Watch QuickBooks Online-Bookkeeping the Easy Way (Cash Basis)

QuickBooks Online-Bookkeeping the Easy Way (Cash Basis) is a show hosted by Robert (Bob) Steele CPA, who is an expert in bookkeeping and accounting fields. This show is aimed at people who are new to bookkeeping and accounting or looking to get some tips and tricks for using QuickBooks Online.

Robert Steele is an experienced bookkeeper and accountant who has been serving businesses for over 20 years. He uses his experience and knowledge to provide viewers with easy-to-follow tutorials on bookkeeping and accounting.

The show covers all aspects of bookkeeping, including creating invoices, recording expenses, managing accounts payable and receivable, and reconciling bank and credit card transactions. The show is divided into different sections, each focusing on a particular topic.

In the first section, Robert Steele introduces the fundamental concepts of bookkeeping and accounting. He explains the difference between cash basis and accrual basis accounting and how to choose the right one for your business. He also talks about the importance of keeping accurate records and how QuickBooks Online can help with that.

In the next section, Robert Steele demonstrates how to set up QuickBooks Online and customize it to fit your business needs. He walks viewers through the process of creating a new company file, adding customers and vendors, and setting up bank and credit card accounts.

The following section focuses on creating and managing invoices. Robert Steele shows viewers how to create a professional-looking invoice and how to send it to customers. He also demonstrates how to record payments and how to handle partial payments.

The next section covers recording expenses in QuickBooks Online. Robert Steele shows viewers how to enter bills, pay bills, and record expenses using different payment methods such as credit cards and checks. He also talks about how to track expenses by category and how to create expense reports.

In the fifth section, Robert Steele discusses managing accounts payable and receivable. He explains how to track outstanding invoices and bills and how to use the aging report to manage cash flow. He also demonstrates how to create and manage purchase orders and how to generate statements for customers.

The final section focuses on reconciling bank and credit card transactions. Robert Steele demonstrates how to match transactions in QuickBooks Online with transactions in your bank or credit card statements. He also discusses how to handle bank fees, interest charges, and merchant fees.

Overall, QuickBooks Online-Bookkeeping the Easy Way (Cash Basis) is a useful and practical show for anyone who is new to QuickBooks Online or needs to brush up on their bookkeeping skills. Robert Steele presents the information in a clear and easy-to-understand way, making it accessible to everyone. Viewers can learn a lot from his practical tips and tricks for managing their business finances efficiently and effectively.