Year-End Clean Up in QBO Taxes Course Description

Tax time approaches! We’ll show you the 10 steps you need to do to get your books ready for your accountant to do your taxes. Not only will you close your books, but we’ll show you how to analyze your business to help it grow next year. Who are your best customers? What are your best sellers? Who owes you money, and who do you owe? We’ll customize your reports and memorize your favorites for future use.

You’ll Learn About:

•   Steps to take at year end to make sure your books are right
•   Categorizing Expenses
•   Reconciling bank accounts
•   Closing out Opening Balance Equity and Owner’s Equity
•   Depreciation
•   Running your P&L and Balance Sheet
•   Taking Inventory
•   Closing the books
•   Making backups

 After completing this course, you will be able to: 

• Locate and fix incorrectly categorized transactions
• Confirm that bank balances are accurate
• Close out owner equity
• Adjust inventory totals for the year
• Run reports for business analysis and taxes
• Perform year-end closing actions on your file

What people are saying about this 'Next-Level Accurate Accounting' course:

Watch it again later

You'll have lifetime access to the on-demand course including all handouts and class material. You'll also be able to ask questions in the Q&A forum and get answers, even years later. You can pause, rewind, speed up, and watch again and again as you apply what you learn to each situation as it crops up.

Other learners enrolled in these courses after completing this class: 

Explore new topics & join the hundreds of other business owners & accounting professionals who have enrolled in these courses after completing this class!

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Refunds & Cancellations

Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.

Royalwise Solutions Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Course Credits: 2 CPE, Certificate of Completion. Must be awarded within one year of enrollment.

Course Updated: January 2023

Course Page Updated: January 2023