Course curriculum

  • 01


    • QuickBooks Online – Bank Feeds & Credit Card Feeds Course

    • 315 How Do Bank Feeds Fit Into My Accounting System

    • Data Files to Download

  • 02

    Getting Set Up

    • 2 Getting Set Up

    • 05 Recommendations For Success

    • 10 Purchase With 30 Day Trial

    • 320 Project Outline

  • 03

    Month One - Set up Bank Feeds

    • 3 Month One - Set up Bank Feeds

    • 325 Set Up Bank Feeds

    • 360 Download Transactions From Bank

    • 365 Import Bank Data

  • 04

    Month One - Add Transactions from Bank Feeds

    • 4 Add Transactions from Bank Feeds

    • 370 Add Expense transactions

    • 375 Add Capital Expenditures

    • 380 Add Inventory Purchase

    • 385 Add Amount Paid for Investment

    • 390 Add Owner Withdraws

    • 395 Add Bank Service Charge

    • 395 Add Customer Deposits

    • 405 1 Deposit Owner

    • 400 Sales Tax

    • 405 Deposit Loan

  • 05

    Month One – Bank Reconciliation

    • 5 Month One – Bank Reconciliation

    • 407 Bank Reconciliation

  • 06

    Month One – Compare Cash basis to Accrual Basis Using Bank Feeds

    • 6 Month One – Compare Cash basis to Accrual Basis Using Bank Feeds

    • 410 Compare Cash to Accrual

  • 07

    Month Two – Upload Bank Transactions

    • 7 Month Two – Upload Bank Transactions

    • 415 Upload Bank Transactions

  • 08

    Month Two – Add Transactions from Bank Feeds

    • 8 Month Two – Add Transactions from Bank Feeds

    • 420 Add Insurance

    • 420 Add Expenses

    • 425 Add Payroll Checks

    • 430 Add Loan Payments

    • 430 Add Inventory

    • 435 Add Draw

    • 440 Invoice & Bank Feeds

    • 440 Receive Payments & Bank Feeds

    • 445 Sales Receipt & Bank Feeds

  • 09

    Month Two – Bank Reconciliation

    • 9 Month Two – Bank Reconciliation

    • 450 Bank Reconciliation

  • 10

    Month Two – Analyze Reports

    • 10 Month Two – Analyze Reports

    • 455 Reports After Second Month

  • 11

    Credit Card Bank Feeds

    • 11 Credit Card Bank Feeds

    • 460 Credit Card Bank Feeds Upload

    • 465 Add Credit Card Bank Feed Data

    • 470 Reconcile Credit Card

  • 12

    Bank Feed Rules

    • 12 Bank Feed Rules

    • 470 Upload Bank Transactions

    • 475 Bank Rules Deposit Same Customer Different Account

    • 480 Bank Rules Amount Limit

    • 485 Bank Rules Split Into Two Accounts

    • 490 Bank Rules One Vendor Two Expense Accounts

    • 495 Bank Rules More Rules & Techniques


This course will jump right into bank feeds and how to use them.

Most QuickBooks courses will spend a lot of time talking about how a full-service accounting system works using QuickBooks. We do recommend spending time learning the full accounting process, and we do have a course that does this.

However, many small businesses want to get right down to data input as fast as possible, and others already have a good understanding of the system and want to focus specifically on bank feeds.

This course will do just that.

For example, some small businesses may be perfectly happy using a cash basis system and will, therefore, not need some of the functions used in a full accounting cycle. Businesses that use a cash basis model can structure their data input to be much more heavily dependent on the bank and bank feed data.

We will discuss types of businesses that fit well into a cash basis model as we work through the practice problems. We will also discuss some problem areas many businesses have and how to set up a system that works.

This course will work through a practice problem and will provide test data that learners can use in their system to follow along if they choose.

One obstacle to learning bank feeds is access to a clean QuickBooks file to practice with. Here are some options you can use along with this course:

Intuit (the owner of QuickBooks) provides a free test drive available to anybody. You can find it by searching in your favorite browser (QuickBooks Test Drive).

Intuit often provides (almost always) a 30 day discount period. You can use the 30 days to practice by starting the 30-day trial, practicing with the data we provide in the course, and then canceling after the 30 days.

Intuit also provides discounts or a free version for students and educators.

Check with your accountant or CPA firm, and they may be able to provide a discount on QuickBooks Online

Robert (Bob) Steele CPA CGMA CPI MStax


Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele’s teaching philosophy is to make content applicable, understandable, and accessible.

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge.