QuickBooks Desktop Tutorial: Reports Basics & Financial Statement Analysis

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00:00:00 Intro
00:05:00 Profit & Loss
00:10:00 Balance Sheet
00:15:00 Comparatives
00:30:00 Other Reports (i.e. A/R Aging)
00:45:00 Outro

[zzzlife]

Fast, comprehensive, VERY EDUCATIONAL. Hector is doing an excellent job in this presentation . If you have basic knowledge of accounting this video will make it very easy for you to learn Quickbooks. I very much appreciate your presentation Hector, thank you so much 🙏🙏🙏

[janinerepic]

I am so excited that I was able to watch such an educational video. I have been an accountant for several years, however to to health issues I have been out of the workforce for a while. I have an interview with a large CPA firm today and I was feeling really rusty until I watched this video and was able to refresh my memory. GREAT JOB

[louietoltolvlog]

It’s so wonderful lessons ever.
May I ask a question?
1. If owner asks about financial reports, do I just need to give him a P & L report and Balance sheet?
Is it only two reports?
2. What about trial balance, general ledger? Is it just for me to review or should I think of financial report?
3. When do I need to make a journal entry and why do we need to do?
4. If owner just purchased a new car for his work, should I put it’s his asset and should it be recorded depreciated expense?
5. If company bought a new computer $1000 for me with a credit card, should I just enter a credit card for purchase only or should I record a new computer purchase for an asset and depreciate ?

[anaramirez]

Fantastic video, really appreciate the time you put into making these. BTW, does any one know which video explains step by step on how to add late fees or monthly interest charge to past due invoices, and how it would show on Statements?
Thank you for sharing such valuable information. 🙏

[louietoltolvlog]

Thank you. I took QB with other school online and sadly it was a little learning. Terrible but your is so useful. Thank you so much 😊

[timothypotapenko]

Thank-you for these videos. Starting from 0, these are helping me learn fast!

[Phoenixspin]

This guy is awesome. When I grow up, I want to be like him.

[Mrspaige]

Seriously, you are such a blessing to my life! This is wonderful content and you made it so easy to understand. 👏🏽👏🏽👏🏽

[glennscanlan]

Very well explained. Really learned a lot. Thank you, keep putting out great videos!

[aprilsmith]

What a great video. You are very good at explaining and giving an understanding of how this all works! Thank you!

[garyjclancy]

That was an amazing video! Very well done. Thank you!

[jorgefraga]

Hector this is a great video as always you are the best!. learning so much with your videos

[michellewithrow]

Great content and easy to follow along

[abdihananjama]

Thank you so much Prof. Hector. Definitely, that was an Informative Video.

[EdenLipao]

newbie here on Quickbook...really wanted to learn

[megavitai]

Hola Hector. Me gustaria saber si aun tiene disponible el curso online de QB Desktop por 3 dias??? Estoy interesada. Gracias

[louietoltolvlog]

Do you have any plan to teach QB online in discord?

[hassaneidsaied]

Hector, you are the best in the west!!!

[kathyho]

Hoila! Can you kindly post a video on how to fix the common problems found using QB? Muchas gracias!

[jhonatanorabadillo]

Great video!
We're working on a reporting project with Power BI and generate some dashboards, for example, Profit & Loss and Balance from QuickBooks Desktop Data. So, Could you give us advice to achieve it?

thanks!