Course curriculum

    1. 305 Setup New Bank Feed Test Company File

    2. 315 How do Bank Feeds Fit Into My Accounting System

    3. 320 Setting up Bank Feeds

    4. 360 Download Bank Feed Transactions From Bank

    5. 364 Import Bank Transactions Into QuickBooks

    6. 365 Bank Feed Center Navigation

    7. 375 Enter Transaction Purchasing Equipment Using Bank Feeds

    8. 380 Enter Transaction Purchas of Inventory Using Bank Feeds Overview

    9. 381 Enter Transaction Purchas of Inventory Using Bank Feeds Perpetual System

    10. 385 Enter Transaction Purchasing Investments Using Bank Feeds

    11. 390 Enter Transaction For Owner Withdrawal or Personal Payment Using Bank Feeds

    12. 395 Enter Transaction for Income Deposit For Online Cash-Basis Business Overview

    13. 396 Income From Bank Feeds & Income Categories

    14. 400 Enter Transaction for Owner Deposit or Loan Deposit Using Bank Feeds

    15. 403 Enter Transaction for Payroll Using Bank Feeds

    16. 405 Sales Tax & Bank Feeds

    17. 440 Bank Feeds Matching Invoice to Deposit

    18. 447 Bank Feeds Matching Deposit From Customer

    19. 445 Bank Feeds Matching Receive Payment Form

    20. 449 Bank Feeds Matching Sales Receipt

    21. 460 Bank Feeds Credit Card Data Setup

    22. 465 Credit Card Bank Feed Add Data

    23. 467 Bank Feed to Bank Feed Transaction

    24. 475 Credit Card Reconciliation Month One

    25. 480 Credit Card Reconciliation Month Two

    26. 505 PayPal CSV File

    27. 515 Import PayPal Data

    28. 520 PayPal Data Input & Transfers

    29. 660 Bank Rules – Same Customer Different Income Accounts

    30. 665 Bank Rules Same Vendor Filter by Amount

    31. 680 Bank Feeds Add Remaining Transactions & Bank Rules

    32. 685 Bank Reconciliation Bank Feeds First Month

    33. 690 Bank Reconciliation Bank Feeds After First Month

    34. 695 Financial Reports Generated From Bank Feeds

    1. 305Setup30DayFreeTrialtoAddBankFeeds

    2. 308DeleteGeneralLedgerAccountorMakeInactive

    3. 320SettingupBankFeeds

    4. 360DownloadBankFeedTransactionsFromBank

    5. 364ImportBankTransactions

    6. 365BankFeedCenterNavigation

    7. 380 Enter Transaction Purchas of Inventory Using Bank Feeds Overview

    8. 370AddNormalExpensesToBooksFromBankFeedLimboandMakeRules

    9. 375EnterTransactionPurchasingEquipmentUsingBankFeeds

    10. 382PurchaseofInventoryUsingBankFeedsPeriodMethodandCashMethod

    11. 383 Purchas of Inventory Using Bank Feeds Periodic vs Perpetual System

    12. 385EnterTransactionPurchasingInvestmentsUsingBankFeeds

    13. 390EnterTransactionForOwnerWithdrawalorPersonalPaymentUsingBankFeeds

    14. 395BankFeedDepositEnteredasIncomeforCashBasisBusiness

    15. 396IncomeFromBankFeedsandIncomeCategories

    16. 400EnterTransactionforOwnerDepositorLoanDepositUsingBankFeeds

    17. 403PayrollTransactionUsingBankFeeds

    18. 405SalesTaxandBankFeeds

    19. 440BankFeedsMatchingInvoicetoDeposit

    20. 445BankFeedsMatchingReceivePaymentForm

    21. 449BankFeedsMatchingSalesReceipt

    22. 447BankFeedsMatchingDepositFromCustomer

    23. 460BankFeedsCreditCardDataSetup

    24. 465CreditCardBankFeedAddData

    25. 467BankFeedtoBankFeedTransaction

    26. 475CreditCardReconciliationMonthOne

    27. 505PayPalBankFeeds

    28. 515PayPalBankFeedsAddDatatoFinancialReports

    29. 520PayPalBankFeedtoBankFeedTransfer

    30. 660BankRulesSameCustomerDifferentIncomeAccounts

    31. 665BankRulesSameVendorFilterbyAmount

    32. 670BankRulesSplitIntoTwoAccounts

    33. 675BankRulesOneVendorTwoExpenseAccounts

    34. 680BankFeedsAddRemainingTransactionsandBankRules

    35. 685BankReconciliationBankFeedsFirstMonth

    36. 690BankReconciliationBankFeedsAfterFirstMonth

    37. 695 Financial Reports Generated From Bank Feeds

About this course

  • $175.00
  • 71 lessons
  • 19.5 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 Sixth in a series of courses covering QuickBooks 2022; comprehensively.

We will discuss how bank feeds can fit into an accounting system, how to set up bank feeds, and how to construct financial statements using bank feed data.

We will import bank feed data into our QuickBooks system.

The course will add bank feed data to the financial statement, breaking the process into cash increase transactions and cash decrease transactions.

Learners will understand how to generate bank rules to make the data input process faster as time passes, the first month of data input often being the most difficult due to not having prior transactions to refer back to.

As we construct bank feed transactions, considering the difference between a cash method and an accrual method 

A cash-based accounting system can be constructed from the bank feed data. When using an accrual system, the bank feed data will more often be used to verify transactions that have been entered independently of the bank feeds. 

The course will cover how bank feed data can be matched to transactions such as invoices, sales receipt forms, receive payment forms, deposit forms, bills, and checks. The matching of bank feed data to data input forms can help with the bank reconciliation process, as we match up what has been entered into QuickBooks with what has cleared the bank.