QuickBooks Online vs QuickBooks Desktop 2022 #4 Adjusting Entries & Reversing Entries

Learn both QuickBooks Online & QuickBooks Desktop, comparing & contrasting the two, from a Certified Public Accountant CPA

Buy $150.00

Course curriculum

1. Documents to Download
2. 10120 Adjusting Entries & Reversing Entries Introduction
3. 6010 Restore & Backup Data Files
1. Documents to Download
2. OneNote Resource
3. 10120AdjustingEntriesandReversingEntriesIntroduction
4. Transfer Data From QuickBooks Desktop Backup File
1. 10180 Adjusting Entry Accrued Interest
2. 10220 Reversing Entry Accrued Interest
1. 10180AdjustingEntryAccruedInterest
2. 10220ReversingEntryAccruedInterest
1. 10260 Adjusting Entry Accounts Receivable Sales
2. 10300 Reversing Entry Accounts Receivable Sales
1. 10260AdjustingEntryAccountsReceivableSales
2. 10300ReversingEntryAccountsReceivableSales
1. 10340 Adjusting Entry Prepaid Insurance
1. 10340AdjustingEntryPrepaidInsurance
1. 10380 Adjusting Entry Depreciation
1. 10380AdjustingEntryDepreciation
1. 10400 Adjusting Entry Unearned Revenue Customer Deposit
2. 10460 Reversing Entry Unearned Revenue Customer Deposit
1. 10400 Adjusting Entry Unearned Revenue Customer Deposit
2. 10460ReversingEntryUnearnedRevenueCustomerDeposit
1. 10465 Adjusting Entry Loan Payable Short-Term and Long-Term Portions
2. 10467 Reversing Entry Loan Payable Short-Term and Long-Term Portions
1. 10465AdjustingEntryLoanPayableShortTermandLongTermPortions
2. 10467ReversingEntryLoanPayableShortTermandLongTermPortions
1. 10480 Adjusting Entry & Reversing Entry Journal Reports
1. 10480AdjustingEntryandReversingEntryJournalReports

About this course

$150.00
29 lessons
8 hours of video content

Description

This course will compare QuickBooks Online & QuickBooks Desktop so we can compare the pros and cons of each accounting software.

This course is the fourth in a series of courses covering QuickBooks 2022; comprehensively.

We will enter period end, typically month or year-end, adjusting entries.

Learners will understand the process of adjusting entries and how and why adjusting entries are separate from the general data input process.

We will learn how to transition from the accounting data input to the adjusting process and back to data input for the following month as smoothly as possible.

Making the transitions between the accounting data input and adjusting entries smooth requires reversing entries.

We will discuss which entries should need reversing and why. Learners will understand how to enter reversing entries.

The course will also cover the generation of reports, using filtering options, to show the adjusting and reversing entries.