Your cash journal $ and your bank statement $ don't match? A bank reconciliation is the way to go! Review how a bank reconciliation is performed and learn about what you might consider when auditing a client's bank reconciliation.
Views: 457828 AmandaLovesToAudit
Accounting for the reconciliation of bank balances using a bank reconciliation schedule, example details how to calculate (1) deposits in transit which are end of month deposits of cash on companys (depositors) books in one month, received by bank in following month and (2) outstanding checks written by depositor but do not clear bank until next month, whats included on the schedule and how its used, the schedule explains the differences between the banks and company's (depositor) records of cash, the example explains reconciling both the bank balance to a correct cash balance, the balance per the bank statement is determined by statrting with the bank statement balance and adding (deposits intransit, undeposited receipts of cash on hand, bank errors which understate the bank balance) and subtracting (outstanding checks, bank errors which overstate the bank balance), to calcuale deposits in transit (book deposits minus bank deposits and deposits in transit from the previous month that have now cleared the bank), to calculate outstanding check (checks written per books minus checks which cleared the bank for the current period and clecks which cleared the bank from the previous month), after calculating deposits in transit and outstanding checks the correct cash balance for the company can be determined, detailed example explained by Allen Mursau
Views: 27901 Allen Mursau
http://www.computergaga.com/blog/compare-two-lists-to-highlight-matched-items/ Compare two lists in Excel to identify the matched records. Highlight the duplicate, or the unique records, by comparing two lists using the Match function and Conditional Formatting.
Views: 480953 Computergaga
An overview of accounting for Payroll, to accompany http://www.principlesofaccounting.com Chapter 12, Current Liabilities and Employer Obligations *Check out the Classroom page to find out how to take this course for credit: http://www.principlesofaccounting.com/classroom.html
Views: 65168 Larry Walther
In this presentation, I will show you how to do two months of bank reconciliations in under three minutes. We will reconcile from June to July 2014. The starting reconciliation is May 2014. For this demo, we will use Ezyrecon. The software is written in Visual Basic using Excel as the user interface. By doing so, it allowed the user to avoid the lengthy instructions and high learning curve. Normally, when you start a bank reconciliation, you need to know the reconciling details from the previous month. We will assume that the May starting reconciliation was already entered in the Ezyrecon Excel workbook. The steps to do a bank reconciliation using Ezyrecon are as follows: 1) Download the bank file or the bank statement into an Excel or csv file format. 2) Download the book file or the cash account detailed trial balance into an Excel or csv file format. 3) Open the Ezyrecon Excel workbook and go to the tab called “Program”. Hit the button “SuperEzy” to reconcile. Note: Once you have those two files, the bank and book, the reconciliation is practically done. You need to tell BEN, the virtual accountant in Ezyrecon to take over and present to you the final report. Tell him not to bother you, unless he is done. The final report is a two-column format, from unadjusted to reconciled book and bank balances. In addition, tell him to prepare the suggested adjusting entry of all the reconciling items using your own chart of accounts. Again, to activate BEN, you just need to hit a button called “SuperEzy." A normal bank reconciliation for small to medium companies will take less than 3 minutes. Once it is done, BEN will beep and present a screen message to notify that he is done with the reconciliation. Once, I reviewed and approved the June reconciliation, I will save it as “2014 June reconciliation.” Next month, I will download the bank and book files for July. I will open the June reconciliation workbook and save it as “2014 July reconciliation.” So, now I have two files; one is the completed June, and the other is the July that I need to do. The workbook called “2014 July reconciliation” has all the details from June. On this workbook, I will hit the button “Initialize” to bring forward all the June reconciling items to July. BEN will ask me if I record all the reconciling items in June. Since, the book is already closed, I did not record the reconciling items until July. So, I will say “NO," as the answer. Next, the system will prompt me to enter the July the bank and book ending balances. After giving those balances, the system is ready to do its job. To reconcile, July, I will tell BEN, the virtual accountant to do it- I will simply click the button called “SuperEzy.” There are unrecorded checks, deposits and charges from June. I recorded them in the July books. BEN is smart enough to remove them from the list of the reconciling items in July. As usual, the July reconciliation will take less than three minutes. Thus, with Ezyrecon, a two-month bank reconciliation is a breeze or super easy to do.
This video discusses the difference between a temporary tax difference and a permanent tax difference. Tax differences arise because "book income" (income computed for financial reporting purposes, according to GAAP) is different from "tax income" (income computed for purposes of calculating the amount of corporate income tax due). Temporary tax differences reverse over time, whereas permanent tax differences never reverse. For example, the IRS allows U.S. firms to accelerate their depreciation deductions. This often results in firms front-loading the depreciation expense of an asset (taking more depreciation in the early years of the asset, and less depreciation in the later years of the asset). This difference is only temporary, however, as the same total amount of depreciation is taken for both book and tax purposes. Thus, the difference is merely one of timing, and it reverses itself over time. Permanent tax differences never reverse. An example of a permanent tax difference is the proceeds from a life insurance policy. Life insurance proceeds are not taxable so they will never appear in taxable income. Life insurance proceeds do appear in book income, however, so this creates a permanent tax difference (it does not reverse in a later period). Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.
Views: 31598 Edspira
Step 1: Tick off items that appear on the bank statement as well as the cash book (known as 'matched' items) Step 2: Update the cash book for all items that appear on the bank statement but are not currently shown in the cash book e.g. bank charges (we won't know about items like this until we receive the bank statement). Balance off the Cash Book. Step 3: Reconciliation: start with the end date bank statement balance and; ADD: receipts shown in the cash book but are not on the bank statement yet. DEDUCT: payments shown in the cash book but are not on the bank statement yet. The amount you end up with should be equal to the brought down balance in the Cash Book. www.accountancylearning.co.uk
Views: 156421 Accountancy Learning Ltd
Accounting to determine the proper amount of cash which should be reported on the company's balance sheet when there are errors in recording checks either as deposits from customers (including NSF checks) or expenditures by the company and corrections for cash receipts or disbursments by the company's bank that which have not been recorded on the company's books, example shows how these errors affect cash account per the company's books and how to calaculate the amount of cash increase or decrease based on the type of error (check amount written does not agree with the amount recorded on the books either as a disbursement or receipt), example shows how to reconcile a companys bank statement to the balance per the companys books for all the addition and deduction items apprearing in the "Balance per Depositors (companys) Books" section of the bank reconcilation schedule to determine the correct cash balance per the company's book, detailed accounting example by Allen Mursau
Views: 22603 Allen Mursau
Excel & Business Math 27: Bank Reconciliation Made Easy Download Start Excel File: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/Content/05BankingPayroll/ExcelBusinessMathVideo27BankReconciliation.xlsm Download pdf Notes: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/Content/05BankingPayroll/ExcelBusinessMathVideo27BankReconciliation.pdf Entire Class Web Site: https://people.highline.edu/mgirvin/AllClasses/135NoTextBook/135/135NoTextBookClass.htm In this video learn about checks and Bank Reconciliation. Learn about the concepts of why and how we perform bank reconciliation. Also learn about how to show two worksheets from the same workbook side-by-side. Also learn hoe to create Conditional Formatting and data Validation to format or highlight a row in a checkbook register. Excel & Business Math Class (Busn 135) taught by Michael Girvin at Highline College / Mike Girvin at excelisfun Channel at YouTube Channel. Topics in Video: 1. (00:01) Introduction 2. Parts of a Checks 3. Types of Endorsements 4. Bank Services & Fees 5. Bank Reconciliation Example 1: Make sure both sides are actually Equal. 6. Bank Reconciliation Example 2: Make sure both sides are actually Equal and enter the bank statement entries that are not in our records, into our records 7. Bank Reconciliation Example 3: Bank Reconciliation with a Bank Reconciliation Form 8. How to show two worksheets from the same workbook side-by-side: View, New Window, Arrange All 9. How to use Conditional Formatting and Data Validation to format or highlight row that has an “X” for “item has been reconciled”. 10. () Summary Next Video: 28 Excel & Business Math
Views: 11007 ExcelIsFun
http://www.ifrsbox.com This is the short summary of IAS 21 The Effects of Changes in Foreign Exchange Rates. In today's world, the entities carry out their foreign activities in 2 ways: 1. They have some transactions in foreign currencies, or 2. They Have a foreign operation. An entity can also decide to present its financial statements in some foreign currency other than their own. The objective of IAS 21 is to prescribe • How to include foreign currency transactions and foreign operations in the financial statements of an entity; and • How to translate financial statements into a presentation currency. Functional currency is the currency of the primary economic environment in which the entity operates. It is the own entity's currency and all other currencies are "foreign currencies". The primary economic environment is normally the one in which the entity primarily generates and expends the cash, but more factors needed to be considered, such as the currency in which the sales prices are denominated, etc. Presentation currency is the currency in which the financial statements are presented. How to report transactions in FUNCTIONAL CURRENCY Initially, all foreign currency transactions shall be translated to functional currency by applying the spot exchange rate between the functional currency and the foreign currency at the date of the transaction. Subsequently, at the end of each reporting period, you should translate: • All monetary items in foreign currency using the closing rate; • All non-monetary items measured in terms of historical cost using the exchange rate at the date of transaction (historical rate); • All non-monetary items measured at fair value using the exchange rate at the date when the fair value was measured. All exchange rate differences shall be recognized in profit or loss with some exceptions. How to translate financial statements into a PRESENTATION CURRENCY When an entity's functional currency is NOT the currency of a hyperinflationary economy, then an entity should translate: • All assets and liabilities for each statement of financial position presented (including comparatives) using the closing rate at the date of that statement of financial position. • All income and expenses and other comprehensive income items (including comparatives) using the exchange rates at the date of transactions. All resulting exchange differences shall be recognized in other comprehensive income as a separate component of equity. For more information and other IFRS materials, please visit http://www.ifrsbox.com
Views: 64020 Silvia M. (of IFRSbox)
http://www.accounting101.org/how-to-do-a-balance-sheet How to do a balance sheet: a balance sheet is a financial document that shows the assets, liabilities, and owners' equity of a company at a given point in time. It's different from the income statement in that it is a snapshot on any given day, whereas the income statement spans a time period. Most companies prepare their balance sheets quarterly and yearly. How To Do A Balance Sheet To put together a balance sheet, you'll obviously need all of the financial data from your different trial balances. In reality, the information for a balance sheet starts with the individual transactions, but the purpose of this article is just to show you how to organize a balance sheet. First of all, there are two sides to the balance sheet: the right and left side. On the left side, you'll have your assets. On the right side, you'll have two sections: liabilities and owners' equity. The left and right side will always be equal, and the main balance sheet equation is: Assets = Liabilities + Owners' Equity This makes sense because the Assets are on the left side, and it will always equal what is on the right side, which is the Liabilities and Owners' Equity accounts added together.
Views: 832957 SuperfastCPA
Matching transactions (reconciling) using Excel Pivot Tables | ExcelTutorials Learn how to reconcile (or match) transactions using Excel Pivot Tables. Example workbook and more here: http://chandoo.org/wp/2014/06/10/matching-transactions-pivot-tables/ Do Subscribe, Like & Share my video if you like!! Click The Below Link To SUBSCRIBE: https://www.youtube.com/channel/UC8uU_wruBMHeeRma49dtZKA
Views: 132920 Learn Excel from Chandoo
This video discusses the difference between book income and taxable income in the United States. Book income is pre-tax financial income that is reported on an accrual basis in accordance with U.S. GAAP (generally accepted accounting principles). Book income is the income that is reported on the financial statements (the Income Statement). Taxable income, on the other hand, is that which is computed for purposes of filing the corporation's income tax return. There are many differences between book income and taxable income. This is because book income and taxable income have different objectives. Book income measures the change in a corporation's wealth and is used by investors and creditors to predict the timing and certainty of the firm's cash flows. Taxable income is computed on a modfied cash-basis and is based on the ability-to-pay doctrine (when a taxpayer receives cash, he or she is able to pay the tax on it even if the revenue hasn't been "earned"). Taxable income is used to compute the firm's tax due to raise revenue for the United States government. The differences between book and tax income can be temporary (this means the difference will reverse in a future period) or permanent (this means the difference never reverses). Edspira is your source for business and financial education. To view the entire video library for free, visit http://www.Edspira.com To like us on Facebook, visit https://www.facebook.com/Edspira Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com To follow Michael on Facebook, visit https://facebook.com/Prof.Michael.McLaughlin To follow Michael on Twitter, visit https://twitter.com/Prof_McLaughlin This video was funded by a Civic Engagement Fund grant from the Gephardt Institute for Civic and Community Engagement at Washington University in St. Louis.
Views: 26606 Edspira
This video presents two simple functions in Microsoft Excel, that can be used to create meaningful Management Information System reports. The same functions and procedure can also be utilized for reconciling data.
Views: 405191 Fast Track Business Intelligence
Over time you will collect many lists of Excel data. It can be a challenge to compare the contents of one list with the contents in another list. For example, to find out which customers do not exist in another list. In this lesson I demonstrate three techniques that you can use to compare Customer lists: 1) The =MATCH() Function 2) The VLookup() Function 3) Pivot Tables I invite you to visit my website - www.thecompanyrocks.com - to view all of my video lessons.
Views: 631982 Danny Rocks
Learn Inventory Accounting with Practical Project in Tally Erp 9. Practical class in hindi by City Commerce Academy. Lecture by Prof. Amar Jeet Singh. Other Class is also available on : Basic Accounts, Manual Accounts, Compute Accounts, Tally erp 9 , Balance Sheet, Inventory Accounts, Reconciliations, Vat, Sales Tax, Service Tax, Income Tax, TDS, Excise, EPF, ESI etc.
Views: 1137773 Amar Jeet Singh
Direct Method Minimum disclosure requirements for companies using the direct method include the following: Receipts a. Cash collected from customers. b. Interest and dividends received. c. Other operating cash receipts, if any. Payments a. Cash paid to employees and suppliers of goods and services. b. Interest paid. c. Income taxes paid. d. Other operating cash payments, if any. Use of the indirect method requires separate disclosure of changes in inventory, receivables, and payables relating to operating activities. Such disclosures are required for the purpose of aiding users in approximating the direct method. Direct versus Indirect Method 18. Under the direct method (also called the income statement method) cash revenues and expenses are determined. The difference between these two amounts represents net cash flows from operating activities. In essence, the direct method results in the presenta¬tion of a cash basis income statement. Under the indirect method (also called the reconciliation method), computation of net cash flows from operating activities begins with net income. This accrual-based amount is then converted to net cash provided by operating activities by adding back noncash expenses and charges and deducting noncash revenues. a. The principal advantage of the direct method is that it shows operating cash receipts and payments. Supporters contend that this is useful in estimating future cash flows and in assessing an entity’s ability to (a) generate sufficient cash flow from operations for the payment of debt, (b) reinvest in its operations, and (c) make distributions to owners. b. Proponents of the indirect method cite the fact that it focuses on the difference between net income and net cash flow from operations as its principal advantage. Also, supporters of the indirect method contend that users are more familiar with the method and it is less costly to present the statement of cash flows using this method. Special Problems in Statement Preparation 19. (L.O. 4) Some items that relate to various aspects of the statement of cash flows require special attention when preparing the statement of cash flows. a. Depreciation and amortization. Depreciation expense is added back to net income to arrive at net cash provided by operating activities. Likewise, amortization of limited-life intangible assets, deferred costs, and bond premium or discount are also adjustments to net income. b. Pension benefit costs. The difference between the pension expense recorded during the period and the amount of cash funded for the pension plan is an adjustment to net income in arriving at net cash provided by operating activities. c. Deferred income taxes. Changes in deferred income taxes affect net income, but have no effect on cash. An increase in deferred income taxes decreases net income but not cash, and therefore is added back to net income. d. Equity method of accounting. The net increase in the investment account increases net income but does not affect cash flow. The net increase is deducted from net income to arrive at net cash flow from operating activities. e. Gains and losses. Because a gain on the sale of plant assets is reported in the statement of cash flows as part of the cash proceeds from the sale of the assets under investing activities, the gain is deducted from net income to avoid double counting. A loss on sale is added back to net income, and the full cash proceeds is included under investing activities. f. Stock options. For share-based compensation plans, companies are required to use the fair value method to determine compensation cost. Compensation expense is recorded during the period(s) in which an employee performs the service if a company has a stock option plan. This expense is recorded by debiting compensation expense and crediting a stockholders’ equity account. Thus, net income is increased by the amount of compensation expense in computing net cash provided by operating activities. g. Unusual and infrequent items. Cash flows from unusual and infrequent transactions and other events whose effects are included in net income, but which are not related to operations, are reported as either investing or financing activities. h. Accounts receivable (net). An increase in the Allowance for Doubtful Accounts is added back to net income to arrive at net cash provided by operating activities. This is due to the fact that the increase in the allowance results in a charge to bad debts expense (a noncash expense). operating, investing, financing, operating activities, financing activities, investing activities, cash flows statement, statement of cash flow, financial statement, cash inflow, cash outflow, net cash used, net cash provided, non cash activities, direct method of cash flow, indirect method of cash flow, cash flow to total assets,
Views: 11762 Farhat's Accounting Lectures
Learn Bank Transaction Entries in Tally, Such as Cash Deposit in Bank, Cash Withdraw form Bank , Loan From Bank, Loan Repayment to Bank, Bank Loan Installments Entry, When Bank Interest Received or When Bank Charge Interest on our Loan, When Cheque is Dishonored or Bounce by Bank, How to Post Cheque return Charges, Entries When New Bank A/C Opened i.e. Current A/C, Saving A/C, How to Paid Expenses by Cheque i.e Salay, Light bill paid by cheque, How to Post Fixed Deposit Entry in Tally, Entry for Funds transfer from one bank account to another bank account, Entry for Funds Transfer to FD,RD. Lean All Bank Related Transactions in Tally Step By Step Hindi Tutorial. Have a Nice Day!!! Happy Learning!!! Keep Learning!!! Watch All Day by Day Video ::- Day-1 Complete Basic Accounting Class with Example|Journal Entry in Tally https://www.youtube.com/watch?v=vZQGxkommug&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&index=1 Day-2 INTRODUCTION to TALLY ERP 9 https://www.youtube.com/watch?v=XCszfm-6nBY&t=1s Day-3 Company Creation, Alteration, Tally Password https://www.youtube.com/watch?v=pqLoH8ObJ_M Day-4 Concept of Groups in Tally https://www.youtube.com/watch?v=6wi9BGM4iLA Day-5 How to Create Ledgers- https://www.youtube.com/watch?v=Cb6QLeXs_OU Day-6 Voucher Entry -Contra, Payment, Receipt, Journal, Sales, Purchase Voucher https://www.youtube.com/watch?v=tGX9iZSWu9I Day 7- Watch All Bank Transaction Entries in Tally- https://www.youtube.com/watch?v=QV1M0ALJPOA Day 8- Discount Related Entries in Tally | Cash or Trade Discount https://www.youtube.com/watch?v=AfMlAyxw3j8&index=8&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s Day-9- Basic Adjustment Entries|Journal Voucher Entries https://www.youtube.com/watch?v=IYBoqln8uK4&index=9&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv&t=25s DAY-10- Common Tally Problems Dr/ Cr Mode|Single Payment Modehttps://www.youtube.com/watch?v=43azz8FC89A&index=10&list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv Download Practices Entries form our blog: http://cpitudaipur.blogspot.in/ Watch Tally Erp 9 Shortcut and Tricks- https://www.youtube.com/watch?v=s2vcoM6kF8M&t=25s Watch Tally Erp 9 Calculator Tricks- https://www.youtube.com/watch?v=wdTXMZIfdh4 Watch How to Run Tally in Pen Drive- https://www.youtube.com/watch?v=48yH5o4ytLA Learn Basic Accounting or Tally First Class- https://www.youtube.com/watch?v=vZQGxkommug&t=25s Learn Tally Erp 9 Basic To Advance Level-https://www.youtube.com/playlist?list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv Visit Our Website: http://www.cpitudaipur.com Visit Our Blog: http://cpitudaipur.blogspot.in/ Like Our Facebook Page: http://facebook.com/cpitudr Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
Views: 400687 Career Planet Computer Education
Are you looking to become more efficient using your SAP Business One software? Join us for this webinar to acquire neccesary information for the new Bank reconciliation report in version 8.8. Michell Consulting has introduced our new webinar series on tips and tricks, we will continue to show you how to get the most out of your SAP business software. During this Webinar we will discuss an intro to SAP incoming payments and deposits; as well as the new bank reconcilliation report for version 8.8. A few items to be considered: •Bank statement reports •Entering bank fees and charges •Reconciliation Report •Overview of the process Feel free to Subscribe above and comment below! For more videos go to our website:michellgroup.com Also, don't forget to follow us on Twitter: http://twitter.com/michellgroup And Like us on Facebook: http://www.facebook.com/michellgroup For more information or help, please feel free to contact us at any time. Michell Consulting Group 8240 NW 52nd Terrace, Suite 410 Doral, Florida 33166-7766 1-800-442-5011 or (305) 592-5433 Michell Consulting Group specializes in ERP software and managed IT services, providing each client with unparalleled service and support. Michell Consulting is a SAP Gold Partner.
Australian Unity is determined to play its part in the reconciliation process, and is proud to present its first Reconciliation Action Plan (RAP).
Views: 1059 Australian Unity
The Statement of Cash Flows explains the change in cash and cash equivalents for a given period and provides information about a company’s cash inflows and cash outflows for operating, investing and financing activities. Operating activities relate to the selling and producing of goods or services that go into calculating net income or loss. Investing activities include buying debt and equities, purchasing and selling fixed assets, and making and collecting loans. Financing activities include changes in long-term liabilities and stockholders’ equity. When using the Indirect Method to present the Statement of Cash Flows, a company reports net cash flow from operating activities indirectly by adjusting net income or loss for items such as depreciation, amortization, gain or loss on sale of assets, and changes in current assets and liabilities, thus reconciling it to net cash flow from operating activities. ---------- Accounting tutoring on Chegg Tutors Learn about Accounting terms like Statement of Cash Flows (Indirect Method) on Chegg Tutors. Work with live, online Accounting tutors like Christopher B. who can help you at any moment, whether at 2pm or 2am. Liked the video tutorial? Schedule lessons on-demand or schedule weekly tutoring in advance with tutors like Christopher B. Visit https://www.chegg.com/tutors/Accounting-online-tutoring/?utm_source=youtube&utm_medium=video&utm_content=managed&utm_campaign=videotutorials ---------- About Christopher B., Accounting tutor on Chegg Tutors: Drexel University, Class of 1984 Accounting major Subjects tutored: Accounting TEACHING EXPERIENCE I possess extensive experience collaborating with students at all levels to provide help and instruction on accounting and business topics. I've taught college accounting courses to full time students as well as professionals at the undergraduate level. I am a member of the Drexel University MBA Career Services Advisory Board where I mentor students on a variety of business topics and provide guidance on career management, job search strategies, resume preparation and interviewing techniques. EXTRACURRICULAR INTERESTS I am a subject matter expert in providing customized retained search services to corporate clients and career coaching to individuals. At Resource Development Company, I built one of the top 20 executive search and recruiting firms in the Philadelphia area. I also helped launch JobMetrx, an RDC service focused on providing job seekers with a variety of tools including online personal branding. Prior to joining RDC, I enjoyed a progressive career in accounting and finance in the manufacturing sector. My educational background includes a BS in Business Administration with a major in Accounting and MBA from Drexel University. I am also a Certified Professional Resume Writer and a Certified Public Accountant. I serve on the Board of Advisors for a Philadelphia area private high school and I also have been on the Board of Advisors for two early stage companies involved in college athletic recruiting and website development. I enjoy spending time with my family, travelling and performing community service. Want to book a private lesson with Christopher B.? Message Christopher B. at https://www.chegg.com/tutors/online-tutors/Christopher-B-2444553/?utm_source=youtube&utm_medium=video&utm_content=managed&utm_campaign=videotutorials ---------- Like what you see? Subscribe to Chegg's Youtube Channel: http://bit.ly/1PwMn3k ---------- Visit Chegg.com for purchasing or renting textbooks, getting homework help, finding an online tutor, applying for scholarships and internships, discovering colleges, and more! https://chegg.com ---------- Want more from Chegg? Follow Chegg on social media: http://instagram.com/chegg http://facebook.com/chegg http://twitter.com/chegg
Views: 30646 Chegg
Learn why Balance sheet have Difference in opening balance in tally erp 9 balance sheet. How to remove the difference in an opening balance in a tally. When we create a new Company in tally, on creating ledgers difference in Opening Balance is displayed in Final Accounts. In this tally tutorial we discuss How to analyze and correct the difference in opening balances in balance sheet? Learn how to find out difference in opening balance in tally erp 9. Why tally shows difference in opening balance. A balance sheet is a financial statement and reports a firm's financial position standing. This report shows the balance between assets and liabilities of a firm. The balance sheet follows the fundamental accounting equation: Assets = Liabilities + Owner's Equity. While providing the opening balance in ledgers, equivalent contrary balance will appear as Difference in opening balances in order to match the assets and liabilities, or debit and credit balances. The entry passed for the difference will affect the closing balance, but the Balance Sheet will display the difference in the amount. To balance the difference in the opening balance, adjust it with the opening balance of another ledger. Learn how to use tally erp 9 step by step. This is our free online tally course. We provide tally erp 9 online classes with examples. So you can learn and study tally accounting online. It is Full Step by Step Tally video Tutorial in Hindi. This Tally ERP 9 Video Tutorial based tally classes on Advance, Professional, expert Tally accounting course. It is a Part of RSCFA Course run by Career Planet. it is tally erp 9 certificate course with advance excel. You can learn tally erp 9 course in Hindi with GST. 👉Click to Watch All Videos on GST Accounting in Tally Day by Day – https://www.youtube.com/playlist?list=PLlDtUyWdJwXWXAGj_W0peoAfenOKHeCYN 👉Click to Watch Basic Tally Accounting Video Day By Day- https://www.youtube.com/playlist?list=PLlDtUyWdJwXXx8VkVuPoRuqbVJzOBj9Cv 👉Visit Our Website: https://cpitudaipur.com/ 👉Visit Our Blog: https://cpitudaipur.blogspot.in/ 👉Like Our Facebook Page: http://facebook.com/cpitudr 👉Please Subscribe to Our Channel https://www.youtube.com/channel/UCSMsxXvvi-7XvygtsMWRBOg
Views: 61762 Career Planet Computer Education
www.study2videos.com you can learn many type computer courses on our website like as Tally erp 9 HTML photoshop corel draw pagemaker java internet ms excel 2007 ms power point 2007 ms word 2007 internet basic computer busy etc. all computer courses dvd set is available for purchase you can purchase dvd set on minimum price. visit our website
Views: 72248 Study 2 videos
This video shows you how to do Bank Reconciliation. Normally, you do this when you receive your actual bank statement. Do remember to first key bank charges at Cash Book, payment voucher if you notice there are bank charges in the actual bank statement. After that, Just do the basic setting, key in Bank Statement Bank Closing according to actual statement, apply, then start to tick those cleared cheque. When you finish ticking, the field Out Of Balance By MUST be zero. If not zero, re-check. You should not continue until you find the problem. When you preview the report, Bank Reconciliation Report show you the actual bank balance(GL Balance) ,it's more accurate then you call to bank. Email : [email protected] Product Details :www.syntech.com.my Interaction :www.facebook.com/syntaxtechnologies Full Video Listing :www.youtube.com/syntaxtechnologies
Views: 32843 syntaxtechnologies
This part of video will show the demo on how to compute input and output vat in sales and purchase entries. Once you enter purchase and sales transactions as shown in video you will get the vat report in tally. Once you set features set as i shown in the video, your implementation is ready. Also you can learn how to enter vat purchase and vat sales and input & output tax, cst Note :If any videos on youtube unable to here the voice follow these steps Open the youtube video copy the URl Open VLC Media Player Go to Media Select network team Paste the URL and click on play Increase the valume upto 400% thats it
Views: 316776 Subramanyam Gaddam
We offer the most comprehensive and easy to understand video lectures for CFA and FRM Programs. To know more about our video lecture series, visit us at www.fintreeindia.com This Video lecture was recorded by Mr. Utkarsh Jain, during his live CFA Level I Classes in Pune (India). This video lecture covers following key area's: 1. Differences between accounting profit and taxable income, and define key terms, including deferred tax assets, deferred tax liabilities, valuation allowance, taxes payable, and income tax expense. 2. Deferred tax liabilities and assets are created and the factors that determine how a company's deferred tax liabilities and assets should be treated for the purposes of financial analysis. 3. Tax base of a company's assets and liabilities. 4. Income tax expense, income taxes payable, deferred tax assets, and deferred tax liabilities. 5. Impact of tax rate changes on a company's financial statements and ratios. 6. Valuation allowance for deferred tax assets—when it is required and what impact it has on financial statements. 7. Company's deferred tax items. 8. Disclosures relating to deferred tax items and the effective tax rate reconciliation. 9. Key provisions of and differences between income tax accounting under IFRS and U.S. GAAP.
Views: 7999 FinTree
Introduction to Financial Accounting Lecture 6: Accounting for Natural Resources and Intangible Assets; Bank Reconciliation and Petty Cash Transactions by Victoria Chiu Recap: 0:08 Natural Resources: 1:30 Depletion Expense: 3:46 Intangible Assets: 6:23 --- Goodwill: 8:16 --- Exercise: 18:34 Internal Control & Cash: 23:43 --- Internal Control: 25:23 --- Control Documents of a Bank Account: 29:27 Bank Reconciliation: 38:12 --- Cash account in general ledger and Bank statement: 34:07 --- Summary of Reconciling Items: 40:00 Journalizing Transactions from the Reconciliation: 41:31 Exercise Preparing a Bank Reconciliation: 44:04 Petty Cash Transactions: 1:00:16 --- Setting Up the Petty Cash Fund: 1:02:30 --- Making Payments: 1:03:27 --- Imprest System: 1:04:30 --- Replenish Petty Cash: 1:05:13 ------ Replenishment; Cash Short and Over: 1:05:47 Exercise: 1:09:28 To receive additional updates regarding our library please subscribe to our mailing list using the following link: http://rbx.business.rutgers.edu/subscribe.html
Views: 1714 Rutgers Accounting Web
Now learn how to manage/create/made allo standard rate for stock items in tally erp 9 in hindi /urdu language by computer learning channel on youtube.
Views: 33369 Computer Learning
how to pass GST Debit note entry in tally erp 9 rel 6.4 how to pass GST credit note entry in tally erp 9 rel 6.4 effect of Debit note in HSN summary report in GST returns effect of credit note in HSN summary report in GST returns adjustment of debit note and credit note in tally erp 9 how to adjust debit note and credit note in tally erp 9 what is steps of debit note and credit note in tally erp 9 how to adjusted previous month sales return in current months sales returns how to adjusted previous month purchase return in current months purchase returns sales returns entry in tally erp 9 rate difference entry in tally erp 9 correction in invoice in tally erp 9 purchase returns entry in tally erp 9
Views: 83711 RTS professional studies
Finance Class - Solving for a PLUG Variable. ABC Company.The company has predicted a sales increase of 21 percent. It has predicted that every item on the balance sheet will increase by 21 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here?
Views: 3487 Tim Liptrap
Hi witchies, here is the reconciliation spell I promised. Please pay attention to what I'm saying at the beginning of this video, for it is very important for you to understand. Reconciliation can work wonders, but not necessarily miracles. It's very important for you to look at things with an unbiased set of eyes. Yes, you may be heartbroken, but make sure this is ACTUALLY the person you want to try to get back. If they treated you like crap, I wouldn't waste my time. Know your worth, babes. But with that being said, if you know this person is the one for you, then please try this spell. Don't ask me how long it'll take, because every situation is different, so I do not know that answer. I love you all, many blessings! I do not have an instagram anymore. I also do NOT have a facebook page. Please report anyone pretending to be me. The only way to get services done by me is through my ONLY email: [email protected]
Views: 217246 vagabond moon
Download Excel File: http://people.highline.edu/mgirvin/ExcelIsFun.htm Playlist for Array Formula Basics Videos: https://www.youtube.com/playlist?list=PLrRPvpgDmw0kjL4875H36yNhWBb0f-nci See how to create an automated Accounting Aging Accounts Receivable Reports On Multiple Sheets With Array Formula, Excel Table Feature and Formula Table Nomenclature (Structured References): 1. (00:16 min) Overview of end result: Automatic Aging Reports 2. (00:53 min) Convert Source Data Table (in separate workbook file) to an Excel Table and name the Table. 3. (01:55 min) Import Source Data into Report File 4. (03:05 min) Add Helper Column to Destination Excel Table in the Report Workbook file. First look at Table Formula Nomenclature (Structured References). The correct formula for Days Late is: =TODAY()-[@[Due Date]]. 5. (03:45 min) COUNTIFS formula to count records that are between 1 and 30 days past due. Including syntax for greater than or equal to criteria when the comparative operator and a cell must be joined. 6. (06:04 min) Array Formula to extract the "Number of Days Late" information for each customer, given two criteria. See how to use LARGE function and IF function and the array formula key stroke: Ctrl + Shift + Enter. GOOD FOR EXCEL 2007 or EARLIER. Learn more about Table Formula Nomenclature (Structured References). 7. (09:58 min) See how to use IF function rather than IFERROR function to create efficient Data Extraction Array Formulas. 8. (11:13 min) Array Formula to extract the "Number of Days Late" information for each customer, given two criteria. See how to use the AGGREGATE function rather than the LARGE function to gain the benefits: 1) No need for special keystroke, 2) avoid errors from implicit intersection. GOOD FOR EXCEL 2010 or LATER. 9. (14:53 min) Array Formula to extract Customer Name and Invoice Amount using INDEX, AGGREGATE, IF, ROW, COUNTIFS and ROWS functions. 10. (21:01 min) Learn how to make Table Formula Nomenclature (Structured References) Absolute. 11. (23:30 min) Copy Array Formula Reprt to Multiple Sheets. 12. (24:35 min ) Test to see if data changed in the Source and Destination workbooks will be reflected in the Aging Reports automatically. What is an Aging Report: Aging means how many days past the due date the invoice is. Accounts Receivable Customers must pay their bill by a certain date, if they pay late, they would be listed in one of the aging reports. If they are 1-30 days late, they are listed in the first report. 31-60, the second. And so on. Further, once the customer is so late, like 300 days, the company stops wasting its time trying to collect and writes the Accounts Receivables amount as "Bad Debt" and runs that expense through the Income Statement.
Views: 72558 ExcelIsFun
Don't miss a tip, Join my Tips & Tricks: https://CandusKampfer.com/tips Candus' Free Mini Course: https://canduskampfer.com/minicourse/ Find out how to Join my QuickBooks Simplified Community: http://quickbookssimplified.com Are you new to QuickBooks or are you struggling to figure out the software? Would you love a course that is step by step vs searching for each answer and trying to figure it all out on your own? I would like to share with you my course called Confidence with QuickBooks. Everyone who has taken the course loves it. For more details visit: http://ConfidenceWithQuickBooks.com If you need help with QuickBooks, set up an appointment here: https://canduskampfer.com/private-sessions-with-candus/ Click here to be notified of upcoming Webinars & Workshops: https://canduskampfer.com/webinar-wai... Learn how to process: 941, 940, DE9, DE9C, W2's, W3, 1099-misc & 1096. Click here to join and for more details: https://canduskampfer.com/quarterly-and-year-end-forms-cou Have a great day! Candus :)
Views: 58447 Candus Kampfer
Learn about Reconciling Accounts in QuickBooks Online Plus 2017 at www.teachUcomp.com. A clip from Mastering QuickBooks Online Made Easy. Get the complete tutorial for free at https://www.teachucomp.com/free - the most comprehensive QuickBooks Online tutorial available. Visit us today!
Views: 1486 TeachUComp
Get Your QuickBooks Online 30 Day Free Trial: https://app.fitsmallbusiness.com/goto/quickbooks-course-youtube/ In this lesson, we’re going to cover how to reconcile bank accounts in QuickBooks Online. ====================================================== Access Our Course On How To Set Up QuickBooks Online: http://fitsmallbusiness.com/how-to-set-up-quickbooks-online ====================================================== How to Prepare a Profit and Loss Statement in QuickBooks Online: https://fitsmallbusiness.com/profit-and-loss-statement-sample-quickbooks-online/ How to Prepare a Balance Sheet Report With Example in QuickBooks Online: https://fitsmallbusiness.com/balance-sheet-example-quickbooks-online/ Small Business Bookkeeping & Accounting: The Ultimate Guide: https://fitsmallbusiness.com/small-business-bookkeeping-accounting-the-ultimate-guide/ How to Write & Print Checks in QuickBooks Online: https://fitsmallbusiness.com/quickbooks-check-printing/ How to Record Bank Deposits in QuickBooks Online: https://fitsmallbusiness.com/bank-deposits-quickbooks-online/ ====================================================== Subscribe For More Videos On How To Set Up QuickBooks Online and help your business succeed http://www.youtube.com/subscription_center?add_user=FitSmallBusiness ======================================================
Views: 20758 FitSmallBusiness
Take my 3-day virtual course on QuickBooks Desktop: https://quickbooks.teachable.com/p/quickbooks-desktop-basics Use Coupon code HECTOR95 to pay $95 instead of $149 ! Hector covers how to fix reconciliation discrepancy using the reports
Views: 19825 Hector Garcia CPA
In this tutorial you will learn how to remember shortcut keys in tally erp 9. Also learn how to use and when to use these shortcut keys in tally erp 9. This video is created by City commerce Academy
Views: 129541 Amar Jeet Singh
Maintain all your assets in easy way using this module, Audit your assets location wise employee wise also using Physical Verification Option.Calculate depreciation in Single click and it will remove all your spread sheets and night outs.
Views: 7171 Venkataratnam Rayavarapu
Lecture 9: Cash Receivables Professor Carolyn Levine This lecture is about Cash and Accounts Receivables and its importance in the financial statements of a company. Cash is not always so straightforward and there are different types of cash. For example, cash that is set aside for another purpose is called restricted cash and cannot be considered cash in the traditional sense. There are also many different types of receivables discussed in this session, along with examples to aid in the learning of these topics. Restricted cash must be reported separately from cash (for example, cash that has been set aside for plant expansion, retirement of long-term debt, and compensating balances). Bank overdrafts are reported as current liabilities unless another account at the same bank has sufficient funds to cover. Credit card sales are when customers pay using credit cards and the company incurs a "service charge." The bank issuing the credit card settles the transaction, often within the same day. Credit sales, on the other hand, involve extending credit to customers directly, such as accounts receivable (oral promises to pay for goods or services) and notes receivable (written promises to pay for goods or services). Non-trade receivables include advances to officers and employees, advances to subsidiaries, deposits to cover potential damages or losses, deposits as a guarantee of performance or payment, dividends, and interest receivable. It also includes claims against insurance companies for casualties sustained, defendants under suit, governmental bodies for tax refunds, common carriers for damaged or lost goods, creditors for returned, damaged, or lost goods, and customers for returnable items (crates, containers, etc). The gross method assumes the discount is something acquired, while the net method assumes the discount is something that is forfeited (i.e. you have it by default and then DECIDE not to take it). A company should measure receivables in terms of their present value. However, receivables arising from transactions with customers in the normal course of business which are due in customary trade terms not exceeding approximately one year are excluded from present value considerations. Although the company does not know which customers will not pay, it is inevitable that some will not (i.e. it is likely that a loss will be incurred). This is considered a cost of doing business. While some may say that credit should not be issued at all, that can cause problems. If no credit is extended, it may decreases sales more than the cost of not collecting money. In other words, the benefits provided by allowing credit outweighs the risk of customers not paying off what they owe. There are two methods to address / account for customers that do not pay. One is the direct write-off method (which is not GAAP unless there is an immaterial difference between it and the allowance method) and the other is the allowance method. Since loss is likely and can be reasonable estimated, the company should record an expense. It uses historical data to determine the expense. Revenues must be properly matched with expenses, and receivables must be properly valued. When an expense is recorded, the entry we make is a debit to bad debt expense and a credit to the allowance for doubtful accounts. The allowance for doubtful accounts reduces the value of accounts receivable and leads to a valuation of accounts receivable that approximates "net realizable value." The methods for determining expense for the period are the percentage of sales (income statement oriented) and the aging of receivables (balance sheet oriented). The percentage of sales method states that if there is a stable relationship between cash and credit sales, take a percentage of credit sales to estimate bad debt expense. For example, if historically speaking, 2% of credit sales have been bad debts (in the past), and the company makes sales of $100,000, it should assume that its bad debt expense is $2,000. It ignores the existing balance in the allowance account and focuses only on the current credit sales to determine the expense. Different percentages can be used across different product lines. When a specific customer's account is identified as uncollectible, it is written off against the balance in the allowance for bad debts account. The write-off itself has no effect on income. Restricted Cash 1:35 Credit Sales vs. Credit Card Sales 6:58 None-Trade Receivables 13:48 Trade Receivables 15:28 Gross vs. Net Method 28:57 What about Interest? 40:24 What happens when a customer does NOT pay? 42:06 Allowance Method 47:40 Allowance for Doubtful Accounts 50:32 Details on Methods 57:51 Percentage of Receivables 1:00:18 Recording Bad Debts 1:03:28 To Write Off non-collectible's 1:09:56
Views: 19104 Rutgers Accounting Web
This TDL is used for Display Bank Date on Voucher How Useful:- Some Times we don't know which voucher is reconciled or which is not reconciled. So overcome to such problem i have design this tdl, after using this tdl you will be able to know that entered vouched reconciled and this vouched passed in bank on mentioned date on voucher. for this video http://www.aasansolution.in/2017/12/reconciliation-date-on-bank-vouchers.html My website Link www.aasansolution.in Tran-1 Support Link http://www.aasansolution.in/2017/12/t... TDL- Item with HSNCode & GSTRate in invoice Entry and Stock Summary Link http://www.aasansolution.in/2017/08/i... TDL-Display HSN Code on Sales/Purchase Screen http://www.aasansolution.in/2017/07/d... My mail id [email protected] my facebook page https://www.facebook.com/Aasan-Solution-2330593887165740/
Views: 6461 Aasan solution
Learn how to apply for your loan payments properly: https://canduskampfer.com/break-principal-vs-interest-loan-inside-quickbooks/ Don't miss a tip, Join my Tips & Tricks: https://CandusKampfer.com/tips Candus' Free Mini Course: https://canduskampfer.com/minicourse/ Find out how to Join my QuickBooks Simplified Community: http://quickbookssimplified.com Are you new to QuickBooks or are you struggling to figure out the software? Would you love a course that is step by step vs searching for each answer and trying to figure it all out on your own? I would like to share with you my course called Confidence with QuickBooks. Everyone who has taken the course loves it. For more details visit: http://ConfidenceWithQuickBooks.com If you need help with QuickBooks, set up an appointment here: https://canduskampfer.com/private-sessions-with-candus/ Click here to be notified of upcoming Webinars & Workshops: https://canduskampfer.com/webinar-wai... Learn how to process: 941, 940, DE9, DE9C, W2's, W3, 1099-misc & 1096. Click here to join and for more details: https://canduskampfer.com/quarterly-and-year-end-forms-cou Have a great day! Candus :)
Views: 42043 Candus Kampfer
http://www.online-tutorial.net This Banking Reconciliation Lesson below is Quickbooks Banking & Credit Card Video 2 of 2. Quickbooks 2013 - Banking Reconciliation Second Video will cover Banking and Credit Card Reconciliation. Reconciliation is vital to keeping your books and record 100% accurate. Having accurate books means lowering your chance of an audit, or while being audited, lowering your chances of the IRS finding errors and taking you. When you do a Bank Reconciliation, you want to match all the transactions on the street to the ones in the bank or credit card statement. Once you match all the transactions, you will notice that the difference to balance is $0. NOTE: If you go to reconcile your statement and the beginning balance from the previous reconciliation doesn't match, you can use the "Locate Discrepancies" report to find out which previously reconciled transaction has been edited or deleted. This will give you a chance to make adjustments in your current reconciliation to bring it back to correct status. If you don't see anything under Locate Discrepancies, and can't figure out how to solve the issue, another option to "Undo Last Reconciliation". This is only recommended as a last measure because you have to do the previous month's work all over again. Get More Quickbooks Help Right Here Return to: Quickbooks Lessons to Learn Quickbooks
Views: 40656 QuickBooks Tutorial
Visit http://chandoo.org/wp/2013/03/06/finding-conversion-ratio-using-pivot-table-calculated-items/ to get the file & read full explanation of this. Learn how to use Pivot table calculated items to calculate conversion ratio in Excel
Views: 8181 Learn Excel from Chandoo
In this video you will learn how to calculate GST With Discunt In Purchase Entry In Tally Erp 9. -------------------------------------------------------------------------------------------------------- Income Tax Return Forms For AY 2018-19 - How To Select ITR Form In Hindi AY 2018-19 - https://youtu.be/ZB66x-spYBM different gst rate entry in tally - how to make multiple gst bill in tally - https://youtu.be/KJnbmK3Bpgg Multi Tax Rate Places In Tally - Learn About Tax Rate Hierarchy - https://youtu.be/7itQ0gUg8Vw How To Calculate GST With Discunt In Purchase Entry In Tally Erp 9 - https://youtu.be/fg_b8g2Nixg Enable Company Logo in Tally ERP 9 In Hindi - How To Use Logo In Tally Erp 9 - https://youtu.be/wKr-pcQhn0Q Multiple GST Rate On Same Item - How To Apply GST At Different Tax Rates In Tally - https://youtu.be/tLICu9b7lLo Income Tax Provision Entry In Tally - Provision For Income Tax Entry In Tally - PART 1 - https://youtu.be/VJs3bwFttJQ Income Tax Provision Entry In Tally - Provision For Income Tax Entry In Tally - PART 2 - https://youtu.be/4zeabT17AFU How To Calculate Depreciation Using Straight Line Method In Hindi (PART 1) - https://youtu.be/VJs3bwFttJQ How To Calculate Depreciation Using Straight Line Method In Hindi (PART 2) - https://youtu.be/x6GQuQqAmiw Accounting Features In Tally ERP 9 - Step By Step Tally Features In Hindi - Enable Feature (PART 1) - https://youtu.be/G8RW7CKkCmw Accounting Features In Tally ERP 9 - Step By Step Tally Features In Hindi - Enable Feature (PART 2) - https://youtu.be/cwKOQV8P5ec -------------------------------------------------------------------------------------------------------- Wish your great success, Sudip Mondal --------------------------------------------------------------- purchase entry with discount in tally erp 9 gst, purchase discount entry in tally erp 9 , tally purchase entry with discount, purchase entry in tally erp 9 in hindi, discount on purchase entry in tally erp 9, discount entry in tally erp 9 gst, purchase entry in tally erp 9 discount, purchase discount ledger, how to purchase entry in tally erp 9 with gst, discount entry in tally erp 9 purchase,gst discount entry in tally, how to make discount entry in tally, how to make discount entry in tally gst, how to create purchase discount ledger in tally, how to enter purchase discount in tally,
Views: 294 Free Knowledge Gain
First, setup a new account for free (30 day trial):, use this forwarding link to my reseller affiliate site: http://www.quickbooksoffer.com/?cid=irp-4337#pricing *** ALSO, CHECK OUT PART 2 *** https://youtu.be/7MmcaaB2Es8 Topics Covered in this video: 00) Intro and Using Google Chrome as your main browser for QuickBooks Online 01) 00:02:51 Setting up a free trial: www.quickbooks50.com 02) 00:03:38 Choosing the right version of QBO, we will start with ESSENTIALS 03) 00:08:00 Configuring QuickBooks Settings for your business 04) 00:19:28 Setting up your Chart of Accounts 05) 00:46:12 Connecting you Bank to QuickBooks 06) 00:51:20 Setting up new Customers and Vendors 07) 00:57:30 Creating opening balances for existing customers and vendors 08) 01:00:02 Creating Products and Services (Items) 09) 01:05:02 Creating Estimates and Invoices, Sales Receipts, Getting Customer Payments 10) 01:14:01 Creating Bills, Receiving Customer Payments and Paying Bills (Accounts Payable) 11) 01:32:27 Creating Transfers, Working Bank Registers, and Bank Reconciliation 12) 01:37:33 Journal Entries, and Customer Statements 13) 01:40:00 Enable Purchase Orders and Receiving Inventory (PLUS EDITION ONLY) 14) 01:48:40 Transactions with Inventory (PLUS EDITION ONLY) 15) 01:52:32 Creating Budgets and Budget vs. Actual Reports, plus Job Costing basics (PLUS EDITION ONLY) 17) 01:57:02 Outro and Connecting with your Accountant This is the ultimate QuickBooks tutorial, but What is not covered on this video? Timesheets, Payroll, Sales Tax, 1099-Misc Forms, Online Banking / Bank Feeds, Inventory Management, Error Correction, Accountants Tools, Project/Job Costing, Working with Classes and/or Location, Customizing Reports, Credit Memos, Refunds, Vendor Credits, Batch Printing, QuickBooks Labs, Importing Data, Converting from Desktop, Advanced searching tools, Recurring Transactions, QuickBooks Payments, Audit Log, Connecting Apps, and may have missed other small things... Other Videos recommended: 1- QuickBooks Online Bank Feeds Masterclass: https://www.youtube.com/watch?v=c4CVlTy9eXM 2- Mastering QuickBooks Online Bank Rules: https://www.youtube.com/watch?v=n419HRW7oP4 3- More QuickBooks Online Bank feeds: https://www.youtube.com/watch?v=cDP0JJjZYt4 4- QuickBooks Online for Accountants - part 1: https://www.youtube.com/watch?v=8MkTSvkHuM8 5- QuickBooks Online for Accountants - part 2: https://www.youtube.com/watch?v=Yab73ka1DT8 6- QuickBooks Online for Accountants - part 3: https://www.youtube.com/watch?v=dE7zqMFy3nw Great followup to "Quickbooks Online 2017 Tutorial for Beginners": https://www.youtube.com/watch?v=QKaNUX8ROG0
Views: 302655 Hector Garcia CPA
in this video you will learn how to create invoice for GST. how to create sales voucher in tally for gst. how to print invoice in tally for gst. how to create GSTR-1 GST Return for sales in Tally https://www.facebook.com/TallyErp9Tutorial/ twitter : @tutorialveer http://www.veertutorial.com
Views: 716568 Veer Tutorial