QuickBooks Desktop Pro -Personal Bookkeeping-Accounting

QuickBooks for personal bookkeeping, finance, and accounting. Enter personal financial data, financial Statements

Created by: Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI

What Will I Learn?

• How to track personal bookkeeping, financial data, & tax information using QuickBooks
• How to create and analyze personal financial statements from QuickBooks including a balance sheet and income statement or profit and loss
• How to set up a personal QuickBooks file and enter the chart of accounts
• How to enter personal data into QuickBooks, setting up new accounts as is needed, using a personal bank statement
• How to track business financial data in a separate QuickBooks file and record intercompany transactions, those between a personal account and a business account
• How to track and record personal investment data using QuickBooks
• Hot to track personal home valuation using QuickBooks
• How to record home loan balance and related payments of both interest and prinipal
• How to enter W-2 wages into personal QuickBooks files, breaking out gross pay and withholding amounts
• How to enter and track personal credit card payments and balances using QuickBooks
• How to track auto valuation using QuickBooks
• Methods for tracking prepaid amounts such as insurance using QuickBooks

Requirements

• 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.

Target audience

• 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