QuickBooks Enterprise-Classes-Responsibility Accounting – (Free Course)

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What you’ll learn

  1. How to download the free version of QuickBooks Enterprise
  2. How to turn on class tracking for both the balance sheet and profit and loss
  3. The differences between the class tracking feature for the QuickBooks Pro version and the QuickBooks Enterprise version
  4. How to record direct costs to departments using class tracking
  5. Methods for allocating indirect costs
  6. Methods for allocating service center expenses to revenue centers
  7. How to make adjusting entries related to a balance sheet by class report
  8. How to generate and analyze a profit and loss by class report
  9. How to generate and analyze a balance sheet by class

This course includes:

  • .5 hours on-demand video
  • 1 downloadable resource
  • Certificate of completion

Description

This course is a project-based course that uses the free trial of QuickBooks Enterprise and practices class tracking functionality for balance sheets and income statement, class tracking functionality applied to accounts payable.

We’ll learn how to download the QuickBooks Enterprise free trial and set up the new enterprise files for use.

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This course shows how to enable the class tracking feature and explains the differences between class tracking for the QuickBooks Pro version of the software and the QuickBooks Enterprise version.

We will track costs per department using the class tracking feature and learn how to allocate indirect costs.

The course then shows how service center costs are allocated to revenue centers.

We will also consider balance adjustments when preparing class balances.

How to Get this course FREE?

Note: The udemy Courses Will be free for a Maximum of 1000 Learners can use the promo code AND Get this course 100% Free. After that, you will get this course at a discounted price. (Still, It’s a good deal for you to get this course at a discounted price).

External links may contain affiliate links, meaning we get a commission if you decide to make a purchase. Read our disclosure.

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