Description:
In this video we show to you how chart of accounts works in QuickBooks Online 2018
Video:
Table of Contents:
- 00:00:12 – Chart of accounts (gear button)
- 00:01:38 – View register & run report buttons
- 00:01:53 – New (import from excel or just New starting from scratch) (How to create new account)
- 00:03:36 – How to set up the bank
- 00:05:19 – How to bring up the credit card to chart of accounts
- 00:06:24 – How to add a loan
- 00:08:49 – Create new account (example) (track depreciation)
- 00:12:23 – Reports (balance sheet) (run report)
- 00:14:27 – Income accounts (run report) (delete)
- 00:15:23 – Income categories (run report) (edit)
- 00:16:57 – Create new account (Cost of goods sold) (subcontracted trainers) (examples)
- 00:19:16 – Expenses categories (clean up chart of accounts) (edit)
- 00:21:13 – Create new account (Expenses) (examples) (sub-account)
