QuickBooks Pro-Business & Personal-One QuickBooks File

Both business and personal financial, bookkeeping, and tax information in one QuickBooks file using class tracking.

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

What Will I Learn?

• How to track both business and personal financial, bookkeeping, and tax informaiton in one QuickBooks file using class tracking
• How to use the QuickBooks Pro Desktop 2019 feature of class tracking
• How to set up a QuickBooks files designed for both business and personal use
• How to create a chart of accounts for both business and personal use
• How to enter both business and personal financial data to QuickBooks from a bank statements separating the transactions using class tracking
• How to generate business and personal financial statements using class tracking
• How to track and enter personal financial investments into QuickBooks
• How to track the value of a home and the related loan
• How to enter personal W-2 income into QuickBooks including breaking out gross pay and withholding amounts
• How to enter credit card payments and track credit card liabilities
• How to track the value of a personal automobile
• How to account for prepayments and why it helps with budgeting and measuring performance

Requirements

• It would be best to have a copy of QuickBooks Pro or other Desktop version

Target audience

• Small business owners who want to track business, personal, and tax data in one QuickBooks files
• Bookkeepers who want to learn how to track personal and business data in one file
• Anybody who want to use the class tracking feature using QuickBooks Desktop