Course curriculum
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Data files to use for reference
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10.05 Adjusting Entries & Reversing Entries Introduction
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Transfer Data From QuickBooks Desktop Backup File
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10.07 Adjusting Entry Worksheet Creation
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10.10 Adjusting Entry Accrued Interest Excel
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10.12 Adjusting Entry Accrued Interest QB
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10.13 Reversing Entry Accrued Interest Excel
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10.14 Reversing Entry Accrued Interest
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10.25 Adjusting Entry Accounts Receivable Sales Excel
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10.27 Adjusting Entry Accounts Receivable Sales QB
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10.30 Reversing Entry Accounts Receivable Sales Excel
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10.32 Reversing Entry Accounts Receivable Sales QB
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10.40 Adjusting Entry Prepaid Insurance Excel
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10.42 Adjusting Entry Prepaid Insurance
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10.45 Adjusting Entry Depreciation Excel
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10.47 Adjusting Entry Depreciation
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10.50 Adjusting Entry Unearned Revenue Customer Deposit Excel
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10.52 Adjusting Entry Unearned Revenue Customer Deposit
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10.55 Reversing Entry Unearned Revenue Customer Deposit Excel
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10.57 Reversing Entry Unearned Revenue Customer Deposit QB
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10.60 Adjusting Entry & Reversing Entry Journal Reports
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About this course
- $15.00
- 21 lessons
- 5.5 hours of video content
Description
This is the fourth in a series of courses covering QuickBooks Online 2021; comprehensively.
We will enter period end, typically month or year end, adjusting entries.
Learners will understand the process of adjusting entries as well as how, and why, adjusting entries are a separate process from the general data input process.
We will learn how to make the transition from the accounting data input, to the adjusting process, and back to data input for the following moth, as smooth as possible.
Part of making the transitions between the accounting data input and adjusting entries smooth includes using reversing entries.
We will discuss which entries should be reversed and why. Learners will understand how to enter reversing entries.
The course will also cover the generation of reports, using the filtering options, to show the adjusting and reversing entries.