Course Topics:
- Conduct a thorough month-end review in QuickBooks Online, including proficiency in transaction analysis, accurate account reconciliation, financial statement verification, and effective utilization of tools within the client list to systematically close the accounting cycle and ensure precise financial records.
- Methods on how to navigate accounting software tools, utilizing various criteria.
- Ways of utilizing accounting software tools for writing off invoices while understanding the system's process of creating discount lines with reference to the original invoice date, even in closed periods.
- Methods of executing essential year-end tasks to ensure accurate financial reporting, in compliance with regulatory requirements.
- Ways on how to effectively close the books in accounting software preventing unintended changes to transactions and fostering a comprehensive understanding of the implications associated with the chosen closing date.
Estimated time: 2 hours
- Teacher: Mara Angelique Pacapac