Wave Accounting

Description

Wave Accounting

This course will use free accounting software which is an excellent tool to practice with.

This course will jump right into bank feeds and how to use them.

Many accounting software courses will spend a lot of time talking about how a full-service accounting system works. We do recommend spending time learning the full accounting process, and we do have courses that do just that.

However, many small businesses want to get right down to data input as fast as possible, and others already have a good understanding of the system and want to focus specifically on bank feeds.

We will focus on bank feeds in this course.

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For example, some small businesses may be perfectly happy using a cash basis system and will, therefore, not need some of the functions used in a full accounting cycle. Businesses that use a cash basis model can structure their data input to be much more heavily dependent on the bank and bank feed data.

We will discuss types of businesses that fit well into a cash basis model as we work through the practice problems. We will also discuss some problem areas many businesses have and how to set up a system that works for them.

This course will work through a practice problem and will provide test data that learners can use in their system to follow along if they choose.

Contenu du cours
8 sections • 36 sessions • Durée totale: 4 h 47 min
Aperçu
10:45
Data Files to Download
00:01
315 How Do Bank Feeds Fit Into My Accounting System
08:13
Aperçu
04:50
Data Files to Download

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00:01
Aperçu
05:34
360 Download Transactions From Bank
10:49
365 Import Bank Data
05:51
Data Files to Download
00:01
370 Add Expense Transactions
13:10
375 Add Capital Expenditures
10:59
380 Add Inventory Purchase
12:00
385 Add Amount Paid for Investment
06:36
390 Add Owner Withdraws
06:15
395 1 Customer Deposit
10:26
400 Sales Tax Calculation
09:51
405 1 Deposit Loan
06:13
405 2 Deposit Owner
05:01
406 Bank Beginning Balance
09:18
407 Bank Reconciliation
07:38
Data Files to Download
00:01
415 1 Upload Bank Transactions
05:55
415 2 Add Expenses
16:47
420 Add Insurance
07:58
425 Add Payroll Checks
10:30
430 1 Add Inventory
09:25
430 2 Add Loan Payment
11:42
435 Add Draw
07:08
440 1 Receive Payments On Invoice
12:43
440 2 One Deposit Two Invoices
11:24
445 Sales Receipt & Bank Feeds
13:31
450 Bank Reconciliation
07:00
Data Files to Download
00:01
460 Credit Card Bank Feeds Upload
11:07
465 1 Add Credit Card Bank Feed Data
11:50
470 Reconcile Credit Card
06:52

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