Course curriculum

  • 01


    • 315 How Do Bank Feeds Fit Into My Accounting System Quickbooks

  • 02

    Getting Set Up

    • QuickBooks Data Files to Download

    • Xero Data Files to Download

    • Wave Data Files

    • Sage Data Files

    • 05 Recommendations For Success Quickbooks

    • 10 Quickbooks Purchase With 30 Day Trial

    • 10 Xero Free 30-Day Trial

    • 10 Wave Free Accounting

    • 10 Sage Business Cloud Accounting Free Trial

    • 320 Quickbooks Project Outline

    • 320 Xero Project Outline

    • 320 Wave Project Outline

    • 320 Sage Project Outline

  • 03

    Month One - Set up Bank Feeds

    • 325 Quickbooks Set Up Bank Feeds

    • 325 Xero Set Up Bank Feeds

    • 325 Wave Set Up Bank Feeds

    • 325 Sage Set Up Bank Feeds

    • 360 Quickbooks Download Transactions From Bank

    • 360 Xero Download Transactions From Bank

    • 360 Wave Download Transactions From Bank

    • 360 Sage Download Transactions From Bank

    • 365 Quickbooks Import Bank Data

    • 365 Xero Import Bank Data

    • 365 Wave Import Bank Data

    • 365 Sage Import Bank Data

  • 04

    Month One - Add Transactions from Bank Feeds

    • 370 Quickbooks Add Expense transactions

    • 370 Xero Add Expense transactions

    • 370 Wave Add Expense Transactions

    • 370 Sage Add Expense transactions

    • 375 Quickbooks Add Capital Expenditures

    • 375 Xero Add Capital Expenditures

    • 376 Xero Add Capital Expenditures Part 2

    • 375 Wave Add Capital Expenditures

    • 375 Sage Add Capital Expenditures

    • 380 Quickbooks Add Inventory Purchase

    • 380 Xero Add Inventory Purchase

    • 380 Wave Add Inventory Purchase

    • 380 Sage Add Inventory Purchase

    • 385 Quickbooks Add Amount Paid for Investment

    • 385 Xero Add Amount Paid for Investment

    • 385 Wave Add Amount Paid for Investment

    • 385 Sage Add Amount Paid for Investment

    • 390 Quickbooks Add Owner Withdraws

    • 390 Xero Add Owner Withdraws

    • 390 Wave Add Owner Withdraws

    • 390 Sage Add Owner Withdraws

    • 400 Quickbooks Sales Tax

    • 400 Xero Sales Tax Calculation

    • 400 Wave Sales Tax Calculation

    • 400 Sage Sales Tax Calculation

    • 405 Quickbooks 1 Deposit Owner

    • 405 Xero Deposit Owner

    • 405 2 Wave Deposit Owner

    • 405 1 Sage Deposit Owner

    • 405 Quickbooks Deposit Loan

    • 405 Xero Deposit Loan

    • 405 Wave 1 Deposit Loan

    • 405 2 Sage Deposit Loan

  • 05

    Month One – Bank Reconciliation

    • 407 Quickbooks Bank Reconciliation

    • 407 Wave Bank Reconciliation

    • 407 Sage Bank Reconciliation

  • 06

    Month Two – Upload Bank Transactions

    • 415 Quickbooks Upload Bank Transactions

    • 415 1 Xero Upload Bank Transactions

    • 415 1 Wave Upload Bank Transactions

    • 415 1 Sage Upload Bank Transactions

  • 07

    Month Two – Add Transactions from Bank Feeds

    • 420 Quickbooks Add Expenses

    • 415 2 Xero Add Expenses

    • 415 2 Wave Add Expenses

    • 415 2 Sage Add Expenses

    • 420 Quickbooks Add Insurance

    • 420 Xero Add Insurance

    • 420 Wave Add Insurance

    • 420 Sage Add Insurance

    • 425 Quickbooks Add Payroll Checks

    • 425 Xero Add Payroll Checks

    • 425 Wave Add Payroll Checks

    • 425 Sage Add Payroll Checks

    • 430 Quickbooks Add Inventory

    • 430 1 Xero Add Inventory

    • 430 1 Wave Add Inventory

    • 430 1 Sage Add Inventory

    • 430 Quickbooks Add Loan Payments

    • 430 2 Xero Add Loan Payment

    • 430 2 Wave Add Loan Payment

    • 430 2 Sage Add Loan Payment

    • 435 Quickbooks Add Draw

    • 435 Xero Add Draw

    • 435 Wave Add Draw

    • 435 Sage Add Draw

    • 445 Quickbooks Sales Receipt & Bank Feeds

    • 445 Xero Sales Receipt & Bank Feeds

    • 445 Wave Sales Receipt & Bank Feeds

    • 445 Sage Sales Receipt & Bank Feeds

  • 08

    Month Two – Bank Reconciliation

    • 450 Quickbooks Bank Reconciliation

    • 450 Xero Bank Reconciliation

    • 450 Wave Bank Reconciliation

    • 450 Sage Bank Reconciliation

  • 09

    Month Two – Analyze Reports

    • 455 Reports After Second Month

  • 10

    Credit Card Bank Feeds

    • 460 Quickbooks Credit Card Bank Feeds Upload

    • 460 Xero Credit Card Bank Feeds Upload

    • 460 Wave Credit Card Bank Feeds Upload

    • 460 Sage Credit Card Bank Feeds Upload

    • 465 Quickbooks Add Credit Card Bank Feed Data

    • 465 1 Xero Add Credit Card Bank Feed Data

    • 465 1 Wave Add Credit Card Bank Feed Data

    • 465 1 Sage Add Credit Card Bank Feed Data

    • 470 Quickbooks Reconcile Credit Card

    • 470 Wave Reconcile Credit Card

    • 470 1 Sage Reconcile Credit Card

    • 470 1 Xero Reconcile Credit Card

  • 11

    Bank Feed Rules

    • 470 Quickbooks Upload Bank Transactions

    • 475 Quickbooks Bank Rules Deposit Same Customer Different Account

    • 480 Quickbooks Bank Rules Amount Limit

    • 485 Quickbooks Bank Rules Split Into Two Accounts

    • 470 2 Xero Upload Bank Transactions to Create Bank Rules

    • 490 Quickbooks Bank Rules One Vendor Two Expense Accounts

    • 495 Quickbooks Bank Rules More Rules & Techniques

    • 495 Xero Bank Rules More Rules


Bank Feed Options

This course will compare and contrast the top accounting software applications, focusing on the use of bank feeds.

We will provide practice data that learners can import into the software applications.

Learners will understand the process of setting up each online software package. We will also discuss purchase options.

Most of the software applications will include a free test drive, an excellent tool for learning accounting and bank feeds.

We will practice entering two months of data into each accounting application with the help of banking data we will import into the system.

The course will also cover credit card bank feeds similarly.

Learners will also learn more advanced bank rules where applicable.

Robert (Bob) Steele CPA CGMA CPI MStax


Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge.