Course description

QuickBooks for personal bookkeeping, finance, and accounting. Enter personal financial data, create and analyze financial statements including personal balance sheet and income statements or profit & loss statement, & track important tax data.

The course will provide backup files that can be used to jump forward or to rework any component of the course. Backup files and the ability to use multiple QuickBooks files, in a similar way we use multiple Microsoft Word documents, is a HUGE benefit to learning QuickBooks and accounting that QuickBooks Desktop offers us. If our goal is to learn accounting concepts, bookkeeping, and or data input, we should take advantage of the use of backup files to improve our skills and gain new ones.

We will set up a new QuickBooks file explicitly designed for personal data entry and tracking, including a personalized chart of accounts.

The course will provide examples and practice problems to enter personal data into QuickBooks using a bank statement. We will provide example bank statements in PDF format that can be used to work the problem step by step along with instructional videos.

We will enter credit card data into QuickBooks from credit card statements. The course will provide PDF files of credit card statements.

The course will also set up a small QuickBooks business file as a comparison to the personal file, and to show how to account for intercompany or inter-QuickBooks file transactions. In other words, we will track transactions between the business and personal checking accounts in both the individual and business QuickBooks files.

We will track and record personal investments into QuickBooks, discussing various options and their pros and cons.

The course will discuss how to record and track home valuation in QuickBooks, as well as the tracking of home loans and the recording of payments that include both interest and principal.

We will cover the entering of W-2 wages into a personal QuickBooks file and the various methods we can use including breaking out the gross pay and the withholding amounts.

The course will discuss various methods for tracking and recording credit card payments and balances.

We will also discuss how to record and track the valuation of an automobile and how to enter and track prepayments like prepaid insurance


What you’ll learn

  • How to track personal bookkeeping, financial data, & tax information using QuickBooks
  • How to create and analyze personal financial statements from QuickBooks including a balance sheet and income statement or profit and loss
  • How to set up a personal QuickBooks file and enter the chart of accounts
  • How to enter personal data into QuickBooks, setting up new accounts as is needed, using a personal bank statement
  • How to track business financial data in a separate QuickBooks file and record intercompany transactions, those between a personal account and a business account
  • How to track and record personal investment data using QuickBooks
  • Hot to track personal home valuation using QuickBooks
  • How to record home loan balance and related payments of both interest and principal
  • How to enter W-2 wages into personal QuickBooks files, breaking out gross pay and withholding amounts
  • How to enter and track personal credit card payments and balances using QuickBooks
  • How to track auto valuation using QuickBooks
  • Methods for tracking prepaid amounts such as insurance using QuickBooks


Are there any course requirements or prerequisites?

  • It would be best to have QuickBooks Desktop although this is not a requirement and many of the concepts will be applicable to QuickBooks Online and other accounting software.


Who this course is for:

  • Anybody who wants to track personal financial data
  • Anybody who wants to organize tax data
  • Anybody who want to create personal budgets and financial plans
  • Anybody who want to understand their personal financial position better and how to create and analyze personal financial statements, including a balance sheet and income statement

Course curriculum

  • 2
    Separate Business QuickBooks File-Set Up & Enter Data For First Month
    • 3 Separate Business QuickBooks File-Set Up & Enter Data For First Month
    • 420 Set Up New QuickBooks Business File
    • Documents To Download
    • 425 Add Checking Account & Beginning Balance
    • 430 Enter Business Deposits From Business Bank Statement January
    • 435 Enter Business Outflows From Business Bank Statement January
    • 440 Bank Reconciliation Business Account January
    • 445 Print Reports Business Account January
    • Accounting Comic Break
  • 3
    Compare Separate Business & Personal QuickBooks Files For First Month
    • 4 Compare Separate Business & Personal QuickBooks Files For First Month
    • 610 Compare Business & Personal January
    • Accounting Comic Break
  • 4
    Separate Personal QuickBooks File-Enter Data For Second Month
    • 5 Personal QuickBooks File-Enter Data For Second Month
    • Documents To Download
    • 745 Enter Business Deposits From Personal Bank Statement February
    • Documents To Download
    • 747 Enter Personal Cash Outflows Food, Personal Books, & Charity February
    • 750 Enter Personal Cash Outflows Credit Cards, College Costs, & Phone February
    • 757 Enter Personal Cash Outflows Mortgagee, Medical, & Utilities February
    • 760 Bank Reconciliation Personal Account February
    • 762 Print Reports Personal Account February
    • Accounting Comic Break
  • 5
    Separate Business QuickBooks File-Enter Data For Second Month
    • 6 Separate Business QuickBooks File-Enter Data For Second Month
    • Documents To Download
    • 722 Enter Business Deposits From Business Bank Statement February
    • 724 Enter Business Outflows From Business Bank Statement February
    • 726 Bank Reconciliation Business Account February
    • 728 Print Reports Business Account February
    • Accounting Comic Break
  • 6
    Compare Separate Business & Personal QuickBooks Files For Second Month
    • 7 Compare Separate Business & Personal QuickBooks Files For Second Month
    • 772 Compare Business & Personal February
    • Accounting Comic Break
  • 7
    Make Copy of Personal File
    • 8 Make Copy of Personal File
    • Copy Personal QuickBooks File
    • Accounting Comic Break
  • 8
    Track Investments In Personal QuickBooks File
    • 9 Track Investments In Personal QuickBooks File
    • Documents To Download
    • Using Q1 QuickBooks File
    • 842 Record Investment At Cost Using One Account Personal QuickBooks
    • 844 Record Investments At Market Using One Account Personal QuickBooks
    • 846 Record Investment Activity For January No Effect On Income Statement Personal QuickBooks
    • 847 Record Investment Activity For January Increasing Other Income Personal QuickBooks
    • 848 Record Investment Activity For February Increasing Other Income Personal QuickBooks
    • Using Q2 QuickBooks File
    • 852 Record Investments At Cost & Market Value December Personal QuickBooks
    • 853 Record Investments At Cost & Market Value December Separate Accounts Personal QuickBooks
    • 854 Record Investments At Cost & Market Value January Separate Accounts Personal QuickBooks
    • 856 Record Investments At Cost & Market Value February Separate Accounts Personal QuickBooks
    • Accounting Comic Break
  • 9
    Track Home Value In Personal QuickBooks File
    • 10 Track Home Value In Personal QuickBooks File
    • Using Q1 QuickBooks File
    • 882 Record Home At Cost Personal QuickBooks
    • 884 Record Home Increase In Value Personal QuickBooks
    • Using Q2 QuickBooks File
    • 892 Record Home At Appraised Value Using Two Accounts Personal QuickBooks
    • Accounting Comic Break
  • 10
    Enter Home Loan / Mortgage In Personal QuickBooks File
    • 11 Enter Home Loan Mortgage In Personal QuickBooks File
    • Documents To Download
    • Using Q1 QuickBooks File
    • 902 Record Home Loan Adjust To Loan Statement Personal QuickBooks.ENCODING
    • Using Q2 QuickBooks File
    • 905 Record Home Loan & Make Amortization Table Personal QuickBooks
    • 907 Record Home Loan & Adjust Loan Payments Personal QuickBooks
    • Accounting Comic Break
  • 11
    Enter W-2 Employee Income In Personal QuickBooks File
    • 12 Enter W-2 Employee Income In Personal QuickBooks File
    • Documents To Download
    • Using Q2 QuickBooks File
    • 910 Record Paycheck Personal QuickBooks
    • Accounting Comic Break
  • 12
    Enter Credit Card Purchases, Payments, & Liabilities In Personal QuickBooks File
    • 13 Enter Credit Card Purchases, Payments, & Liabilities In Personal QuickBooks File
    • Documents To Download
    • Using Q2 QuickBooks File
    • 915 Credit Card Liabilities Personal QuickBooks
    • Accounting Comic Break
  • 13
    Enter Auto Value & Loan In Personal QuickBooks File
    • 14 Enter Auto Value & Loan In Personal QuickBooks File
    • Using Q1 QuickBooks File
    • 917 Auto – Simple Method Personal QuickBooks
    • Using Q2 QuickBooks File
    • 919 Auto – Record & Depreciate Personal QuickBooks
    • Accounting Comic Break
  • 14
    Allocate Insurance & Prepaid Expenses In Personal QuickBooks File
    • 15 Allocate Insurance & Prepaid Expenses In Personal QuickBooks File
    • Using Q2 QuickBooks File
    • 920 Allocate Insurance Costs Personal QuickBooks
    • Accounting Comic Break

Meet your instructor!

Robert (Bob) Steele
CPA, CGMA, M.S. Tax, CPI


Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.  

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).  

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.  

In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible.  

Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.  

Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.  

Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.  

Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.  

The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.

Take this course today!

"QuickBooks Desktop Pro 2019 - Personal Finances & Accounting"

Bundle including this course!