@@HectorGarciaCPA Wowww this is wonderful database! Thank you very much!
@chrisflores-j5z2 ай бұрын
I have been watching your videos for about a year now. I also have certifications in QBO and QB Pro adviser for 2024, But I never really could make a balance sheet and Profit and Loss statement that made sense to me. I recently watched your videos on how to categorize uploaded bank transactions plus some other videos and I can see where I was making mistakes. This video was very helpful. I almost quit trying to use QB all together and not pursue a Bookkeeping Business. I am glad I sat down and watched this video; I am going to go back and practice again and see how it goes.
@PlanningwithGlenna9 ай бұрын
This was extremely helpful! Thank you. I have used QB desktop for years but am switching over to online and starting over for several reasons. You have saved me so much time! I know I will be watching your other videos.
@HectorGarciaCPA9 ай бұрын
Great to hear!
@Christ_is_King95126 күн бұрын
This is dynamite info. Basically everything in here is more than enough to get a first time business owner started to hit the ground running. Thank you Hector 🙏
@HectorGarciaCPA26 күн бұрын
:)
@NicholRandolph24Ай бұрын
Hector, thank you for making a detailed video for chart of account. I’ve struggled to categorize due to not knowing what can be merged or made inactive. This is so helpful and will be watching again since I kept getting interrupted.
@jonathanrianto46683 ай бұрын
Watching from Kenya, Your presentations are worthy of time taken. Thank you
@andesenn6 күн бұрын
Thank you for sharing your expertise. I'm just starting out and your's are the best and most imformative presentations I've seen. They are helping me navigate QB without freaking out. LOL
@HectorGarciaCPA6 күн бұрын
@@andesenn awesome
@Dieselandjax3 ай бұрын
So glad I found this channel. I’m in school learning this .
@HectorGarciaCPA3 ай бұрын
:)
@SP-mg3li10 ай бұрын
Great information! Thank you for taking the time to have these Master-Classes! Really helpful!
@HectorGarciaCPA10 ай бұрын
Glad you like them!
@nn-nn14722 күн бұрын
you are the best tutor, Hector! Thank you for your thorough and super understandable explanation.
@HectorGarciaCPA18 күн бұрын
You are welcome
@kazeemoluwatobilobasimeon598411 ай бұрын
I pray you are able to see these questions sir. 1. why do we need categorization of transactions? Why do we categorize internal transactions and bank transactions. can "Rule" categorize internal transactions too? What is the essence of reconciliation in the generation of report. Can a report still be generated without reconciliation? What happens if a transaction reflecting internally and in the bank account are not categorised in the same chart of account; how will it affect reconciliation? What is the main purpose of chart of account? (I hope you see these sir, I need help. Most videos are explaining the tools and not the background knowledge. I am just a Medical scientist hoping to start a business)
@HectorGarciaCPA11 ай бұрын
They need time be categorized to be organized in your financial statements. You should run reports AFTER reconciling
@kazeemoluwatobilobasimeon598411 ай бұрын
@@HectorGarciaCPA Alright sir. Thank you.
@happysmiling741110 ай бұрын
Good stuff, Hector. Clear and straightforward. For LT Liabilities (Notes Payable), why wouldn't you create sub accts under Noted Payable for the two F150 loans?
@HectorGarciaCPA10 ай бұрын
Yeah you can.. thats optional
@wlfwlker370410 ай бұрын
Great information and easy to follow. I will watch for awhile and possibly join your group. Thanks Rick🙂
@HectorGarciaCPA10 ай бұрын
great
@TraciBradley-i8k11 ай бұрын
Thank you HECTOR!!! You have saved me time and frustration 🎉
@HectorGarciaCPA11 ай бұрын
Happy to help
@Shine-me2iy9 ай бұрын
This is helpful! Hope you could also explain the difference between P&L accounts and Balance Sheet accounts. Thank you so much.
@HectorGarciaCPA9 ай бұрын
Not sure if that exact content exisits, but this might help kzbin.info/www/bejne/pqXce6mnfbaArtUsi=QJDhPsCU-11GnWfZ
@sectumsampra3 ай бұрын
Thank you so much! This was wonderful! I had my CoA set up but there were great tips in here on organizing it better!
@halalaffirmations Жыл бұрын
Do you recommend recording Amazon Seller Income, Amazon KDP, and Amazon affiliate as separate income on Quickbooks? Or all under Amazon income?
@HectorGarciaCPA Жыл бұрын
I would separate it
@halalaffirmations Жыл бұрын
@@HectorGarciaCPA thank you for the quick reply.
@yshangot100910 ай бұрын
This one is really helpful ! Thanks a lot Hector !
@HectorGarciaCPA10 ай бұрын
:)
@EmperorThePro8 ай бұрын
Just received my ProAdvisor certification today, but watching your videos i feel like theres a long way to go before I master QBOA. Here's to a commitment to finish all your 2024 Playlist!
@HectorGarciaCPA8 ай бұрын
Oh yeah
@kellynusbaum27579 ай бұрын
Would you know by chance, why my New Account Window looks different from both of your two window examples and why is there different window like a New General Categories?
@HectorGarciaCPA9 ай бұрын
They changed it again!! Thats why
@kellynusbaum27579 ай бұрын
@@HectorGarciaCPA Do you have a new video to show how to add equipment fix assests, original cost, and accumulated depreciation because my text book doesn't teach the new way
@HectorGarciaCPA9 ай бұрын
@@kellynusbaum2757 no i dont.
@miguelescobar547610 ай бұрын
Este es el curso que tanto estaba buscando!!! execelente metodología Hector, saludos.
@HectorGarciaCPA10 ай бұрын
Perfecto
@user-ej9pz5zd5i Жыл бұрын
hi hector.. Loved the way u explained each and everything..
@HectorGarciaCPA Жыл бұрын
:)
@MommyNel_Levi6 ай бұрын
i miss my accounting subject in college which i really enjoyed❤, thanks for the refresher in chart of accounts
@HectorGarciaCPA6 ай бұрын
:)
@lion-o22 Жыл бұрын
Hi Sir, how to create separate account for Cash On Hand in such a way that it is not a sub-category of Bank Accounts?
@HectorGarciaCPA Жыл бұрын
Cant.. needs to be under the Bank Accounts type
@heikihamunyela812111 ай бұрын
just create a separate patty cash bank account and use it for that purpose. It works.
@nicholeashlynthornelltripp967015 күн бұрын
How do you purge your QBO account and start over from scratch? I'm within 60 days of purchase. And do you have a current video on importing COA? Is the "create empty COA" still an option?
@HectorGarciaCPA12 күн бұрын
There is a special link, look it up
@cherutokirwa78204 ай бұрын
Hi Hector. This was really helpful. I'm however unable to input opening balances after importing the chart of accounts. Kindly assist.
@HectorGarciaCPA4 ай бұрын
You need to do it via a journal entry now
@PatelRajnikantVadibhai2 ай бұрын
Hello sir, I just seen your video and it's very well and good understanding.
@HectorGarciaCPA2 ай бұрын
@@PatelRajnikantVadibhai great
@danilomercado719624 күн бұрын
trying to decide which option is best for me.. can I have multiple departments ( at least 2 ) with the basic plan ? any help would be greatly appreciated.
@HectorGarciaCPA24 күн бұрын
No.. for classes or locations you need the $99 a month plan
@tinamichele69925 ай бұрын
What is the difference between linking an account (and letting QBO fill in this information) vs manually entering the balances (which seems tedious and prone to human error)?
@HectorGarciaCPA5 ай бұрын
When you link the accounts; sometimes it brings the wrong amount. You need manually verify the balances and reconcile the banks. But you can download the activity once the accounts are linked and speed up the process. But there is always a manual element
@chytealthedeal10 ай бұрын
Thanks for this💚. I have a new client, previous year already cleaned up, taxes done and switching from Xero to QBO. Can I use their Trial Balance report to do a huge JE for all of the Opening Balances other than the main Bank account?
@HectorGarciaCPA10 ай бұрын
Yes thats that proper way
@chytealthedeal10 ай бұрын
Thank you 💚
@liombaliomba26628 ай бұрын
Thank you, very easy to understand and extremely helpful. ❤
@andyfaulkner_GLTS6 ай бұрын
Thank you for a very informaative video. May be you can help with a question. In my old quickbooks desktop I was able to apply a discount in line item for an individual produt or a subtotal but in quickbooks online it will not do a percentage rate only a fixed price which does not change if you edit the quantity of items.
@HectorGarciaCPA6 ай бұрын
Correct. QB online does not support that functionality. You need to enter it manually
@brinalidobariya775111 сағат бұрын
Can we like do something like this that i made chart of accounts as expenses and then ihave 10 different expenses and i make that 10 account as subaccount of expenses can i do that ?
@HectorGarciaCPAСағат бұрын
Yes
@mirnaromeroguerrero63566 күн бұрын
Good evening! I would like to know how can I categorize my chart of accounts like yours? Thank you!
@HectorGarciaCPA6 күн бұрын
You have to delete accounts and create new ones
@mirnaromeroguerrero63566 күн бұрын
@ thank you!
@brendanbenson-qs9be9 ай бұрын
I'm following along your setup videos for QB and have unfortunately already linked a bank account from 12 months prior. I want to start over with 01/01/24 as my beginning. How do I do this? Do you have a point in one of your videos where you already explain this?
@HectorGarciaCPA9 ай бұрын
I dont have a video on this. This requires some cleanup work
@Chicana18247 ай бұрын
@HectorGarciaCPA is there a way to "factory reset" the qbo account and start fresh with no linked accounts? My partner needs to record everything from March, only a few months, and I am trying to get him started on the right foot setting up his COA and products/services and he unknowingly already linked bank accounts too during initial set up. I would prefer to just erase everything or reset it back to its original format and start clean. I'll also mention that he is currently still in a 30 day free trail period until 6/30/24 if that is helpful.
@mqjona27194 ай бұрын
Thanks much Hector for this video. I prefer assigning of numbers to accounts too for my easy tracking.
@HectorGarciaCPA4 ай бұрын
Agreed
@zahidsarwar-o3fАй бұрын
thank you so Much Mr. Garcia it was really helpful ❤❤❤❤❤
@grilledpikachu9 ай бұрын
Can you please share the account types and sub types sheet? @29:08
@HectorGarciaCPA9 ай бұрын
The link is in the videos description
@barakatbasma6 ай бұрын
Amazing: thank you so much you answered most of the points that I wanted to research, especially the Opening Balance Equity
@HectorGarciaCPA6 ай бұрын
Glad it was helpful!
@janetrobinson89253 ай бұрын
Very good presentation, easily understood. Thank you, Hector.
@HectorGarciaCPA3 ай бұрын
@@janetrobinson8925 :)
@kathyrodgers16813 ай бұрын
Why is my charts not the same as yours? Example. Going to accounts and making anew one with an opening balance it doesn’t give me the options of using a checking or even a savings. Yes I have purchased the program so i don’t know why it’s not letting me open new accounts.
@HectorGarciaCPA3 ай бұрын
You can onky add beg. Balance to new balances sheet accounts
@thamaramartino2025 Жыл бұрын
Hector una pregunta, si un cliente viene ya con el plan de cuentas creado y las extensiones de las tarjetas de creditos no fueron creadas como sub cuentas, se puede modificar, o hay que desconectar las cuentas del banco, crearlas en el plan de cuentas y volverlas a conectar...?
@HectorGarciaCPA Жыл бұрын
Si
@profitablebusiness855910 ай бұрын
Hey heater for the sub accounts does that require personal accounts as well or just business accounts ? With chase
@HectorGarciaCPA10 ай бұрын
Generally business only
@profitablebusiness855910 ай бұрын
@@HectorGarciaCPA okay great thank you so much
@tonipeaker-rm5lz10 ай бұрын
Thank you Hector very informative ❤
@HectorGarciaCPA10 ай бұрын
My pleasure!
@thamaramartino2025 Жыл бұрын
Saludos Hector, gracias por tus videos son de mucha ayuda, siempre los veo cuando tengo dudas, queria consultarte si las 1099's se pueden corregir en Quickbooks online? Gracias de antemano por tu atencion.
@HectorGarciaCPA Жыл бұрын
Si en Febrero abren esa opcion
@NaomiMacPherson-dv4lq8 ай бұрын
I just purchased QBO for my personal finances. I plan on buying for my corporation as well. First, I want to start with my personal finances to get to know QBO well. I want to do all my finances from 2018 - to now. My Corporation started in 2020 so I need to start in 2020 for that. Anyway, can I start adding in 2024 stuff while I am putting in 2018, 2019, 2020, 2021, 2022 and 2023? or should I do all my 2018 1st and then close each year before I move on to another year. How should go about this?
@HectorGarciaCPA8 ай бұрын
I would go in order
@okivillarreal257710 ай бұрын
Is there a way to create a new "Detail Type" when you are creating a new account under Chart of Accounts? I have an Expense that does not fall under any of the categories listed under "Detail Type" and would like to create a new heading that would appear directly under "Expenses"
@HectorGarciaCPA10 ай бұрын
Not possible
@okivillarreal257710 ай бұрын
😪 Thank you@@HectorGarciaCPA
@ktxthrifts7 ай бұрын
Is your version the online version? I have an old online self-employed simple version and I do not see any of these options. I'm thinking I need to upgrade?
@HectorGarciaCPA7 ай бұрын
You might not have the same version.. the “self employed” edition is very different
@officialhabibspeakz573510 күн бұрын
Thank you for the wonderful lesson. Also, why do we need to edit the date when we could have entered it correctly when posting the transactions? I understand the idea of backdating, as we can't prepare a balance sheet for the actual year based on the historical cost principle. with Love from Nigeria.
@HectorGarciaCPA10 күн бұрын
@@officialhabibspeakz5735 its a complex answer, hard to elaborate here
@officialhabibspeakz573510 күн бұрын
@@HectorGarciaCPAAlright sir.
@arnoldboo428 ай бұрын
How should you we account for revenue and expenses from cash app not recognize in your bank statement
@HectorGarciaCPA8 ай бұрын
Depends on what you spend the money on
@arnoldboo428 ай бұрын
@@HectorGarciaCPA Wow thank you for your quick response. Tithes coming in and expenses. Note we are just using quickbooks for recording purposes only. Bills already paid etc..
@HectorGarciaCPA8 ай бұрын
@@arnoldboo42 makes sense
@arnoldboo428 ай бұрын
@@HectorGarciaCPA could I make adjustments for both (cash app) offerings and expenses not recognized by the bank??
@kapilPuli7 ай бұрын
Please send spread sheet of expense and income category to classify in books
@HectorGarciaCPA7 ай бұрын
link in the the decription
@NaomiMacPherson-dv4lq8 ай бұрын
Do I have to have my chart of accounts done before I start? or could I add an account after I start transacting.
@HectorGarciaCPA8 ай бұрын
QBO will generate a standard chart of accounts for now
@NaomiMacPherson-dv4lq8 ай бұрын
@@HectorGarciaCPA Then I can adjust it as I am transacting or do I have to change the chart of accounts before I start transacting.
@ahmedatef75855 ай бұрын
The balance sheet lists all the current assets, including Inventory and A/R under the Current Assets. How to classify the bank accounts under separate types in the balance sheet (Cash and cash equivalents - or Bank)? Please advise
@HectorGarciaCPA5 ай бұрын
Cash or Cash Equivalent = Bank
@ahmedatef75855 ай бұрын
@@HectorGarciaCPA Ok All current accounts listed together, not diffrentiate to bank, AR, Inventory. How i divide or diffrentiate the accounts in the BS?
@guiaobed428911 ай бұрын
I am watching all your videos and I am learning a lot. Thank you so much! :) My question is what if the OBE amount is negative?
@HectorGarciaCPA11 ай бұрын
Adjust against retained earnings
@dawnp140211 ай бұрын
Is there anyway to upload a bank statement to a reconciliation? The accountant wants pdfs but I can’t find anywhere in QBO to upload them too.
@HectorGarciaCPA11 ай бұрын
No, but you can upload it to a vendor or something
@victoriaday60307 ай бұрын
Can you explain why you didn't leave the generic Services Income account and then make Remote and Onsite services subaccounts? Thanks. (I haven't used QB for a number of years and am enjoying your videos to refresh my QB neurons.)
@HectorGarciaCPA7 ай бұрын
No specific logic, its always potentially different for every company, based on how the want to see it.
@christinalyons61742 ай бұрын
I was today years old when I learned if you use the QBO provided COA template to import a COA with sub accounts into QBOA, you DO put a space after the colon and the sub account name: ie: Payroll expenses: Wages BUT when using the journal entry template provided by QBO to import a Journal Entry using that SAME account, there is no space in the account name Payroll expenses:Wages 🤯
@HectorGarciaCPA2 ай бұрын
@@christinalyons6174 no space
@ccafKhmer11 ай бұрын
Hello, in Quickbooks oline plus, can we import budget plan?
@HectorGarciaCPA11 ай бұрын
Yes
@ccafKhmer11 ай бұрын
@@HectorGarciaCPA but my version does not have the option!
@HectorGarciaCPA11 ай бұрын
@@ccafKhmer are you in the US? Because I cant answer any questions on non-US versions
@ccafKhmer11 ай бұрын
@@HectorGarciaCPA I am in Cambodia!
@jessie16001110 ай бұрын
Is there a way we can add a header account and then a sub account. such as HEADER (COGS - Emergency ) SUB-ACCOUNT(s) (Materials), (Labor), (Overhead), (Sub-trade)...
@HectorGarciaCPA10 ай бұрын
Yea, you can have subaccounts. I though i covered that in the video
@jessie16001110 ай бұрын
Yes, sub accounts were explained, but i'm interested in knowing if we can add a HEADER account that reads (COGS- Emergency) so i can attach my sub accounts Kinda like quickbooks desktop allows. @@HectorGarciaCPA
@AccalaKessler6 ай бұрын
Hello. Does Hector have a video on how to record the healh insurance premium payments that are paid on behalf of an S-Corp owner who owns more than 2%? I know that my payroll provider is handling how it is reported on the owner's W2, but I am not certain how to code it in QBO. If he does not have a video on this, can you point me to any resources for learning the correct way to book these transactions? Thank you.
@HectorGarciaCPA6 ай бұрын
I don’t have a video on it. But basically, the company paid portion of HI is part of Salaries and Wages Expense
@AccalaKessler6 ай бұрын
@@HectorGarciaCPA thank you for your reply
@normavalderrama1170 Жыл бұрын
Hertor me podria decir que tax line escoger para Owner draw y para retained earning
@HectorGarciaCPA Жыл бұрын
cualquiera, no importan los "tax lines"
@jiaminghuang67482 ай бұрын
May I have a question? If I create a new account , just like a vehicle , and add a balance to it as of 01/01/2024. Then it will increase my asset, and change the amounts in my Balance Sheet. But what did I decrease? I know creating an account is not recording a transaction. But I keep worrying about the double side entries? Do you mind explaining it to me?
@HectorGarciaCPA2 ай бұрын
Equity
@jiaminghuang6748Ай бұрын
Got you. Thank you so much.@@HectorGarciaCPA
@sandysharpe58192 ай бұрын
I have worked with chart of accounts for years and just watching this video gave me quite a bit of insight into better understanding the chart of accounts. Great video. Ps. I was trying to download the sample chart of accounts but with no success. Is is still accessible for download?
@HectorGarciaCPA2 ай бұрын
Great.. yeah its on the website
@chingkiey81605 ай бұрын
thank you Hector for this video - I learned many things from this tutorial.
@HectorGarciaCPA5 ай бұрын
:)
@hemanifinancials5 ай бұрын
Is there a way to do away with the default chart of accounts?
@HectorGarciaCPA5 ай бұрын
Have to delete all the accounts manually
@harrietdiedering5755 Жыл бұрын
Hi Hector, just love your videos! Quick question, if I start e.g. with the Essentials version on your discount link and change to Plus a few months later, will I keep the 30% off or are they lost then?
@HectorGarciaCPA Жыл бұрын
In the system, you lose it, but if you email me hector@garciacpa.com i can have my Intuit contacts fix it after the fact.
@harrietdiedering5755 Жыл бұрын
@@HectorGarciaCPA Thanks for answering that quick!
@EdgarUSA10 ай бұрын
Thank you Hector. Super important information
@HectorGarciaCPA10 ай бұрын
My pleasure!
@fatimahabdrahman37545 ай бұрын
Hello Hector. Thank you for a very informative video. In your presentation, I saw a list of accounts such as the owner's draw and personal expense account. Do those 2 have different meanings , or can we use them interchangeably? Does the owner's draw refer to salary? Thank you. Fatimah
@HectorGarciaCPA5 ай бұрын
They are the same at the end of the day
@fatimahabdrahman37545 ай бұрын
@HectorGarciaCPA thank you for the quick reply. I appreciate it very much.
@karenmaeabao631011 ай бұрын
You saved me Hector, thank you so much.
@HectorGarciaCPA11 ай бұрын
Glad to hear it!
@SicontEnterprisesofAmericaIncR11 ай бұрын
Hola hector, yo importo un plan de cuentas pero esta activa la empresa se reemplaza las otras cuentas .
@HectorGarciaCPA11 ай бұрын
No. Las anañade
@KeithShivner-bw6dz9 ай бұрын
How would add phone expenses when you're using your own personal phone? What % of the bill is applied to business expenses? Where would you post that, reimbursement?
@HectorGarciaCPA9 ай бұрын
50/50 is a good starting point
@innerpeace71066 ай бұрын
can you share the pratice file all the section.TIA
@HectorGarciaCPA6 ай бұрын
Not available
@iuliia791411 ай бұрын
Thank you for your explanation. Could you explain please, how create in new version QB sub account, I tried but it doesn’t gives to me to do it. Thank you Sir again for your support us
@HectorGarciaCPA11 ай бұрын
I think it was explained in the video.. no?
@iuliia791411 ай бұрын
@@HectorGarciaCPA I understood, that’s looks so strange, when you create account everything is ok, but second version doesn’t give me created sub account. When I was in first version I never had this issue. Could you help me please. I am studying the program and preparing for certification. Could it be a problem with the version?
@HectorGarciaCPA11 ай бұрын
I cant see what you are seeing @@iuliia7914
@HectorGarciaCPA11 ай бұрын
@@iuliia7914 yes, or the country
@DiegoCasagrandeOnline9 ай бұрын
Great video! Helped me a lot! Thank you!
@HectorGarciaCPA9 ай бұрын
Awesome
@peejprz14 күн бұрын
Thank you for sharing your knowledge sir! bless you!
@HectorGarciaCPA13 күн бұрын
:)
@BardenAccounting11 ай бұрын
When adding the assets, why wouldn't you just book the full value of the truck and then create a separate accumulated depreciation - vehicles account with the accumulated depreciation amount for the vehicle?
@HectorGarciaCPA11 ай бұрын
That can be done too.. there is no rule saying that is wrong or right
@GrethelAnnQuinto9 ай бұрын
hello hector, can you share the QB chart of accounts with us? thank you.
@HectorGarciaCPA9 ай бұрын
Links are in the video description
@iuliia791411 ай бұрын
Hello Sir. I’m so grateful for your support. I have a question for you. I tried to enter the initial balances in the bank account, but the program does not show this option. could you explain to me how I can get the leftovers when I start working with the program. thank you in advance and with respect to you.
@HectorGarciaCPA11 ай бұрын
Once the account is created, that option goes away. So you need to do it via a journal entry
@iuliia791411 ай бұрын
@@HectorGarciaCPA Thanks for your attention to me. It was never been created . It’s such trending QB format that never gives to me to do that. Jus only when I opened sample firm I can to do that. Of course I did everything with journal entries. Thank you for your help Sir. Could I ask you another question please. How I can to find mistakes with some journal or special report. Have a great day for you. I’m so grateful. 🙏🙏🙏 you are the best
@iuliia791411 ай бұрын
@@HectorGarciaCPA I just want to note that I tried to this action in training version.
@HectorGarciaCPA11 ай бұрын
@@iuliia7914 dont know what you are asking
@sunlight38193 ай бұрын
Very helpful video. Thanks for sharing!
@aleenaosama14 ай бұрын
I just joined a new client, his qbo is pretty messed. The deposits are added as payment. How can i rectify.. 😢
@HectorGarciaCPA4 ай бұрын
Wow.. you might need to change the payments account to undeposited funds
@aleenaosama14 ай бұрын
@@HectorGarciaCPA any simple way to do it, or any of your videos can guide me with it? Or should I do it the regular way.
@rainierproducts145711 ай бұрын
Great video, Hector! I can see this is not your first rodeo. Is there any way I can get my hands on your custom chart of accounts. That would save me a lot of time.
@HectorGarciaCPA11 ай бұрын
I sell it to my non-clients: qbkaccounting.com/ultimate-chart-of-accounts-for-quickbooks-desktop/
@parkashmagar84689 ай бұрын
I can't connect the dot which may be due to lack of practical knowledge can you suggest me how to make sure learn qb really fast,, it's headache to me😢
@HectorGarciaCPA9 ай бұрын
“Fast” is not a thing. It takes months of practice to start getting comfortable with it
@parkashmagar84689 ай бұрын
@@HectorGarciaCPA is there scope now too like I was trying to learn tally but many stds says about Xero and qb so I am learning them now, I am part qualified ACCA I am lost I don't know what to learn what not to, to many riddles to solve I think I would lost my mind🥲 And thanks for your reply
@Sbdbbookkeeping2 ай бұрын
very informative video. thanks you for the great content 😊
@HectorGarciaCPA2 ай бұрын
Glad you like it
@jessireadsthings9 ай бұрын
THANK YOU, THANK YOU! This video saved me so many headaches. I have a quick question if you (or anyone) could answer. I'm starting a sole proprietorship and have $5000 of my own money to invest for start-up costs, any idea how I would set up an account to track that? Not sure if it should be classified as an Uncategorized Asset or some type of income? Thanks in advance!!
@HectorGarciaCPA9 ай бұрын
You can have an account called that literally
@DenissKaskurs4 ай бұрын
Thank you for your great tutorials.
@HectorGarciaCPA4 ай бұрын
My pleasure!
@MIRGIANVANESSAVARELAVENTURA11 ай бұрын
Saludos Hector, me puedes ayudar? necesito un tutorial completo de Quickbooks en español
@HectorGarciaCPA11 ай бұрын
No hay en mi canal
@josemarieaviles11 ай бұрын
Hello Sir, I am starting to binge watch your videos about QuickBooks, aside from this 2024 playlist that you have recently created, what other playlist of yours would you recommend? I'm an accountancy student and planning to be a virtual bookkeeper at the same time.
@HectorGarciaCPA11 ай бұрын
2024 playlist is the best option for QB videos
@josemarieaviles11 ай бұрын
@@HectorGarciaCPA thank you so much
@nicardopinnock63896 ай бұрын
Can you share your version of chart of accounts with us?
Hello Sir. Nice videos and it's easy to understand.
@HectorGarciaCPA11 ай бұрын
:)
@jullienoble854711 ай бұрын
@@HectorGarciaCPA I just want to ask about Chart of account Sir. what is the best account title for Fund Transfer the reason of fund transfer is converting US currency to Canadian Currency. Then vice versa. I'm using Canadian QBO right now.
@HectorGarciaCPA11 ай бұрын
@@jullienoble8547 where is the money transfering to?
@jullienoble854711 ай бұрын
From US to CAD.
@MinervaCorral-p6r5 ай бұрын
Do you provide QuickBooks training in Spanish?
@HectorGarciaCPA5 ай бұрын
@@MinervaCorral-p6r we offer private training in spanish and english
@bethgalano287411 ай бұрын
Thanks Hector! Great Job!
@HectorGarciaCPA11 ай бұрын
Glad you liked it!
@mardelascott79364 ай бұрын
Great information! Really helpful!
@HectorGarciaCPA4 ай бұрын
Glad it was helpful!
@Salvan458 ай бұрын
Hector How come I cannot enter an amount in my chart of account .
@HectorGarciaCPA8 ай бұрын
I don’t know why YOU can’t. But in general it needs to be a balance sheet account only and with no activity
@kuldeepdadhich93129 ай бұрын
Fantastic Knowledge Thanks for this wonderful class
@HectorGarciaCPA9 ай бұрын
Thanks and welcome
@preciousmoyyo3 ай бұрын
Where do I add the currency?
@HectorGarciaCPA3 ай бұрын
You need to turn it on first
@KingTV68 ай бұрын
It wasn't helpful but superbly helpful. Much Appreciate!
@HectorGarciaCPA8 ай бұрын
:)
@Connie-ss6ht6 ай бұрын
Can I have an excel copy of your chart of account spreadsheet please?