QuickBooks Enterprise 2020- Two Businesses & Personal in One
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
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.
Who this course is for:
- Accounting Students
- Accounting Professionals
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.
In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible.
Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.
Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.
Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.
Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.
The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.
Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy.