• Post category:StudyBullet-5
  • Reading time:4 mins read


What you will 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

Description

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.


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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.

English
language

Content

Introduction

1100 Free Trial Version Download
1200 Two Businesses & Personal Bookkeeping in One QuickBooks File Using Classes
1205 Account Numbers & Default Class

Sales Cycle

1210 Revenue Using Cash Method & Classes
1215 Revenue – Invoicing & Classes
1220 Receive Payment & Make Deposit
1225 Sales Receipt & Classes

Expenses & Purchases Cycle

1230 Checks & Direct Expenses
1235 Checks & Personal Direct Expenses
1240 Expenses Needing Allocation
1245 Bills, Accounts Payable & Classes
1250 Two Accounts Payable Accounts

Inventory & Cost of Goods Sold (COGS)

1255 Inventory Tracking Overview
1260 Two Inventory & COGS Accounts