Excel in Accounting – QuickBooks Training for Success
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Cost of Goods Sold (COGS)

by Online Tutorial & Training Guide | Dec 20, 2025 | Chart of Accounts, Expenses, Terminologies

Direct costs of producing goods sold, including materials and labor. It directly impacts gross profit. Accurate calculation is essential for pricing and profitability analysis.

Sandbox Environment

by Online Tutorial & Training Guide | Dec 20, 2025 | Accounting Proram, Terminologies

A safe test space within the system where users can try out features, train staff, or test integrations without affecting live data. Prevents errors in real records. Valuable for training and experimentation.

Earnings Per Share (EPS)

by Online Tutorial & Training Guide | Dec 19, 2025 | Financial Statements, Terminologies

Net income attributable to each outstanding share of common stock. EPS is widely followed by investors. Higher EPS signals stronger profitability.

Chart of Accounts Mapping

by Online Tutorial & Training Guide | Dec 19, 2025 | Accounting Proram, Terminologies

The process of linking transaction categories to the correct accounts in the general ledger. Many systems automate mapping for common expenses and revenues. Ensures financial data is classified consistently.

Accounts Receivable Module

by Online Tutorial & Training Guide | Dec 18, 2025 | Accounting Proram, Terminologies

A section of the software dedicated to tracking customer invoices, due dates, and collections. It automates reminders and aging reports. Helps businesses manage cash inflows effectively.
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  • Accrued Interest Receivable
  • Payroll Liabilities
  • Intangible Assets
  • Deferred Tax Liabilities
  • Bonds Payable
  • Office Supplies Expense
  • KPIs (Key Performance Indicators)
  • Personal Funds Invested
  • Excise Tax
  • Working Papers

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