Unofficial QuickBooks Accountants Podcast

Mastering Journal Entries in QuickBooks Online


Listen Later

In this episode, Hector and Alicia delve into using journal entries in QuickBooks Online, outlining when they're appropriate and when to avoid them. They offer insights into accounting workflows such as depreciation, tax adjustments, job costing, and class allocations. They also highlight advanced techniques like the adjusting entry checkbox and utilizing features like the reclassify transactions tool. The episode showcases the new journal entry import tool, explaining how to set up CSV files, map accounts, and overcome limitations, along with innovative uses like memo notes via zero-value entries. Whether you're an accountant, bookkeeper, or QuickBooks enthusiast, this episode enhances your understanding of journal entries and enhances efficiency in QuickBooks Online.

Sponsors
Client Hub- https://uqb.promo/clienthub
LiveFlow - https://uqb.promo/liveflow
Settle - https://uqb.promo/settle


  • (00:00) - Welcome to the Unofficial QuickBooks Accountants Podcast
  • (01:53) - Introduction to Journal Entries in QuickBooks Online
  • (09:33) - The Complexities of Adjusting AR and AP in QuickBooks
  • (20:13) - Advanced Journal Entry Techniques for Job Costing and Class Allocation
  • (28:49) - When to Avoid Using Journal Entries
  • (29:33) - QuickBooks Online: Reclassify Transactions Feature
  • (30:34) - The Power and Limitations of QuickBooks Online Accountant
  • (35:36) - Navigating QuickBooks Online: Importing Journal Entries
  • (45:04) - Advanced QuickBooks Online Features: Adjusting Journal Entries
  • (49:35) - Upcoming Courses and Personal Updates
  • (51:45) - Reflections and Closing Thoughts

  • Send your Questions/Comments (we could read/answer them on air) [email protected]

    Links/Apps Mentioned in this episode:
    • Hector's App - RightTool www.righttool.app
    • Alicia's Training - RoyalWise http://royl.ws/uqapodcast
    • QuickBooks Connect Conference www.quickbooksconnect.com
    • Firm of the Future www.firmofthefuture.com
    ...more
    View all episodesView all episodes
    Download on the App Store

    Unofficial QuickBooks Accountants PodcastBy Alicia Katz Pollock, MAT

    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    39 ratings


    More shows like Unofficial QuickBooks Accountants Podcast

    View all
    Accounting Best Practices with Steve Bragg by Steve Bragg

    Accounting Best Practices with Steve Bragg

    256 Listeners

    The Clark Howard Podcast by Clark Howard

    The Clark Howard Podcast

    5,395 Listeners

    Tax Smart Real Estate Investors Podcast by Hall CPA

    Tax Smart Real Estate Investors Podcast

    420 Listeners

    Up First from NPR by NPR

    Up First from NPR

    56,071 Listeners

    Talking Tax by Bloomberg Tax

    Talking Tax

    111 Listeners

    The Accounting Podcast by Blake Oliver & David Leary

    The Accounting Podcast

    340 Listeners

    Small Business Tax Savings Podcast by Mike Jesowshek, CPA

    Small Business Tax Savings Podcast

    247 Listeners

    The Unique CPA by Randy Crabtree, CPA

    The Unique CPA

    22 Listeners

    Building the Premier Accounting Firm by Roger Knecht

    Building the Premier Accounting Firm

    15 Listeners

    BiggerPockets Daily by BiggerPockets

    BiggerPockets Daily

    322 Listeners

    The Ambitious Bookkeeper Podcast by Serena Shoup, CPA

    The Ambitious Bookkeeper Podcast

    59 Listeners

    Earmark Podcast | Earn Free Accounting CPE by Blake Oliver, CPA

    Earmark Podcast | Earn Free Accounting CPE

    25 Listeners

    Federal Tax Updates by Roger Harris, EA and Annie Schwab, CPA

    Federal Tax Updates

    29 Listeners

    UnAccountable! by UnAccountable

    UnAccountable!

    25 Listeners

    On The Books by Intuit

    On The Books

    4 Listeners