You explain everything so clearly, thank you! Your videos are extremely helpful to me.
@bridgetthompson32844 жыл бұрын
Thank you so much! I am sitting here in TEARS because i have years of company files that are WRONG! I have to start over with quickbooks online!
@melissarankin22012 жыл бұрын
I appreciate the way you explain everything. I am very new to QBO and trying to set up my Chart of Accounts. I understand the value of doing it right from the get-go. Thanks for your help.
@hadassahcaicedo10084 жыл бұрын
😯 I'm alive now, you are my professor really and thank you 😊 I'm a new small business owner that you are training now I hope to get it as good as you 🙏 I appreciate it
@PupcreekStudio3 жыл бұрын
Huge help. The part regarding confusing COA line items spot on. COA detail but no more than you need.
@helalahmed7428 Жыл бұрын
Your Explain is very easy to understand!
@user-tv2mb9vn2r10 ай бұрын
you are brilliant and I do believe you help so many people out there with their jobs - Million thanks because you also explain perfectly
@HectorGarciaCPA6 ай бұрын
Thanks
@zengyunhartman95593 жыл бұрын
This video is very helpful to me. It's clear and easy to understand. In 2019, I studied the Quickbooks online, and obtained the certificate. However, there was no video in the previous studying. I learned various forms and operations were carried out in the textbook. This time I am learning QuickBooks, the QuickBooks company provided many videos and detailed explanations and guidance. It deepened my understanding of QuickBooks. And I'm very interested in QuickBooks. Thank you.
@muhammadumer99142 жыл бұрын
How can I get take full quick books course
@rayzucchero94782 жыл бұрын
Great guy you are, first, and then a great accountant!
@donnamaesartiga33542 жыл бұрын
hello how can i use quickbooks on my lazada sales plz help i dnt know what to do
@laritzalamacraft3114 Жыл бұрын
Could you please make a video explaining how to record taxes paid on purchases. Let's say the company bought a vehicle and taxes were paid on the cost, how do you record the portion part of the taxes paid in QuickBooks online. Thank you in advance.
@kristenturvey4683 жыл бұрын
My only issue is the fact my husband is trying to help me in Quickbooks while he is also working on the estimates for clients. So I'm needing his help to figure out what ones to delete because I'm not sure. Your videos help so many people! We're getting Quickbooks re-setup from years ago and trying to get things back to normal.
@HectorGarciaCPA3 жыл бұрын
Good
@normahernandez34713 жыл бұрын
Good morning Kristen you should consider hiring an accountant, Prestigeaccountant.com They can help you work all the data entry and reconciliation.🙂
@CaptainCorpuscle12 жыл бұрын
Thank you for doing this In the middle of the night for us
@HectorGarciaCPA2 жыл бұрын
Je je.. most of my videos are done at midnights
@tonetea20262 жыл бұрын
Hi Hector. I am an avid fan but may you please show us a video about 1099 forms ? how to prepare them when can we access them using our QB Payroll Pros and Cons if we use QB to prepare 1099 anything that you know about 1099 would really help us a lot.
@HectorGarciaCPA2 жыл бұрын
There is a video on 1099 search it
@Nenita19235 ай бұрын
Hi Hector, do you have a tutorial on closing the year end? the set by step tutorial
@HectorGarciaCPA5 ай бұрын
No i dont
@sokunthearyson15903 жыл бұрын
May kindly assist to advise for Reimbursement bill back to customer? because when create invoice in quick book online create invoice it auto under Invoice not under Reimbursement Can you please advise
@jarrarmehdiunknown8179 Жыл бұрын
How to add cash type ?
@marioalvarado91593 жыл бұрын
Hi. For some reason when I run my Balance Sheet display Account Receivable first instead Cash on hand.
@Michael-lo3ht3 жыл бұрын
I'm just starting a single-member LLC for items that I make. I wanted to convert to an actual business to help expand my reach and be able to sell at like farmers markets, etc. But now I keep hearing you need a lawyer, you need an accountant, etc. At that point to me it's no longer a small business. That or the fact spending that much money it's out of reach for my small business. My main point is I want the chart of accounts, and QuickBooks setup properly to begin with. But how can I get that done at a reasonable price?
@gladysescalona3418 Жыл бұрын
Hola Héctor, gracias por esos cursos. Soy contador graduada en Venezuela, porque sugieres hacer el curso en Coursera de Intuit en contabilidad?
@HectorGarciaCPA Жыл бұрын
Por ser el mas barato y facil
@gladysescalona3418 Жыл бұрын
Tú crees que me pidan certificado para trabajar en Us?
@gladysescalona3418 Жыл бұрын
Quiero trabajar en mi campo y no que que me vayan a pedir?
@katechipata99343 жыл бұрын
Your channel is a Godsend 🙏🏾
@carlel1213 жыл бұрын
Hello, if I use cash to buy something for my company or other card that is note specifically for business, how do I include that to my account? And how do I delete some expenses note specifically for business
@dianeweckesser49124 жыл бұрын
Thanks for the info Hector. You explain things very well. I'm a new user to QBO. I'm a treasurer to a small church and want to use it for our church. I tried last year but just was overwhelmed so I just did the year manually - automating portions in excel for reporting - and to get a handle on how the church worked it's finances (retired programmer not finance!). So now I'm ready to try and use QBO - could I talk to you regarding CoA's or have you briefly review what I did last year and have you look at it for set up purposes? Would love to get your thoughts. Diane
@noormotani97193 жыл бұрын
Your videos are hardly audible. That’s why I am always reluctant to watch your videos.
@samuelfullman Жыл бұрын
Hector, second video of yours I've watched. Also subscribed. Thanks! Question: suppose I start a company and purchase a house with a 300K loan - I have a liability on day one of 300k to the lender - I have an asset also of 300k in the house Now, forgetting everything else (like payments and money I make), over time the house's perceived value climbs to 600k (an easy to remember number) I would like to make an entry of 300k somewhere to show actual appreciation What kind of account would I use? I've seen `unrealized gain/loss` and `accumulated depreciation` on search but not sure.
@HectorGarciaCPA Жыл бұрын
You dont enter appreciation in accounting
@hectoragustin6178 Жыл бұрын
Hola Hector, soy Hector de Guatemala jajaja tengo una duda y quisiera ver si me puedes ayudar, quisiera saber si la version de Quickbooks Enterprise solutions 21.0 tiene la opcion de realizar cargas masivas desde excel para crear facturas de compras o de ventas (no para crear a los proveedores o clientes) sino para crear las transacciones masivas y no hacerlo una por una . muchas gracias por tu valiosa ayuda....
@HectorGarciaCPA11 ай бұрын
Si las transacciones tienen múltiples líneas, necesitas un app tercero que se llama Transaction Importer Pro, vale como $200
@tamstate3 жыл бұрын
I am trying to switch from Quickbook online to desktop. Is there any similar function on quickbook desktop as well? do you have any video regarding chart of accounts or specify deposit (sale) to match revenue?
@nekoneko8873 Жыл бұрын
Hello Hector, We resell products (non-inventory). What should be the category of expenses to buy the stocks of products we resell? "Supplies" since it's non-inventory? Also, should we only use the "inventory asset" category if we are tracking inventory? Thank you!
@HectorGarciaCPA Жыл бұрын
Cost of Goods sold
@nekoneko8873 Жыл бұрын
@@HectorGarciaCPA thank you! :)
@LuisAngel-rb4mz Жыл бұрын
Hector estoy iniciando mi compañía en Quickbook! Tú haces asesorías personales a compañías???
@HectorGarciaCPA Жыл бұрын
Si hacemos eso. 954-414-1524
@Bbliophyl5 жыл бұрын
Great video. Wish I’d started with this video a month ago. Can accounts in a chart of accounts still be deleted? Or only made “inactive”? I don’t see the option to delete.
@HectorGarciaCPA5 жыл бұрын
Leah K. Scott inactive only.. no “delete” any more
@launchpad4np3 жыл бұрын
Hi ! Do you have any tutorials on how to setup a nonprofit grant on QBO? Thx
@bb-of3qz5 жыл бұрын
Great stuff but I find most of our clients don't want to use QB online. We are 90% desk top but we are moving to Onvio for tax this season from Proseries desk top so we'll see. Once again good stuff.
@HectorGarciaCPA5 жыл бұрын
Good luck
@sardaralam14094 жыл бұрын
Hi Sir, How do i record sale of shop or plot in real estate company when payment is made on proper scheduled?
@sloflo13 жыл бұрын
What example of tools are considered expenses and at what dollar value do they become fixed assets? I can buy a $200 drill or a $2000 plate compactor for example. Are either fixed assets?
@HectorGarciaCPA3 жыл бұрын
Some companies use $500, others $2500 are the threshold from expense to asset
@katiehenry62212 жыл бұрын
Where can I download your chart of accounts?
@graceapostol70293 жыл бұрын
Hello hector, is it possible to download QB and create a test company so I can navigate the QB realtime? Well since there is a 30 day trial. I preferred to do hands on while watching your video. Thank you
@sheristevens29812 жыл бұрын
This was very helpful! Thank you!
@AmatoAllahi1004 жыл бұрын
Thank you Hector for all videos, we learned a lot thanks to you :)
@HectorGarciaCPA4 жыл бұрын
Great! Thanks
@NevaehBeatez3 жыл бұрын
How should recurring bills be handled? Should I create a dedicated liability account for them? So that I can see the balance owing to specific vendors? For example, electrical bill.
@HectorGarciaCPA3 жыл бұрын
NevaehBeatez just a bill going to AP as normal.
@NevaehBeatez3 жыл бұрын
@@HectorGarciaCPA The problem with that method is that however much I owe the power company is treated like a credit. I don't make payments on specific bills but rather on the total balance itself. Having an expense category dedicated to the bill only shows me how much I've been charged over a given period. I want to see what's remaining to be paid.
@HectorGarciaCPA3 жыл бұрын
NevaehBeatez then just write the check or enter the expense to the utilities expense account
@NevaehBeatez3 жыл бұрын
@@HectorGarciaCPA Again, the expense account is only good for seeing how much I've spent in total. Not necessarily how much is remaining on my bill. That's why I thought about creating a separate liability account so that I can treat it like credit which needs paid off. The problem with writing it to the expense account and simply holding on to the bill is that I never know how much is remaining on my bills, especially if I have 3+ and they're all considered a single credit.
@HectorGarciaCPA3 жыл бұрын
NevaehBeatez I can’t follow sorry... if you want to schedule a consultation, we are open to that.
@intotyping80293 жыл бұрын
Thank you! Really valuable!
@shraddhasvlog67482 жыл бұрын
Nice explain.
@HectorGarciaCPA2 жыл бұрын
This one
@eved.70382 жыл бұрын
Very well explained.
@jamesleonard36293 жыл бұрын
Can fuel charges be considered COGS for a transportation industry business?
@HectorGarciaCPA3 жыл бұрын
Yes
@corysmith68683 жыл бұрын
is there a way i can set up my business checking account and personal checking account in QB but still organize everything in a way that business and personal stay separate?
@HectorGarciaCPA3 жыл бұрын
It’s not recommended, QB is meant to produce a business report only
@bevgibbs22884 жыл бұрын
If you delete a chart of account, and have a past transaction under that chart name, does that mess up the balance going forward?
@HectorGarciaCPA4 жыл бұрын
Bev Gibbs if you delete a balance sheet account with balances, yes.
@yenidamariscamerolezama86453 жыл бұрын
Hi Hector Garcia, congratulations for your videos, i like your shirts two , i have a questions? i want to buy the software but it is to learn and prepare to do accounting, you can advise me which one i buy, i have learned a little for you but i understand a little English and it has been said difficult.
@HectorGarciaCPA3 жыл бұрын
Use the link in my description to setup a free 30 day trial
@marthamedina45333 жыл бұрын
Hi Héctor, I'm looking in the chart of account, it look like I have 2 of the same account showing, how can I making into one.
@HectorGarciaCPA3 жыл бұрын
Merge them
@moirapottow62254 жыл бұрын
Is there a way to create a new QBO company with a blank Chart of accounts so you can enter your own COA instead of making all preset accounts inactive and then entering your own.
@HectorGarciaCPA4 жыл бұрын
Moira Pottow no :(
@quickfix89173 жыл бұрын
Hi, Hector Great video. How do I correct back account balance so I can start reconciling my back account correctly? Thank you.
@HectorGarciaCPA3 жыл бұрын
You might need to undo any reconciliations done
@aminkamyar20965 жыл бұрын
Hello Hector, Here in Afghanistan I work in a company which supplies Engine oil. We sell it in debt to our customer and they pay us weekly. Sometimes some customers miss it to pay their A/P in terms of weekly schedule... how can I create a report that shows me those customers who did not paid for example in the last 3 weeks? Thanks
@HectorGarciaCPA5 жыл бұрын
Open invoice report.
@farrukhbashir16934 жыл бұрын
Hi Hector, is it possible to Customize the order of accounts as they appear on report I.e my QBOnline in BS has accumulated depreciation before showing fixed assets such as building equipments. Is it possible to do so, how?
@HectorGarciaCPA4 жыл бұрын
Yes with account numbers
@Finhead1134 жыл бұрын
Hector, are you aware of an ongoing issue with synchronizing Amex Business cards with QBO--Error code (591)? It's been two weeks and several calls to Quickbooks with no fix yet. Have you experienced this? I'm frustrated.
@HectorGarciaCPA4 жыл бұрын
No.. you need to contact Intuit
@Minerking73 жыл бұрын
Hello Hector it's me again. 😅 I appreciate you answering one of my questions before. If I use Google drive and pay for more storage would that fall for office supply/ software in quick books?
@HectorGarciaCPA3 жыл бұрын
Yes office supplies is good
@michaelkleimeyer79104 жыл бұрын
Should Amazon be considered a Vendor or a Customer can they be both? They pay us for products sold( Customer) but bill us for services (Vendor) Thanks
@HectorGarciaCPA4 жыл бұрын
vendor when you buy from them, customer when you invoice them
@johnlaunchillegotardo23664 жыл бұрын
Thank you for these informative videos. I do have a question though. How many days or weeks for me to be an expert or somehow be knowlegeable in Quickbooks? Thank you. 😁😁😁
@HectorGarciaCPA4 жыл бұрын
5 years
@RonnelsStampStudio4 жыл бұрын
Hi Hector, I have searched everywhere and cannot find an answer. Is there a way to bulk delete the "To Do List" items in Quickbooks Desktop or do I have to delete each item individually? Thank you in advance.
@HectorGarciaCPA4 жыл бұрын
There isn’t a way... one by one!
@sandraalba28592 жыл бұрын
Héctor buenas tardes ! Te quería pregunta si yo quiero empezar mi negocio de bookkeeping cuál versión de Qb me recomiendas comprar?
@HectorGarciaCPA2 жыл бұрын
QuickBooks Desktop Accountant 2022 que vale como $900. O QuickBooks Online Accountant que es gratis para el contador, pero cada cliente paga su mensualidad de $25-$180/mensual
@sandraalba28592 жыл бұрын
Yo trabaje en una oficina donde hacíamos contabilidades y creo que usábamos Qb Desktop pro
@sandraalba28592 жыл бұрын
Ese me cuesta $350 por año, mi duda es si puedo hacer contabilidades para varios clientes en ese programa ?
@HectorGarciaCPA2 жыл бұрын
@@sandraalba2859 si… pero el Accountant es mejor vale $900 y dura 3 años
@sandraalba28592 жыл бұрын
Ok muchas gracias,!
@jg52724 жыл бұрын
Excellent video! Thank you 😊
@samrogers95154 жыл бұрын
Great job Hector!
@zengyunhartman95593 жыл бұрын
Hello MR. Hector Garcia, I have a question. When I want to make an account " inactive, " but I clicked " deleted " by mistake, is there a tool or step to restore the deleted account? Or do I need to create a new account for the deleted account.
@HectorGarciaCPA3 жыл бұрын
You need to show all the accounts (including inactive) and then edit it
@zengyunhartman95593 жыл бұрын
@@HectorGarciaCPA Thank you for your reply.
@dons16435 жыл бұрын
Very good information. Thank you. Question: do you cover more advanced, QBO importing from Excel to an existing COA in QBO already? do I need numbers if my existing COA has numbers or can I just import the account names and then edit them in QBO? and editing/adding accts as you go along...
@HectorGarciaCPA5 жыл бұрын
If we setup a one-on-one, we could cover any topic you can’t find in KZbin
@louietoltolvlog9699 Жыл бұрын
@@HectorGarciaCPA I am sorry...there's no one I can get my answer..I studied bookkeeping but lecture has no knowledge...you're the only one who can answer me.. This is my quickbook desktop profit and loss statement...I think i need to set up a correct chart of accounts again.. FOR EXAMPLE OF MY QUICKBOOK IN DESKTOP P& L STATEMENT IN AUG. ordinary income/expense 1. income cash income 20,000 (cash tips included) credit card sales 300,000 (card tip included, may be sales tax included) doordash 5000 (card tip included) total sales income : 325,000 or 2. in pos sales receipt,for example total sales 250,000 * sales tax 2,500 cash income 10,000 cash tip 10,000 credit card sales 200,000 card tips 100,000 doordash sales 4000 doordash tip 1000 My question s is ; between # 1 and # 2 is gross sales income 250,000 here? or 325,000? Payroll expense 90,000 (regular wages, paid tips included) should I pay two paychecks for one wage and the other tip only?
@faizadanial88544 жыл бұрын
Can you help me to tell about how can I recover journal entry which is deleted and showing in audit log please.
@HectorGarciaCPA4 жыл бұрын
faiza danial you need to re-enter it.
@faizadanial88544 жыл бұрын
@@HectorGarciaCPA thanks a million 🙏 blessings
@nicholasvarro73824 жыл бұрын
Thank you so much Hector for teaching us this! I to am not familiar with the "chart of accounts."
@cermeyduarte89363 жыл бұрын
Hola podrias por favor hacer este video en Espanol
@HectorGarciaCPA3 жыл бұрын
No tengo videos en español
@princesstolentino40155 жыл бұрын
Hi Hector! Is it possible to undo transaction from synced PayPal and edit it? Like sales
@HectorGarciaCPA4 жыл бұрын
you can Undo them and re-enter them yes
@dianariyawansa29864 жыл бұрын
Nicely Explained! Hello, in my accounts it doesn't show up bank account type when creating a new chart of accounts, can you add a comment on this :)
@mukhtiar_ahmed4 жыл бұрын
Sir for example 12 box + 01 box free
@HectorGarciaCPA4 жыл бұрын
QB doesn’t support that.
@eiengel85634 жыл бұрын
Hello Héctor how can i get at quick. Book certification? That could be valid in canada
@HectorGarciaCPA4 жыл бұрын
kzbin.info/www/bejne/rqvUqaqiZ7prla8
@paconot5 жыл бұрын
Wow, you saved my life!
@HectorGarciaCPA5 жыл бұрын
paconot you welcome.
@kathambam94963 жыл бұрын
I am looking for quick books opportunity please do refer me
@patelmaya85534 жыл бұрын
Excellent video
@HectorGarciaCPA4 жыл бұрын
Thanks
@tmcvp44 жыл бұрын
Hi Hector ! I am Ali from Pakistan and I'm also your student? Kindly tell me about Bookkeeping for Amazon Seller Account? If you have any lesson or video for it then send me line. Thanking you in anticipation.
@HectorGarciaCPA4 жыл бұрын
I don’t have such a video
@MemoriesOfLife-ve1oi4 жыл бұрын
QUICKBOOKS FOR AN AMAZON ONLINE STORE by quickbooksdude did it,
@tmcvp44 жыл бұрын
@@MemoriesOfLife-ve1oi any link? Quickbook Dude ?
@tmcvp44 жыл бұрын
Are you from Pak? Then you can contact me ...?
@HectorGarciaCPA4 жыл бұрын
@@MemoriesOfLife-ve1oi is a good video: kzbin.info/www/bejne/aJCQk6J6gN-DaM0
@Joy_Nasor2 жыл бұрын
Wow
@don8chill25 жыл бұрын
How much you charge to tutor me
@HectorGarciaCPA5 жыл бұрын
I dont do tutoring.. but we have training/consulting we offer. Range is $425 to $650, call my office when ready 954-414-1524