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 16: Making Deposits
One of the most misunderstand areas of QuickBooks is the mysterious “Undeposited Funds” account. This really confuses a lot of people and in this episode I try to explain how it works and why it is useful. In order...
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Episode 15: Receiving Customer Payments
After the last 2 episodes you should have a good idea of how to create invoices to your customers. The next step is to get paid! The “Receive Payments” procedure in QuickBooks is pretty straightforward but there...
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Episode 14: Invoices and Items (continued)
I continue the discussion about using QuickBooks items on invoices, bills and checks. I use a brand new company file with no other transactions to demonstrate the accounting that goes on behind the scenes when using different...
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Episode 13: Invoices and Items
Carrying on with our discussion of customer-related activities in QuickBooks, this week we look at creating invoices. You can’t really talk about invoices without also talking about items and how they work, so this lesson...
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Episode 12: The QuickBooks Customer Center
After a long hiatus…I’m back! Since we’ve covered several vendor-related activities in QuickBooks, I wanted to move on to dealing with customers. The logical place to start is with the customer center so...
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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.
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