Excel Accounting 2–Worksheet, Opening Balances, & Subledger

Discover ways to arrange an accounting system in Excel and add starting balances from a Licensed Public Accountant (CPA)
Table of Contents
Description
On this course we are going to create an accounting system ranging from a clean Excel worksheet and add begging balances to our accounts.
Learners will learn to navigate Microsoft Excel in addition to how you can create a well-designed accounting worksheet, full with a normal journal, trial stability, 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 rather more clear than a database program, like accounting software program, QuickBooks being a typical instance of accounting software program.
Excel is an excellent software to study accounting as a result of it’s rather more clear than a database program, like accounting software program, QuickBooks being a typical instance of accounting software program.
As soon as our accounting system utilizing an Excel worksheet is ready up, we are going to 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.