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Updated in [August 31st, 2023]

Skills and Knowledge:
At the end of this course, you will have the skills and knowledge to:


Understand the basics of QuickBooks Online QBO
Link bank and credit card accounts to QuickBooks Online QBO
Download bank data from your financial institution and upload it to QuickBooks Online QBO
Create financial report data from the bank feed information
Create and use bank rules
Create a balance sheet and profit and loss statement
Understand best practices for data input and financial statement creation

Professional Growth:
This course on QuickBooks Online (QBO) Bookkeeping with Bank Feeds contributes to professional growth in several ways:
1. Enhanced technical skills: By learning how to use bank feeds in QuickBooks Online, professionals can improve their technical skills in using accounting software. This knowledge is highly valuable in today's digital age, where businesses increasingly rely on technology for financial management.
2. Efficiency and productivity: Understanding how to link bank and credit card accounts for automatic bank feed data and how to download and upload bank data to QuickBooks Online can significantly streamline the bookkeeping process. This can save time and effort, allowing professionals to focus on other important tasks and increasing overall productivity.
3. Accurate financial reporting: The course covers how to create financial report data from bank feed information. This knowledge enables professionals to generate accurate and up-to-date financial statements, which are crucial for making informed business decisions and meeting reporting requirements.
4. Automation and optimization: The course teaches learners how to create and use bank rules, which automate the categorization and allocation of transactions. This automation can save time and reduce errors, leading to more efficient and optimized bookkeeping processes.
5. Best practices and clean financial statements: Throughout the course, learners will be exposed to best practices for data input and financial statement presentation. This knowledge helps professionals maintain clean and readable financial statements, which are essential for effective communication with stakeholders and compliance with accounting standards.
Overall, this course equips professionals with the necessary skills and knowledge to effectively utilize bank feeds in QuickBooks Online, leading to improved efficiency, accuracy, and professionalism in their bookkeeping practices.

Further Education:
This course is suitable for preparing for further education. It provides a comprehensive understanding of how to use bank feeds with QuickBooks Online, which is a valuable skill for anyone pursuing further education in accounting or finance. The course covers topics such as setting up a company file, linking bank and credit card accounts, downloading and uploading bank data, creating financial reports, and using bank rules. The course is taught by a Certified Public Accountant (CPA), adding credibility to the instruction. Overall, this course can help students develop the necessary skills and knowledge for further education in the field.