QuickBooks 2021 Desktop: Beginner-Advanced Masterclass

Use the easy step interview to set up your QuickBooks company file with advanced setup. Input company name, tax id (optional), address, industry, and fiscal year to customize the file.

Explore QuickBooks preferences to tailor company options, including enabling account numbers, class tracking, and closing the books, while organizing open windows and adjusting general and checks settings.

Explore how to customize the QuickBooks environment by configuring preferences for jobs, estimates, payments, reminders, payroll, and time and expenses to tailor your workflow.

Set up the chart of accounts in QuickBooks to classify transactions, manage bank accounts, assets, and liabilities, and ensure accurate reports through proper accounts payable and receivable.

Explore QuickBooks 2021 sample files to view real chart of accounts, including bank, accounts receivable, accounts payable, and expense categories, for both product and service based businesses.

Explore the new company file search feature in QuickBooks 2021 Desktop, introduced in 2020, to locate last opened files, search local drives and networks, and open or restore portable files.

Learn to create estimates for a specific customer and job in QuickBooks Desktop, enable estimates in preferences, add items with quantities, templates, and markups, then review totals before invoicing.

Turn estimates into invoices by pulling a percentage or full amount for a chosen customer and job, using the Rockcastle template and managing terms, dates, and history.

Master how to convert estimates into invoices, print or email batches, attach files, and add time costs in QuickBooks 2021 Desktop, with formatting and shipping options.

Learn how to create credit memos in QuickBooks 2021 Desktop, apply them to invoices or issue refunds, and adjust inventory and sales tax accordingly.

Create customer statements in QuickBooks by selecting the statement date (end of month) and period, choosing recipients, and previewing invoices, payments, and balances due with a customizable template.

Explore the income tracker to view customers and their transactions in a grid, filter open invoices or estimates, and quickly receive payments within QuickBooks.

Set up and manage vendors in QuickBooks desktop, including vendor lists, transactions, and notes. Merge duplicates and edit vendor details to streamline accounts payable.

Enter vendor credits as credit memos and apply them to bills. Use the pay bills window to set credits that match the original utilities expense.

Create and manage item groups in cookbook's to prepopulate invoices with linked items. Apply discounts and payments, set up sales tax groups, and review reports for accurate inventory management.

Learn how to create purchase orders in QuickBooks, track vendors and items, handle non posting until receipts arrive, and record item receipts to update inventory.

Receive items into inventory by creating an item receipt against open purchase orders, select the correct purchase order, enter the received date, and update on-hand quantities before bills arrive.

Learn how to manually adjust inventory in QuickBooks 2021 desktop by updating quantities, setting an adjustment date, and using an inventory adjustments account as cost of goods sold.

Link your QuickBooks checking account to your bank and enable the bank feeds center in advanced mode to download transactions in the 2021 desktop version.

Learn to enter checks in QuickBooks Desktop, selecting bank account, date, and vendor. Split between expenses and items, use memo and check number, and print checks with related reports.

Learn to perform bank transfers in QuickBooks 2021 desktop by using the banking menu to transfer funds between accounts, set date and memo, and verify in the check register.

Master reconciling bank accounts and credit cards in QuickBooks. Match deposits and checks to the bank statement, and avoid unchecking reconciled items.

Enter and allocate loan payments in QuickBooks 2021 Desktop using the write checks window, splitting each payment into principal and interest, and tracking the impact on the loan balance.

Use QuickBooks 2021 desktop's loan manager to set up a loan in the chart of accounts, enter lender details and terms, and post principal and interest payments to the register.

Learn to enter credit card charges in QuickBooks Desktop 2021 by selecting the correct card, marking purchases or refunds, and splitting amounts between expenses and items, including vendor and date.

Master reconciling credit card statements in QuickBooks 2021 desktop by matching balances, identifying discrepancies, and processing payments and credits with reconciliation reports.

Explore how QuickBooks forms— invoices, credit memos, and purchase orders—are customized through templates, including logo placement, column order, and template management from the templates list.

Learn how to customize invoice forms in QuickBooks by creating and editing templates, adding logos and color schemes, adjusting header and column fields, and managing print vs screen options.

Explore how the QuickBooks layout designer fixes template issues by aligning logos and fields, adjusting margins and grids, and applying fonts, borders, and backgrounds to print-ready invoices.