QuickBooks Online 2019 Complete Tutorial: Setup, Chart of Accounts, and Banking

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Setup a new account for free (30 day trial) using my affiliate site for 50% discount in the future: http://www.quickbooksoffer.com/?cid=irp-4337#pricing

Topics Covered in this video:
00) Intro and Using Google Chrome as your main browser for QuickBooks Online
01)  00:02:39 Setting up a free trial: www.quickbooks50.com
02)  00:04:11 Choosing the right version of QBO, we will start with ESSENTIALS
03)  0000000 Configuring QuickBooks Settings for your business
04)  00:17:40 Setting up your Chart of Accounts
05)  00:44:39 Connecting you Bank to QuickBooks
06)  00:49:30 Setting up new Customers and Vendors
07)  00:56:00 Creating opening balances for existing customers and vendors
08)  00:58:11 Creating Products and Services (Items)
09) 01:02:48 Creating Estimates and Invoices, Sales Receipts, Getting Customer Payments
10)  01:12:20 Creating Bills, Receiving Customer Payments and Paying Bills (Accounts Payable)
11) 01:22:05 Working Bank Registers, Checks, Transfers, and Bank Reconciliation
12) 01:35:04 Journal Entries, and Customer Statements
13) 01:38:42 Enable Purchase Orders and Receiving Inventory (PLUS EDITION ONLY)
14) 01:14:13 Transactions with Inventory (PLUS EDITION ONLY)
15) 01:52:32 Creating Budgets and Budget vs. Actual Reports, plus Job Costing basics (PLUS EDITION ONLY)
17) 01:55:35 Connecting with your Accountant

This is the ultimate QuickBooks tutorial, but What is not covered on this video?
Timesheets, Payroll, Sales Tax, 1099-Misc Forms, Online Banking / Bank Feeds, Inventory Management, Error Correction, Accountants Tools, Project/Job Costing, Working with Classes and/or Location, Customizing Reports, Credit Memos, Refunds, Vendor Credits, Batch Printing, QuickBooks Labs, Importing Data, Converting from Desktop, Advanced searching tools, Recurring Transactions, QuickBooks Payments, Audit Log, Connecting Apps, and may have missed other small things…

Other Videos recommended:
1- QuickBooks Online Bank Feeds Masterclass:

2- Mastering QuickBooks Online Bank Rules:

3- More QuickBooks Online Bank feeds:

4- QuickBooks Online for Accountants – part 1:

5- QuickBooks Online for Accountants – part 2:

6- QuickBooks Online for Accountants – part 3:


Crys BS says:

Is anyone having issues with PayPal integration syncing with QBO. Has been working fine for the past year. Currently ok for self employed but for essentials never moves past the give permission phase.

rochelle burnett says:

what do you in a case where client already connect their bank and already bring in 90 days of transactions but you didn't get to add the opening balancing in the chart of account because their bank account was open in april 2008. how do i go about adding that so the book will be balanced.

Covered Bridge Brewing says:

Thanks Hector. I have a retail component to my business, and have learned that the easiest way to track daily sales is by creating a sales receipt. Do you have a video specific to that on your channel?

Eduardo Morazan says:

Muy buen video. Gracias por toda la informacion.

Abegail Gay Dionio says:

Thanks for this video. It really helps a lot to understand its features and usage. Godbless you more 🙂

Edward Mcowen says:

Lots of good info! I'm a soul proprietor who hasn't been diligent separating business and personal expenses , how should i record a swipe of my business card for personal expenses and how do i record a transfer from business account to personal account?

Leonard Alterio says:

Love all your content! Appreciate you making these videos- its helped my business so much. Quick question: I am reconciling books. And for some reason it wont allow me to enter the beginning balance to reconcile. Did I not enter in the right beginning balance? How do I fix this?

Sasha Doberstein says:

Thank you for this video! I have a question. my husband and I are purchasing a business this month. The current owners use QuickBooks desktop and we will be using online. Are we able to easily transfer the data and company file from their desktop version to the online? Thanks again.

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