About This Course
Who this course is for:
- Business owners
What you’ll learn:
- Set-up tax line mapping for sole proprietorship and S corporation
- Export financial data from QuickBooks to Lacerte
- Transfer financial data to Excel and create supporting tax worksheets
Software version used in the course:
- QuickBooks Desktop Pro 2021
The course will discuss options for getting access to QuickBooks desktop software including a free 30-day test period offered by Intuit, the owners of QuickBooks Desktop.
Learners will know how to set up tax line mapping for a sole proprietorship and S Corporation, tax line mapping allowing users to export financial data from QuickBooks directly into tax software.
We will be using Lacerte tax software for our examples. Lacerte tax software is owned by Intuit and a 30-day free trial may be available to test out Lacerte tax software as well.
We will export financial data from QuickBooks to Lacerte tax for both a sole proprietorship and an S Corporation.
The course will also demonstrate how to export financial data to Excel and create supporting tax worksheets that show tax adjustments and reconcile financial statements for book purposes and financial statements for tax purposes.
Our Promise to You
By the end of this course, you will have learned how to set-up tax line mapping in QuickBooks.
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 using QuickBooks Desktop 2021.
|Section 1 - Overview|
|QuickBooks Desktop 2021 #13 Course Resources||00:00:00|
|Download Free Or Paid QuickBooks Pro 2021||00:00:00|
|Install QuickBooks Pro 2021||00:00:00|
|Increase Size Of Icons||00:00:00|
|Tax Line Mapping Overview||00:00:00|
|Section 2 - Tax Line Mapping - Review Chart Of Accounts For Sole Proprietorship|
|Tax Line Mapping Examine Chart Of Accounts After Setting Up New QuickBooks File||00:00:00|
|Tax Line Mapping Form 8829 Expenses For Business Use Of Your Home||00:00:00|
|Section 3 - Export From QuickBooks To Tax Software Lacerte And Excel|
|Tax Line Mapping Export To Tax Software Lacerte||00:00:00|
|Tax Line Mapping Export Trial Balance To Excel||00:00:00|
|Tax Line Mapping Format Trail Balance In Excel||00:00:00|
|Section 4 - Adjustment For Business Use Of Home, Meals, And Charitable Contributions|
|Tax Line Mapping Tax Entry For Business Use Of Home||00:00:00|
|Tax Line Mapping Tax Entry For Meals||00:00:00|
|Tax Line Mapping Charitable Contributions||00:00:00|
|Section 5 - Tax Line Mapping For S Corporation Overview|
|Tax Line Mapping Setup New Quickbooks File S Corporation||00:00:00|
|Section 6 - Add Accounts, Tax Mapping, And Data To Quickbooks|
|Tax Line Mapping Enter Accounts, Tax Mapping, And Data||00:00:00|
|Tax Line Mapping Enter Account Balance Data||00:00:00|
|Section 7 - Export From QuickBooks To Tax Software Lacerte And Excel|
|Tax Line Mapping Export Data From Quickbooks To Tax Software||00:00:00|
|Tax Line Mapping Export Data From Quickbooks To Excel S Corp||00:00:00|
|Tax Line Mapping Format Tax And Adjusting Entry Excel Worksheet||00:00:00|
|Section 8 - Adjusting Entries For Depreciation|
|Tax Line Mapping Adjusting Entry Depreciation Overview||00:00:00|
|Tax Line Mapping Adjusting Entry Book Depreciation||00:00:00|
|Tax Line Mapping Tax Entry Tax Depreciation||00:00:00|
|Section 9 - Unassigned Accounts And Sch. K Adjustments|
|Tax Line Mapping Map Unassigned Accounts In Tax Software||00:00:00|
|Tax Line Mapping Schedule K Adjustment For Dividend And Interest Income||00:00:00|
|Tax Line Mapping Schedule K Adjustment Charitable Contributions||00:00:00|
|Section 10 - M-1 Adjustments, Balance Sheet, And Officer Compensation|
|Tax Line Mapping Schedule M-1 Adjustment Meals||00:00:00|
|Tax Line Mapping Schedule M-1 Reconciliation||00:00:00|
|Tax Line Mapping Officer Compensation||00:00:00|
|Tax Line Mapping Tax Balance Sheet Schedule L||00:00:00|
|Tax Line Mapping Tax Exempt Interest Adjustment||00:00:00|
|Tax Line Mapping Bad Debt M-1 Adjustment||00:00:00|