Why Online Learning Is Better
I started teaching an introductory QuickBooks class last night at a local college. It runs twice a week for a month from 6:15PM to 9:15PM. It made me realize why online education is definitely the future and so much better than traditional classroom teaching. First of all, online learning is just so much more convenient that it's not even funny. You can log on anytime and learn at your own pace. If you want something repeated, just rewind the video or scroll up through the text again and re-read. In the real world you have to get dressed, fight your way ...
Update Your Skills
Take your accounting and bookkeeping skills into the 21st century! If it's been a while since you learned anything new in the world of accounting, now is the perfect time to enhance your existing skill set. Maybe you worked as a bookkeeper years ago before you had kids and now it's time for you to get back into the workforce. Or maybe you were recently laid off and are looking for a new job and want to add some new skills to your repertoire. Even though the economy is not doing so well right now, accounting and bookkeeping professionals are still in ...
The Best Way To Learn QuickBooks
There are lots of places online that offer QuickBooks training, but many of them are text-only. That's like buying a training guide in book format - really boring! There's no interactivity and it doesn't engage your other senses to enhance the learning process at all. With most of the other QuickBooks training websites, there's nowhere to turn if you get stuck on a particular concept. If you don't understand something your only option is to re-read it over and over again and hope that it eventually sinks in. That is not a very efficient method of learning. That's why here at Full ...
Basic Financial Statements
At some point, every business will need a set of financial statements. Maybe you need to obtain a loan from the bank and they want to see a set of statements prepared by your accountant or you need them to give to a new investor. Most people don't know what "financial statements" are, so let's take a look. The most common set of financial statements include a Balance Sheet, Income Statement and Statement of Cash Flow. The statements will include a report written and signed by the accountants (more on this later) and may include footnotes (these are optional). The Balance Sheet ...
Latest Podcasts
Episode 11: Tracking Credit Cards In QuickBooks
I got a couple of email questions about using credit cards so I thought that would be a good topic for this week. It’s very similar to the process of entering bills and the credit card account can be thought of as another...
Read more of this article
Episode 10: QuickBooks Accountant’s Copy
As I mentioned last week, the Accountant’s Copy feature of QuickBooks is very useful and is very different than a regular backup. It allows you to keep working in your QuickBooks data file while your accountant has a copy...
Read more of this article
Episode 9: QuickBooks Backup and Restore
In this episode I walk through the process of backing up and restoring your QuickBooks data. I also take a look at the Portable Company File which is similar to a backup. You should take great care in developing a good backup...
Read more of this article
Episode 8: Recording Loans From Owners
I got 2 questions this past week both asking about the same issue – how to account for expenses that get paid by the owner out of his/her own pocket. It’s fairly common for a small business to not have a lot of money...
Read more of this article
Episode 7: QuickBooks 2010 Document Management
Join me as I explore one of the most intriguing new features of QuickBooks 2010, a built-in document management system. This new feature allows you to scan a document (a bill from a vendor for example) and attach it to a transaction...
Read more of this article-
Got QuickBooks?
-
Hi there! I'm Mike. I am a CPA and an Advanced Certified QuickBooks ProAdvisor. I teach QuickBooks locally in classrooms and do one-on-one training sessions. I created this site so I could extend my teaching to more people and offer them the best support possible.
Learn more...