Enter deposits and income into QuickBooks the easy way. QuickBooks has a large amount of options and we can enter a full accounting process into the QuickBooks system. As we learn how QuickBooks works it is easy to loose track of how to set up a simple accounting system. This lecture will discuss how to set up a simple accounting system, a cash basis system based on the banking information, based on the bank statement. We will compare and contrast this cash based system to an accrual system. We will enter transactions from the bank statement directly into the check register which is the fasted way to enter the data. For more accounting and QuickBooks information see accounting website. http://accountinginstruction.info/
