Excel Accounting 4–Enter Data & Track Current Month & YTD

Learn how to enter accounting data into an accounting system using Excel, generating reports for multiple months
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Excel Accounting 4–Enter Data & Track Current Month & YTD
40 877
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6.5 hours
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Jan 2022
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$29.99
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Why take this course?


Course Title: Excel Accounting 4 – Enter Data & Track Current Month & YTD

Headline: Dive into Advanced Excel Accounting Techniques to Master Financial Reporting! 🧿💰

Master Excel for Accounting with Confidence!

Welcome to the Excel Accounting 4 – Enter Data & Track Current Month & YTD course, where you'll unlock the full potential of Excel as a robust accounting tool. Robert (Bob) Steele, an experienced course instructor, will guide you through the intricacies of inputting accounting data into Excel, creating comprehensive reports, and understanding how this mirrors real-world financial systems like QuickBooks.

Why Choose Excel for Accounting? 🚀

  • Transparency & Control: Unlike opaque database programs, Excel provides a clear view of your transactions, making it an excellent platform for learning accounting principles.
  • Real-World Application: You'll learn how accounting software like QuickBooks generates reports, preparing you for real-world financial management.
  • Hands-On Learning: With downloadable Excel Workbooks and step-by-step guidance, you'll engage with the material in a practical, interactive way.

Course Breakdown:

📈 What You Will Learn:

  • Navigating Microsoft Excel: Get familiar with the interface and features necessary for accounting tasks.
  • Using an Accounting Worksheet: Learn to manage a well-designed worksheet that includes a general journal, trial balance, general ledger, subsidiary ledgers (for accounts receivable, accounts payable, inventory), and financial statements.
  • Data Input & Reporting: Enter data for one month and learn to generate reports for different periods, including monthly, multi-month, and comparative reports.
  • Accounting Cycles: Understand and enter transactions for each cycle: revenue, purchases, and payroll.
  • Financial Statements Creation: Produce financial statements for the current month and year-to-date (YTD) data.

Course Structure:

  1. Setting Up Your Accounting System in Excel:

    • Learn how to set up a basic accounting system within Excel, including a general journal and ledgers.
  2. Entering Transactions:

    • Master the process of recording transactions into the general journal and updating the subsidiary ledgers accordingly.
  3. Balancing Your Accounts:

    • Gain the ability to maintain a trial balance and ensure that all accounts are in balance.
  4. Generating Financial Statements:

    • Prepare financial statements such as the income statement, balance sheet, and cash flow statement for both the current month and YTD.
  5. Analyzing Financial Data:

    • Analyze the data to understand financial performance and position over different time periods.
  6. Comparative Analysis & Reporting:

    • Learn to create comparative reports that highlight trends, variances, and anomalies in financial data.

Your Journey with Excel Accounting 4:

As you progress through this course, you'll gain a deeper understanding of how Excel can be used as a powerful tool for managing accounting information. By the end of the course, you'll have the skills and knowledge to confidently track financial activities, create detailed reports, and make informed decisions based on real-time data.

Enroll Now & Transform Your Accounting Skills with Excel! 💼✨


Take the next step in your accounting career and master the art of financial reporting within Excel. With this course, you're not just learning; you're preparing to excel in a world where data-driven decision making is key. Join us and unlock the door to a new level of expertise in accounting and Excel! 🚀📊✨

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4441160
udemy ID
12/12/2021
course created date
09/01/2022
course indexed date
Ignacio Castro
course submited by