QuickBooks Online Multiple Currencies

Learn to record transactions using multiple currencies from a certified public accountant (CPA)

Buy $15.00

Course curriculum

1. 1302 Free 30-Day Trial Multiple Currencies
2. 1305 Multiple Currencies Overview
3. 1310 Multiple Currencies Cash, Accounts Receivable, & Accounts Payable
1. 1315 Multiple Currencies Invoice & Accounts Receivable
2. 1320 Multiple Currencies Foreign Currency Accounts Receivable Adjusting Entry
3. 1325 Multiple Currencies Receive Payment & Make Deposit Excel
1. 1340 Multiple Currencies Purchase Equipment On Account Excel
2. 1345 Multiple Currencies Purchase Equipment On Account QB
3. 1350 Multiple Currencies Adjusting Entry Loan Payable
4. 1355 Multiple Currencies Transfer Money to Foreign Currency
5. 1360 Multiple Currencies Pay Foreign Loan Payable
1. 1370 Multiple Currencies Purchase Inventory On Account
2. 1375 Multiple Currencies Accounts Payable Adjusting Entry
3. 1380 Multiple Currencies Foreign Currency Transfer
4. 1385 Multiple Currencies Accounts Payable Reversing Entry
5. 1390 Multiple Currencies Accounts Payable Payment
1. 1400 Setup Free 30-Day Trial Practice Multiple Currencies
2. 1402 Forward Contract for Speculation that Foreign Currency will Strengthen Overview
3. 1405 Forward Contract for Speculation that Foreign Currency will Strengthen Initial Transaction
4. 1410 Forward Contract for Speculation that Foreign Currency will Strengthen Adjusting Entry
5. 1415 Forward Contract for Speculation that Foreign Currency will Strengthen Maturity Date Transactio
6. 1420 Forward Contract for Speculation that Foreign Currency will Strengthen Maturity Date Transactio
7. 1425 Forward Contract for Speculation that Foreign Currency will Strengthen Reversing Entry
1. 1447 Free 30 Trial Setup-Forward Contract for Speculation that Foreign Currency will Weaken
2. 1450 Forward Contract for Speculation that Foreign Currency will Weaken Overview
3. 1455 Forward Contract for Speculation that Foreign Currency will Weaken Initial Transaction Excel
4. 1460 Forward Contract for Speculation that Foreign Currency will Weaken Initial Transaction QB
5. 1465 Forward Contract for Speculation that Foreign Currency will Weaken Adjusting Entry
6. 1470 Forward Contract for Speculation that Foreign Currency will Weaken Maturity Transactions Excel
7. 1472 Forward Contract for Speculation that Foreign Currency will Weaken Maturity Transactions QuickB
8. 1475 Forward Contract for Speculation that Foreign Currency will Weaken Maturity Transactions QuickB
9. 1480 Forward Contract for Speculation that Foreign Currency will Weaken Revesing Entry
1. 1483 Free 30 Day Trial Multiple Currencies Problem 4
2. 1485 Multiple Currencies Problem 4 Overview
3. 1490 Multiple Currencies Problem 4 Purchase Fixed Asset On Account Foreign Currency
4. 1495 Multiple Currencies Problem 4 Forward Contract Initial Transaction
5. 1500 Multiple Currencies Problem 4 Adjusting Entry Accounts Payable Foreign Currency
6. 1505 Multiple Currencies Problem 4 Adjusting Entry Forward Contract Receivable
7. 1510 Multiple Currencies Problem 4 Foreign Payable & Forward Contract Maturity Transactions Excel
8. 1515 Multiple Currencies Problem 4 Forward Contract Maturity Transactions
9. 1520 Multiple Currencies Problem 4 Foreign Currency Accounts Payable Maturity Transactions
10. 1525 Multiple Currencies Problem 4 Foreign Currency Reversing Entries

About this course

$15.00
42 lessons
9 hours of video content

Description

Learn how to get access to QuickBooks Online including a possible free 30-day trial version often offered by Intuit, the owner of QuickBooks.

The course will discuss accounting for multiple currencies, outlining the process in Excel to provide a more transparent look at the process. Then entering the transactions into QuickBooks, the software automating some of the steps required.

We will learn how to turn multicurrency on and which accounts will be affected most by multicurrency transactions including cash account types, accounts receivable account types, and accounts payable account types.

Learners will work example problems related to the sales cycles and the purchases cycle, the sales cycle including foreign currency receivables, the purchases cycle including foreign currency payables.

We will also demonstrate transactions related to forward contracts, both for speculative purposes and to medicate risk on foreign currency transactions.