Best working Udemy Coupon Code

QuickBooks Desktop vs QBO Multiple Currencies

Learn to record transactions using multiple currencies using both QuickBooks Online and QuickBooks Desktop


Udemy Coupon Code 100% off | Udemy Free Course | Udemy offer | Udemy Coupon working

Description

The course will start by discussing how to get access to both QuickBooks Online and QuickBooks Desktop. Intuit, the owner of QuickBooks often offers a free 30-day trial for each software package.

This will be a project based course. We will enter transaction in Excel before entering them into the accounting software, QuickBooks desktop and QuickBooks Online. Excel is more transparent, making it easier to understand the process. QuickBooks will then automate the process making it more efficient.

We will learn how to turn multicurrency on in both QuickBooks Online and QuickBooks Desktop. We will learn which accounts will be affected most by multicurrency transactions, these accounts being cash account types, accounts receivable account types, and accounts payable account types.

This course will work an example problems related to the sales cycles and the purchases cycle. The sales cycle will focus in on tracking foreign currency receivables. the purchases cycle will focus on foreign currency payables.

We will also demonstrate transactions related to forward contracts. We will discuss the uses of forward contracts including for speculative purposes and to mitigate risk on foreign currency transactions.

The multiple currency feature is useful when the company is holding onto cash in a foreign currency, the software helping us to record the home currency equivalent for financial statement presentation.

Multiple currency functionality is also helpful when we make sales on account, sending an invoice, hoping to get paid in the future, tracking accounting receivable, but expecting to be paid in a foreign currency. The accounts receivable account will need to be valued in the home currency even though we will be paid in a foreign one.

We have a similar situation when we make purchases on account, promising to pay in a foreign currency at some point in the future. The accounts payable account will need to be valued in the home currency equivalence even though we will be paying in a foreign currency.

Join our below 2 Telegram groups for instant coupon notifications !
Want 100% Free Udemy Courses ?
Join "100% Free Courses Group"
Want free dumps on any IT exam (AWS, ISTQB, AZURE) ?
Join "IT Mega Dumps Group"

Steps to redeem this Udemy Offer

  1. Check all the below offers one by one.
  2. Some of the below offers are applicable to all courses on Udemy and some are applicable only to this specific course.
  3. When you click, the best offer is automatically applied and you will be taken to the Udemy.com course details page.
  4. If this is a 100% off offer, you will see a course price as 0. Please proceed with enrolling the course for free.
  5. Note, discount coupon codes are limited to 1000 redemptions only. If you used the coupon after 1000 enrollments are done, coupon discount will not be applicable.
  6. If this is any other discount offer, you will see the effective price of course with the discount applied.
  7. Please note, the Udemy offers runs for very short duration and gets expired if not redeemed within time.
  8. If you are not satisfied with running offers, Udemy has a free resource center where all courses are free. Click here to go to Udemy free resource center

Available Udemy offers for this Course are listed below

Important : Check all offers one by one and grab the best !

Card image cap
Udemy New Customer Offer

Top Udemy courses from 13.99$ when you first visit Udemy.

OR check below offer

Get this course offer on Udemy
73 People Already Collected this Udemy coupon

Want more coupons ? :-)