Description
In this course, you will learn the basics of using QuickBooks Self-Employed (QBSE) for business owners. The course begins with an introduction to the features and benefits of using QBSE for managing business finances.
In the first section of the course, you will learn how to connect bank accounts, PayPal, and credit cards to QuickBooks, which allows you to get real-time data on your transactions. The course will also cover how to use QuickBooks to track your income and expenses, as well as setting up transaction rules to avoid hours of work using spreadsheets. Additionally, you will learn how to use the profit and loss reports to track your business’s financial performance.
The second section of the course will focus on the tax-related features of QuickBooks Self-Employed, including how to use QBSE to assist with filing taxes and how to use the tax reports that show US schedule C expenses all year. You’ll learn how to pay your estimated taxes during the year and how to work on your taxes for months using QuickBooks.
The course concludes with a section on using Microsoft Excel exports for entering many transactions fast as single line items in TurboTax. By the end of the course, you will have a solid understanding of how to use QuickBooks Self-Employed for managing your business finances and preparing for taxes.
