QuickBooks Desktop Tutorial: Reports Basics & Financial Statement Analysis

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  • Опубликовано: 12 дек 2024

Комментарии • 87

  • @HectorGarciaCPA
    @HectorGarciaCPA  9 месяцев назад

    Domain name changed! qbkaccounting.com

  • @zzzlife
    @zzzlife 10 месяцев назад

    Fast, comprehensive, VERY EDUCATIONAL. Hector is doing an excellent job in this presentation . If you have basic knowledge of accounting this video will make it very easy for you to learn Quickbooks. I very much appreciate your presentation Hector, thank you so much 🙏🙏🙏

  • @janinerepic5858
    @janinerepic5858 5 лет назад +2

    I am so excited that I was able to watch such an educational video. I have been an accountant for several years, however to to health issues I have been out of the workforce for a while. I have an interview with a large CPA firm today and I was feeling really rusty until I watched this video and was able to refresh my memory. GREAT JOB HECTOR!!!!!

  • @louietoltolvlog9699
    @louietoltolvlog9699 2 года назад +1

    It’s so wonderful lessons ever.
    May I ask a question?
    1. If owner asks about financial reports, do I just need to give him a P & L report and Balance sheet?
    Is it only two reports?
    2. What about trial balance, general ledger? Is it just for me to review or should I think of financial report?
    3. When do I need to make a journal entry and why do we need to do?
    4. If owner just purchased a new car for his work, should I put it’s his asset and should it be recorded depreciated expense?
    5. If company bought a new computer $1000 for me with a credit card, should I just enter a credit card for purchase only or should I record a new computer purchase for an asset and depreciate ?

  • @timothypotapenko5046
    @timothypotapenko5046 3 года назад +1

    Thank-you for these videos. Starting from 0, these are helping me learn fast!

  • @glennscanlan3397
    @glennscanlan3397 6 лет назад +4

    Very well explained. Really learned a lot. Thank you, keep putting out great videos!

    • @HectorGarciaCPA
      @HectorGarciaCPA  6 лет назад

      Awesome, you saw the whole thing?

    • @WalkingAfterMidnightRadio
      @WalkingAfterMidnightRadio 6 лет назад

      I did. We didn't have a class for Quick Books in my Accounting diploma program. Most employers look for knowledge of this though.

  • @Mrspaige81
    @Mrspaige81 4 года назад +2

    Seriously, you are such a blessing to my life! This is wonderful content and you made it so easy to understand. 👏🏽👏🏽👏🏽

  • @abdihananjama8614
    @abdihananjama8614 4 года назад +2

    Thank you so much Prof. Hector. Definitely, that was an Informative Video.

  • @aprilsmith4113
    @aprilsmith4113 5 лет назад +1

    What a great video. You are very good at explaining and giving an understanding of how this all works! Thank you!

  • @anaramirez9448
    @anaramirez9448 4 года назад +3

    Fantastic video, really appreciate the time you put into making these. BTW, does any one know which video explains step by step on how to add late fees or monthly interest charge to past due invoices,and how it would show on Statements?
    Thank you for sharing such valuable information. 🙏

  • @garyjclancy
    @garyjclancy 5 лет назад +5

    That was an amazing video! Very well done. Thank you!

  • @louietoltolvlog9699
    @louietoltolvlog9699 2 года назад +1

    Thank you. I took QB with other school online and sadly it was a little learning. Terrible but your is so useful. Thank you so much 😊

  • @jorgefraga5045
    @jorgefraga5045 3 года назад

    Hector this is a great video as always you are the best!. learning so much with your videos

  • @Phoenixspin
    @Phoenixspin 5 лет назад +1

    This guy is awesome. When I grow up, I want to be like him.

  • @michellewithrow1149
    @michellewithrow1149 2 года назад

    Great content and easy to follow along

  • @emilywu7517
    @emilywu7517 4 года назад +1

    Well explained! Thank you!

  • @EdenLipao
    @EdenLipao 4 года назад

    newbie here on Quickbook...really wanted to learn

  • @davgar4241
    @davgar4241 2 года назад

    you made it very easy to understand

  • @hassaneidsaied
    @hassaneidsaied 6 лет назад

    Hector, you are the best in the west!!!

  • @megavitai
    @megavitai Год назад

    Hola Hector. Me gustaria saber si aun tiene disponible el curso online de QB Desktop por 3 dias??? Estoy interesada. Gracias

  • @louietoltolvlog9699
    @louietoltolvlog9699 2 года назад +1

    Do you have any plan to teach QB online in discord?

  • @enzodelfino4338
    @enzodelfino4338 2 года назад

    I have a question..at 41:42 you show about double clicking and showing the account list..but my system isn't showing it. How do i fix that?

  • @kathyho3985
    @kathyho3985 4 года назад

    Hoila! Can you kindly post a video on how to fix the common problems found using QB? Muchas gracias!

  • @mariafernandasanchez6459
    @mariafernandasanchez6459 3 года назад

    Excellent video. Thank you

  • @jhonatanorabadillo
    @jhonatanorabadillo Год назад

    Great video!
    We're working on a reporting project with Power BI and generate some dashboards, for example, Profit & Loss and Balance from QuickBooks Desktop Data. So, Could you give us advice to achieve it?
    thanks!

  • @michellefLA
    @michellefLA Год назад

    How to record the retain earning? Journal entry? If more than one owner, do we need any source document to decide retain earning? TIA!

  • @nadiaaljaddo2582
    @nadiaaljaddo2582 3 года назад

    thank you for this video

  • @debbie083
    @debbie083 3 года назад

    Love the content

  • @leealanbaker7654
    @leealanbaker7654 4 года назад

    Thank you the videos are very informative

  • @lenaarmel5763
    @lenaarmel5763 2 года назад

    Hello Hector, I enjoy your tutorials. I have Quickbooks desktop for Windows. I am looking for a Detailed Cash Flow report for a calendar year: Account, sub-account, date, amount. We want to load this data into an Excel spreadsheet to do our analysis. Transaction report just does not do it for us, most of transactions are reported twice and it shows sub-accounts only, not an account:sub-account. Cash Flow report does not give details unless I drill in, so it does not work for Excel export. Grateful for your help.

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 года назад

      The term “cash flow report” doesn’t mean anything… which means that it could be anything really.
      So your question here really might be about how to create a custom report with certain parameters…. If you send me a sample spreadsheet via email, i can tell you which app you might need to add to get the data you want. Its possible that QB cannot do it natively.

  • @canadassweetsour7671
    @canadassweetsour7671 2 года назад

    Loved it

  • @timeisgold7793
    @timeisgold7793 6 лет назад +1

    Glad I found this

  • @officesycoc4036
    @officesycoc4036 4 года назад

    I have learned so much from watching your videos and plan on taking the virtual course. I do have a question about reports though. When I created the new budget for this year and ran the reports, the reports don't have the changes on them. Am I missing a step?

    • @HectorGarciaCPA
      @HectorGarciaCPA  4 года назад

      I would need to see it.. is hard to diagnose from here.

  • @mohammadwalid7751
    @mohammadwalid7751 3 года назад

    Thank you.

  • @debbiewells7603
    @debbiewells7603 2 года назад

    Hi Hector, Can I undo a void in a CC reconcile?

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 года назад

      Cant undo, but you can edit a voided transaction

  • @tee1ibrahim112
    @tee1ibrahim112 3 года назад

    Hello Garcia, question. If I needed to to figured out my revenue dropped comparing 2019 and 2020 quarter by quarter in other to see which quarter has the lowest drop. How is the way to go about this? Thank you in advance,

  • @doykme
    @doykme 2 года назад

    Hi Hector
    Do you still have classes?

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 года назад

      In Miami, we have in-person

    • @doykme
      @doykme 2 года назад

      @@HectorGarciaCPAI’m in Texas ☺️

  • @frankayala3950
    @frankayala3950 2 года назад

    Hi Hector, I'm wondering if you know how to change the current operating date, month/date/year ? and have it reflect from that period going forward? My sample date reads 12/32/2031.

  • @joanelizabeth1766
    @joanelizabeth1766 5 лет назад

    Very helpful, thank you!

  • @parvanehtahmasbi1019
    @parvanehtahmasbi1019 5 лет назад

    Hello and thanks a lot, one question Not regarding the QuickBooks, can you please tell me what software did you use to make this video? this shows you and the training window at the same time which is amazing, I'd appreciate if you would answer me. Thanks.

  • @Darioq57
    @Darioq57 2 года назад

    How do you zoom when the Z is showing over transactions?

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 года назад

      Right click on the report to change the font size.

  • @deborahrao4339
    @deborahrao4339 4 года назад

    How much is a quickbooks desktop intermediate course?

  • @gracedemi9247
    @gracedemi9247 4 года назад

    Thanks for this very helpful video. new subs here

  • @gaurivichare665
    @gaurivichare665 2 года назад

    I have trial balance in excel how to import it in Quickbooks desktop

    • @HectorGarciaCPA
      @HectorGarciaCPA  2 года назад +1

      You would need a 3rd party tool like Transaction Pro Importer

  • @peterz3729
    @peterz3729 5 лет назад

    is there a way to graph in QB or do you have to export to Excel?

  • @naveen9189
    @naveen9189 5 лет назад

    How to take receipts and payments report?

    • @HectorGarciaCPA
      @HectorGarciaCPA  5 лет назад

      Transaction detail report, transaction type: Payments and Deposits

  • @sulemanahmed3866
    @sulemanahmed3866 5 лет назад

    I have created customer jobs in quickbooks. Now I want to see how much cost I have spent on the specific customer job. Where I can create it please need help...

    • @HectorGarciaCPA
      @HectorGarciaCPA  5 лет назад

      Profit and loss by customer:job

    • @sulemanahmed3866
      @sulemanahmed3866 5 лет назад

      thank u very much.. please one more query if we create job related expense account than will we also debit inventory items in this job related expense account???

  • @auntiebagadonuts5950
    @auntiebagadonuts5950 2 года назад

    How are you in December of 2022? We aren't even there yet.

  • @AQOON544
    @AQOON544 5 лет назад

    Hi teachers thanks for your help.
    I have one question and i need your help.
    I closed my year end i got retained earnings 16500. Also i have net ordinary income -3750.
    I don't know where this mines from and how to solve it.
    Thanks

  • @merlinq.9287
    @merlinq.9287 2 года назад

    i've looked at most of your videos by just listening. and i just realized, your voice doesn't match your face: but thank you for all the education 😊

  • @andreaziz5499
    @andreaziz5499 10 месяцев назад

    Mfg ,achines are w/off on useful life

  • @AQOON544
    @AQOON544 5 лет назад

    Hi teachers thanks for your help.
    I have one question and i need your help.
    I closed my year end i got retained earnings 16500. Also i have net ordinary income -3750.
    I don't know where this mines from and how to solve it.
    Thanks