[Udemy] Excel Accounting 2–Worksheet, Opening Balances, & Subledger

August 16, 2022 Office Productivity

Deal Score0

100% OFF Get Course

Deal Score0

100% OFF Get Course

What you’ll learn

How one can create an accounting system in Excel
How one can enter starting account balances into a brand new accounting system
How one can navigate Microsoft Excel
How one can enter starting balances for stock and create an accompanying subsidiary ledger

Requirements

None – When you shouldn’t have entry to Microsoft Excel you should utilize Google Sheets or one other digital spreadsheet program

Description

On this course we’ll create an accounting system ranging from a clean Excel worksheet and add begging balances to our accounts.

Learners will discover ways to navigate Microsoft Excel in addition to find out how to create a well-designed accounting worksheet, full with a normal journal, trial steadiness, normal ledger, and subsidiary ledgers for accounts receivable, accounts payable, & stock.

Excel is an excellent software to study accounting as a result of it’s way more clear than a database program, like accounting software program, QuickBooks being a typical instance of accounting software program.

For many new steps within the course of, you should have entry to a downloadable Excel Workbook, containing no less than two tabs, one with the reply, the brand new steps being accomplished, the opposite beginning out the place the prior presentation left off.

As soon as our accounting system utilizing an Excel worksheet is about up, we’ll add journal entries to enter starting balances to our accounts, imagining we’re shifting from a previous accounting system to our new Excel worksheet system.

When including the start stock steadiness to the chart of accounts, we will even add a list subsidiary ledger, reporting stock by merchandise and unit, in addition to by value.