Certified QuickBooks ProAdvisor / Certified Financial Planner

WEEK 1 — FOUNDATIONS + NAVIGATION
Goal: Build strong fundamentals + understand the full accounting workflow

DAY 2 — QuickBooks Mastery

Topic: Chart of Accounts (COA)

If your Chart of Accounts is wrong, your reports are useless.

🔍 Learn this:

Assets → what the business owns (Cash, Equipment)

Liabilities → what it owes (Loans, Payables)

Equity → owner’s investment

Income → revenue

Expenses → costs

💡 Critical Concept:
Normal Balance

Assets & Expenses → Debit

Liabilities, Equity, Income → Credit

🧠 Practice:
✔️ Create:

Owner’s Equity

Cost of Goods Sold

New Bank Account

🔥 Pro Tip:
Don’t over-create accounts. Keep it clean and logical.

✅ Outcome:
You understand why accounts exist, not just how to create them.

📌 CTA:
“Comment ‘COA’ if you want a sample chart of accounts template 👇”

Watch:

Intuit QuickBooks 221 likes, 3 comments. "Understanding how the chart of accounts works in QuickBooks Online"

Client Benefit

When you know your numbers, you can plan your business future with confidence.