Is this your first time using QuickBooks Online? Have you tried using QuickBooks online in the past but gave up because it seemed like the instructions were in a foreign language? Well, worry no more; I'm here to help. In this first section, you'll be introduced to QuickBooks and all its moving parts.

Transaction accounts are the heart of your bookkeeping system. This is where you will record every transaction that comes in or goes out of QuickBooks. In this section, you will learn:

Back in the old days, the most time-consuming aspect of bookkeeping was entering transactions. Fast forward to today, all the heavy lifting is done for you, thanks to cloud accounting/bookkeeping software. So hold on and enjoy the ride and watch how quickly it takes you to get where you are going. In this section, you will learn:

Here are a few lessons to help you get the most out of QuickBooks Online

This is where all the magic happens. Now that you've set up your account, it's time to spread the money around and let QuickBooks do what it does, spit out the perfect report(s) that will take your business to the next level.

These video lessons demonstrate how to create special purpose accounts or record special purpose transactions in QuickBooks Online. You'll learn how to create special-purpose accounts, record a special purpose transaction.

One of the most important steps associated with bookkeeping is bank and credit card reconciliation. When you reconcile your bank and credit card accounts, you make sure you've recorded every transaction, and all the money has been accounted for. During the reconciliation process, you will confirm balances, correct transaction errors, and ensure everything has been entered correctly. THIS STEP SHOULD NEVER BE SKIPPED

Wow! You made it to the end. Now that your books are done ✅ and you are confident that everything is where it should be, it's time to look at your numbers and start making decisions. What decisions do you ask? How about: 1) How much can I afford to pay myself this month, OR how much should I transfer to my personal account based on the percentage I have decided to pay myself each month? 2) Based on my cash projection budgeted worksheet, how much should I put aside to pay my estimated taxes this month? What portion of my net profit should I set aside for savings or retirement? 3) Based on prior months, what does my cash flow look like for the next three months? Will I survive another slow month? 4) Did I meet my goal of not exceeding my expenses for the month? 5) What percentage of my total revenue was spent on rent, supplies, cost of goods sold, e.t.c

The key to success revolves around setting goals. The first step is to set SMART business goals, then figure out what you need to do to achieve those goals. Using available financial tools such as QuickBooks paired with goal-focused spreadsheet tools can help you achieve success. Learn simple steps for quick financial results.

A Live Demo Showing How To Use The Estimated Tax Spreadsheet Calculator - If your income significantly fluctuates each month, or if you would like your estimated payments to be as accurate as possible, your best option is to calculate your estimated payments each quarter based on your income to date. In this lesson, you will learn how to use the accompanying calculator to calculate your taxes.