DUDE, I've had this dang program since 2009 and have tried several times to start it up and it is impossibe to do....til. I watched your tut's. I have actually started this dang thing and it's starting to work for me!!!! thanks sooo much for making this video. Quickbooks should hire you instead of their stupid videos they do!!!
Hi i am have a printing company i would like to know how to manage my inventory, the problem is that i have paper, ink/toner binders covers as all raw materials, when i am finish printing a manual i would like to invoice/sell that manual and all the raw material that ws used to create the manual would be deducted from the inventory.
Thank you for your useful videos! I wanted to ask you, I'm switching accountants now and also I want to save some of the fees that accountants charge by doing my own payroll and bookkeeping.I was wondering, my accountant for the first 6 months used probably accounts that I don't understand. Will it be a problem if I use different accounts for my bookkeeping for the rest of the year? With quickbooks the double entry is automatically done by the software? Where can I learn to do my Payroll?Thanks
Why does a payment to a vendor show up in the corresponding receivable account? It doesn't affect the account balance but it is confusing when you are looking at it.
First off, thank you for the tutorial. I know that it takes time and effort. Secondly, and I do regret saying this, I didn't really learn anything I could've figured out for myself. I skipped A LOT because most of your content was filler like "You probably don't have the same version." Say it once if you must, then move on quickly; you don't. You said "uh" and "um" so often that I felt the urge to hit something. At least edit yourself! It's easy and makes for a MUCH easier viewing with clarity.
Would you happen to have a video on how to set up a budget?
I am trying to set up a budget for a church. In our paper budget we had the main item (such as utilities) assigned a number (such as 2000). Then each sub-item (such as power 1995, water 1996 and sewer 1997) another number.
Each change in the sub-number would the automatically subtract from the main item. Some main items, such as Sunday School, may have 10 or 15 sub-items that makes up the main item.
I think it was effective . . . I'm applying for a job requiring Quickbooks,and these tuts are very effective for those of us who have worked other programs and need to be brought up to snuff for a job interview . . . lingo, etc.
I appreciate this video... I have yet to gain work experience using Quickbooks and since I recently completed my MBA, Im running into alot of job offers that require experience with it. Thanks for the mini tutorials!
@25tjack25 Have you found a job yet? I didn't get no MBA but I graduated College in Business Admin - Accounting and having trouble finding a job myself because I do not have any experience as well.
Great job on the whole series. I'm looking to better understand Quickbooks and why so many people use it. Thanks. I watched this and the entire bank rec tutorial to get acquainted and will now look for the other stuff you've done.
HI I am running a business as sole trader and therefore take money out of business account as drawings, where and how do I record this/set this up please.
Thank you for taking the time to do these tutorials. I am in a life transition right now, and am trying to obtain an office job (been in restaurant management for a couple of decades - trying to transition out). Most of the jobs I have been looking at require knowledge of Quickbooks. I am pretty adept at picking up on things, just need to see how they work...so THANK YOU VERY MUCH for taking time out to prepare this! They seem like they are just what I need! Take care!
i took a simply a/c ing course and i have been realy trying to learn quick books. These videos are awesome and very slow and detail easy to learn. Thank you very much.
I use quickbook point of sale 9.0 and i just purchased quickbook book pro 2010. my question is how to import the point of sale data to quickbook pro? knowing that both software have 2 different file extension..Thanks
I just came from from accountants office and he asked me to use quickbooks from now on. Thank-you for taking the time to put this together and putting this video out there. You make it seem much less overwhelming. Thank-you! Thank-you! You rock!
I entered a bill acct cc961965 amount $781.82 then I pd the acct. cc961965 some how I reentered the acct in $781.82 in bill /my question is how do I void out the second bill?
Thanks for the help kind sir! You might want to run a disc clean and defrag. for your speed problem..., unless it's just an older computer. Either way, your assistance is greatly appreciated!
I have two businesses and bought quickbooks two years ago. I never took the time to figure it out. Mainly it's too much to set up! Thanks for making these video's. I may take the time now thanks to you.
This guy means well, but he speaks incoherently and goes on and on and on...I found his speaking to be very annoying and the last two minutes are only worthwhile, if that...this is way too basic!!!
You see, there still are some really nice people out there! I will need to learn this program for my job and happened to come across your video. You have a very nice way of explaining things in a non-threatening way. I've found that when people are learning something new, it is a bit intimidating and this is presented in a clear way. Thank you!!!
Thank you ...your Quickbooks tutorial is great..easy and informative. Can you upload more about quick books and also If you know anything about payroll please do upload or send a link. I appreciate your help .
Thank you so much for posting this mjsiemer. My wife is starting to deal with QB and your tutorials are awesome. Much appreciation on your contribution in your knowledge to the community.
Mister, I had to learn this software pronto (starting new day job) and didn't know how. A kid computer geek I know suggested Youtube (which I had't thought of).
That you took the time to make this vid might mean the difference of how well I do my new job.
This comment has received too many negative votesshow
Most people who work for the government, people who work in offices are stupid idiots are slow and do nothing, America is full of cowards that are useless
Have you ever listened to this video? What the hell is the constant banging in the background? What the hell is that? How many times did you say "um" in this thing? How many? 500??
You start by saying "I know what I'm doing." What -- how to be a rank amateur? Give it up buddy. Drive a truck instead.
LMAO! You get 'em, mj! And THANK YOU for this. I'm coming off using SimplyAccounting and I'm hoping this will be more efficient. It seems to be more popular.
It's funny how people like Milestones take the time to rip on others who just offer some potential help to others. You don't like it, don't watch it. Simple really.
There's a lot better ways to let someone know that the sound quality is bad or you felt the content was weak. It's called being a grown up;} Good luck with your tutorial search!!
@MilestonesSlideshows I agree, id rather by anally raped by a gang of hardcore feminist with large black dildos than listen to this guy talk. Worse than nails on a chalkboard.
Thank you very very much for all your efforts to help people for learning quick books. How many people think like this. I appreciate you for all you are doing. May God bless you.
At 4:55 when the company file is created, you it may take longer depending on how fast your computer is... and hopefully your doesn't embarrass you. You want to know something? Quickbooks is slow no matter what. I am running 2x Intel E7450 six core processors with 32 gigs of RAM. That's pretty darn close to the fastest, most expensive computer on the market right now. Quickbooks showed that loading screen no quicker than yours did. I usually don't comment, but felt a need here.
concentrate on what? you aren't even explaining anything. i watched the video twice. you aren't explaining what you're doing and how it is used. You aren't telling us terms or anything. I will watch video 2
This Tutorial is great, I learned a lot during the three turorials, Thank you very much, you explain great, thanks for your help, now my class is going to be easier!!!
uh confused. so u go to record deposit? and put in BHSC under received from and .....whatsunder from acc? but the transaction ask us to credit deposit- tour.. so i guess we shouldnt ignore it
hey what are we supposed to put for the "sheep finance loan" in the general journal adjustment entries... it's asking to accrue 1 month's interest at 12% pa on balance at 1 aug 2009?
coz i dunno how much the company borrowed so i can't really calculate the interest... any ideas?
oh right that's fine you debit accrued expenses and credit wages and salaries... lol yeh it's really annoying you have to go back to first years stuff but yeh i'm pretty sure that's the thing coz you debit the liability which would be the accrual, and credit the expense in this case the wages/salaries
it's 31 for all of them, the other numbers are like to distinguish which journal entry is which so like you'd have journal entry 26, 27, 28 all made on the same date.
btw what did you put for "management would like you to create prov for doubtful debts $2000" don't remember the exact wording but that was the general idea. i left it out coz i wasn't sure :S
LOL! well there's not a lot for adjustments, but i haven't really looked through bank statements, i'm guessing it wudnt take more than 2-3 hrs of solid work (again i'm not sure i'm just saying that's probably the maximum it would take). adjustments ar eboring but should take you 30 min tops if you know what you're doing. if you have your old accg100 textbook i suggest you refer to that for adjustments that you have trouble in. i couldn't do entry no. 26
sry i didn't get what u just said... but here's what i did. Since pre. expenses are paid on the 31st of July every year, and the insurance was bought on 1st march, that means 4 months worth was already paid on 31 July, and u have to pay one month of both F&T and gen insurance.
so dr fire and theft AND general insurance, and cr prepaid expenses for ONE MONTH; this is presuming we have the same figures. for me F&T is $4620 and general is $3804. therefore $385 and $317 (respectively) for 1 mth
this should show the interest for 20 days. can't be bothered explaining it if you dont get it (sorry just really tired and have a lotta work to do) but yeh i'm pretty sure that's what you're supposed to do... it doesn't really make sense to do it any other way. but again this is assuming it's compund interest (which it usually is)
ok well i just did it.. was it "Paid Hewitt Holdings Ltd for the purchase of a small storage unit (building)?" coz i just wrote a cheque like it said... and put it under buildings at cost. it was 302,500 for me with a tax code of CAG. i just filled it out like a normal cheque... what was the problem u were having?
yeh well it goes under undeposited funds and i think that's the problem. They wanted us to credit Deposits - Tour (liability) but that could only happen by debiting something else, and since the cheque went into undeposited funds, transferring it from that to the bank means you credit undeposited funds and debit cash at bank, and we can't do anything to the deposit - tour account.... i'm just gonna deposit into the bank and leave it
you're a macquarie dude yeh? i'm doing the same assignment. i tried going to loan manager on the banking tab up top and added a new loan... i put all the details in (btw what's the term for the loan it didn't say) and it didn't give the 250k?!? i made sure everything was right (date etc) no go... if u figure it out plz reply to this i'm desperate i'll let u know if you do it. If the dude who uploaded the video has the answer plz lemme know somehow (email on youtube i guess) much appreciated
well i think we should stick with what was in the notes that the teacer gave us. so what i did is i use record deposit.
im not sure and i have no idea how to check if its right or not! so.. yea thts what i did.. cuz i do not wanna waste my time waiting for the answer haha. ^^
hmm so what your saying is that first you create the loan in loan manager, then record the deposit? well that does sound about right. btw i got a response from bill he said
"I have received a reply from Bill Neish regarding your enquiry.
The recommendation is that you refer to the electronic Quickbooks text - around page 56 - for advice on how to handle this transaction.
We are unable to tell you specifically how to process the transactions - this is your task in completing the assignment."
oh btw what did u put as the term of the deposit. dw u don't have to say i just wanted to know coz i really had no clue what to put so i put 4 years as that seemed about the time it would take to pay off the loan...
What was the amount of the deposit that was made? What was the beginning principle balance of the loan?
Is this actually a mortgage or is it just a loan? If it is a mortgage, that would imply that you have some kind of settlement statement, where the majority of the loan was applied towards the purchase price of the building. In which case I would need the breakdown from the settlement statement to tell you how best to proceed.
The company and everything has been set up for us. and those are one of the questions. i dont know what is the beginning principle balance of the loan. =S
do u have email or msn tht i can send u the file? jus to show u what exactly im working on?
hey btw what is the electronic quickbooks text i cudn't find it :S is it on the cd?
so when u say u figured it out did you go to "loan manager" coz you can't just use record deposit coz it doesn't specify the repayments ($50k) and when theyre made etc.
Sorry i just need to double check coz when i use the right dates & everything, in loan manager when i'm trying to check the balance for Mortgage 6% - Non current account it says "0" (if you go back to the loan and click edit details)
screw anyone who would even bring something negative to your helpful video. you did this out of your own kindness and your own time. therefore, you're awesome. anyone who is negative; well, they're obviously lacking something very fundamental and are unfortunately too ignorant to see that and to change.
Thanks for posting all your helpful tutorial in quickbook. Can you please post also the procedure on how to write off a customer account receivable in quickbook, also to set up credit and enter a cash and credit purchases. Thank you very much and hope to see your reply soon.
Could you please create a Quickbooks video on how to track grants for a university. I have Quickbooks Pro 2006. If you could show it to me step by step I would really appreciate it. Please post it on youtube. Thanks a lot.
Thanks so much for posting this! I really needed to learn QB to up my worth and appeal when applying for jobs. I can't begin to tell you how much this has helped me!
Once you PAY for a lesson you can say whatever you want to your instructor...
caringd777 2 days ago
I need to set aside monies this year to be used nxt year. How would I record that
bchaundre 4 weeks ago
Great Video on working throw Quikbooks go here h t t p : // tiny . oc/8954d
pat1234591 1 month ago
Any one who have required the registered Q.B any Version , I have all type. Further Information contact me
khansaeed188 3 months ago
print your own paycheck stubs - just google paycheck stub templates
eimarketing 3 months ago
DUDE, I've had this dang program since 2009 and have tried several times to start it up and it is impossibe to do....til. I watched your tut's. I have actually started this dang thing and it's starting to work for me!!!! thanks sooo much for making this video. Quickbooks should hire you instead of their stupid videos they do!!!
howtolearncrap 3 months ago
Can you do a video on credit card reconciliation, please? Thank you.
TheSugarplum770 4 months ago
Very user friendly presentation
MrJupiter59 4 months ago
Hi i am have a printing company i would like to know how to manage my inventory, the problem is that i have paper, ink/toner binders covers as all raw materials, when i am finish printing a manual i would like to invoice/sell that manual and all the raw material that ws used to create the manual would be deducted from the inventory.
Is that possible ?
MrShivdin 4 months ago
Thank You :D
MariaVirgo914 5 months ago
I have watched a few Quickbook tutorials and have found the way you teach very helpful. Thank You.
I've taken on a job doing bookkeeping for a company with no bookkeeping experience. I've got over 20 yrs experience in Banking.
I'm doing all the tutorials available, so if you can add anything to help me I can use all the help I can get!
TheSpecial56 5 months ago 2
Hi there
plz can u write me ur e-mail ID..because i really need ur help
Just created company and cant insert previous year balances...am trying it through Chart Of Accont.
plz help
xpresidentrulez 6 months ago
Thank you for your useful videos! I wanted to ask you, I'm switching accountants now and also I want to save some of the fees that accountants charge by doing my own payroll and bookkeeping.I was wondering, my accountant for the first 6 months used probably accounts that I don't understand. Will it be a problem if I use different accounts for my bookkeeping for the rest of the year? With quickbooks the double entry is automatically done by the software? Where can I learn to do my Payroll?Thanks
JohnLennon100 6 months ago
Thank you!
Eleanorus 7 months ago
Why does a payment to a vendor show up in the corresponding receivable account? It doesn't affect the account balance but it is confusing when you are looking at it.
CoachCuddles1 7 months ago
Thank you,
drtooty5 7 months ago
First off, thank you for the tutorial. I know that it takes time and effort. Secondly, and I do regret saying this, I didn't really learn anything I could've figured out for myself. I skipped A LOT because most of your content was filler like "You probably don't have the same version." Say it once if you must, then move on quickly; you don't. You said "uh" and "um" so often that I felt the urge to hit something. At least edit yourself! It's easy and makes for a MUCH easier viewing with clarity.
jakeforti 7 months ago 9
@jakeforti
so much trueth
Arthurpiano 5 months ago
@jakeforti very contructive and ethical... and your words are true.. but nice start although it did help me out a little bit.
14jrlion 4 months ago
@jakeforti RUDE.
RUBYsoHo230 1 month ago
@jakeforti Then pay the $200 for an "error-free" tutorial. This guy did NOT have to take time out of his day to make these videos, it's a gesture.
AraigneeWolf 1 month ago 5
this guy doesnt get out much does he? his communication is horrible....
DaM3DGe 7 months ago
Thanks for your video. I learned so much. I wa afraid to touch the program and now I use it everyday.
Please keep posting!
ygcatalina 8 months ago
thanks for sharing. I needed a quick refresher for an interview I have tomorrow. This (and part 2) was very helpful!
cheneyrochon 8 months ago
Thanks for the tutorial! It's really helpful. :)
iluvme4never 8 months ago
Thank you man, I need to learn quickbook for accouting interview since i am just a fresh graduate
xxxbilly 8 months ago
THANK U, U DIDN'T HAVE TO DO THIS...We need more good ppl like you
ivory3908 9 months ago 22
thanks for the help!
job markets tough
Kristnccsu 9 months ago 2
the mind is like a parachute it works best when opened.
dosklown 9 months ago 4
He is only trying to aid people with some early insights. One only need to open the mind of listening with discretion.
jarrovian7 9 months ago
Would you happen to have a video on how to set up a budget?
I am trying to set up a budget for a church. In our paper budget we had the main item (such as utilities) assigned a number (such as 2000). Then each sub-item (such as power 1995, water 1996 and sewer 1997) another number.
Each change in the sub-number would the automatically subtract from the main item. Some main items, such as Sunday School, may have 10 or 15 sub-items that makes up the main item.
mckinleylen 10 months ago
Wonderful tutorial.
XiulanArisu 10 months ago
Can you do more tutorials? Such as writing checks, payroll, entering Bills.
Thanks either way, this was very helpful!
jassellb 11 months ago
God bless you for your effort in putting together this video. Thank you.
nemoryer 11 months ago
Thanks for posting
izzynee22 11 months ago
I think it was effective . . . I'm applying for a job requiring Quickbooks,and these tuts are very effective for those of us who have worked other programs and need to be brought up to snuff for a job interview . . . lingo, etc.
sabal4020 11 months ago
thanks for taking the time to make the videos. Its a bit slow though.
verymadmama32 1 year ago
I might have watched this whole video but really got tired of hearing "ummm" all the time and it took you too long to get started. Sorry!
PlumBlossomLane 1 year ago
Lol Check out the video response thats freaking funny!!!
cworldwide 1 year ago 2
I appreciate this video... I have yet to gain work experience using Quickbooks and since I recently completed my MBA, Im running into alot of job offers that require experience with it. Thanks for the mini tutorials!
25tjack25 1 year ago
@25tjack25 Have you found a job yet? I didn't get no MBA but I graduated College in Business Admin - Accounting and having trouble finding a job myself because I do not have any experience as well.
megamunchit2008 1 year ago
This has been flagged as spam show
you can get the Enterprise 2010 version key by visiting qsoftbooks.blogspot.com
madni0012 1 year ago
stop elongating your S'sss
lorbocaust 1 year ago
Great job on the whole series. I'm looking to better understand Quickbooks and why so many people use it. Thanks. I watched this and the entire bank rec tutorial to get acquainted and will now look for the other stuff you've done.
dsterry 1 year ago
hi, i have one simple question. do we have to enter invoices in quickbooks even if its already paid?
ratnabom 1 year ago
I haven't used QB in years and I'm interviewing for jobs. These tutorials are great. Thanks for the lessons.
nfmdrcma 1 year ago
HI I am running a business as sole trader and therefore take money out of business account as drawings, where and how do I record this/set this up please.
Thanks in advance for any info.
cheers
grando00 1 year ago
Hello! I'd like to practice these tutorials. How do I download a trial version of quickbooks? Thanks.
TheSugarplum770 1 year ago
Thank you for taking the time to do these tutorials. I am in a life transition right now, and am trying to obtain an office job (been in restaurant management for a couple of decades - trying to transition out). Most of the jobs I have been looking at require knowledge of Quickbooks. I am pretty adept at picking up on things, just need to see how they work...so THANK YOU VERY MUCH for taking time out to prepare this! They seem like they are just what I need! Take care!
EraseAllMemory 1 year ago
Nice video. For advanced inventory management and manufacturing for Quickbooks, check out Fishbowl. We have a YouTube channel at /fishbowl4qb
Fishbowl4QB 1 year ago
Hi
i took a simply a/c ing course and i have been realy trying to learn quick books. These videos are awesome and very slow and detail easy to learn. Thank you very much.
Mrsvidya1 1 year ago
Thanks for the tutorial! Overall great, but in future videos try and cut down on the "uhhh", "uhhm" and "ummm" 's.
sn0boardn 1 year ago
Thanks for the tutorial! Overall great, but in future videos try and cut down on the "uhhh", "uhhm" and "ummm" 's.
sn0boardn 1 year ago
I use quickbook point of sale 9.0 and i just purchased quickbook book pro 2010. my question is how to import the point of sale data to quickbook pro? knowing that both software have 2 different file extension..Thanks
savanny1976 1 year ago
Great advice, thanks for the instructions
Howcast 1 year ago
I just came from from accountants office and he asked me to use quickbooks from now on. Thank-you for taking the time to put this together and putting this video out there. You make it seem much less overwhelming. Thank-you! Thank-you! You rock!
fullUkie 1 year ago
Thank you Matt! Appreciate all your tutorials.
kenikedenise 1 year ago
I entered a bill acct cc961965 amount $781.82 then I pd the acct. cc961965 some how I reentered the acct in $781.82 in bill /my question is how do I void out the second bill?
99672walker 1 year ago
kind of a crap tutorial...you spent the whole time taking about the setup not what it can do.
NJRocks281 1 year ago
Thanks for the help kind sir! You might want to run a disc clean and defrag. for your speed problem..., unless it's just an older computer. Either way, your assistance is greatly appreciated!
crazy4carolyn 1 year ago
Thank you. I'm kinda poor right now so I can't afford lessons but I'm applying for jobs that require Quickbooks skills.
TreeDwellnGnome 1 year ago
Good tutorial. For someone thatvhas no idea of how to start using Quick Books its just great!! Thank you.
111sofia111 1 year ago
Good Job!
mohden 1 year ago
u know what.. ya'll mean ppl need to get a life. He is not getting paid for teaching u all this so if u dont like it, move on!!!!!
@ MJSIEMER: Thanks for sharing this
Aloneincrowd2 1 year ago
Great tutorial, I'm completely new to Quickbooks.
JohnnyTheWolfLupino 1 year ago
Thanks for the tutorial. Helps me a lot.
kokoytoyi 1 year ago
it took 5 mins to get to the home page............sry
mabel71888 1 year ago
Bad teaching skills, leaning off the subject, repeating same thing too often. Too slow in the process.
OxanaGR 1 year ago
@OxanaGR - Just switch it off then and do not watch it..This guy has given up his own time to do this and many people find it very helpful!
I would put money on you were one of those children that behaved like a brat if you didnt get the presents you wanted for Christmas!!
Ungrateful:
adjective:
unappreciative; not displaying gratitude; not giving due return or recompense for benefits conferred!!
FFSheward 10 months ago
Hi,
Please advice on a customer that was entered as a vendor. How should I change that on quickbooks?
mimiN542 1 year ago
nice video. also some good tips are availabe on
icanwin . co . cc
dont put space between words
shaikhstonevilla 1 year ago
This guys killen me. He says he goes fast but Im beatin my head on a wall waiting for him to go quicker. The small talk wasted 6 of the 9 mins.
HipHopRootsTV 1 year ago
@HipHopRootsTV he sounds high lol
mabel71888 1 year ago
I have two businesses and bought quickbooks two years ago. I never took the time to figure it out. Mainly it's too much to set up! Thanks for making these video's. I may take the time now thanks to you.
royalconcrete1 1 year ago
For those of us who never used Quickbooks. I thought it was helpful. Thank You
lillilly25 1 year ago
@lillilly25 ,,,I def agree. I appreciate step by step and slowing things down so I can really digest it.
QueenDesign 1 year ago
too bad it is out of focus.
RevKitKat 1 year ago
Thank you for taking your time and going over things. I really appreciate it!
jonathan92591 1 year ago
This guy means well, but he speaks incoherently and goes on and on and on...I found his speaking to be very annoying and the last two minutes are only worthwhile, if that...this is way too basic!!!
loveiswhatIam 1 year ago
UM UM UM UM
suspekt29 1 year ago
this guy talks too much, rambles on.. then finally gets started at 7min..
milleniumchild82 1 year ago 2
Thank you, a very non threatening style you have
wizsoft 1 year ago
You see, there still are some really nice people out there! I will need to learn this program for my job and happened to come across your video. You have a very nice way of explaining things in a non-threatening way. I've found that when people are learning something new, it is a bit intimidating and this is presented in a clear way. Thank you!!!
Antgne 1 year ago 2
Hi
Thank you ...your Quickbooks tutorial is great..easy and informative. Can you upload more about quick books and also If you know anything about payroll please do upload or send a link. I appreciate your help .
Thank you
Mamtha.
123mamtha 1 year ago
Thank you so much for posting this mjsiemer. My wife is starting to deal with QB and your tutorials are awesome. Much appreciation on your contribution in your knowledge to the community.
HANGER187 1 year ago
Is this tutorial compatible with Quickbooks 2009/10, which uses the "Homepage" feature and flowchart?
keithrocka 2 years ago
Mister, I had to learn this software pronto (starting new day job) and didn't know how. A kid computer geek I know suggested Youtube (which I had't thought of).
That you took the time to make this vid might mean the difference of how well I do my new job.
Much obliged, Dude!
Arkady63 2 years ago
Cool man,
KrummyProductions 2 years ago
I am looking for realtor specific use, could you cover this? It seems to be a huge hole in training out there.
TheRealSensor 2 years ago
This is a great tutorial! Do you know if you can consolidate companies within Quickbooks? If so, could you explain how?
ptm61463 2 years ago
thank you for doing this, very great.
fliminc 2 years ago
Thank you very very much for the posting. I am taking all your courses. Thanks again.
mustu3 2 years ago
This comment has received too many negative votes show
Most people who work for the government, people who work in offices are stupid idiots are slow and do nothing, America is full of cowards that are useless
titoz9 2 years ago
This has been flagged as spam show
Have you ever listened to this video? What the hell is the constant banging in the background? What the hell is that? How many times did you say "um" in this thing? How many? 500??
You start by saying "I know what I'm doing." What -- how to be a rank amateur? Give it up buddy. Drive a truck instead.
MilestonesSlideshows 2 years ago
You're welcome, troll.
mjsiemer 2 years ago 16
@mjsiemer
LMAO! You get 'em, mj! And THANK YOU for this. I'm coming off using SimplyAccounting and I'm hoping this will be more efficient. It seems to be more popular.
EuchridEucrow1 1 year ago
It's funny how people like Milestones take the time to rip on others who just offer some potential help to others. You don't like it, don't watch it. Simple really.
There's a lot better ways to let someone know that the sound quality is bad or you felt the content was weak. It's called being a grown up;} Good luck with your tutorial search!!
Boofcorn 2 years ago 57
@MilestonesSlideshows I agree, id rather by anally raped by a gang of hardcore feminist with large black dildos than listen to this guy talk. Worse than nails on a chalkboard.
novatrek 1 year ago
thanks so much! So many jobs in my city require knowledge of quickbooks! Thanks so much, again!
Genjibunbun 2 years ago
Great videos. Thank you very much!
CroswhiteK 2 years ago
Thank you very very much for all your efforts to help people for learning quick books. How many people think like this. I appreciate you for all you are doing. May God bless you.
fairycanada 2 years ago
At 4:55 when the company file is created, you it may take longer depending on how fast your computer is... and hopefully your doesn't embarrass you. You want to know something? Quickbooks is slow no matter what. I am running 2x Intel E7450 six core processors with 32 gigs of RAM. That's pretty darn close to the fastest, most expensive computer on the market right now. Quickbooks showed that loading screen no quicker than yours did. I usually don't comment, but felt a need here.
ellenboa 2 years ago
concentrate on what? you aren't even explaining anything. i watched the video twice. you aren't explaining what you're doing and how it is used. You aren't telling us terms or anything. I will watch video 2
utopianvirtuoso 2 years ago
thank you for the tutorial
stambeto007 2 years ago
ei where can i download it for free. it tried it the website of quickbooks but i can't get it.
leaton17 2 years ago
This Tutorial is great, I learned a lot during the three turorials, Thank you very much, you explain great, thanks for your help, now my class is going to be easier!!!
themeezaman 2 years ago
uh confused. so u go to record deposit? and put in BHSC under received from and .....whatsunder from acc? but the transaction ask us to credit deposit- tour.. so i guess we shouldnt ignore it
lkatio 2 years ago
yeh i ignored it because i had no idea how to credit that liability account
nuttiutti 2 years ago
hey what are we supposed to put for the "sheep finance loan" in the general journal adjustment entries... it's asking to accrue 1 month's interest at 12% pa on balance at 1 aug 2009?
coz i dunno how much the company borrowed so i can't really calculate the interest... any ideas?
nuttiutti 2 years ago
I havent done the adjustment part. but i had a look at it n i dont know how to do it at all :S
mine on the 1st aug is Reverse accrued wages at the start of the month $720 .
u knw how to do tht?
gosh this is hard
lkatio 2 years ago
oh right that's fine you debit accrued expenses and credit wages and salaries... lol yeh it's really annoying you have to go back to first years stuff but yeh i'm pretty sure that's the thing coz you debit the liability which would be the accrual, and credit the expense in this case the wages/salaries
nuttiutti 2 years ago
where do u go to do all tht?
lkatio 2 years ago
u go to "company" (up the top like where "file" and "edit" are) and select make General Journal entry and then type it up :)
nuttiutti 2 years ago
oh right. thanksss =D
lkatio 2 years ago
btw... for the general journal.. is the date 31 Aug for all. or do we put the date tht is given for each?
omg i hate acc :(
lkatio 2 years ago
it's 31 for all of them, the other numbers are like to distinguish which journal entry is which so like you'd have journal entry 26, 27, 28 all made on the same date.
btw what did you put for "management would like you to create prov for doubtful debts $2000" don't remember the exact wording but that was the general idea. i left it out coz i wasn't sure :S
nuttiutti 2 years ago
oh and you have to put the entry number up top (it should say "Entry No." on the right of "Date")
nuttiutti 2 years ago
ah thanks.
im not sure aswell. i am really bad at adjustment.. i can;t remember what to dr or cr etc..
if i know anything i will let ya know :)
thx
lkatio 2 years ago
holy crap... i jus found out today tht the assignment is due this thurs -.-"
omggg.. is there alot to do from adjustment and bank statement ?
lkatio 2 years ago
LOL! well there's not a lot for adjustments, but i haven't really looked through bank statements, i'm guessing it wudnt take more than 2-3 hrs of solid work (again i'm not sure i'm just saying that's probably the maximum it would take). adjustments ar eboring but should take you 30 min tops if you know what you're doing. if you have your old accg100 textbook i suggest you refer to that for adjustments that you have trouble in. i couldn't do entry no. 26
nuttiutti 2 years ago
crappp! hahah... i cant even do 22,,,
do we jus add up the insurance exp or do we actually have to like divide and times :S..
lkatio 2 years ago
sry i didn't get what u just said... but here's what i did. Since pre. expenses are paid on the 31st of July every year, and the insurance was bought on 1st march, that means 4 months worth was already paid on 31 July, and u have to pay one month of both F&T and gen insurance.
so dr fire and theft AND general insurance, and cr prepaid expenses for ONE MONTH; this is presuming we have the same figures. for me F&T is $4620 and general is $3804. therefore $385 and $317 (respectively) for 1 mth
nuttiutti 2 years ago
sorry i meant 5 (not 4) months of insurance was already paid for on 31 July
nuttiutti 2 years ago
ah yes i did it right :D jus divide it by 12 yea!
ent 23.. the mortgage loan. is the 6% 20 days interest? :S
lkatio 2 years ago
for the interest just go
250000(1.03)^40/365 - 250000
this should show the interest for 20 days. can't be bothered explaining it if you dont get it (sorry just really tired and have a lotta work to do) but yeh i'm pretty sure that's what you're supposed to do... it doesn't really make sense to do it any other way. but again this is assuming it's compund interest (which it usually is)
nuttiutti 2 years ago
oh and to confirm that should give $811.1433 interest
nuttiutti 2 years ago
haha i was just about to ask u.. we didnt do anyting on 1st aug.!!!!
btw do u deposit undeposited fund every day?
lkatio 2 years ago
the electronic QB is in the blackboard under quickbook.
well im not sure at all. under record deposit. i put 6% mortgage under "from acc". so i guess it does specify tht it is 50K.
=S (freaking out) cuz i would not want to go back n redo everything. i am now at transaction 87and i am STUCK again!
lkatio 2 years ago
damn well i'm not up to that yet but temme what's the prob when i get there i'll c what i can do
nuttiutti 2 years ago
oh and thanks for the electronic QB i was looking at the wrong thing :(
nuttiutti 2 years ago
haha no worries. thanks too
lkatio 2 years ago
ok well i just did it.. was it "Paid Hewitt Holdings Ltd for the purchase of a small storage unit (building)?" coz i just wrote a cheque like it said... and put it under buildings at cost. it was 302,500 for me with a tax code of CAG. i just filled it out like a normal cheque... what was the problem u were having?
nuttiutti 2 years ago
oh wait u said 87 not 78 never mind just let me get to it :)
nuttiutti 2 years ago
oh and i just wanted to clarify is BHSC isn't the bushiker's club is it?
nuttiutti 2 years ago
wow ok i got up to it (yes very late i know) but i can't find a way to deposit it into "Deposits- Tour (liability)" i'll give it some thought
nuttiutti 2 years ago
sorry i was asleep.. they received a cheque from bhsc.. dont we go under sales receipt.? i tried received payment but nah :S
lkatio 2 years ago
hey there,
yeh well it goes under undeposited funds and i think that's the problem. They wanted us to credit Deposits - Tour (liability) but that could only happen by debiting something else, and since the cheque went into undeposited funds, transferring it from that to the bank means you credit undeposited funds and debit cash at bank, and we can't do anything to the deposit - tour account.... i'm just gonna deposit into the bank and leave it
nuttiutti 2 years ago
ah see its on page 56. which is the making deposit other than deposited fund. so i am right. =D
no u dont have to make any loan :S
u jus go to record deposit n record what is ur transaction.
bill neish isnt he the one who produce us our assignments? :P
the term deposit for..?
lkatio 2 years ago
oh btw yeh bill was the one who made it. I emailed Brett (unit head i think) and he said he forwarded the q to bill who handles issues such as this
nuttiutti 2 years ago
oh and i am using 2008-2009 edition. =S
lkatio 2 years ago
you're a macquarie dude yeh? i'm doing the same assignment. i tried going to loan manager on the banking tab up top and added a new loan... i put all the details in (btw what's the term for the loan it didn't say) and it didn't give the 250k?!? i made sure everything was right (date etc) no go... if u figure it out plz reply to this i'm desperate i'll let u know if you do it. If the dude who uploaded the video has the answer plz lemme know somehow (email on youtube i guess) much appreciated
nuttiutti 2 years ago
hey yer..
well i think we should stick with what was in the notes that the teacer gave us. so what i did is i use record deposit.
im not sure and i have no idea how to check if its right or not! so.. yea thts what i did.. cuz i do not wanna waste my time waiting for the answer haha. ^^
He havent reply me.
lkatio 2 years ago
hmm so what your saying is that first you create the loan in loan manager, then record the deposit? well that does sound about right. btw i got a response from bill he said
"I have received a reply from Bill Neish regarding your enquiry.
The recommendation is that you refer to the electronic Quickbooks text - around page 56 - for advice on how to handle this transaction.
We are unable to tell you specifically how to process the transactions - this is your task in completing the assignment."
nuttiutti 2 years ago
oh btw what did u put as the term of the deposit. dw u don't have to say i just wanted to know coz i really had no clue what to put so i put 4 years as that seemed about the time it would take to pay off the loan...
i dunno maybe i had the wrong idea
nuttiutti 2 years ago
Hey there i need help with my assignment which im stuck for hours already wondering what i should do with it.
" Direct deposit from East Coast Bank for a mortgage at 6.0%. This mortgage is repayable at $50,000 every six months starting on 31 jan 2010"
I am using the student version Quickbook.
Do i go to record deposit? what should i do with the mortgage??? HELP!
lkatio 2 years ago
I'll need more details to help you.
What was the amount of the deposit that was made? What was the beginning principle balance of the loan?
Is this actually a mortgage or is it just a loan? If it is a mortgage, that would imply that you have some kind of settlement statement, where the majority of the loan was applied towards the purchase price of the building. In which case I would need the breakdown from the settlement statement to tell you how best to proceed.
mjsiemer 2 years ago
Hi there,
The amount of the deposit is $250,000.
The company and everything has been set up for us. and those are one of the questions. i dont know what is the beginning principle balance of the loan. =S
do u have email or msn tht i can send u the file? jus to show u what exactly im working on?
lkatio 2 years ago
hey there,
Ive figured it out myself ^^ thanks
lkatio 2 years ago
hey btw what is the electronic quickbooks text i cudn't find it :S is it on the cd?
so when u say u figured it out did you go to "loan manager" coz you can't just use record deposit coz it doesn't specify the repayments ($50k) and when theyre made etc.
Sorry i just need to double check coz when i use the right dates & everything, in loan manager when i'm trying to check the balance for Mortgage 6% - Non current account it says "0" (if you go back to the loan and click edit details)
nuttiutti 2 years ago
thank you!
mmmdiaz3 2 years ago
How about setting up classes for transactions? Your videos are great!
Thanks
markwubbolding 2 years ago
thank you thank you thank you.
screw anyone who would even bring something negative to your helpful video. you did this out of your own kindness and your own time. therefore, you're awesome. anyone who is negative; well, they're obviously lacking something very fundamental and are unfortunately too ignorant to see that and to change.
keep up the good work; we all appreciate it.
snowboardgoddess4eva 2 years ago
Thanks for making this video!
no56staple 3 years ago
thak u so much ,this is so helpful
lola080 3 years ago
Just what I needed, really appreciate it. Thank you!
BobfromAustin 3 years ago
Thank you so much !
you are very bounty !
vocalcha 3 years ago
Thank you very much for posting this.
Greetings from L.A!
gureyham 3 years ago
Thank you for making people a little bit smarter.
vonlantik 3 years ago
Nice Video! This is very nice of you to spend time making videos that make a lot more people, a little more marketable. Thank You!
onetabigail 3 years ago 3
yeah. im gonna be a bookkeeper soon
bungeegums 3 years ago
Wow, I cant believe this, your vidoes are really helpful! Thanks!
samovalles 3 years ago
Hi mjsiemer,
Thanks for posting all your helpful tutorial in quickbook. Can you please post also the procedure on how to write off a customer account receivable in quickbook, also to set up credit and enter a cash and credit purchases. Thank you very much and hope to see your reply soon.
Have a great day!
Toshi
toshijtm 3 years ago
great..atleast.,,just wonderin how quickbooks start making??
celactite 3 years ago
This REALLY came in handy for my new job. You're AWESOME!
msplum83 3 years ago
Could you please create a Quickbooks video on how to track grants for a university. I have Quickbooks Pro 2006. If you could show it to me step by step I would really appreciate it. Please post it on youtube. Thanks a lot.
qbssmith 3 years ago
thanks needed to learn it also great up
roibert 3 years ago
Thanks M8!
freshpinesent 3 years ago
THANKS!
redgrasss 3 years ago
good
sdhall36 4 years ago
It really is great, thanks a lot for the information!
photographybyjc 4 years ago
wow, thanks for posting.this is great. :)
ckeanu2 4 years ago
Thank you for posting this tutorial. Its very clear cut unlike any other
koicyn 4 years ago
great! very helpful....Thanks!!
mztech 4 years ago
definitely a must for all businesses thank you so much for the info....
Lundonna 4 years ago
please keep posting more tutorials about QuickBooks you are a great teacher, I learned a lot.
goldengeek007 4 years ago
Thanks so much for posting this! I really needed to learn QB to up my worth and appeal when applying for jobs. I can't begin to tell you how much this has helped me!
EclecticCaliGirl 4 years ago