QuickBooks Online 2022 #2 Create New Company File & Enter Two Months of Data
This is the second in a series of courses covering QuickBooks Online 2022; comprehensively.
6010 Comprehensive Problem Introduction
6040 Free 30-Day Trial Set Up
6060 Account and Settings Company Tab
OneNote Resource
6080 Account and Settings Billing and Subscription, Usage, and Sales Tabs
6100 Account and Settings Expenses, Payments, Time, and Advanced Tabs
6120 Manage Users
6140 QuickBooks Labs Dark Mode
OneNote Resource
6240 Entering Beginning Balances, Customers, Vendors, and Items Overview
6260 Enter Service Items
6280 Inventory Tracking Options
6300 Set Up Inventory
6320 Sales Tax
6340 New Customers Setup and Accounts Receivable Beginning Balances
6360 New Vendors Setup and Accounts Payable Beginning Balances
OneNote Resource
6380 Add New Accounts and Opening Balances
6400 Adjust Opening Balances
6420 Payroll Set up
6440 Generate Reports After Entering Beginning Balances
Documents to Download
7020 Deposits Owner Investment and Loan
7040 Purchase of Furniture and Investment Transactions
This course is the second in a series of classes covering QuickBooks Online 2022; comprehensively.
We will create a new company file and populate it with two months of data input.
The data input will cover every significant form in each operating cycle, including the revenue cycle, the payables cycle, and the payroll cycle. The primary operating cycles are also commonly grouped as the customer, vendor, and employee cycle.
As we enter financial transactions, populating forms, we will analyze the impact on the financial statement and related reports.
Entering two months of data will allow us to see the difference in complexity of entering data for the first month of operations, a time when we have no historical data to help us, and entering data in following months, a time when we do have prior history and transactions to help simplify the process.