QuickBooks Online 2021. pay payroll tax. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars a practice problem, we’re going to be opening up the trusty trial balance by right clicking on the tab up top, we’re going to duplicate that tab, we’re going to go down to the reports then on the left hand side, then I’m going to be searching in the in the find area for the trustee trial balance the not the trial balance, but the trial balance, opening that up arranged change up top to endpoint and to date 1231 to one, run that report, close up the hamburger hold down Control scroll up just a bit.
QuickBooks Online 2021. Now, accounts payable graphs with the help and use of Excel. Let’s get into it with Intuit QuickBooks Online 2021. Now, here we are in our QuickBooks Online test drive practice file, which you can find by typing into your favorite browser, QuickBooks Online test drive, we’re in Craig’s design and landscaping services. Going down to the reports on the left hand side, we’re looking for reports that represent or support the accounts payable.
QuickBooks Online 2021 receive payment form. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our Google search page, we’re going to be searching for QuickBooks Online test drive, then we’re going to be selecting QuickBooks Online test drive from Intuit. We are not a robot, but we would like to be and we’re hoping QuickBooks can help us out with that process. Continuing on. Here we are in Craig’s design and landscaping services test file, we’re going to go to our new tab on the left hand side.
This presentation we will generate, analyze, print and export to an Excel a restricted net asset detailed report and get ready because here we go with aplos. Here we are in our not for profit organization dashboard, let’s head on over to Excel to see what our objective will be. We’re currently in the 10th, tab, tab number 10. And last time and a few prior presentations, we’ve been creating the statement of activities, including three columns, two columns, for width restrictions, without restrictions, we then broke out the width restriction column out into the expenses by both function and by their nature.
This presentation we will generate, analyze, print and export to Excel a statement of activities or income statement report, get ready, because here we go with aplos. Here we are in our not for profit organization dashboard, we’re going to be heading on over to the reports on the right hand side. So let’s be opening up the reports. And we’re looking at the statement of activities. So you’ll recall the statement of activities is, in essence, an income statement. We’ve been working with the income statement by fund, but then we created our custom reports down below. So we took this report, that’s going to be a general report, we’re going to scroll down to like custom reports down below, which is then the saved reports.
In this presentation, we’re going to take a look at the formatting of a statement of activities or income statement, we’ll take a look at customizing the statement of activities and customizing it for internal use, as well as external use and then saving those customized income statements so that when we go into them into the future, it will be as easy as possible, get ready, because here we go with aplos. Here we are on our not for profit organization dashboard, we’re going to be opening up our reports, let’s go to the reports on the right hand side to do so we’re then going to go into the income statement by fund. So let’s take a look at the income statement five fund which is going to be our statement of activities report.
In this presentation, we’re going to record a cash donation or contribution into our not for profit organization. Get ready because here we go with aplos. Here we are in our not for profit organization dashboard, we’re going to be jumping on over to Excel first to see what our objective will be. So here we are in Excel, we’re on tab two in our Excel worksheet, we’re going to be recording a cash donation. Now note, we’re going to be recording this as a one lump sum donation. But you can imagine we have multiple donations, that would be of a similar format.
In this presentation, we will take a look at a basic outline for a statement of cash flows. In order to do this, we first want to give an idea of how the statement of cash flows will be generated. So we can think about these components of the statement of cash flows and where they come from. Typically, we will have a worksheet such as this that we will use in order to generate the statement of cash flows. That statement of cash flows, having three major components, operating activities, investing activities, and financing activities. Our goal here is going to be to fill out these three components and typically we will use a worksheet such as this on the left. The worksheet is just basically a comparative balance sheet that we have here that we’ve reformatted from a balance sheet to just a trial balance type format, a debit and credit type format. So you can see that we have our balance sheet accounts, and we are imbalanced by having the debits the positive and the credits be negative or debits. Minus the credits equaling zero, given it’s an indication that this period, the current period that we are working on, is in balance, the prior period, same thing. So we have two points in time for to balance sheet points the prior year, or period the prior year in this case and the current year. And then we just took the difference between these two columns. And if we have something that’s in balance, here, the debits minus the credits equals zero, something that’s in balance here, the debits minus the credits equals zero. And then we take the difference of each line item in these columns. And some of those differences, it too must add up to zero. So in essence, what we’re going to do in order to create the statement of cash flows is find a home for all these differences. And that’ll give us a cash flow, a concept of the cash flow statement. We’ll get into more detail on how to do that when we create the cash flow statement. But as we look at the outline, keep that in mind. So here’s going to be the basic outline for the state. cash flows, we’re going to have the operating activities. That’s going to include a list of inflows and outflows from the operating activities. And then we’re going to have the net cash provided by the operating activities. Now, this list of inflows and outflows for the operating activity will be the most extensive list because the operating activities are in relation to you can think of it as similar to the income statement.
Hello in this presentation we’re going to take a look at financial statement relationships. In other words, how do these financial statements fit together? How do these financial statements represent the double entry accounting system in the format of the accounting equation that have assets equal liabilities plus equity? First, we’ll take a look at the balance sheet. Note that most textbooks will talk about this relationship and constructing the financial statements by first saying to construct the income statement, then the statement of equity and then the balance sheet. If you’re constructing things by hand with a paper and pencil, that does reduce the number of calculations that you would need to do, however, if you’re using something like Excel, then it’s a lot easier to sum up columns of numbers and it might be useful to take a look at the balance sheet. In any case, the relationships will be the same when we consider the relationships between the financial statements.
Hello in this lecture we’re going to put together the section of the balance sheet of property plant and equipment from the trial balance property, plant and equipment will be part of the assets can be the subcategory of assets, we talked last time about the creation of the current assets. And now we’ll be moving on to property, plant and equipment, which will then sum up everything for total assets. We will be picking these numbers up from a trial balance. And once we have completed all the financial statements, what we’re basically doing is taking a debit and credit format from the trial balance, converting it to a plus and minus format in terms of the financial statements, assets, equal liabilities plus owner’s equity so that people can read it even if they don’t understand debits and credits. In this lecture, we’re focusing in on this section here, which will be a land equipment and each cumulated depreciation.