Excel Accounting 1 - Transactions for Common Data Input Forms

What you'll learn
How to create an accounting system using Excel, starting from a blank worksheet
How to navigate and format Excel worksheets
How to create a general journal
How to create a general ledger
How to create a trial balance
How to create subsidiary ledgers
How to create financial statements, including a balance sheet and income statement
How to enter transactions related to the vendor cycle, including the impact on subsidiary ledgers and financial statements
How to enter transactions related to the customer cycle, including the impact on subsidiary ledgers and financial statements
How to enter transactions related to the employee cycle, including the impact on subsidiary ledgers and financial statements
Requirements
None - if you do not have Excel you may use Google Sheets or some other spreadsheet program
Description
In this course we will build an accounting system starting with a blank Excel worksheet, creating a general journal, a general ledger, a trial balance, subledgers, and financial statements.
For each new step in the process, you will have access to a downloadable Excel Workbook, containing at least two tabs, one with the answer, the new steps having been completed, the other starting out where the prior presentation left off.
Once we have created our accounting system worksheet, we will use it to record common transactions, entering the journal entries into the general journal, posting to the general ledger, creating the trial balance, adjusting the subsidiary ledgers, and constructing the financial statements.
As we enter each transaction, we will consider the data input often used in accounting software like QuickBooks. Accounting software will use data input forms like bills, invoices, credit memos, checks, sales receipts, and more, to simplify the data input process, allowing users with little accounting experience to learn data input.
Accountants are generally more valuable when they understand both the accounting theory, the impact on financial statements of each transaction, as well as how an accounting database program like QuickBooks works, including the data input forms used to enter normal financial transactions.
Because spreadsheets are so transparent, they are the perfect tool to gain and understanding of both, accounting theory and accounting software.
Conversely, building an accounting system in Excel is a great way, one of the best ways, to improve your Excel skills.
Who this course is for
Accounting professionals
Anyone who wants to learn Excel
Students
Business professionals
Homepage

https://www.udemy.com/course/excel-accounting-1transactions-for-common-data-input-forms/