QuickBooks Online 2022 vs Excel #1 Navigation, Forms, & Reports

Learn both QuickBooks Online and Excel from a Certified Public Account.

Buy $50.00

Course curriculum

1. Documents to Download
2. 1005GettingAccesstoSoftwareForFree
3. 100730DayFreeTrial
4. 1009FreeTestDrive
5. 1011QuickBooksOnlinevsQuickBooksDesktop
6. 1012QuickBooksOnlineSoftwareOptions
7. 1013IncreaseScreenSizeandToggle
8. 1015NavigationOverview
9. 1017BankFeeds
10. 1018PreferencesAccountandSettings
11. 1080AccountingProcessandFormsOverview
1. 1005 Getting Access to Software For Free
2. 1007 30–Day Free Trial
3. 1009 Free Test Drive
4. 1011 QuickBooks Online vs QuickBooks Desktop
5. 1012 QuickBooks Online Software Options
6. 1013 Increase Screen Size and Toggle
7. 1015 Navigation Overview
8. 1017 Bank Feeds
9. 1018 Preferences Account & Settings
10. 1080 Accounting Process & Forms Overview
1. 1025 Create Accounting Worksheet Part 1
2. 1028 Create Accounting Worksheet Part 2
3. 1031 Create Accounting Worksheet Part 3
4. 1034 Create Accounting Worksheet Part 4
5. 1037 Create Accounting Worksheet Part 5
6. 1040 Create Accounting Worksheet Part 6
7. 1043 Create Accounting Worksheet Part 7
8. 1046 Create Accounting Worksheet Part 8
9. 1052 Create Accounting Worksheet Part 10
1. OneNote Resource
2. 1155VendorExpensePurchasesPayorAPCycle
3. 1160VendorExpensePurchasesorPayCenter
4. 1180BillForm
5. 1200PayBills
1. 1155 Vendor, Expense, Purchases, Pay, or AP Cycle
2. 1160VendorExpensePurchasesorPayCenter
3. 1160 Vendor, Expense, Purchases, or Pay Center
4. 1180 Bill Form
5. 1200 Pay Bills Form Check
6. 1220 Purchase Order Form - P.O.
7. 1240 Manage Sales Tax Form
8. 1260 Check & Expense Form
9. 1280 Void Check Prior Period Adjustment
1. 1180 Bill Form
2. 1200 Pay Bills Form Check
3. 1260 Check Form
4. 1280 Void Check Prior Period Adjustment
1. 1300 Customer, Accounts Receivable, or Get Paid Cycle
2. 1320 Customer, Accounts Receivable, or Get Paid Center
3. 1340 Invoice Form
4. 1360 Receive Payment Form
5. 1380 Deposit Form
6. 1400 Sales Receipts Form
7. 1405 Barter or Trade Transaction
8. 1420 Credit Memo Bad Debt Sales Returns
9. 1422 Refund Receipt Form
10. 1425 Delayed Credit & Credit Memo
11. 1427 Estimate
1. 1340 Invoice Form
2. 1360 Receive Payment Form
3. 1380 Deposit Form
4. 1400 Sales Receipts Form
5. 1420 Credit Memo Refund Form & Bad Debt Expense Service Item
6. 1488 Credit Memo with Inventory
1. OneNote Resource
2. 1400 Sales Receipts Form
3. 1405 Barter or Trade Transaction
4. 1420 Credit Memo Bad Debt Sales Returns
5. 1422 Refund Receipt Form
6. 1425 Delayed Credit & Credit Memo
7. 1427 Estimate
8. 1440OtherSectionBankingorCompanySection
9. 1442TransferForm
10. 1444JournalEntry
11. 1446StatementForm
12. 1448InventoryQtyAdjustment
13. 1450PayDownCreditCardForm
14. 1460KeyboardShortcuts
15. 1480EmployeeSectionPayrollProcess
16. 1500PayrollCenterCycle
1. 1520 Pay Employees Form
2. 1522 Pay Employees Form Part 2
1. 1560Lists
2. 1580ChartofAccounts
3. 1600ProductsandServicesList
1. 1620 Help and Support
2. 1640Reports
1. 2020BalanceSheetReport
2. 2040ReportFormattingBasics
3. 2045ReportCustomizationGeneralCategory
4. 2060ReportHeaderandFooterFormatting
5. 2080ReportCustomization
6. 2100ComparativeBalanceSheetCreation
7. 2120BalanceSheetVerticalAnalyses
8. 2125SummeryBalanceSheet
9. 2140SaveCustomizationorMemorizeReport
10. 2160ManagementReportsCustomization
11. 2180PrintEmailandCreatePDFofReports
12. 2181ExportBalanceSheetReports
1. . OneNote Resource
2. 3020ProfitandLossPandLIncomeStatementOverview
3. 3060VerticalAnalysisProfitLossPandLIncomeStatement
4. 3040ComparativeProfitandLossPandLIncomeStatemen
5. 3080SaveCustomizationorMemorizeProfitandLossReports
6. 3100ProfitandLossPrintSaveasPDFandCreateManagementReport
7. 3105ProfitandLoss
1. 4020StatementofCashFlows
2. 4040AccountsReceivableAgingReports
3. 4060AccountsPayableAgingReports
4. 4080SalesbyCustomerandIncomebyCustomerReports
5. 4120ExpenseandVendorsReports
6. 4200TransactionListbyDateReport
7. 4220JournalReport
8. 4240BudgetReports
9. 4320SalesbyCustomerGraphs
10. 4360SalesbyProductandServiceGraph
11. 4380InternalandExternalReports

About this course

$50.00
118 lessons
29.5 hours of video content

Description

This course will compare the process of creating an accounting system in both QuickBooks Online and Excel. Because Excel is a much more transparent tool, it will provide us a much better understanding of the workings of QuickBooks

The QuickBooks related sections of the course will cover the following:

We will first talk about how to get access to QuickBooks Online, possibly with the 30-day free trial often offered by QuickBooks, the 30-day free trial being a perfect tool for a course like this.

Using the test drive company file provided by QuickBooks, we will practice navigating the software, locating the settings, the general ledger and other core lists, the reports, and the primary forms used to enter financial transactions.

We will break the accounting process down into accounting cycles, including the revenue or accounts receivable cycle, the purchases or expense or accounts payable cycle, and the payroll or employee cycle.

Thinking about the accounting process by cycle is much easier to visualize, the data input forms falling into place, the order and linking of many data input forms becoming much clearer.

This course will demonstrate the core financial statement reports, the balance sheet, and the income statement or profit and loss. We will then look at many other reports, considering how most will expand on, and provide more information to line items on the primary financial statement reports, the balance sheet, and income statement, or profit and loss.

The Excel related sections of the course will cover the following:

In this course we will build an accounting system starting with a blank Excel worksheet, creating a general journal, a general ledger, a trial balance, subledgers, and financial statements.

For each new step in the process, you will have access to a downloadable Excel Workbook, containing at least two tabs, one with the answer, the new steps having been completed, the other starting out where the prior presentation left off.

Once we have created our accounting system worksheet, we will use it to record common transactions, entering the journal entries into the general journal, posting to the general ledger, creating the trial balance, adjusting the subsidiary ledgers, and constructing the financial statements.

As we enter each transaction, we will consider the data input often used in accounting software like QuickBooks. Accounting software will use data input forms like bills, invoices, credit memos, checks, sales receipts, and more, to simplify the data input process, allowing users with little accounting experience to learn data input.

Accountants are generally more valuable when they understand both the accounting theory, the impact on financial statements of each transaction, as well as how an accounting database program like QuickBooks works, including the data input forms used to enter normal financial transactions.

Because spreadsheets are so transparent, they are the perfect tool to gain and understanding of both, accounting theory and accounting software.

Conversely, building an accounting system in Excel is a great way, one of the best ways, to improve your Excel skills.