Bookkeeping
1. Xero Software : Invoice
2. Xero Software : Bill (Accounts Payable)
3. Xero Software: Bank Reconciliation
4. Profit and Loss Report
5. Quickbooks- Uncategorized Bank Transactions
6. Quickbooks- Categorized Bank Transactions
7. Quickbooks - Reconciliation Summary Report
8. Quickbooks- Invoices
9. Quickbooks- Bills
10. Quickbook - Profit and Loss Report, Balance Sheet, Expenses by Vendor Summary
11. Quickbook Chart of Account- Income, Expenses, Liability
SET UP A COMPANY FILE (RETAIL BUSINESS)
1. Set up Company File ( ESSENTIAL HOME STORE)
2. Set up Chart of Accounts (Income, Expense, Cost of Goods Sold, Asset Account)
- Income Account
- Expense Account
- Cost of Goods Sold
- Asset Account
3. Adding Customers, Vendors and Inventory Items
4. Recording Transactions (Purchase Items, Sale to Customer, Received Payment, Expenses)
- Purchase Items
- Sales to Customer
- Received Payment
- Expenses
3. Profit and Loss Report
4. Balance Sheet Report
5. Inventory Valuation Summary
