QuickBooks for personal bookkeeping, finance, and accounting. Enter personal financial data, create and analyze financial statements including personal balance sheet and income statements or profit & loss statement, & track important tax data.

The course will provide backup files that can be used to jump forward or to rework any component of the course. Backup files and the ability to use multiple QuickBooks files, in a similar way we use multiple Microsoft Word documents, is a HUGE benefit to learning QuickBooks and accounting that QuickBooks Desktop offers us. If our goal is to learn accounting concepts, bookkeeping, and or data input, we should take advantage of the use of backup files to improve our skills and gain new ones.

We will track and record personal investments into QuickBooks, discussing various options and their pros and cons.

The course will discuss how to record and track home valuation in QuickBooks, as well as the tracking of home loans and the recording of payments that include both interest and principal.

We will cover the entering of W-2 wages into a personal QuickBooks file and the various methods we can use including breaking out the gross pay and the withholding amounts.

The course will discuss various methods for tracking and recording credit card payments and balances.

We will also discuss how to record and track the valuation of an automobile and how to enter and track prepayments like prepaid insurance

Are there any course requirements or prerequisites?

It would be best to have QuickBooks Desktop although this is not a requirement and many of the concepts will be applicable to QuickBooks Online and other accounting software.

It would be best if you take Part 1 of "QuickBooks Desktop Pro -Personal Bookkeeping-Accounting" before taking this course.

Who this course is for: Anybody who wants to track personal financial data Anybody who wants to organize tax data Anybody who want to create personal budgets and financial plans Anybody who want to understand their personal financial position better and how to create and analyze personal financial statements, including a balance sheet and income statement