
Explore how personal and family finances mirror business bookkeeping, from the general ledger and chart of accounts to trial balance, profit and loss, and balance sheet, using QuickBooks Online.
Learn to sign up for a free QuickBooks Online account using the plus or accountants edition, follow signup steps, and cancel before the 30-day trial.
Navigate QuickBooks Online's mandatory setup questions to reach the dashboard quickly, using skips and later adjusting settings in the account window.
Navigate QuickBooks Online interface using left panel for reports, customers, and vendors. Use cogwheel and plus for setup and transactions, and update account settings with your name and address.
Record cheques and expenses in QuickBooks by selecting check or expense, entering date, payee, amount, and transportation or entertainment expense, then review the trial balance and reports.
Explore QuickBooks Online's deposit and expense windows, which share fields with the register and are opened via the plus sign; double-clicking a report reopens the transaction in its original window.
Learn how to manage cash on hand like a bank account by recording wallet deposits and wallet expenses in QuickBooks online, including receipts and chart of accounts details.
Record asset sales by adding gain on sale of assets and loss on sale of assets (other income/expense), then deposit the net and wipe the asset balance to zero.
Learn to record lending money to a friend in QuickBooks Online for home finances by creating a receivable from Danny as a current asset and tracking repayments.
Explore installment loans and long-term debt, and learn how to use amortization tables in QuickBooks to track interest expense and principal reduction within chart of accounts, deposits, and trial balance.
Delve into the advanced section of QuickBooks Online for trusts and estates, focusing on core ideas and how to apply them, even as trial balance numbers may differ.
Learn to record annual tax refunds in QuickBooks Online for home finances, adjust income tax expense for prior-year refunds, and post the actual refund when received.
Calculate your personal net worth by subtracting liabilities from assets on a balance sheet, and rename equity accounts in QuickBooks online to reflect original net worth and retained earnings.
Learn to add unrecorded assets and liabilities in QuickBooks using adjusting journal entries to reflect an accurate balance sheet and true net worth.
Complete the home finance practical final project in QuickBooks Online using the downloadable Excel file with setup details, transactions, journals, and reports, then compare results to the instructor’s numbers.
This amazing new course is going to help millions of people, and their families, manage their personal non-business finances. It’s incredible!! It’s the most fun you will ever have learning QuickBooks Online.
You can start as an absolute beginner to QuickBooks and accounting and finish as an expert in both; all while enjoying the entertaining and engaging lessons that make you an expert in managing your personal financial records and reports. In fact, these simple but effective techniques also apply to keeping records of a small simple types of companies that are very common and need only the QuickBooks Online features that we will show here. So you will also be a QuickBooks online expert and have an additional job skill.
Personal financial management knowledge is so helpful, you will even be able to keep financial records of a trust fund if you are ever the executor of a trust. And most importantly, anyone who is responsible for keeping records of a loved one’s estate (for someone who has passed on), will be able to meet all legal record keeping requirements as the executor of an estate or even the bookkeeper working for the executor. This makes you a very valuable person after learning the knowledge and skills from this course.
These very special lessons are designed to be as easy as a kids show. I’ll fist discuss how you can possibly get the software for free so you can follow along with us, step-by-step to make learning and understanding as easy as enjoying your favorite channel.
It’s the step-by-step follow along that you see here, that will guarantee you the clearest possible explanation for every possible topic anyone could need to manage the financial records and reports of a family, estate or trust fund.
You will be amazed at how much more control you have over everything when you see the very robust and enlightening QuickBooks reports, showing you everything you did and what the results are. You will be bale to make better financial decisions once you use QuickBooks online to get everything under control.
The topics we will learn include…..
Overview Of Basic Accounting And Bookkeeping
How To Sign Up For Free To Follow Along Step-By-Step
How To Navigate The QuickBooks Online Interface
Setting Up A QuickBooks Online Account For Home, Personal, Family, Non-Business Use
How To Manage QuickBooks Online Reports
How To Manage Names List Of Customers And Vendors
How To Manage The Chart Of Accounts Of An Individual Or Family
How To Record Bank Deposits From Personal Income Sources
How To Record Paying Job-Related Expenses And Personal Non-Business Expenses
How To Use The Register Window
How To Manage Personal Credit Card Transactions
Saving Documents And Files Aling With Transactions
Cash Management And Record Keeping
Using the Budget Feature To Stay On A Family Budget
Recording Asset Purchases And Sales With Gains And Losses
Record Instalment Loan Payments Such As Mortgages And Car Loans
A new bonus section to this revolutionary new course, …
Set Up And Use The “Recurring Transactions” Feature In QuickBooks Online
How To Make Personal Financial Statements
How To Asses Net Worth Of A Person, Estate Or Trust
How To Record Taxable And Non-Taxable Income
How To Record Non-Business Asset Purchases And Sales
How To Record Salary, Wages, Tax Expenses Regarding Withholdings And W-2 Adjustments
How To Recording Retirement Fund Transactions
And Many More!!
You can contact me immediately if you have any questions or need any course related support. I always get back to my students immediately because I want your learning experience to be easy and fun. I know you will learn important things very well and I’m sure you will enjoy the course!
-Mark