Discussion Questions Closing Process Financial Accounting Closing process ... https://www.youtube.com/watch?v=H8lobMYCOhE

Spanish audio https://youtu.be/Wgt9Drc7i6Q Forms QuickBooks Pro Desktop 2020 https://accountinginstruction.info/wp-admin/post.php?post=6732&action=edit This presentation, we want to take a look at some terminology related specifically to QuickBooks in this case focusing in on the term of forums as it relates to QuickBooks within QuickBooks Pro 2020, QuickBooks desktop 2020. Here we are in our get great guitars file, we currently have the open windows open, you can open the open windows by selecting the view drop down and the open windows lyst. 0:23 We have the Home tab open in order to open the home page, you would go to the company drop down and the homepage. Now we want to talk a little bit more about the term of form. Within QuickBooks. We've discussed this a bit as we've gone through the vendors Center and the customer centered the flows of the activity, we want to emphasize it more here because it's really important to understand the terminology that you'll be using. Because when you talk to different people, they're going to be thinking about different kind of terminology. 0:54 And even within the field of accounting, it will change. For example, if you're talking about an accountant, that's business learning, accounting theory, they're learning in terms of debits and credits, and not so much through the data input forms. So when we as an accountant, as a bookkeeper talk to someone who's mainly focusing in on financial transactions being recorded, which could include people like auditors, then we need to be we need to understand that the different types of terminology that we will be talking about. 1:25 So the term form, in this case, then when we think about QuickBooks will mean these data input screens, so things like bills, things like the pay bills, which will in essence be checks, the create the invoice, the receive payment, the Create sales receipt, these for QuickBooks, or the forms now and you know, if I was not in QuickBooks, and other accountants might see these screens as basically data input screens or something like that, QuickBooks will typically call these forms. 1:56 And for QuickBooks, then the forms which are these basically data input screens are going to be the things that drive financial transactions. If I was on the accounting side of things, or if I was learning, just basically financial accounting, possibly when you're talking to auditors, or other people in the accounting field that do not work specifically with QuickBooks, or other accounting software that uses similar terminology, then they would think of financial transactions, basically, with debits and credits, the actual transactions are the actual increases and decreases in in accounts that basically the accounting equation going up and down. 2 ... https://www.youtube.com/watch?v=4MNmSCLCYgw