open Items | 00:00:00 | ||
| Section 16 - Creating And Formatting Month End Reports Using QuickBooks | |||
| Creating And Formatting Month End Reports | 00:00:00 | ||
| Month End Documentations | 00:00:00 | ||
| Formatting Month End Documents PDF And Excel | 00:00:00 | ||
| Formatting, Presenting, And Delivering Reports To Clients | 00:00:00 | ||
| Section 17 - Creating And Formatting Year End Reports Using QuickBooks | |||
| Creating And Formatting Year End Reports | 00:00:00 | ||
| Year End Documentations | 00:00:00 | ||
| Generating Year End Reports | 00:00:00 | ||
| Section 18 - Describing And Entering Adjusting Entries Using QuickBooks | |||
| Describing And Entering Adjusting Entries | 00:00:00 | ||
| Adjusting Entries Options | 00:00:00 | ||
| Adjusting Entries Worksheet | 00:00:00 | ||
| Payroll Adjusting Entries | 00:00:00 | ||
| Equipment Adjusting Entries Depreciation | 00:00:00 | ||
| Loan Payment Adjusting Entries | 00:00:00 | ||
| Insurance Adjusting Entries | 00:00:00 | ||
| Options For Entering Adjusting Entries To QuickBooks | 00:00:00 | ||
| Enter Adjusting Entries Into QuickBooks | 00:00:00 | ||
| Downloadable Materials: QuickBooks Online – Cash Based Bookkeeping System | 00:00:00 | ||
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