CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

QBO: Build Right Chart of Accounts - Base for Accounting and Reading Financial Statement

4.3 (4)

Alicia Katz Pollock, MAT,ACN,MOS

Royalwise Solutions

Wednesday, August 12, 2020 | 09:00 AM EDT

  • CPA Canada
  • CPA/CITP
  • CMA
  • CPA
  • CVA
  • Tax Preparer

2.5 Credits

$20

Subject Area

Accounting

Webinar Qualifies For

2.5 CPE credit of Accounting for all CPAs

2.5 CPD credit (Verifiable) for Canadian CPAs

2.5 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Course Description

The QuickBooks Chart of Accounts structures your business according to accounting principles. Your general ledger includes assets, liabilities, equity, income, and expenses. Take this class to learn bookkeeping terms like Accounts Receivable and Accounts Payable. By the end of this course, you’ll know how to read a Balance Sheet and a Profit and Loss report, as well as how to structure your Chart of Accounts so it supports your unique business workflow.

Your Chart of Accounts is the backbone of your business. It has two functions: outlining what the IRS wants to see for taxes and allowing you to generate your P&L and Balance Sheet reports. There are industry-standard accounts you need, but you also have the flexibility to create accounts that reflect your unique circumstances. It’s impossible to start using QuickBooks® without customizing your Chart of Accounts. This class will explain the fundamentals.

Learning Objectives

  • The function of the Chart of Accounts
  • Creating new accounts and editing existing accounts
  • Equity accounts
  • Liability accounts
  • Asset & Bank accounts

Who Should Attend?

  • Accountant
  • Accounting Managers
  • Bookkeeper
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Senior Accountant
  • Tax Accountant (Industry)
  • Young CPA

Testimonial

Array
(
    [no_of_record] => 4
    [average] => 4.2500
)
 

4.3

(4)
25%
75%
0%
0%
0%

ED

She gave a lot of Great Info With Quick Books and Scheduling And Budget Planning and How Many you can do at one time