QuickBooks Online 2021 balance sheet vertical analysis, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our free 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, we’re going to go down to the reports on the left hand side, we’re going to start off with our basic balance sheet, again, our favorite report or one of them, and then we’re going to be modifying it this time for a vertical type of analysis.
Posts with the tab tag
Memorize Report 2.45
QuickBooks Online 2021. Memorize report. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our QuickBooks Online test drive file, which you can find by typing into your favorite browser QuickBooks Online test drive, we’re going to be taking a look at the memorizing of reports function. To do that, let’s go to the reports down below. And we’ll see that the normal tab that you will be on will be the standard tab, you can make the reports favorite of the reports that have already been made by putting that star next to them as we have seen, which will move them up into the Favorites area.
Navigation Overview .20
QuickBooks Online 2021 software navigation overview. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our Google search engine browser, we’re going to be typing in QuickBooks Online test drive to get to our QuickBooks Online at test drive that I’m going to enter into that QuickBooks Online test drive here. Here we are in our Craig’s design and landscaping services Test Drive File, we’re going to start off with a broad overview of how to get around the quickbooks online format. We’ll be doing some comparisons as we do so to the desktop version.
Restricted Net Asset Detail Report 190
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.
Expenses by Nature & Function 187
In this presentation, we will generate, analyze, print and export to Excel a report that will show the expenses both by their nature and by their function. Get ready, because here we go with aplos. Here we are in our not for profit organization dashboard. Let’s first take a look at our Excel sheet to see what our objective will be. We’re over here on tab 10. You’ll recall last time that we made the statement of activities. So the statement of activities in essence, the income statement being broken out by two columns, and a total column, those with restrictions and without restrictions. And now we’re concentrating on those expenses, which we want to break out both by nature and function, which we could do on the statement of activities.
Statement of Activities Export 186
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.
Statement of Activities Formatting 185
https://youtu.be/S3lCOA6esqY?list=PL60SIT917rv6ERsGZxM9V_IZLVybpgfNU
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.
Allocate Expenses to Categories Part 2 171
https://youtu.be/H1D3e6dKlTI?list=PL60SIT917rv6ERsGZxM9V_IZLVybpgfNU
This presentation, we’re going to continue on allocating our expenses by category by function, including by program, admin, and fundraising with the use of our tax feature within our accounting software, get ready to go with aplos. Here we are in our not for profit organization dashboard, we’re going to go on over to our Excel file to see what our objective will be. We’re continuing on with the allocation of our expenses, you’ll recall the objective being that normally we have our expenses broken out in the statement of activities here. And we need to break them out both by function and what they’re used for by nature and by function.
Allocate Expenses to Categories Par 1 170
https://youtu.be/F4FtVtXckPo?list=PL60SIT917rv6ERsGZxM9V_IZLVybpgfNU
This presentation and we’re going to start breaking out our expenses by nature. In other words of what the expenses are used for with the use of the tags, the categories being the education, the community service, the administrative and the fundraising for that 4020 2020. Being the allocation percentages, we will be using, get ready, because here we go with abalos. Here we are in our not for profit organization dashboard, we’re going to be heading on over to Excel to see what our objective will be.
Month End Expenses Part 2 162
This presentation we’re going to continue on with part two of recording our typical kind of month end type expenses like a telephone and utility type expenses 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 Excel to see what our objective will be. So we’re going to be on over in Excel, we’re in the eighth tab. Last time, we made these first two ones green, because we did those ones. And now we’re going to continue to make the next one green, because that’s the next one we’re going to do, we’re going to be recording our expenses, this is going to be the utilities expense, I’m going to right click on that one, make it green.