QuickBooks Online 2021 #4 Adjusting Entries & Reversing Entries
Data files to use for reference
10.05 Adjusting Entries & Reversing Entries Introduction
Transfer Data From QuickBooks Desktop Backup File
10.07 Adjusting Entry Worksheet Creation
10.10 Adjusting Entry Accrued Interest Excel
10.12 Adjusting Entry Accrued Interest QB
10.13 Reversing Entry Accrued Interest Excel
10.14 Reversing Entry Accrued Interest
10.25 Adjusting Entry Accounts Receivable Sales Excel
10.27 Adjusting Entry Accounts Receivable Sales QB
10.30 Reversing Entry Accounts Receivable Sales Excel
10.32 Reversing Entry Accounts Receivable Sales QB
10.40 Adjusting Entry Prepaid Insurance Excel
10.42 Adjusting Entry Prepaid Insurance
10.45 Adjusting Entry Depreciation Excel
10.47 Adjusting Entry Depreciation
10.50 Adjusting Entry Unearned Revenue Customer Deposit Excel
10.52 Adjusting Entry Unearned Revenue Customer Deposit
10.55 Reversing Entry Unearned Revenue Customer Deposit Excel
10.57 Reversing Entry Unearned Revenue Customer Deposit QB
10.60 Adjusting Entry & Reversing Entry Journal Reports
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.