Behind on Bookkeeping? How to Catch Up a Full Year in QuickBooks Before Tax Time скачать в хорошем качестве

Behind on Bookkeeping? How to Catch Up a Full Year in QuickBooks Before Tax Time

If you’re behind on your bookkeeping and tax season is approaching, this video walks you through how to catch up quickly using QuickBooks Online. In this step by step walkthrough, I demonstrate how to work through a large backlog of transactions using the bank feed, matching existing transactions, pairing transfers, and creating rules to speed up classification. By using the tools built into QuickBooks, it’s possible to work through months of data entry much faster than most people expect. This video is longer than my usual content because I recorded the full process in real time (don't worry, there are some timelapses baked in) so you can see all the steps in the workflow. Feel free to skip to the sections that are most relevant to your situation. 5:36 - Matching transactions with multiple suggested options 6:01 - Matching AR/AP transactions 8:13 - Using the "Pair" function to classify credit card payments 12:17 - Finding AR/AP matches when QuickBooks doesn't offer suggestions 17:28 - Classifying remaining transactions, creating rules, finding patterns 27:00 - Using the "Pair" function to classify transfers to a savings account 28:07 - Creating a rule to classify interest income 29:18 - Classifying expenses on a credit card 37:56 - When creating a rule might not be helpful (when in doubt, look for receipts & documentation before classifying) In this video you’ll learn: • How to filter your bank feed to make large backlogs manageable • How to match transactions to existing invoices and bills • How to pair transfers between accounts correctly • How to use rules to automate large batches of transactions • How to quickly classify income and expenses when catching up on bookkeeping • Why building these systems now makes monthly bookkeeping much easier going forward If your CPA is asking for your books and you’re feeling overwhelmed, take a breath. Catching up is absolutely manageable when you approach it systematically. This video focuses on the first step in the process: getting transactions entered and classified. In the next video, we’ll go through how to reconcile your accounts and make sure everything is accurate before sending reports to your tax preparer. Subscribe if you’d like more QuickBooks tutorials and practical bookkeeping guidance for small business owners. Creating a Rule (AI):    • Create a Rule in QuickBooks Online (New AI...   Creating a Rule (Legacy):    • Creating a Rule in QuickBooks Online