Session 5: Product Training: EOFY in the QuickBooks suite for Accountants will cover key tools like Prep for Taxes, including managing your year-end tasks, reviewing client documents, adjusting client data, grouping and managing accounts. We'll also look at finalising returns and lodging with QuickBooks Tax, powered by LodgeIT.

Your expert trainer, Tish Bhagwandeen, will cover:

The Work tab in QuickBooks Online Accountant, including Projects and engagement letters

Prep for Taxes, including:

• Working in different tax periods
• Toggling between cash and accrual
• Year-end tasks
• Tailoring your task list – adding and removing items, status updates
• Document management, including creating customised folders, annotation of documents
• Reviewing and adjusting items, including the trial balance view versus financial statement view, adding notes and attachments, and making adjustments.
• Tools, including locking your accounts
• Running reports and backing up in Excel
• Exporting to QuickBooks Tax, powered by LodgeiT

QuickBooks tax, powered by LodgeiT

• Creating working papers (if you want to maintain a working paper in LodgeiT)
• Navigating the tax return
• Tax mapping
• Validation of tax return
• How to troubleshoot errors
• Tools – showing depreciation as an example

Financial reporting and creating special-purpose financial reports

Billing & Fees, and billing via project.