Learn the basics of QuickBooks Desktop 2022, how to create a new company file, and how to enter two months worth of data.
Read more.Course Skill Level
Beginner
Time Estimate
22h 37m
Instructor
Robert (Bob) Steele CPA, CGMA, M.S. Tax, CPI
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Who this course is for:
- Accountants
- Bookkeepers
- Business owners
What you’ll learn:Â
- How to populate a new company file with two months of data
- Operating cycles – the revenue cycle, the payables cycle, and the payroll cycle
- How various financial transactions impact the financial statement and related reports
Requirements:Â
- No prior knowledge is required to take this course
Software version used in the course:
- QuickBooks Desktop 2022
This course is the second in a series of classes covering QuickBooks Desktop Pro 2022.
We will create a new company file and populate it with two months of data input.
The data input will cover every significant form in each operating cycle, including the revenue cycle, the payables cycle, and the payroll cycle. The primary operating cycles are also commonly grouped as the customer, vendor, and employee cycle.
As we enter financial transactions, populating forms, we will analyze the impact on the financial statement and related reports.
Entering two months of data will allow us to see the difference in complexity of entering data for the first month of operations, a time when we have no historical data to help us, and entering data in following months, a time when we do have prior history and transactions to help simplify the process.
Our Promise to You
By the end of this course, you will have learned how to create a new company file and populate it with two months of data.Â
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.Â
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Course Curriculum
| Section 1 - OneNote Intro - Start A New Company File In QuickBooks Pro | |||
| Course Resources | 00:00:00 | ||
| 6010 Restore And Backup Data Files | 00:00:00 | ||
| 6040 Create A New Company File | 00:00:00 | ||
| 6060 Increase Size Of Icons | 00:00:00 | ||
| Section 2 - Start A New Company File In QuickBooks Pro | |||
| 6010 Restore And Backup Data Files | 00:00:00 | ||
| 6040 Create A New Company File | 00:00:00 | ||
| 6060 Increase Size Of Icons | 00:00:00 | ||
| Section 3 - OneNote Intro - Company Preferences | |||
| 6080 Company Preferences Accounting | 00:00:00 | ||
| 6100 Company Preferences Bills, Calendar, And Checking | 00:00:00 | ||
| 6120 Company Preferences Desktop View, Finance Charge, And General | 00:00:00 | ||
| 6140 Company Preferences Integrated Application And Items And Inventory | 00:00:00 | ||
| 6160 Jobs And Estimates, Multiple Currencies, Payments, And Payroll | 00:00:00 | ||
| 6180 Company Preferences Reminders And Reports And Graphs | 00:00:00 | ||
| 6200 Company Preferences – Sales And Customers And Sales Tax | 00:00:00 | ||
| 6220 Company Preferences Search, Send Forms, Service Connection, Spelling, Tax 1099, And Time And Expense | 00:00:00 | ||
| Section 4 - Company Preferences | |||
| 6080 Company Preferences Accounting | 00:00:00 | ||
| 6100 Company Preferences Bills, Calendar, And Checking | 00:00:00 | ||
| 6120 Company Preferences Desktop View, Finance Charge, And General | 00:00:00 | ||
| 6140 Company Preferences Integrated Application And Items And Inventory | 00:00:00 | ||
| 6160 Jobs And Estimates, Multiple Currencies, Payments, And Payroll | 00:00:00 | ||
| 6180 Company Preferences Reminders And Reports And Graphs | 00:00:00 | ||
| 6200 Company Preferences Sales And Customers And Sales Tax | 00:00:00 | ||
| 6220 Company Preferences Search, Send Forms, Service Connection, Spelling, Tax 1099, And Time And Expense | 00:00:00 | ||
| Section 5 - OneNote - Adding Service Items And Inventory Items | |||
| 6240 Options For Interring Items, Customers And Vendors | 00:00:00 | ||
| 6260 Enter Service Items | 00:00:00 | ||
| 6280 Inventory Tracking Options | 00:00:00 | ||
| 6300 Set Up Inventory Items | 00:00:00 | ||
| Section 6 - Adding Service Items And Inventory Items | |||
| 6240 Options For Interring Items, Customers And Vendors | 00:00:00 | ||
| 6260 Enter Service Items | 00:00:00 | ||
| 6280 Inventory Tracking Options | 00:00:00 | ||
| 6300 Set Up Inventory Items | 00:00:00 | ||
| Section 7 - OneNote - Sales Tax Setup, Add Customers, And Add Vendors | |||
| 6320 Sales Tax Set Up | 00:00:00 | ||
| 6340 New Customers Setup And Accounts Receivable Beginning Balances | 00:00:00 | ||
| 6360 New Vendors Setup And Accounts Payable Beginning Balances | 00:00:00 | ||
| Section 8 - Sales Tax Setup, Add Customers, And Add Vendors | |||
| 6320 Sales Tax Set Up | 00:00:00 | ||
| 6340 New Customers Setup And Accounts Receivable Beginning Balances | 00:00:00 | ||
| 6360 New Vendors Setup And Accounts Payable Beginning Balances | 00:00:00 | ||
| Section 9 - OneNote - Opening Balances, Adjustments To Equity, And Manual Payroll Setup | |||
| 6380 Add New Accounts And Opening Balances | 00:00:00 | ||
| 6400 Adjust Opening Balances | 00:00:00 | ||
| 6420 Set Up Manual Payroll | 00:00:00 | ||
| 6440 Generate Reports After Entering Beginning Balances | 00:00:00 | ||
| Section 10 - Opening Balances, Adjustments To Equity, And Manual Payroll Setup | |||
| 6380 Add New Accounts And Opening Balances | 00:00:00 | ||
| 6400 Adjust Opening Balances | 00:00:00 | ||
| 6420 Set Up Manual Payroll | 00:00:00 | ||
| 6440 Generate Reports After Entering Beginning Balances | 00:00:00 | ||
| Section 11 - OneNote - Month 1 - Record Owner Investment, Purchase Of Fixed Asset And Investment | |||
| 7020 Deposits Owner Investment And Loan | 00:00:00 | ||
| 7040 Purchase Of Furniture And Investment Transactions | 00:00:00 | ||
| Section 12 - Month 1 - Record Owner Investment, Purchase Of Fixed Asset And Investment | |||
| 7020 Deposits Owner Investment And Loan | 00:00:00 | ||
| 7040 Purchase Of Furniture And Investment Transactions | 00:00:00 | ||
| Section 13 - OneNote - Month 1 - Enter Purchase Order And Enter Check Or Expense Form From PO | |||
| 7060 Enter Purchase Order P.O. | 00:00:00 | ||
| 7080 Cash Payment For Inventory Linked To Purchase Order P.O. | 00:00:00 | ||
| Section 14 - Month 1 - Enter Purchase Order And Enter Check Or Expense Form From PO | |||
| 7060 Enter Purchase Order P.O. | 00:00:00 | ||
| 7080 Cash Payment For Inventory Linked To Purchase Order P.O. | 00:00:00 | ||
| Section 15 - OneNote - Month 1 - Enter Invoice, Sales Receipt And Deposits | |||
| 7100 Invoice Selling Inventory | 00:00:00 | ||
| 7120 Receive Payment Transaction And Form | 00:00:00 | ||
| 7140 Sales Receipt Payment Received At Point Of Sale | 00:00:00 | ||
| 7160 Deposits From Undeposited Funds | 00:00:00 | ||
| Section 16 - Month 1 - Enter Invoice, Sales Receipt And Deposits | |||
| 7100 Invoice Selling Inventory | 00:00:00 | ||
| 7120 Receive Payment Transaction And Form | 00:00:00 | ||
| 7140 Sales Receipt Payment Received At Point Of Sale | 00:00:00 | ||
| 7160 Deposits From Undeposited Funds | 00:00:00 | ||
| Section 17 - OneNote - Month 1 - Enter Invoice, Receive Payment, Bill | |||
| 7180 Invoice Created From Check Created From Purchase Order | 00:00:00 | ||
| 7200 Receive Payment And Make Deposit | 00:00:00 | ||
| 7220 Write Checks For Expenses And Prepaid Assets | 00:00:00 | ||
| 7240 Bill Pay | 00:00:00 | ||
| Section 18 - Month 1 - Enter Invoice, Receive Payment, Bill | |||
| 7180 Invoice Created From Check Created From Purchase Order | 00:00:00 | ||
| 7200 Receive Payment And Make Deposit | 00:00:00 | ||
| 7220 Write Checks For Expenses And Prepaid Assets | 00:00:00 | ||
| 7240 Bill Pay | 00:00:00 | ||
| Section 19 - OneNote - Month 1 - Create Customer Job, Pay Employees, And Create Sales Receipt For Job | |||
| 7260 Customer Jobs | 00:00:00 | ||
| 7280 Pay Employees | 00:00:00 | ||
| 7282 Change Payroll Item For Payroll Taxes | 00:00:00 | ||
| 7300 Enter Billable Time And Add To Invoice For Job | 00:00:00 | ||
| Section 20 - Month 1 - Create Customer Job, Pay Employees, And Create Sales Receipt For Job | |||
| 7260 Customer Jobs | 00:00:00 | ||
| 7280 Pay Employees | 00:00:00 | ||
| 7282 Change Payroll Item For Payroll Taxes | 00:00:00 | ||
| 7300 Enter Billable Time And Add To Invoice For Job | 00:00:00 | ||
| Section 21 - OneNote - Month One - Reports | |||
| 7320 Month One Report | 00:00:00 | ||
| Section 22 - Month One - Reports | |||
| 7320 Month One Report | 00:00:00 | ||
| Section 23 - OneNote - Month 2 - Enter Loan Payments, Create Amortization Tables, And Investment | |||
| 8020 Make Amortization Table | 00:00:00 | ||
| 8022 Make Loan Payments | 00:00:00 | ||
| 8040 Short Term Investment Sales And Gains | 00:00:00 | ||
| 8060 Change Account Categorization To Other Expense | 00:00:00 | ||
| Section 24 - Month 2 - Enter Loan Payments, Create Amortization Tables, And Investment | |||
| 8020 Make Amortization Table | 00:00:00 | ||
| 8022 Make Loan Payments | 00:00:00 | ||
| 8040 Short Term Investment Sales And Gains | 00:00:00 | ||
| 8060 Change Account Categorization To Other Expense | 00:00:00 | ||
| Section 25 - OneNote - Month 2 - Enter Purchase Order, Sales Receipt, Bill For Inventory | |||
| 8080 Purchase Order Adding New Items | 00:00:00 | ||
| 8120 Sales Receipt And Deposit | 00:00:00 | ||
| 8122 Record Receipt Of Inventory With Bill Linked To P.O. | 00:00:00 | ||
| Section 26 - Month 2 - Enter Purchase Order, Sales Receipt, Bill For Inventory | |||
| 8080 Purchase Order Adding New Items | 00:00:00 | ||
| 8120 Sales Receipt And Deposit | 00:00:00 | ||
| 8122 Record Receipt Of Inventory With Bill Linked To P.O. | 00:00:00 | ||
| Section 27 - OneNote - Month 2 - Invoice From Billable Item, Advanced Customer Deposit | |||
| 8130 Populate Invoice Using Billable Item That Was Created From P.O. | 00:00:00 | ||
| 8140 Advanced Customer Payment Or Unearned Revenue Method 1 | 00:00:00 | ||
| 8160 Apply Customer Deposit (Credit) To Invoice | 00:00:00 | ||
| 8200 Advanced Customer Payment Or Unearned Revenue Method 2 | 00:00:00 | ||
| Section 28 - Month 2 - Invoice From Billable Item, Advanced Customer Deposit | |||
| 8130 Populate Invoice Using Billable Item That Was Created From P.O. | 00:00:00 | ||
| 8140 Advanced Customer Payment Or Unearned Revenue Method 1 | 00:00:00 | ||
| 8160 Apply Customer Deposit (Credit) To Invoice | 00:00:00 | ||
| 8200 Advanced Customer Payment Or Unearned Revenue Method 2 | 00:00:00 | ||
| Section 29 - OneNote - Month 2 - Invoicing For Hourly Service | |||
| 8320 Bill For Hourly Services Of Staff Set Up Items And Enter Billable Time | 00:00:00 | ||
| 8322 Create Invoices Using Billable Time | 00:00:00 | ||
| Section 30 - Month 2 - Invoicing For Hourly Service | |||
| 8320 Bill For Hourly Services Of Staff Set Up Items And Enter Billable Time | 00:00:00 | ||
| 8322 Create Invoices Using Billable Time | 00:00:00 | ||
| Section 31 - OneNote - Month 2 - Invoicing For Rental Income With Advanced Customer Deposit | |||
| 8340 Rental Income Set Up Items | 00:00:00 | ||
| 8342 Rental Income Customer Deposit | 00:00:00 | ||
| 8344 Rental Income Estimate And Invoice | 00:00:00 | ||
| Section 32 - Month 2 - Invoicing For Rental Income With Advanced Customer Deposit | |||
| 8340 Rental Income Set Up Items | 00:00:00 | ||
| 8342 Rental Income Customer Deposit | 00:00:00 | ||
| 8344 Rental Income Estimate And Invoice | 00:00:00 | ||
| Section 33 - OneNote - Month 2 - Purchase And Finance Equipment And Recategorize Fixed Assets | |||
| 8360 Purchase And Finance Equipment | 00:00:00 | ||
| 8362 Subaccounts Categories For Fixed Assets | 00:00:00 | ||
| Section 34 - Month 2 - Purchase And Finance Equipment And Recategorize Fixed Assets | |||
| 8360 Purchase And Finance Equipment | 00:00:00 | ||
| 8362 Subaccounts Categories For Fixed Assets | 00:00:00 | ||
| Section 35 - OneNote - Month 2 - Enter And Pay Month End Bills And Pay Sales Tax | |||
| 8365 Bills – Enter, Sort, And Pay | 00:00:00 | ||
| 8370 Pay Sales Tax | 00:00:00 | ||
| Section 36 - Month 2 - Enter And Pay Month End Bills And Pay Sales Tax | |||
| 8365 Bills – Enter, Sort, And Pay | 00:00:00 | ||
| 8370 Pay Sales Tax | 00:00:00 | ||
| Section 37 - OneNote - Month 2 - Enter Payroll And Pay Payroll Tax For Prior Period | |||
| 8380 Enter Payroll For Second Month | 00:00:00 | ||
| 8385 Pay Payroll Taxes | 00:00:00 | ||
| Section 38 - Month 2 - Enter Payroll And Pay Payroll Tax For Prior Period | |||
| 8380 Enter Payroll For Second Month | 00:00:00 | ||
| 8385 Pay Payroll Taxes | 00:00:00 | ||
| Section 39 - OneNote - Month 2 - Generate Month End Report And Review Work | |||
| 8420 Create Reports After Second Month Of Data Input | 00:00:00 | ||
| Section 40 - Month 2 - Generate Month End Report And Review Work | |||
| 8420 Create Reports After Second Month Of Data Input | 00:00:00 | ||
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