QuickBooks Desktop #2 Create New Company File & Enter Two Months of Data

This is the second in a series of courses covering QuickBooks Desktop; comprehensively.

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Course curriculum

1. 1012 30 Day Free Trial or Purchase Process
2. 6010 Restore & Backup Data Files
3. Documents to Download
4. Backup Files
5. 6040 Create a New Company File
1. 6080 Company Preferences Accounting
2. 6100 Benefits HR, Company Preferences Bills, Calendar, & Checking
3. 6140 Company Preferences Integrated Application & Items & Inventory
4. 6160 Jobs and Estimates, Multiple Currencies, Payments, and Payroll
5. 6180 Company Preferences Reminders & Reports & Graphs
6. 6200 Company Preferences Sales & Customers & Sales Tax
7. 6220 Company Preferences Search, Send Forms, Service Connection
1. 6240 Options for Interring Items, Customers & Vendors
2. 6260 Enter Service Items
3. 6280 Inventory Tracking Options
4. 6300 Set Up Inventory Items
1. 6320 Sales Tax Set Up
2. 6340 New Customers Setup AND Accounts Receivable Beginning Balances165745c.autosav
3. 6360 New Vendors Setup & Accounts Payable Beginning Balances
1. 6380 Add New Accounts AND Opening Balances
2. 6420 Manual Payroll Set up
3. 6400 Adjust Opening Balances
1. 6440 Generate Reports After Entering Beginning Balances
1. 7020 Deposits - Owner Investment & Loan
2. 7040 Record Investment
3. 7043 Purchase of Fixes Assets
1. 7060 Enter Purchase Order P.O.
2. 7080 Cash Payment for Inventory Linked to Purchase Order P.O.
1. 7100 Invoice Selling Inventory
2. 7140 Sales Receipt Payment Received at Point of Sale
3. 7160 Deposits From Undeposited Funds
1. 7180 Invoice Created From Check Created From Purchase Order
2. 7200 Receive Payment and Make Deposit
3. 7220 Write Checks for Expenses & Prepaid Assets
4. 7240 Bill Pay1968546.autosave
1. 7260 Customer Jobs
2. 7280 Pay Employees
3. 7282 Change Payroll Item for Payroll Taxes
4. 7300 Enter Billable Time & Expense & Invoice
1. 7320 Month One Reports
1. 8020 Make Amortization Table2d01e19.autosave
2. 8022 Make Loan Paymentsd8329e.autosave
3. 8040 Short Term Investment Sales & Gains
4. 8060 Change Account Categorization to Other Expense
1. 8080 Purchase Order Adding New Items
2. 8120 Sales Receipt AND Deposit
3. 8122 Record Receipt of Inventory with Bill Linked to P.O.
1. 8130 Populate Invoice Using Billable Item That was Created From P.O.
2. 8140 Advanced Customer Payment or Unearned Revenue Method 1ff5ed1.autosave118eb0
3. 8160 Apply Customer Deposit (Credit) to Invoice
4. 8200 Advanced Customer Payment or Unearned Revenue Method 2
1. 8320 Bill for Hourly Services of Staff Set up Items & Enter Billable Time
2. 8322 Create Invoices Using Billable Timed68a1e.autosave559e75.autosave
1. 8340 Rental Income Set Up Items
2. 8342 Rental Estimate & Customer Deposit
3. 8344 Rental Income Invoice from Estimate
1. 8360 Purchase and Finance Equipment and Create Loan Sub Accounts1f01010.autosave
2. 8362 Subaccounts Categories For Fixed Assets
1. 8365 Bills - Enter, Sort, & Pay
2. 8370 Pay Sales Tax
1. 8380 Enter Payroll For Second Month
2. 8385 Pay Payroll Taxes
1. 8420 Create Reports After Second Month of Data Input

About this course

$45.00
63 lessons
18.5 hours of video content

Description

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.