Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
16 Hour(s) 5 Minute(s)
Language
English
Taught by
Robert (Bob) Steele
Rating
3 views
Course Overview
Compare leading online software packages with a practicing Certified Public Accountant (CPA)
This course will compare two leading online accounting software applications, QuickBooks Online and Xero, in a step by step format.
This is a comprehensive accounting course.
We will discuss the purchasing options and the best tools to learn these accounting software packages at the lowest cost.
Learners will understand how to set up a new company file in each software package.
The course will demonstrate how to navigate each software package and how to generate, analyze, and customize common financial reports.
We will learn how to create inventory and service items and how they are used to create invoices, purchase orders, and sales receipts.
The course will show how to enter two months of data in a step by step process, comparing the two accounting software packages at every level along the way.
The course will demonstrate how to complete bank reconciliations and enter adjusting and reversing entries.
We will also learn how bank feeds work. Bank feeds are the ability to connect directly to the bank and download financial information into the accounting software.
The course will provide practice data to learn how bank feeds work. Learners will also understand how to make bank rules to automate the bookkeeping process further.
Course Content
- 95 section(s)
- 643 lecture(s)
- Section 1 QBO- Getting Started
- Section 2 Xero-2023-2022 Getting Started and Set Up
- Section 3 QBO- Vendor, Accounts Payable, Expenses, or Purchases Cycle
- Section 4 Xero-2023-2022 Vendor, Accounts Payable, Expenses, or Purchases Cycle
- Section 5 QBO Customer Cycle, Sales Cycle, or Accounts Receivable Cycle
- Section 6 Xero-2023-2022 Customer Cycle , Sales Cycle, or Accounts Receivable Cycle
- Section 7 QBO Other Important Forms & Functions, Shortcuts, & Employee Cycle
- Section 8 Xero-2023 Employee Cycle Overview
- Section 9 QBO Lists-Chart of Accounts & Products & Services Lists
- Section 10 Xero-2023 Lists-Chart of Accounts & Products & Services Lists
- Section 11 QBO Help/Support & Reports Overview
- Section 12 Xero-2023 Reports Overview
- Section 13 QBO Balance Sheet Reports
- Section 14 Xero-2023 Balance Sheet Reports
- Section 15 QBO-2023 Profit & Loss / Income Statement
- Section 16 Xero-2023 Profit & Loss / Income Statement
- Section 17 QBO-2023 Statement of Cash Flows & Supplemental Reports
- Section 18 Xero-2023 Statement of Cash Flows & Supplemental Reports
- Section 19 QBO-2023 Start a New Company File
- Section 20 Xero-2023 Start a New Company File
- Section 21 QBO-2023 Company Preferences
- Section 22 Xero-2023 Company Preferences & Settings
- Section 23 QBO-2023 Adding Service Items & Inventory Items
- Section 24 Xero-2023 Adding Service Items & Inventory Items
- Section 25 QBO-2023 Sales Tax Setup, Add Customers, & Add Vendors
- Section 26 Xero-2023 Sales Tax Setup, Add Customers, & Add Vendors
- Section 27 QBO-2023 Opening Balances, Adjustments to Equity, & Manual Payroll Setup
- Section 28 Xero-2023 Opening Balances, Adjustments to Equity, & Manual Payroll Setup
- Section 29 QBO-2023 Month 1-Record Short-Term Investment & Purchase of Fixed Asset for Cash
- Section 30 Xero-2023 Month 1-Record Short-Term Investment & Purchase of Fixed Asset
- Section 31 QBO-2023 Month 1-Enter Purchase Order & enter check or Expense Form from P.O.
- Section 32 Xero-2023 Month 1-Enter Purchase Order & enter check or Expense Form from P.O.
- Section 33 QBO-2023 Month 1-Enter Invoice, Sales Receipt, & Deposit
- Section 34 Xero-2023 Month 1-Enter Invoice, Sales Receipt, & Deposit
- Section 35 QBO-2023 Month 1-Enter Invoice, Receive Payment, & Bill
- Section 36 Xero-2023 Month 1-Enter Invoice, Receive Payment, & Bill
- Section 37 QBO-2023-Month 1-Create Customer Job, Pay Employees, & Create Sales Receipt
- Section 38 Xero-2023-Month 1-Create Customer Job, Pay Employees, & Create Sales Receipt
- Section 39 QBO-2023-Month 1 Reports
- Section 40 Xero-2023-Month 1 Reports
- Section 41 QBO-2023 Month 2-Enter Loan Payments, Create Amortization Tables, & Investments
- Section 42 Xero-2023 Month 2-Enter Loan Payments, Create Amortization Tables, & Investments
- Section 43 QBO-2023 Month 2-Enter Purchase Order, Sales Receipt, & Bill for Inventory
- Section 44 Xero-2023 Month 2-Enter Purchase Order, Sales Receipt, & Bill for Inventory
- Section 45 QBO-2023 Month 2-Invoice from Billable Item, Advanced Customer Deposit
- Section 46 Xero-2023 Month 2-Invoice from Billable Item, Advanced Customer Deposit
- Section 47 QBO-2023 Month 2-Invoicing for Hourly Service
- Section 48 Xero-2023 Month 2-Invoicing for Hourly Service
- Section 49 QBO-2023 Month 2-Invoicing for Rental Income with Advanced Customer Deposit
- Section 50 Xero-2023 Month 2-Invoicing for Rental Income with Advanced Customer Deposit
- Section 51 QBO-2023 Month 2-Purchase & Finance Equipment & Recategorize Fixed Assets
- Section 52 Xero-2023 Month 2-Purchase & Finance Equipment & Recategorize Fixed Assets
- Section 53 QBO-2023 Month 2-Enter & Pay Month End Bills & Pay Sales Tax
- Section 54 Xero-2023 Month 2-Enter & Pay Month End Bills & Pay Sales Tax
- Section 55 QBO-2023 Month 2-Enter Payroll & Pay Payroll Tax for Prior Period
- Section 56 Xero-2023 Month 2-Enter Payroll & Pay Payroll Tax for Prior Period
- Section 57 QBO-2023 Month 2-Generate Month End Reports & Review Work
- Section 58 Xero-2023 Month 2-Generate Month End Reports & Review Work
- Section 59 QBO-2023 Bank Reconciliations
- Section 60 Xero-2023 Bank Reconciliations
- Section 61 QBO-2023 Adjusting & Reversing Entries
- Section 62 Xero-2023 Adjusting & Reversing Entries
- Section 63 QBO-2023 Budgeting
- Section 64 Xero - 2023 Budgeting
- Section 65 QBO-2023 Bank Feeds
- Section 66 Getting Started - Getting Setup
- Section 67 Customer Cycle , Cycle, or Accounts Receivable Cycle
- Section 68 Vendor Cycle, Purchases Cycle, or Sales Cycle
- Section 69 Employee Cycle and Other Core Features
- Section 70 Balance Sheet Reports
- Section 71 Profit and Loss or Income Statement Reports
- Section 72 Statement of Cash flows & Other Common Reports
- Section 73 Course Project Start - Set Up New Company File, Preferences, & Users
- Section 74 Set Up Service & Inventory Items & Enter Inventory Beginning Balance
- Section 75 Add Customers & Vendors - Enter AR and AP Beginning Balances
- Section 76 Add Accounts & Beginning Balances, Checking, Credit Card, Notes Payable, Equip.
- Section 77 Adjust Equity, Payroll Options, & Reports
- Section 78 Deposits from Owner & Loan, Purchase Furniture, Sales Tax Set Up
- Section 79 Month 1 - Purchase Orders & Invoices
- Section 80 Month 1 - Receive Payments Forms
- Section 81 Month 1 - Sales Receipt & Deposit
- Section 82 Month 1 - Receive Inventory & Link Expense Form to Purchase Order
- Section 83 Month 1 - Create Invoice From Linked Billable Expense & Make Deposit
- Section 84 Month 1 – Enter Checks & Expenses & Pay Bills
- Section 85 Month 1 – Customer Jobs & Sub Customers, Projects, & Payroll
- Section 86 Month 1 – Reports & Review of Data Input
- Section 87 Month 2 - Loan Payments & Short Term Investment Sale
- Section 88 Month 2–Purchase Order, Enter Bill for Inventory, Sales Receipt, & Deposit
- Section 89 Month 2 – Advanced Payments & Apply Credit to Invoice
- Section 90 Month 2 – Enter Bills, Pay Bills, Customer Payment, Pay Sales & Payroll Tax
- Section 91 Month 2 – New Service Items to Invoice, Finance Equipment, & Payroll
- Section 92 Month 2 – Month End Reports
- Section 93 Bank Reconciliations
- Section 94 Month End Adjusting Entries & Reversing Entries
- Section 95 Bank Feeds
What You’ll Learn
- Set up QuickBooks Online & Xero accounting software, Navigate QuickBooks Online & Xero accounting software, Enter normal business transaction into accounting software, Reconcile bank accounts using accounting software, Generate and analyze reports including a balance sheet, an income statement, and supporting reports, Export Reports to Excel
Skills covered in this course
Reviews
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NNamrata Bagaria
yes it was a very good match to me.here I can know which site is suitable for us as per our experience and work areas
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UUdemy User
repitating same thing so many times.
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AAnupam Garg
Till now deep understanding of the software is provided . Glad to have this course .
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IIbrahima Kalil Keita
Good
