Revenue Recognition & Fixed Assets: The Latest in QBO Advanced
Stay ahead of the curve with the latest updates in QuickBooks Online Advanced. This session breaks down new features for revenue recognition and fixed asset management, making compliance and tracking easier than ever. Discover practical tips to streamline your workflow and boost your accounting accuracy.
Workshop Wednesdays are a free live discussion about topics affecting Accountants, Bookkeepers, and Business Owners.
Learn More about the Bookkeeping 4 Contractor's Group: https://snip.ly/WSWB4CG
Earn CPE at Earmark for the workshop at: https://bit.ly/SofBCPE
BOGO: Get QBO Advanced and School of Bookkeeping together! Learn more here: https://snip.ly/bundle
Brought to you by http://www.schoolofbookkeeping.com - Keep Learning QuickBooks - Your Way!!
00:00 Welcome and Tax Day
00:52 Why Bookkeeping Matters
02:47 Workshop Focus Overview
04:52 Where Revenue Tools Moved
07:32 Build Recognition Templates
10:16 Assign Items and Invoicing
13:52 Service Date Requirement
15:28 Why Recognize Revenue
17:28 SOX and GAAP Context
19:59 Fixed Assets Dashboard
22:44 Depreciation Methods Setup
26:55 Limits Pricing and Alternatives
30:53 Wrap Up and Next Series