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Reconciliation is how you confirm that your QuickBooks Online checking accounts, savings accounts, credit cards, and loan balances are correct. If you don’t reconcile correctly every month, your reports will be wrong. The problem is that most businesses reconcile the transactions that ARE on the statement, but ignore the ones that are not.
Even if you use the QuickBooks Online banking feed, it’s not a guarantee that your bank balances are correct. And when you have extra or missing transactions, your Profit and loss, and Balance Sheet are wrong!
That’s not Reconciling, that’s “reconciling,” and the result is that you may be paying your taxes wrong!
In this CPE QuickBooks Webinar, we will show you how to reconcile properly and discuss how to trick out the interface to finish in seconds instead of hours.
Moreover, we will equip you with the skills to identify errors in your accounting data by analyzing their appearance in the Reconciliation window. This approach allows you to use the reconciliation process as a troubleshooting tool to uncover issues such as duplicated entries, misclassified categories, transactions assigned to the wrong funding source, and discrepancies between receipt captures and the banking feed.
Key Topics discussed in this webinar:
Intuit Trainer/Writer Network, Elite-level QuickBooks ProAdvisor, Royalwise Solutions
Duration
Course Level
Instructional Method
Pre-requisites
Advance Preparation
MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
187 Ratings
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AT
Dec 22nd, 2023
The course was excellent, and I value the diverse range of topics it addressed. The speaker's pace and approach were impressive, making the learning experience enjoyable. I found great value in the course, and I believe it will be beneficial for numerous accounting professionals.
EH
Nov 25th, 2023
Wonderful explanation of the qbo reconciliation process, why its important, how often it should be completed and tips and tricks for issues along the way!
CK
Dec 27th, 2023
This course contains very good information about reconciling in QBO. The presenter is very easy to follow and understand.
HS
Jan 29th, 2024
myCPE is a good quality education platform, where we can get a all level of education and a trusted certificates.
NK
Mar 19th, 2024
It's great platform where everyone can enhance their knowledge with next level.
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