QBCR-W01
QuickBooks: Reconciling the Balance Sheet
- presented by K2 Enterprises

Date/Time: Thursday, February 23, 2012, 1-3 p.m. Eastern Time

QuickBooks-based companies and accountants supporting these companies often face the challenge of verifying and reconciling the data on the financial statements. In this course, participants will learn how to put various tools and techniques to work to help ensure the accuracy and integrity of the financial statements.

Major Topics:

Practical tools and techniques for reconciling accounts in QuickBooks-based financial statements to generate more accurate financial statements
Using the Client Data Review feature in QuickBooks to clean-up data files
Preparing appropriate reconciliation reports in QuickBooks
Building loan amortization schedules in QuickBooks, and the most efficient means of allocating debt payments between principal and interest
Setting up and amortizing pre-paid expenses in QuickBooks and creating supporting schedules for pre-paid expense account balances

Learning Objectives:

Create and customize reports to assist in reconciling and analyzing account balances
Learn the proper way to establish and amortize pre-paid expenses
Identify situations for using QuickBooks Loan Manager tool as a mechanism for amortizing long-term liabilities
Learn tips and tricks to quickly reconcile bank accounts

Designed For: Accounting and financial professionals seeking to reconcile the balance sheet in QuickBooks

Presented By: Ilene Eisen, CPA, CITP, MBA

Level of knowledge: Intermediate

CPE Credits: 2, Specialized Knowledge and Applications

Prerequisite: Basic understanding of QuickBooks

Advance Preparation: None

QBCR-W01 QuickBooks: Reconciling the Balance Sheet - presented by K2 Enterprises

QBCR-W01
QuickBooks: Reconciling the Balance Sheet
- presented by K2 Enterprises