Introduction
Welcome
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Before watching this course
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Using the exercise files
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1. Importing Data from Another Accounting Program
Before you convert your existing records...
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Convert data into QuickBooks
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Clean up your converted file
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2. Starting from Scratch
Create a company file in QuickBooks
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Add accounts and subaccounts to your chart of accounts
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Make accounts inactive
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Set up customers and vendors
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Create products and services
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3. Defining Account Opening Balances
Open balance information based on your start date
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Open balance info for special cases
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Record account opening balances with a journal entry
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4. Recording Open Transactions
Record uncleared bank transactions
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Enter unpaid bills for accounts payable
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Record open invoices for accounts receivable
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Enter open nonposting transactions
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5. Adjusting Accounts
Adjust the sales tax payable balance in QuickBooks
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Adjust inventory quantity and value
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6. Wrapping Up Your Company File Setup
Verify your company file's trial balance
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Close opening balance equity to retained earnings
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Set your company file's closing date
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Create additional users in a company file
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Ex_Files_QB_Company_File.zip
(72 KB)
Glossary_QuickBooks_Setting_Up_a_Company_File_In_Depth.zip
(102 KB)