QuickBooks Pro Desktop Bookkeeping With Bank Feeds 2021

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QuickBooks Pro Desktop Bookkeeping With Bank Feeds 2021
Duration: 7h39m | .MP4 1280x720, 30 fps(r) | AAC, 44100 Hz, 2ch | 3.11 GB
Genre: eLearning | Language: English
Learn how to setup and us bank feed for QuickBooks Desktop from a Certified Public Accountant (CPA)

What you'll learn
Options for using QuickBooks Desktop including a free 30 day trial version
How to setup bank feeds
How to navigate the bank feed center
How to connect to the bank or upload bank data to the QuickBooks Software
How to use bank feed data to construct financial statements & reports
How to match bank feed data to transactions in QuickBooks
Hot to use bank feeds for credit cards
How to use bank rules

Requirements
None
Description
We will discuss how bank feeds can fit into an accounting system, how to setup bank feeds, and how to construct financial statements using bank feed data.

We will import bank feed data into our QuickBooks system.

The course will add bank feed data to the financial statement, breaking the process out into cash increase transactions and cash decrease transactions.

Learners will understand how to generate bank rules to make the data input process faster as time passes, the first moth of data input often being the most difficult due to not having prior transactions to refer back to.

As we construct bank feed transactions we will consider the difference between a cash method and an accrual method, the difference between an accounting system that is created from the bank data and an accounting system that uses bank data to verify data input.

The course will cover how bank feed data can be matched to transactions such as invoices, sales receipt forms, receive payment forms, deposit forms, bills, and checks. The matching of bank feed data to data impute forms can help with the bank reconciliation process, as we match up what has been entered into QuickBooks with what has cleared the bank.

Who this course is for:
Business owners who are thinking of using QuickBooks Desktop
Bookkeepers
Accountants

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