QuickBooks Desktop Pro-Personal Tax Tracking Tricks

4.5

Learners: 1

Instructor: Robert (Bob) Steele

Duration: 5.00

This course will teach you how to use QuickBooks Desktop Pro 2019 to track personal tax items in a business QuickBooks file. Learn how to use equity draws accounts and classes to differentiate between business and personal expenses, and how to use the profit and loss statement to track deductions. Professional bookkeepers can use these methods to provide more service to their clients and make year-end tax preparation easier. ▼▲

Course Feature Course Overview Course Provider Discussion and Reviews

Go to class

Course Feature

Cost:

Paid

Provider:

Udemy

Certificate:

Paid Certification

Language:

English

Start Date:

On-Demand

Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [August 31st, 2023]

Skills and Knowledge:
At the end of this course, you will have acquired the skills and knowledge to:
- Use equity draws accounts to track personal tax items in a business QuickBooks Desktop Pro 2019 file
- Use classes to track personal tax items in a business QuickBooks Pro Desktop 2019 files
- Add add, work with, and explain how to use classes in QuickBooks Desktop Pro 2019
- Explain how the profit and loss statement is related to the equity section of the balance sheet
- Use QuickBooks to track personal tax item as well as business expenses easily
- Differentiate yourself from the competition by providing more service to clients
- Track charitable payments, medical payments, child care payments, college costs payments, retirement plan payments, and state tax payments in QuickBooks.

Professional Growth:
This course on QuickBooks Desktop Pro-Personal Tax Tracking Tricks contributes to professional growth by providing valuable knowledge and skills that can enhance a professional's ability to effectively track personal tax items in a business QuickBooks file. By learning how to use equity draws accounts and classes in QuickBooks Desktop Pro 2019, professionals can efficiently track personal tax-related items and business expenses in one organized place.
By mastering these techniques, professionals can streamline their year-end tax preparation process and have all the necessary materials in one location. This can save time and effort, making the tax documentation process more efficient.
Additionally, this course addresses a controversial topic in the accounting and bookkeeping field, providing professionals with alternative methods for tracking personal tax items in a business QuickBooks account. By understanding and implementing these methods, professionals can differentiate themselves from their competition and provide a valuable service to their clients.
Overall, this course equips professionals with the knowledge and skills to effectively track personal tax items in a business QuickBooks file, enhancing their professional capabilities and potentially attracting more clients.

Further Education:
This course is suitable for preparing further education. It covers various topics related to using QuickBooks Desktop Pro 2019 to track personal tax items and business expenses. The course provides methods for tracking personal tax-related items in a business QuickBooks file, which can be useful for individuals who need to organize their year-end tax preparation materials. Additionally, professional bookkeepers can benefit from learning these methods to differentiate themselves from the competition and provide more services to their clients.