QuickBooks Online – Bank Feeds & Credit Card Feeds

QuickBooks Online – Bank Feeds & Credit Card Feeds, available at $59.99, has an average rating of 4.35, with 53 lectures, based on 58 reviews, and has 21596 subscribers.

You will learn about How to set up bank feeds for both bank accounts and credit card accounts How to set up QuickBooks Online and get up and running How to add transactions and assign proper general ledger accounts to them How to do bank reconciliations Understand the difference between a bank reconciliation when using a cash basis and accrual basis Generate reports and analyze reports after data has been entered using bank feeds Record transactions from two accounts that use bank feeds like a credit card account and a bank account How to create different kinds of bank feed rules to make data input even faster This course is ideal for individuals who are Business owners who want an easy system to track data or Bookkeepers who want to understand how bank feeds work or Students who want to apply theory to practical accounting software It is particularly useful for Business owners who want an easy system to track data or Bookkeepers who want to understand how bank feeds work or Students who want to apply theory to practical accounting software.

Enroll now: QuickBooks Online – Bank Feeds & Credit Card Feeds

Summary

Title: QuickBooks Online – Bank Feeds & Credit Card Feeds

Price: $59.99

Average Rating: 4.35

Number of Lectures: 53

Number of Published Lectures: 53

Number of Curriculum Items: 53

Number of Published Curriculum Objects: 53

Original Price: $89.99

Quality Status: approved

Status: Live

What You Will Learn

How to set up bank feeds for both bank accounts and credit card accounts
How to set up QuickBooks Online and get up and running
How to add transactions and assign proper general ledger accounts to them
How to do bank reconciliations
Understand the difference between a bank reconciliation when using a cash basis and accrual basis
Generate reports and analyze reports after data has been entered using bank feeds
Record transactions from two accounts that use bank feeds like a credit card account and a bank account
How to create different kinds of bank feed rules to make data input even faster

Who Should Attend

Business owners who want an easy system to track data
Bookkeepers who want to understand how bank feeds work
Students who want to apply theory to practical accounting software

Target Audiences

Business owners who want an easy system to track data
Bookkeepers who want to understand how bank feeds work
Students who want to apply theory to practical accounting software

This course will jump right into bank feeds and how to use them.

Most QuickBooks courses will spend a lot of time talking about how a full-service accounting system works using QuickBooks. We do recommend spending time learning the full accounting process, and we do have a course that does this.

However, many small businesses want to get right down to data input as fast as possible, and others already have a good understanding of the system and want to focus specifically on bank feeds.

This course will do just that.

For example, some small businesses may be perfectly happy using a cash basis system and will, therefore, not need some of the functions used in a full accounting cycle. Businesses that use a cash basis model can structure their data input to be much more heavily dependent on the bank and bank feed data.

We will discuss types of businesses that fit well into a cash basis model as we work through the practice problems. We will also discuss some problem areas many businesses have and how to set up a system that works.

This course will work through a practice problem and will provide test data that learners can use in their system to follow along if they choose.

One obstacle to learning bank feeds is access to a clean QuickBooks file to practice with. Here are some options you can use along with this course:

Intuit (the owner of QuickBooks) provides a free test drive available to anybody. You can find it by searching in your favorite browser (QuickBooks Test Drive).

Intuit often provides (almost always) a 30 day discount period. You can use the 30 days to practice by starting the 30-day trial, practicing with the data we provide in the course, and then canceling after the 30 days.

Intuit also provides discounts or a free version for students and educators.

Check with your accountant or CPA firm, and they may be able to provide a discount on QuickBooks Online

Course Curriculum

Chapter 1: Introduction

Lecture 1: Overview

Lecture 2: Documents To Download

Lecture 3: 315 How Do Bank Feeds Fit Into My Accounting System

Chapter 2: Getting Set Up

Lecture 1: 2 Getting Set Up

Lecture 2: .05 Recommendations For Success

Lecture 3: .10 Purchase With 30 Day Trial

Lecture 4: 320 Project Outline

Chapter 3: Month One – Set up Bank Feeds

Lecture 1: 3 Month One – Set up Bank Feeds

Lecture 2: 325 Set Up Bank Feeds

Lecture 3: 360 Download Transactions From Bank

Lecture 4: 365 Import Bank Data

Chapter 4: Month One – Add Transactions from Bank Feeds

Lecture 1: 4 Add Transactions from Bank Feeds

Lecture 2: 370 Add Expense transactions

Lecture 3: 375 Add Capital Expenditures

Lecture 4: 380 Add Inventory Purchase

Lecture 5: 385 Add Amount Paid for Investment

Lecture 6: 390 Add Owner Withdraws

Lecture 7: 395 Add Bank Service Charge

Lecture 8: 395 Add Customer Deposits

Lecture 9: 400 Sales Tax

Lecture 10: 405 1 Deposit Owner

Lecture 11: 405 Deposit Loan

Chapter 5: Month One – Bank Reconciliation

Lecture 1: 5 Month One – Bank Reconciliation

Lecture 2: 407 Bank Reconciliation

Chapter 6: Month One – Compare Cash basis to Accrual Basis Using Bank Feeds

Lecture 1: 6 Month One – Compare Cash basis to Accrual Basis Using Bank Feeds

Lecture 2: 410 Compare Cash to Accrual

Chapter 7: Month Two – Upload Bank Transactions

Lecture 1: 7 Month Two – Upload Bank Transactions

Lecture 2: 415 Upload Bank Transactions

Chapter 8: Month Two – Add Transactions from Bank Feeds

Lecture 1: 8 Month Two – Add Transactions from Bank Feeds

Lecture 2: 420 Add Expenses

Lecture 3: 420 Add Insurance

Lecture 4: 425 Add Payroll Checks

Lecture 5: 430 Add Inventory

Lecture 6: 430 Add Loan Payments

Lecture 7: 435 Add Draw

Lecture 8: 440 Invoice & Bank Feeds

Lecture 9: 440 Receive Payments & Bank Feeds

Lecture 10: 445 Sales Receipt & Bank Feeds

Chapter 9: Month Two – Bank Reconciliation

Lecture 1: 9 Month Two – Bank Reconciliation

Lecture 2: 450 Bank Reconciliation

Chapter 10: Month Two – Analyze Reports

Lecture 1: 10 Month Two – Analyze Reports

Lecture 2: 455 Reports After Second Month

Chapter 11: Credit Card Bank Feeds

Lecture 1: 11 Credit Card Bank Feeds

Lecture 2: 460 Credit Card Bank Feeds Upload

Lecture 3: 465 Add Credit Card Bank Feed Data

Lecture 4: 470 Reconcile Credit Card

Chapter 12: Bank Feed Rules

Lecture 1: 12 Bank Feed Rules

Lecture 2: 470 Upload Bank Transactions

Lecture 3: 475 Bank Rules Deposit Same Customer Different Account

Lecture 4: 480 Bank Rules Amount Limit

Lecture 5: 485 Bank Rules Split Into Two Accounts

Lecture 6: 490 Bank Rules One Vendor Two Expense Accounts

Lecture 7: 495 Bank Rules More Rules & Techniques

Instructors

Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI
Jane Clark

Rating Distribution

1 stars: 1 votes
2 stars: 1 votes
3 stars: 7 votes
4 stars: 20 votes
5 stars: 29 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!

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