Amazing! So glad you found this useful! Anything else you would like to see? Definitely recommend checking out our end to end course...there is so much more to learn! You can check it out here bit.ly/3xaBohM use code RUclips50 for $50 off!
Yes! I love you watching...thanks so much. Let me know if there anything specific you want to see! Also don't forget to check out the end to end course: bit.ly/4blUCil (Code RUclips50 for $50 off!)
Nick, I'm a former CPA and current tax guy, as well as using your excellent QBO tutorials (and purchased your Cleanup package...very helpful). As a tax guy/real estate bookkeeper using QBO, I need to separately classify Partner Contributions from Partner Distributions. BOTH need to be reported on the tax returns SEPARATELY...not netted out...so I do this: Partner 1 sub Contributions sub Distributions Partner 2 same That way I have the data already separated for the tax return. Thoughts? Thanks brother for all you do, and your incredible expertise! Jim in FL
Hi! Thanks so much for watching! I think your method is 100% perfect! I often use one account as dist/ cont just so I can see the net in a nice organized way. In essence, the result is exactly the same! Keep it up!
Hi! "In Quickbooks" is what QB thinks of as "the truth". Your goal would be to get your "In Quickbooks" # to match the "Bank" number. Bank transactions flow through to your account...but you need to categorize/ match them to add them to Quickbooks.
Hi! Thanks for watching! I personally only use QBO. That being said, I have many many students who are using QB Desktop but finding the QBO Tutorials very useful. I am passionate about only demoing/ teaching with software that I am very very proficient in. I just don't have the expertise to demo on QB Desktop!
I’ve watched this multiple times because there’s so much valuable content. Thank you! ❤️
Amazing! So glad you found this useful! Anything else you would like to see?
Definitely recommend checking out our end to end course...there is so much more to learn! You can check it out here bit.ly/3xaBohM use code RUclips50 for $50 off!
It's a good refresh! I love your videos. Thank you!
Yes! I love you watching...thanks so much. Let me know if there anything specific you want to see! Also don't forget to check out the end to end course: bit.ly/4blUCil (Code RUclips50 for $50 off!)
Thanks for such a helpful video
Thanks so much for watching!
Where can I download your Chart of the Accounts? Thanks
Hey Nick I have a question really a request can you do a video on putting together a 10k/10q report 🤔
Hi! Great idea...Yes! we will add it to the queue!
Nick, I'm a former CPA and current tax guy, as well as using your excellent QBO tutorials (and purchased your Cleanup package...very helpful). As a tax guy/real estate bookkeeper using QBO, I need to separately classify Partner Contributions from Partner Distributions. BOTH need to be reported on the tax returns SEPARATELY...not netted out...so I do this:
Partner 1
sub Contributions
sub Distributions
Partner 2
same
That way I have the data already separated for the tax return. Thoughts?
Thanks brother for all you do, and your incredible expertise! Jim in FL
Hi! Thanks so much for watching!
I think your method is 100% perfect! I often use one account as dist/ cont just so I can see the net in a nice organized way. In essence, the result is exactly the same! Keep it up!
Can someone explain why the "in quickbooks" bank transactions is such a random number. Its throwing me off - should I ignore it?
Hi! "In Quickbooks" is what QB thinks of as "the truth". Your goal would be to get your "In Quickbooks" # to match the "Bank" number.
Bank transactions flow through to your account...but you need to categorize/ match them to add them to Quickbooks.
I use quickbooks desktop will there be more tips that might also help me?
Hi! Thanks for watching! I personally only use QBO. That being said, I have many many students who are using QB Desktop but finding the QBO Tutorials very useful. I am passionate about only demoing/ teaching with software that I am very very proficient in. I just don't have the expertise to demo on QB Desktop!