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