QuickBooks Online Made Easy For Small Companies

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thequickbooksdude

thequickbooksdude

Күн бұрын

Пікірлер: 178
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
This is guaranteed to be the best intro to QuickBooks tutorial ever!! If you just want to get your bookkeeping out of the way so you can run your company, then this video is for you. 90% of all small business owners can use QuickBooks Online in this way. It’s exactly the way accounting firms would do your books in a fast, express way so that they can just do the taxes. If you do it yourself, you have more control and you can have a profit and loss and other reports that really help you manage your business while spending the least possible amount of time. Sign up here. quickbooks.intuit.com/online/plus/ I won’t waste your time with any topic that you don’t need to learn. Here’s the link to sign up I hope you will “like” and subscribe. -Mark
@mpoygabo8135
@mpoygabo8135 Жыл бұрын
thank you for the free and the best! tutorial.
@ericaradcliff711
@ericaradcliff711 8 ай бұрын
Do you have a video covering commerce on QuickBooks?
@d.m.958
@d.m.958 8 күн бұрын
The way you explain it and break it down in such a simple way to understand is just amazing.
@marksmolen9303
@marksmolen9303 Жыл бұрын
The new microphone and the new animations work perfectly I think everybody everywhere would benefit from watching this video no matter what
@chxnxclxxr
@chxnxclxxr 3 ай бұрын
02:14:08 Mark explains the impact of the transaction on the trial balance: • DELIVERY EXPENSE will increase by $120 to $2,480. • HOLDEN’S CAPITAL INVESTMENT will also increase by $120 to $4,200. Thanks, Mark, for being a great teacher! Learners, don’t worry if you got $2,420 for DELIVERY EXPENSE in QBO after recording EXAMPLE 2 JANUARY 28, but Mark showed $2,480 before QBO. As you’ll see at 02:15:59, after Mark records the transaction, both you and he end up with the same debit balance $2,420 for DELIVERY EXPENSE. That’s correct.
@worldwidequickbooks
@worldwidequickbooks 3 ай бұрын
Thanks
@ThekingofBAC
@ThekingofBAC Жыл бұрын
Thanks!
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
My pleasure I hope it helped you Mark.
@chytealthedeal
@chytealthedeal Жыл бұрын
Best QB/Bookkeeping Teacher on KZbin 💯💯💯
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you so much I'm glad it helped and if you like the link to the self-employed bookkeepers coarse please let me know. I'd be happy to have you in the bookkeeper's course after you finish this. And I hope you will click like and subscribe to help support the free time of for Everyone Mark
@chytealthedeal
@chytealthedeal Жыл бұрын
@@worldwidequickbooks I am actually going thru the Self Employment course now and finishing this part so I can go back to the first video. Looking forward to completing all 4 videos in the series💚! Amazing resource!!!
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank yoiu so much!! I'm happy to help if you need any more QuickBooks topics or have any questions. -Mark
@chytealthedeal
@chytealthedeal Жыл бұрын
@@worldwidequickbooks Curious....I'm working in a sample company and I just had a brand new feature pop up "Books Review". It looks awesome. I checked your channel but cant find any info on it or maybe I'm overlooking it🤪. Do you have a video teaching about the "Books Review" (on company view directly under Overview option on left panel)? Thank you.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Oh, Hello Chyteal, SOrry but sometimes I don't see comments if there are many replies. I did not yet make any videos on the accountant features. You really don't need them as a self-employed bookkeeper if you are doing everything the self-employed bookkeeper's video shows. -Mark
@lenji41
@lenji41 10 ай бұрын
This video is absolutely great. You explain everything so clearly
@worldwidequickbooks
@worldwidequickbooks 10 ай бұрын
Thank you for the compliment and I'm glad it helped you and if you need any other video please let me know I hope you will click like And subscribe Mark
@jeffmorrison8546
@jeffmorrison8546 Жыл бұрын
THIS OL BOY KNOWS HOW TO TEACH!! HE GETS TO IT AND DONT TALK TO JUST TALK LIKE THE REST!! HE SPEAKS WITH COMMON SENSE AND UNDERSTANDS U DONT NEED HALF THE STUFF THE OTHERS WAIST TIME TO TALK ABOUT BECAUSE HE TELLS YA WHAT YOU NEED AND THAT IS IT.. I UNDERSTAND WHAT THE BEAN COUNTER DO NOW AND WHAT THE WORDS MEAN. THANK YOU SIR!! ID PAY FOR YOUR LEASON'S AND THANK YOU FOR IT BEING FREE!
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you So much! It makes it worth it when good people express appreciation and I hope you remember to click like after watching each video to help support the free channel for everyone and please subscribe Mark
@Margieamitchell
@Margieamitchell Жыл бұрын
we own a small furniture store, what video is the best video for me to watch and is QB actually a good fit for our type of business.?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
The one you are watching is good but the complete tutoriaal is the most popular becuase it will give you a full foundation of the overall things a furnature stire woule need........ kzbin.info/www/bejne/l6C6mJt_aNCppsU After that, you just need inventory and sales tx as additional areas of data to manage. kzbin.info/www/bejne/goq0fKGpjr2moLs Let me know if you need to collcect sales tax and I will give you that r any other additioanl aread you may need. I hope you will click "like" and subscribe. -Mark
@rodrigocorella9993
@rodrigocorella9993 Жыл бұрын
Excellent tutorial very clear and simple to understand. Thank you Mark.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
It's my pleasure I hope you will click like after watching each one and subscribe and i'm here if you need any other topic or have any questions Mark
@syedsabbirhossain-v9j
@syedsabbirhossain-v9j 4 ай бұрын
nice very good presentation about quickbook training on line
@worldwidequickbooks
@worldwidequickbooks 4 ай бұрын
Thanks for the kind words and I hope you will click like after watching each video to help support the free channel for everyone and please subscribe Mark
@TirugetMitiku
@TirugetMitiku Жыл бұрын
THANKS FOR YOUR NICE TEACHING.I WILL GO ONCE AGAIN TO THE VIDEOS TO CLEAR ANY DOUBTS.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you so much Yes that's a very good idea I have a video for every quick book so quickbooks online topic and please ask me if you're looking for anything or search the channel page. I always want to help and I hope. You will remember to click like after watching each one to help support the free channel for everyone please subscribe Mark
@stevenpeach6971
@stevenpeach6971 2 ай бұрын
My numbers don't match: At time index 1:52:24, ATM W/D from bank of $400, deposited to Cash. The final results are: Cash on Hand $1200, Chase Bank $8000. I was able to match these. But then at time index: 1:58:00 the balances are Cash on Hand $800, Chase Bank $8000 are off by $400 each. At time index: 2:02:48 all my numbers match, except I have Cash on Hand $1200, Chase Bank $6900. $400 difference from the video for each. Did something happen with the $400 deposit to Cash from the Bank at the first time index? Thanks.
@worldwidequickbooks
@worldwidequickbooks 2 ай бұрын
Thank you for being a loyal student than a loyal fan but unfortunately I do not have the numbers that memorized You have to use logic and the type of logic that we learned in the course to figure out what type of transaction you made the mistake with by looking at the specific accounts of the trial balance that are not correct That will give you a clue as to which transaction was recorded incorrectly This video does show how to find and fix Mistakes by opening up the trial balance So make sure you reviewed that part of the video and apply that and I'm sure you will find your mistake
@marcellatruncali4971
@marcellatruncali4971 Жыл бұрын
This video empowers people to do their own bookkeeping. Thank you
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thanks marcella that's exactly what I was going for and I appreciate the kind words
@annaufal3509
@annaufal3509 Жыл бұрын
Hi, I have a question. So at 1:55:00 . At the end of chapter 12, Cash on hand balance is 1.200 and Chase Bank is 7.600. Why in the beginning of Chapt 13 at 1:57:58, the balance is different? Is it because you don't include the last example of chapt 12?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking and I appreciate you watching but I don't understand what you are referring I'm sure if you watch that section carefully and just follow the video. You will have all the understanding that you need. Mark
@annaufal3509
@annaufal3509 Жыл бұрын
Hi, thank you for the reply. What I meant was the cash on hand balance should be 1200 and the Chase Bank balance should be 7600 by the end of chapt 12. And they should stay the same at the beginning of chapt 13. But, instead they (cash on hand and chase bank) have different balance in the beginning of chapt 13 which are 800 and 8000.
@annaufal3509
@annaufal3509 Жыл бұрын
Hi, I have a question. At 48:41 , when I want to make a new account. My quickbooks doesn't show the same as yours. When I want to choose the account type, there is no Bank. But the 'bank' choice is in the detail type. So what should I choose in account type? And there is also no tax form section. What should I do?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for watching thank you for asking.. The video clearly explains that you must have the plus version of quick books on line.only a plus version subscription. We'll have the vital features and that's why I use it for all my videos and that's why there's a difference.. You could still sign up fresh with a new email dress. That's a different from the email address that you already signed up with.this time. Try to make sure that you choose plus version subscription level. Mark.
@annaufal3509
@annaufal3509 Жыл бұрын
Hi. I just made a new account and I have chosen the plus version. And still it shows different than yours. Is it because I'm using the global version? Cause I don't live in the USA
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you but if it simoply has different colors, then it is not different. Maybe that's the issue. This video is showing the most current QBO interface. What exactly are you missing? -Mark
@annaufal3509
@annaufal3509 Жыл бұрын
Oh, I figured it out. I looked it up on google and Yes it happens when I'm not using The USA version
@VickyAgor-wu5en
@VickyAgor-wu5en Жыл бұрын
Thank you so much for thus tutorial 🥰
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Glad it was helpful! I hope you will click like and subscribe Mark
@BenjaminUnigwe
@BenjaminUnigwe Жыл бұрын
Hello pls is there a difference between Ap , Ar and GL if yes pls help explain.. also can tax be calculated on QuickBooks pls help explain...
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking I'm happy to help The best way to tell you is to show you This tutorial will explain the concepts that you asked about kzbin.info/www/bejne/l6C6mJt_aNCppsU Watch it in proper order and watch it carefully and the question to asked about will be explained Mark
@rommyramadhany6606
@rommyramadhany6606 Жыл бұрын
Thanks for your help, my local business is now has good financial report by utilize qbo
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for telling me I'm very glad it helped. I didn't have a video in anything else quick books. If you need.I hope you will click like and subscribe Mark
@MarijkeRobinson
@MarijkeRobinson 10 ай бұрын
Excellent presentation! Thank you! Question: Am paying insurance expense via autopay via Visa Card which is linked to my Bank Account - How do I handle that transaction?
@worldwidequickbooks
@worldwidequickbooks 10 ай бұрын
You would record that the same way you would record any other expense shown in this video Is there a reason why you should not? Mark
@KeishaGuiler
@KeishaGuiler 5 ай бұрын
I appreciate this video. Please explain why in the video, the purchase of supplies is under the "Supplies Expense" chart of account. I do understand that the transaction itself is an expense, however, I was taught that Supplies is an Asset, and falls under the Asset chart of account labeled "Supplies". Thanks!
@worldwidequickbooks
@worldwidequickbooks 5 ай бұрын
If supplies are used as soon as their purchase they can be an expense you don't need to put them as an asset and then make the adjustment later because this is the more practical way to do it Your question is also an accounting question it's not really a QuickBooks functionality question so if you're interested I have a really really great accounting tutorial that explains things clearly in a fun way and if you want I'll send you the link just let me know
@queeningenious83
@queeningenious83 8 ай бұрын
Hello Mark, I am grateful to have found your channel. I have 2 questions. #1 On chapters 4 and 5 is there a way to erase the information we entered? I ask because I would like to see if I can remember how to get there and do it all over again. #2 What happens after the 30 day trial is over and I still just want to practice? Thank you
@worldwidequickbooks
@worldwidequickbooks 8 ай бұрын
Thank you for asking Unfortunately, quick books online does not have a batch.Delete feature so you would have to go through the register one by one and delete everything one by one back 20 or back to the place that you want to start After 30 days you'll be able to see your information.But you will not be able to do anything in the account unless you pay months by months I hope you will click like after watching each one to help support the free channel for everyone and please subscribe.And I'll hear if you have any more questions Mark
@queeningenious83
@queeningenious83 8 ай бұрын
Thank you. I am a new subscriber and clicking like on your videos. 😊
@RobertHall-g9b
@RobertHall-g9b Жыл бұрын
How do you record business expenses or credit card payments that are made with credit card reward points? Our company gets reward points with Home Depot and American Express.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking The cost basis concept in accounting dictates that the points are irrelevant For example,if you simply paid $95 for a desk or furniture for your office instead of paying a $100 because of the points. , you would record the purchase at $95. If you don't get the points until afterwards and they lower your credit card balance. , then you have to make a journal entry that decreases the expense or asset of the original purchase by the amount of the reward points.
@stevenpeach6971
@stevenpeach6971 2 ай бұрын
Question: How do you enter this info into the client account? I have QB Trial with me as the accountant. I have Holden's Wedding Video Co as a client, but when I try to enter customers, vendors, reports, and chart of accounts into that customer, it enters it into my QB, not the client's. I can't seem to find a way to do this. Also, my cursor has become a circle with up & down arrows and a dot in the center and I can't change it back.
@worldwidequickbooks
@worldwidequickbooks 2 ай бұрын
I suggest you call tech support for the cursor issue and for your original question I suggest you reword the question because it does not sound rational Mark
@victortorres3187
@victortorres3187 Жыл бұрын
Thank you for such a great video!
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
I'm glad it helped you and thank you so much for telling me. There's a whole lot more. You can learn in quick books and you can just ask me for any topic you like and I'll send you the link to the video. I only asked that you click like after watching each one to support the free channel for everyone and please subscribe Mark
@victortorres3187
@victortorres3187 Жыл бұрын
@@worldwidequickbooks thanks again!
@Lela.Martin
@Lela.Martin Жыл бұрын
I went to Chapter 13 and the timestamp brings you back to the beginning of the video. I would like to know how to record partial expenses. For example part of the cell phone bill is counted toward business and part is personal. Thank you so much for these videos!
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you you can split the payment In the expense window, you can put the portion that goes for personal on one line and the portion. That goes for business on the next line The personal portion should have the account category for owners. Withdrawals and the business portion should have the account category for telephone expense or utilities The total of the payment is the same, but the individual lines for the individual accounts should be the amounts respectively Mark
@AyoolaOlokunbola
@AyoolaOlokunbola 9 ай бұрын
Hi Mark. Please do I need to have a registered Company to sign up for the free trial or could I do it in my name?
@worldwidequickbooks
@worldwidequickbooks 9 ай бұрын
But I don't know what you mean by please do. Did I promise you a playlist before? If so then you would need to respond to my prior Response for me to remember you but if you remember What videos I was supposed to send you. Please let me know by replying to this comment Mark
@anithrahebard8108
@anithrahebard8108 Жыл бұрын
How would a small business categorize inventory under the cash basis method? I know it's an Expense. Is it categotized under Supplies? If so how is the income accounted for in the QBO software?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you and I'm glad you asked but unfortunately. That's an accounting question not a quick book's question.. However,if you are suggesting inventory on a cash basis and your determinant to make it an expense like supplies. , then I don't really understand what information you're missing. Mark
@anithrahebard8108
@anithrahebard8108 Жыл бұрын
@@worldwidequickbooks I was asking if inputting the inventory as an expense is the right way to do it if you do decide to use the cash basis. I wasn't sure if that was the right way to approach it.
@Ash_leyqb
@Ash_leyqb Жыл бұрын
Hello thanks for this video, for the chart of accounts- if I’m going to be paying myself should I use owners pay and personal expense or should I create an account for owners pay
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you, for asking This video shows thatwhen the owner takes money from the company for themsleves, this is "owner's withdrawls". That would be the way to record "paying yourself". -Mark
@johnnsonbarasa9712
@johnnsonbarasa9712 Жыл бұрын
Hello teacher, I'm kindly requesting if this session could of used to me. This is because I want to open an Accounting and Tax Consultancy Company. Please advise me accordingly. Thanks and be blessed in advance.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Yes, sure, Start with thgis video and the video's that this video refers you to. Then, tell me when you finished them and I will send you to the next things to learn. -Mark
@RIOVAZS
@RIOVAZS Жыл бұрын
Hello Mark, thank you for your wonderful tutorials. I would like to ask you what would be the best category for a owner drawn from a C-corp in QuickBooks online?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking, Numbers 29-31 in this playlist show the main ideas. In a "C-corp", you call "owner's withdrawls" another name; "dividends paid to shareholders". That's all I can tell you and you will need some basic accounting if you want to know more about why it's called that. -Mark
@LorieMayo-w7e
@LorieMayo-w7e 11 ай бұрын
How do you print checks in QBO
@worldwidequickbooks
@worldwidequickbooks 11 ай бұрын
This is how kzbin.info/www/bejne/i3mYYYemgL2Kl6M
@abdulrahimmalik9184
@abdulrahimmalik9184 Ай бұрын
"Hi Mark, I just signed up and started exploring QuickBooks. However, I noticed a small change in the Chart of Accounts. Now, a new popup appears with 'Account Name,' 'Account Type,' and 'Account Detail.' In the video, it shows options to "Save account under" and other "tax form section", which seems to have changed. How should I handle this difference? Thanks!"
@worldwidequickbooks
@worldwidequickbooks Ай бұрын
The video is showing the same thing that you see one of those fields is simply a account name one of those fields is simply account type and one of those fields is simply detail type so tax mapping is detail type and the other two FIT the other two fields Just try it that way and you will see and confirm that you're okay and I hope you will click like And subscribe and stay in touch
@DavidRitchie-o5d
@DavidRitchie-o5d Жыл бұрын
How do I track the inventory sold on my Amazon store using SKUs
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking Here is the link to the Amazon quick books online playlist and if you watch It in proper order. I promise you will have your question answered kzbin.info/aero/PLqRhgBZfJuE70qBcsCCRF65h_5pDQCGr9 After watching them you'll see that it won't take them on cause. They're all the few minutes each and I'm here if you have any follow-up questions. Mark
@PatriciaPlourde
@PatriciaPlourde 9 ай бұрын
I’m inquiring about how you call up the sample companies to practice on
@worldwidequickbooks
@worldwidequickbooks 9 ай бұрын
You can google search to find how to sign up for the free thirty day trial version of quick books online I may have put a link to that in the description field somewhere or you can just Click and sign up Bark
@jpong2143
@jpong2143 Жыл бұрын
Very nice video and quality compared to before. Please make a full course Quickbooks online for real estate industry as well as for medical practice.. I have clients in those
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you I got a better microphone and have a better way of presenting the animations as I improved my delivery over the years I have already made a little video series and it's a playlist that you must watch in proper order and it is quick books online for landlords and it shows exactly what you need to do It's the older quickbooks online interface made with the older quality but if you watch the playlist in proper order, you will see how this method makes everything fit together perfectly and all of your landlord clients will have everything they need from quick books online QuickBooks ONLINE For Landlords: kzbin.info/aero/PLqRhgBZfJuE5sTNbBRCnTBVxKzSeEdhyc I only ask that you remember to click like after watching each one to help support the free channel for everyone and please subscribe Mark
@jpong2143
@jpong2143 Жыл бұрын
@@worldwidequickbooks thank you mark
@pau9141
@pau9141 Жыл бұрын
Is this the newest QBO version?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Yes this was just finished yesterday You must have the plus version of quick books online for the important features that you will need Mark
@pau9141
@pau9141 Жыл бұрын
@@worldwidequickbooks awesome.. will watch this and share to others
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
@@pau9141 Thank you so much!! It's really the best tutorial for QBO ever. You will see. -Mark
@mohainimahabob1487
@mohainimahabob1487 6 ай бұрын
Hi Mark It may be an oversight on my part as I still couldn't find yr mentioned link to the QBO free trial below this video. So I searched online and landed on Intuit's QBO Free Trial pg. There, the welcoming message reads 'To check out products designed specifically for your country, please visit the Malaysia site.' I'm fr Malaysia but interested to do bookkeeping tasks for clients worldwide, including Malaysia. Pls advise which site (whether CA or MY site) should I proceed to in order to get the free trial. Mohaini P/S: Thank you for sharing your valuable knowledge.
@worldwidequickbooks
@worldwidequickbooks 6 ай бұрын
Thank you for the kind words and thank you for being a good student and fan The free versions are only available inside the us and it does not matter which US state you live in I hope you will click like after watching each one to help support the free channel for everyone and please subscribe Mark
@AyoolaOlokunbola
@AyoolaOlokunbola 9 ай бұрын
please under chapter 6 , when i click transaction list by customer and choose all dates it does not give the run report option. says my selection doesn't have any information. How do I populate it with information. The same applies to the Transaction list by Vendor.
@worldwidequickbooks
@worldwidequickbooks 9 ай бұрын
Thank you but if you are recording everything in the way that the video shows, Then I cannot really know why your reports are empty without sitting next to you and seeing exactly what you're really doing There may be some new ones or some small thing that you're missing that I cannot see because I am not with you You may want to contact quickbooks , support and tell them you have a technical issue and see what they say Is mark
@likemoko8925
@likemoko8925 10 ай бұрын
Hi sir mark..do you have a video tutorial for e commerce bookkeeping..
@worldwidequickbooks
@worldwidequickbooks 10 ай бұрын
Yes I have kzbin.info/www/bejne/aHm5eX6joL6Hpqc Please let me know what you think. And I hope you will click like and subscribe to help support the free channel for everyone Mark
@AyoolaOlokunbola
@AyoolaOlokunbola 9 ай бұрын
I am contemplating working with small businesses to manage their books. This option does not seem to be available for QuickBooks online set up. Please advise.
@worldwidequickbooks
@worldwidequickbooks 9 ай бұрын
I advise you to ask a Question about how to use quick books That's what this channel is all about I can't give you career advice. So I'll tell you if it's a good idea to work for a small business and manage their books that has to be your decision Mark
@trader.ahmed.ramadan
@trader.ahmed.ramadan Жыл бұрын
Can we use sales receipt instead of bank deposit to make the journal entry ? What is the difference between both ?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you you will find out what the Differences if You Experiment and try To Do each one.recorded each of the 3 Different ways and Then look at the. Reports and see what happens. Mark
@masaudkhandigital533
@masaudkhandigital533 Жыл бұрын
Sir now I have practice on it , when I want create bank account for checking so than there's no checking in details type only aromatically appears cash and cash equivalents in account type
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you but the beginning of the video clearly explains that you Need to have the plus version of the software Mark
@abdullah68754
@abdullah68754 Жыл бұрын
Thanks mark for this great video. Please make a video about cleanups. How to do cleanups for clients? What do we need for doing cleanup? Please reply. Thanks
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you very much!! "Clean-ups" mean you have many errors. The proper way to "clean-up" is to do your reconciliations for your bank accounbts and your credit card accounts. You also would reconcile vendors and customers if you have them. Here is a playlist for all of that.. kzbin.info/www/bejne/qIezfoytbZmIl6c If you do what this playlist suggests and you seee you have to much of a mess, then you need to start over with correct begininbg balances................ kzbin.info/www/bejne/iH-2pX1vjrajq9U You must watch them in proper order to understand. If you need to import from the older, correct data, let me know, I have a playlist for that as well. -Mark
@abdullahsayal6154
@abdullahsayal6154 3 ай бұрын
HEY MARK! A QUICK QUESTION , HOPE YOU REPLY On January 18 there was a transaction where the money was took out from chase bank account and put in cash on hand account and you recorded it as Bank Transfer BUT there is another transaction on january 21 where it was almost the same but you recorded it as deposit or expense in the Register. Why is that so? are'nt these two are same?
@worldwidequickbooks
@worldwidequickbooks 3 ай бұрын
Thank you.I don't know what you're referring to but there is more than one way to record a transaction and quick books on lineThank you.I don't know what you're referring to , but there is more than one way to record a transaction and quick books online The most important thing is that you get their correct result So if the result is the same that it won't matter But if what your referring to Implies that The result should be different than please Describe it more and I will explain Mark
@jpong2143
@jpong2143 Жыл бұрын
Hi Mark, question. What if client linked and connected his personal credit card and some expenses are business related? How do I record that?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking You should not link your personal credit or bank account To your quick books and if you do you should disconnect it If there are transactions in the personal account whether it's bank or credit card account, they should be recorded in the capital account register for the withdrawals account register depending on what they are but you should not link a non-business bank account even if that account has a lot of business transactions. Use this playlist and you will see QuickBooks Equity Transactions, Accounts, Adjustments And Owner-Related Journal Entries: kzbin.info/aero/PLqRhgBZfJuE7ZB_1P97kFKntwstDBa6Tm You don't have to watch The 1st few videos but you should really watch the whole playlist in proper order to get everything you need but in your case just the last few videos will answer your question Mark
@jpong2143
@jpong2143 Жыл бұрын
@@worldwidequickbooks thank you mark, so what if client already accepted it in the bank feed and is now in the register, should i remove it and enter it manually under capital account? i am doing a clean up for last year 2022 and this is my concern
@ericaradcliff711
@ericaradcliff711 8 ай бұрын
Hi, you are amazing ! Thank you! I had an accountant who I thought was doing bookkeeping bc they told me I didn’t need to keep my qb account. Then I only seen profit and loss or balance sheet when I signed for taxes. My qb account had my Shopify linked to it the day I let them go but that was all. I’ve learned so much all month of march but I’m still so confused. I even have two qb accounts going on at once. Do you have any videos on Shopify users with qb online?
@RajarashidManan-kw5mg
@RajarashidManan-kw5mg Жыл бұрын
Sir Which one is best quick book or quick book pro best course
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you but this video is for simple small companies and the one. I'm giving you now. It's for larger complex companies and it's the best tutorial on the internet for quick books online. kzbin.info/www/bejne/l6C6mJt_aNCppsU
@trader.ahmed.ramadan
@trader.ahmed.ramadan Жыл бұрын
Excellent .. where are you from ?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you! I'm a native NewYorker!
@trader.ahmed.ramadan
@trader.ahmed.ramadan Жыл бұрын
Best teacher ever ❤
@christyliebel9500
@christyliebel9500 Жыл бұрын
HELP - Ok, so I opened a trial account, got the accountants view. Somehow the "help" menu got clicked and now 1/3 of my screen is being used by the Help window and I can't get rid of that window. It won't let me close it. Giving up for now.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
I'd love to help you, but that doesn't seem like a quick box issue. That seems like a Tech Support issue. You need to have somebody help you. Along with the computer and the quickbooks part will be easy from this video
@christyliebel9500
@christyliebel9500 Жыл бұрын
@@worldwidequickbooks thank you for the quick reply. I still haven’t figured it out though.
@waltercook-r7t
@waltercook-r7t 11 ай бұрын
how do i get to the coaureds
@worldwidequickbooks
@worldwidequickbooks 11 ай бұрын
Look under the video in the description field and you'll see the links to the other courses that this is referring to If you can't then let me know I'll send you the links Mark
@jpong2143
@jpong2143 Жыл бұрын
When paying down a credit card, why not just use a transfer? It's much simpler. Is there any reason why we are expensing it? or will I get same result as to when I used transfer?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you I had already mentioned that there's always 2 or 3 ways to record the same transaction and get the same results and they all take the same amount of time so if there really is no difference then you can record it the way that you want. Mark
@GaylePicht
@GaylePicht Жыл бұрын
In following your video on the reports section, you shared how to run a Transaction List by Customer however, I do not see that as one of the options in the Quickbooks I have. (Simple Plan). So far I am finding this tutorial very helpful since I do not have an accounting background.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you for asking and thank you for the compliment.. In order to follow this video and match the screen exactly You have to have the "plus" version or subscription of quick books online. You will have to upgrade your membership or sign up again with a different email with the Free. 330 day trial for the plus version. When you finish this tutorial I have plenty more for every other possible quick book's topic if you need. Please confirm your on track and stay in touch Mark
@IQRA-rp9fx
@IQRA-rp9fx Жыл бұрын
Hi, in case of withdrawal of funds from ATM and putting it in the cash box, we could have used the transfer instead of expense/ deposit, right?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Yes as mentioned 0 sometimes more than one way to achieve the same result in your reports. But the way that I show is the recommended way. Mark
@reaganpearson9794
@reaganpearson9794 Жыл бұрын
Great instructor
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you, Please ask if you need anything else in QuickBoosk and please click like and subscribe. -Mark
@rachelindgjer5616
@rachelindgjer5616 Жыл бұрын
When paying the credit card from the bank, could you just do a transfer?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Yes but remember you must make sure to put the transaction number in the transfer number As long as there's a space for that then you can use either window.. The results should be the same in the trial balance.. Thank you for watching. If you want the link to the course of how to be a self-employed bookkeeper or bank reconciliation or doing things fast for importing transactions please. Let me know. Mark
@ThePageBrand1
@ThePageBrand1 Жыл бұрын
Hello! In my Bank register, I have a couple of deposits that are in the negative. Why is that? And do I fix it? Thanks in advance
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Quickbooks does not allow you to record a negative deposit. Are you saying the bank took money out rather than put it in? What exactly did the bank do with this transaction and I'll let you know what quick books should do. Thank you for watching. I will stay with you until everything is clear Mark
@ThePageBrand1
@ThePageBrand1 Жыл бұрын
@@worldwidequickbooks I tried to reconcile my account and it didn’t give me a zero balance, after looking around to find out why, I noticed 2 different bank balances( in the deposit section of the bank register) that are in the red which might be causing my reconciliation to not balance out. I hope I explained that well. Looking forward to your reply and thanks for making these videos
@mvue1794
@mvue1794 Жыл бұрын
Q: How do I record HSA contributions as an LLC single member in QB? My wife has qualified for HDHP which allows me to qualify as a self employed.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
I don't understand your question you're not using enough abbreviations and business slang. Mark
@MuhammadIslam-up3jy
@MuhammadIslam-up3jy Жыл бұрын
hello sir, hope you are doing well . first off all i would like to thanks and i am very happy that i am learning QuickBooks online for free here. sir with du respect I am running my distribution channel in Pakistan any 90% of bookkeeping is still manual in our country in small business. now i want to convert my accounts from manual to QuickBooks online . but there is no course series about this topic .I want to learn how to convert my account from manual bookkeeping to QuickBooks online so kindly suggest me a course which is helpful i shall be very thankful to you .
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
kzbin.info/www/bejne/fJ7Eh2Rnf7Gpea8
@jeanettevangelista2628
@jeanettevangelista2628 Жыл бұрын
Thanks for the video, Mark. The tutorial is comprehensive and helpful to gain competence and confidence in handling QBO bookkeeping for small businesses.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Glad it was helpful! Please click "like" and subscribe to support the free channel for everyone and I'm here if you need anything. -Mark
@thivankadilshanlokuliyanag6070
@thivankadilshanlokuliyanag6070 Жыл бұрын
i can't payroll in my plus account. why is it.
@thivankadilshanlokuliyanag6070
@thivankadilshanlokuliyanag6070 Жыл бұрын
i mean i can't find payroll in my plus account.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Payroll was acceptantly added on subscription that you have to pay for separately
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Yes I know
@nuriaescalona6683
@nuriaescalona6683 Жыл бұрын
whycan't I delete payroll checks that are duplicate
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you. But payroll is an ad on application that has a separate fee that you pay monthly to add to your Quick books or quick books online. If you pay the monthly fees they have direct call in support and they have their own separate tutorials. Mark
@KwasiAgyei-j6l
@KwasiAgyei-j6l 11 ай бұрын
hello sir i work in a hospital how can quick book helps us in our daily activities.
@worldwidequickbooks
@worldwidequickbooks 11 ай бұрын
You can use it if you are doing accounting and bookkeeping of the hospital -Mark
@eliassheikh7551
@eliassheikh7551 Жыл бұрын
how to get client data for practice
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
The practice exercises for this video or inside the video you can just pause the video at the exercise moment Mark
@RobertHall-g9b
@RobertHall-g9b Жыл бұрын
What to do when the owner accidentally uses the business credit card for a personal expense?
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you but the video does show that Simply recorded the way you would any other payment. But then put owners withdrawals as the account instead of an expense Simply recorded the way you would any other payment. But then put owners withdrawals as the account instead of an expenseYou can click to open the description field and look at the table of Content To find the appropriate chapter To find the appropriate chapter. Mark
@chxnxclxxr
@chxnxclxxr 3 ай бұрын
Thanks for your amazing tutorial. I’d first watched this video: kzbin.info/www/bejne/aHm5eX6joL6Hpqcsi=oRHK9LcD2D3DQW4k Following the instruction in that video, I am now watching this video. 01:05:22 I cannot see Transaction List by Customer in the Reports > Standard. What is the substitute?
@chxnxclxxr
@chxnxclxxr 3 ай бұрын
Mark, could you please check if you have no Transaction List by Customer as I do?
@victortorres3187
@victortorres3187 Жыл бұрын
you need to be hired by quickbooks to make videos for them!
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you I will show them this comment and I hope that they listen
@Stephanpinto1
@Stephanpinto1 Жыл бұрын
Thanks, Mark. What an effort on YOUR part to produce such a great instructional video. My only failure in the final exam was I took the "cash payments" for the 2 test items out of the Cash account; instead of the intended Petty Cash account. After correcting this item, I "passed" 100%. Now, I need to move on to the QB suitable for a small bottling company. I will need inventory management. Any direction as to the QB version in this regard would be appreciated. Again, thanks.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Great job! Yes, I can help you. This playlist is all about purchasing and selling inventory. I don't yet have anything for manufacturing. However, before I give you the playlist, be clear what parts of "bottling" constitututes a service and what parts are inventory. kzbin.info/www/bejne/p3zadHZ3eqydick You may need the main tutorial after wwatching this video before you can really manage the oher aspects of purchasing and selling. kzbin.info/www/bejne/l6C6mJt_aNCppsU I hope you will remember to click "like" after each one to help support the free channel for everyone and please subscribe. -Mark
@ReviewsAndMore9
@ReviewsAndMore9 Жыл бұрын
Mark, you are a super great teacher. A question formulates in my mind, and then you say, “You might be wondering . . .” Or something to that effect. I’m not completely a beginner, but there are aspects I’ve just never understood before. I’m going to be setting up books for a KZbin content creator who earns from sponsors plus Google. Do you have a course specifically for such entrepreneurs?
@gsmcKenney
@gsmcKenney 9 ай бұрын
Mark- Perhaps I misunderstood, I was under the impression that you had developed QB and QBO. Please accept my apologies for the misplaced RANT. -gretta
@worldwidequickbooks
@worldwidequickbooks 9 ай бұрын
Thank you for telling me and I hope the rest of the world sees that i'm just a teacher and I don't really work for the quick books company directly I also love the desktop version but any.Way enterprise solutions is simply a more expensive version of the desktop.And they will never discontinue that because too many people use it and they make more money with it Mark
@prasenjitpurkayastha8586
@prasenjitpurkayastha8586 Жыл бұрын
share me courses.
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
I'm happy to do that Click on the Kitty below the video when you will get to the main channel page. You can search the main channel page for any quick books course or topic you like and I'm happy to answer your questions. Mark
@jasmin5968
@jasmin5968 Жыл бұрын
❤️❤️❤️❤️
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you very much i'm very happy to help Let me know if you need any other video in quick books. Mark
@joniparras
@joniparras 11 ай бұрын
QuickBooks is a horrible software, UI is really poor and not intuitive at all
@worldwidequickbooks
@worldwidequickbooks 11 ай бұрын
I feel very confident that if you were using the desktop version of quickbooks and you saw the proper tutorial that you would not believe that This tutorial for quick books online should help you. If you start from the beginning and follow along with me, i'm sure it will change your opinion Did you give it a try? Try to create a new plus version quickbooks. Online account by signing up with a different email and get free for thirty days and then try to follow along with this video You will see that it will work Mark
@frankr919
@frankr919 Жыл бұрын
Promo'SM
@worldwidequickbooks
@worldwidequickbooks Жыл бұрын
Thank you
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