2 Bookkeeping Project Outline and Plan
FREE PREVIEWData Files and QuickBooks BackUp Files
FREE PREVIEWData Files
PDF - 20 Outline Of Standard Client
FREE PREVIEW20 Outline Of Standard Client
FREE PREVIEWPDF - 22 Outline Of Service We Provide
FREE PREVIEW22 Outline Of Service We Provide
FREE PREVIEWPDF - 23 Network With Other Professionals
FREE PREVIEW23 Network With Other Professionals
FREE PREVIEWPDF - 24 Bank Feeds
FREE PREVIEW24 Bank Feeds Option
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FREE PREVIEW4 Create New Company File & QuickBooks File
PDF - 30 Outline Sample Engagement
30 Outline Sample Engagement
60 New Company File
70 New Company File
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5 Enter Data From Bank Statement for Month One
80 Bank Statement Overview
82 Enter Deposits Plan
85 Enter Deposits From Bank Statement First Month
87 Entering Cash Outflows Strategy
88 Entering Cash Outflows Strategy Part 1
88 Entering Cash Outflows Part 2
90 Review Reports After Data Entry For First Month
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6 Bank Reconciliation For Month One
92 Bank Reconciliation Overview
94 Bank Reconciliation First Month
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7 Enter Data From Bank Statement for Month Two
100 Enter Deposits Second Month Setup Process
102 Enter Deposits From Bank Statement Second Month
104 Enter Cash Outflows From Bank Statement Second Month Part 1
104 Enter Cash Outflows From Bank Statement Second Month Part 2
108 Review Reports After Entering Data From Bank Statement For Second Month
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8 Bank Reconciliation For Month Two
110 Bank Reconciliation First Second
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9 Outline Bookkeeping Options and Questions
117 Adjust Open Items and Common Problems
115 Back Up QuickBooks File Copy QuickBooks File
116 Restore Backup File
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10 Payroll Options and Entry
PDF - 120 Payroll Options
120 Payroll Options
122 Categorize Payroll Payments
123 Turn On Manual Payroll
125 Add Employees
127 Process Payroll
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11 Equipment and Financing Options and Entry
PDF - 130 Equipment Financed Options
130 Equipment Financed Options
132 Equipment Financed Record Amount Paid
136 Equipment Financed Record Loan
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12 Loan Payments Options and Entry
PDF - 140 Loan Payment Options
140 Loan Payment Options
142 Enter Loan Balance Record Payments as Reduction To Loan Balance
143 Loan Amortization Interest vs Principal
146 Enter Loan Balance & Break Out Interest & Principal Portion Of Loan Payments
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13 Insurance Payments Options and Entry
PDF - 150 Insurance Options
150 Insurance Options
152 Enter All Insurance Payments As Insurance Expense & Let Accountant Adjust If Needed
154 Enter All Insurance Payments As Prepaid Insurance & Let Accountant Make Year End Adjustment
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14 Credit Card Options and Entry
PDF - 160 Credit Card Options
160 Credit Card Options
162 Enter Credit Card Payments To Credit Card Expense Account & Break Out Categories Expense Outs
164 Enter Credit Card Payments As They Clear Bank & Assign Expense Accounts Based On Credit Card
166 Enter Credit Card Liability & Apply Payments To The Liability Account
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15 Invoice and Accounts Receivable Options and Entry
PDF - 170 Invoicing and AR Options
170 Invoice & Accounts Receivable Options
172 Invoice Outside QuickBooks & Track Payments Manually Or In Excel
176 Enter Invoices Into The System & Track Accounts Receivable
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16 Adjust Remaining Outstanding Items Data Entry Questions
PDF - 180 Adjust Open Items
181 Adjust Open Items Simple Method
182 Adjust Open Items More Complex File
183 Net Income Reconciliation Between Method
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17 Creating & Formatting Month End Reports
PDF - 185 Month End Documents
185 Month End Documentation
187 Create Customer Backup File
187 Formatting Month End Documents PDF & Excel
188 Formatting, Presenting, & Delivering Reports to Clients
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18 Creating & Formatting Year End Reports
PDF - 190 Year End Documents
190 Year End Documentations
192 Year End Documentations
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19 Describing and Entering Adjusting Entries
PDF - 210 Adjusting Entry Options
210 Adjusting Entries Options
211 Adjusting Entries Worksheet
212 Payroll Adjusting Entries Simple Method
213 Payroll Adjusting Entries More Complex Method Q2
214 Equipment Adjusting Entries Simple Method
215 Equipment Adjusting Entries More Complex Method
217 Loan Payment Adjusting Entries Simple Method Q1
219 Insurance Adjusting Entries Simple Method Q1
220 Insurance Adjusting Entries More Complex Method Q3
221 Credit Card Adjusting Entries Simple Method Q1
223 Compare Completed Trial Balance Under Both Methods
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20 Options for Recording Adjusting Entries in QuickBooks
PDF - 240 Adjusting Entry Options
240 Options For Entering Adjusting Entries To QuickBooks
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$49.99
QuickBooks bookkeeping business designed for bookkeepers focusing on small busness clients.
This course is designed for bookkeepers and is also useful for small business owners who want a simple system for entering financial data into QuickBooks for financial planning and year-end tax preparation.
The bookkeeping system we discuss will also describe the relationship between the bookkeeper, the business, and the year-end tax and financial statement preparers.
We will outline a cash basis bookkeeping system using QuickBooks, a system that will enter most transactions directly into the check register.
The course will discuss the responsibilities of a bookkeeper and the responsibilities of the business when a bookkeeping engagement in entered into.
We will work through a sample bookkeeping project in QuickBooks including the setting up of a new QuickBooks company file.
The course will practice entering data into the QuickBooks register directly from a bank statement. We will provide practice bank statements to use with the project as well as step by step instructional videos.
As we enter data directly into the check register from the bank statement, we will compare and contrast the cash basis system we are using to a full accounting cycle system. We will also review the financial statements periodically to see how QuickBooks is using the data to make reports.
After entering data into the QuickBooks check register from the bank statement, we will perform bank reconciliations. As we perform bank reconciliations, we will discuss what a bank reconciliation is and the benefits a bank reconciliation provides.
The course will then discuss options for entering specific accounting data into QuickBooks including payroll, equipment, loan payments, insurance, credit card payments, and invoices. We will provide practice QuickBooks files for different options related to the items listed above and explore the pros and cons of each option. The bookkeeping options will help tailor our system to our specific bookkeeping needs.
As we enter accounting data into the system we will discuss common questions we will have when entering the first few months of data and how to write down these questions, move forward with data input, and organize the financial data so that we can quickly go back to it once our client questions are answered.
This course will discuss, print, and export month end and year end reports, reports a bookkeeper may provide to clients monthly and reports the business will need at year-end for tax preparation.
We will discuss year-end adjusting entries. The bookkeeping system we propose will depend on an outside accounting firm, tax preparer, or CPA firm to help with the year-end adjusting entries. As bookkeepers we want to be aware of the adjusting entry process so we can work with any year-end accounting firm, tax preparer, or CPA firm. We will enter common adjusting entries into an adjusting entry Excel worksheet and into Quickbooks.
The course will then compare and contrast our different bookkeeping methods and show how those different bookkeeping decisions reconcile to the same numbers after the adjusting entry process.
Finally, we will discuss whether or not to enter the year-end adjusting entries into our QuickBooks bookkeeping system and different options to do so.
In addition to the instructional videos, this course will include downloadable
• QuickBooks Backup files
• Excel practice files
• Downloadable PDF Files
The QuickBooks backup files are a great tool that allows us to jump ahead in the material or to rework material if we choose.
Excel practice files will be preformatted and will generally have at least two tabs, one tab with the completed work and a second tab with a preformatted worksheet we can fill in as we watch the instructional videos.
Instructor
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.
