Course curriculum

    1. Transfer Data From QuickBooks Desktop Backup File

    2. Documents to Download

    3. OneNote Resource

    4. 10120 Adjusting Entries and Reversing Entries Introduction

    1. Documents to Download

    2. 10180 Adjusting Entry Accrued Interest

    3. 10220 Reversing Entry Accrued Interest

    1. 10260 Adjusting Entry Accounts Receivable-Sales

    2. 10300 Reversing Entry Accounts Receivable Sales

    1. 10340 Adjusting Entry Prepaid Insurance

    1. 10380 Adjusting Entry Depreciation

    1. 10400 Adjusting Entry Unearned Revenue Customer Deposit

    2. 10460 Reversing Entry Unearned Revenue Customer Deposit

About this course

  • $25.00
  • 16 lessons
  • 4.5 hours of video content

Description

This course is the fourth in a series of courses covering QuickBooks Online 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.