QBO For Tax Preparers Section 1

Introductory Price of $399!

Do you want a deep dive into how to understand what your QBO file is doing behind the scenes? The first half is now out on my new course "QBO for Tax Preparers" and it is all about understanding how QBO actually works, and finding and fixing all the errors that New QBO users are inadvertently guided to add because of the design of QBO. This course is not just for tax preparers though! Anyone who's interested in understanding QBO and finding and fixing those bookkeeping errors will also find this course incredibly useful!

This course also contains a full Case Study Option including source documents, bank feeds, and instructions on how to set up a free QBO trial file for the Case Study. 

In Chapter 1 we FLY through QBO basics quickly, just to confirm the user is familiar with the basics.  This includes mini quizzes and mini homework using the sample company that QBO hosts.

In Chapter 2, we begin with the case study, Grand Gate Gardens.  September 2023's bank reconciliation is done without a bank feed, so the student can see the reconciliation module without the noise of the bank feed.  Still in Chapter 2, we begin using the bank feed with October 2023's transactions, and I illustrate how to do things correctly.

In Chapter 3, we use the November documents to start illustrating and planting common New QBO User / DIY Bookkeeper errors.  We leave these here for us to find in Section 2 of the course.  

In Chapter 4, we lift the hood of the GST/HST module to see how it works in QBO, and begin discussing how to confirm an check the integrity of the numbers it offers for filing.

This is Section 1: Chapter's 1 through 4 only.

For Purchase Separately: Section 2 is chapters 5 through 8 and includes an introduction to the payroll module, and a focus on checking the bookkeeping file integrity, and how we can find the errors we planted in Chapter 3 'after the fact' using a "Bookkeeping Integrity Checklist".  We finish of with filing the GST/HST in the Case Study and then entering the Year End Adjustments using QBO in ways that I have seen very few Accountants know how to do.  (Revaluing Foreign Funds Bank Accounts with Exchange so that the bank reconciliations sill work!  Adding CRA interest so that the payments can be easily entered in the coming year via the GST/HST Module! And MORE!)