Best working Udemy Coupon Code

Excel Accounting 3 – Enter First Month of Transactions

Learn how to enter transactions, & their impact on general ledger, subsidiary ledgers, trial balance, & financial stmts


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

Description

In this course we will enter common financial transactions for the first month of operations into an accounting system set up using an Excel worksheet.

Learners will learn how to navigate Microsoft Excel as well as how to use a well-designed accounting worksheet, complete with a general journal, trial balance, general ledger, subsidiary ledgers for accounts receivable, accounts payable, & inventory, financial statements and much more.

Excel is a very good tool to learn accounting because it is much more transparent than a database program, like accounting software, QuickBooks being a common example of accounting software.

For most new steps in the process, you will have access to a downloadable Excel Workbook, containing at least two tabs, one with the answer, the new steps being completed, the other starting out where the prior presentation left off.

As we enter financial transactions, we will discuss common data input forms used to enter the transactions by accounting software like QuickBooks. We post and analyze the impact of each financial transaction on the general journal, the general ledger, subsidiary ledgers, trial balance, and financial statements.

New businesses often need to generate capital, cash, they can then use to invest in property plant and equipment, inventory, and start up costs. The first few transactions we will enter will be related to the owner putting personal funding into the business and the business taking out a loan from a financial institution.

We will then consider financial transactions related to the purchase of inventory and the purchase of short-term investments like stocks and bonds.

Learners will know how to enter transactions related to selling inventory items, tracking inventory using a perpetual inventory method, adjusting the inventory subledger with each sale and purchase of inventory.

The course will discuss the financial transactions related to receiving payments from a customer, decreasing the accounts receivable, and tracking the accounts receivable subledger, recording accounts receivable by customer.

We will also discuss the use of undeposited funds as a tool to group our deposits in the same way we expect them to show on the bank statement, making the bank reconciliation process, a very important internal control, easy.

The course will demonstrate entering transactions related to writing checks for expenses like utilities and the telephone, and prepaid expenses like insurance.

Learners will also enter transactions related to payroll, requiring us to withhold employee payroll taxes, and enter employer payroll taxes.

After entering a months’ worth of data input will create and adjust our financial statements, the balance sheet and the income statement.

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
118 People Already Collected this Udemy coupon

Want more coupons ? :-)