Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
4 Hour(s) 50 Minute(s)
Language
English
Taught by
Robert (Bob) Steele
Rating
3 views
Course Overview
Learn how to track both balance sheet and profit and loss activity for multiple companies & personal finances
This is a project-based course that will use the free trial version of QuickBooks Enterprise to track multiple business financial data as well as personal financial data in one QuickBooks Enterprise file. We will learn to generate and analyze both the balance sheet and income statement reports by class.
We will learn the difference between the QuickBooks Enterprise class tracking feature and the QuickBooks Pro class tracking feature.
The course will show how to turn on the class tracking feature in QuickBooks Enterprise.
Learners will enter financial data to the sales cycle, organizing the data using the class tracking feature. We will then generate and analyze profit and loss reports and balance sheet reports by class.
The course will demonstrate how to enter data related to the expenses and purchasing cycle, organizing the data using the class tracking feature. We will then generate and analyze profit and loss reports and balance sheet reports by class.
Learn how to track both balance sheet and profit and loss activity for multiple companies & personal finances
Learn how to track both balance sheet and profit and loss activity for multiple companies & personal finances
Learn how to track both balance sheet and profit and loss activity for multiple companies & personal finances
Course Content
- 4 section(s)
- 14 lecture(s)
- Section 1 Introduction
- Section 2 Sales Cycle
- Section 3 Expenses & Purchases Cycle
- Section 4 Inventory & Cost of Goods Sold (COGS)
What You’ll Learn
- How to download the free trial version of QuickBooks Enterprise and set up a new company file
- How the class tracking feature differs between QuickBooks Enterprise and QuickBooks Pro
- How to turn on the class tracking feature
- How to enter financial data related to the sales cycle for multiple businesses & personal data
- How to enter financial data related to the expense and purchases cycle for multiple businesses & personal data
- How to generate and organize a balance sheet report by class
- How to generate and organize a profit and loss report by class
Skills covered in this course
Reviews
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RRexford Kwame E. Ntumy
This course helped me build on my QuickBooks skills. The course was structured appropriately and explanations in this course were clear and easy to understand.
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AA.K.M.Safiqul Huq
tremedous
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TTshimologo Motsamai
very informative
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JJohn Salloum
Luckily, small business owners can separate their expenses by following a few simple steps. Register the Business. Obtain an Employee ID Number. Open a Business Bank Account. Get a Business Credit Card. One of the most efficient ways to separate your personal and business financials is through utilizing a reliable accounting software. Accounting software can help track your business income and expenses, monitor your financial transactions, and generate statements. These are all functions your business needs to keep organized and stay up to date. As an example, accounting software such as QuickBooks Online allows you to easily classify your incoming expenses as personal or business.
