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v6.8.12

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Excel Accounting 2–Worksheet, Opening Balances, & Subledger

Learn how to set up an accounting system in Excel and add beginning balances from a Certified Public Accountant (CPA)

  1. Topics
  2. Finance & Accounting
  3. Excel Accounting Basics

Excel Accounting 2–Worksheet, Opening Balances, & Subledger

InstructorRobert (Bob) Steele
Duration2h 26m
Students40.7K
Rating4.5 (169)
Sponsored
Price
$12.99
Coupon
None
No active coupon currently available
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Open on UdemyCurrent Udemy price

Coupon history

Comidoc has tracked 3 coupons for this course since 2025, last checked 9 months, 28 days ago. On average, a new coupon appears roughly every 127 days.

Coupon codeDiscountAddedStatusLifetime
B220B78DC7B78A530E5C100% offDec 28, 202505:41 PM UTCExpired~5 daysRan full term
50EDF2DAE91048B6F35E100% offOct 31, 202509:01 AM UTCExpired~5 daysRan full term
11F60CB31CD6242F1207100% offOct 13, 202508:31 AM UTCExpired~5 daysRan full term
Comidoc Analysis

Excel-based Accounting System and Subledger Setup

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Strengths

Subledger Management

Instruction covers the creation and management of specific subsidiary ledgers for inventory, accounts receivable, and accounts payable.

Practical Workbook Application

The workflow utilizes downloadable Excel workbooks containing both completed answer tabs and starting points for active practice.

Limitations

Limited Scope

The curriculum focuses on the initial setup and opening balance phase rather than ongoing, complex accounting cycles.

Best suited to

  • Accounting and business students
  • Learners seeking transparency in ledger structures
  • Individuals transitioning from prior accounting systems

Less suited to

  • Those seeking automated accounting software training
  • Learners requiring advanced spreadsheet automation

Comidoc Score

5.8/10

Worth considering
Defined audience

Comidoc verdict

Constructing a functional accounting system within a spreadsheet environment involves building general journals and various subsidiary ledgers. This approach provides a transparent view of how opening balances and transactions flow through an organization's accounts.

The instruction covers managing inventory, receivables, and payables through the use of downloadable workbooks for practical application. While these tools facilitate the initial setup phase, the scope is centered on establishing the system rather than navigating complex, ongoing accounting cycles.

This training is best suited for accounting students or individuals who want to understand the underlying mechanics of ledger management through a transparent, spreadsheet-based method.

Score breakdown

Curriculum depth
7.3

The curriculum covers essential components including general journals, trial balances, and specific subsidiary ledgers.

Applied learning
4.3

Learners use downloadable workbooks to follow the setup process through practical examples.

Clarity & experience
5.8

Learner signals indicate that the explanations are detailed and easy to follow for practical application.

Currency & reliability
5.0

The available evidence does not establish enough about current reliability to move this dimension away from neutral.

Audience fit
5.8

The curriculum aligns with the stated goals of accounting students and those interested in Excel-based systems.

More Related Topics

  • Accounting Systems21
  • Opening Balances2
  • Subledger Management2
  • Accounting Worksheets1
  • Accounting Fundamentals260
  • Financial Accounting (FI)276
  • Professional Bookkeeping124
  • Financial Key Terms7
  • Basic Accounting124
  • Financial Bookkeeping21