QuickBooks Desktop – Export Directly to Tax Software Lacerte

How to set up tax line mapping for a sole proprietorship and S Corporation & export data to tax software

The course will discuss options for getting access to QuickBooks desktop software including a free 30-day test period offered by Intuit, the owners of QuickBooks Desktop.

What you’ll learn

  • Options to get access to QuickBooks Desktop including a free 30 day trial.
  • How to setup tax line mapping in the chart of accounts for a sole proprietorship.
  • How to export data from QuickBooks Desktop to tax software for an S Corporation.
  • How to export data from QuickBooks Desktop to Excel For an S Corporation.
  • How to setup tax line mapping in the chart of accounts for an S Corporation.
  • How to export data from QuickBooks to tax software for an S Corporation.
  • How to export data from QuickBooks to Excel for an S Corporation.
  • How to enter adjusting entries and tax entries for an S Corporation.

Course Content

  • Overview –> 4 lectures • 45min.
  • Tax Line Mapping – Review Chart of Accounts for Sole Proprietorship –> 2 lectures • 18min.
  • Export From QuickBooks to Tax Software (Lacert) & Excel –> 3 lectures • 40min.
  • Adjustment for Business Use of Home, Meals, & Charitable Contributions –> 3 lectures • 31min.
  • Tax Line Mapping For S Corporation Overview –> 1 lecture • 8min.
  • Add Accounts, Tax Mapping, & Data to QuickBooks –> 2 lectures • 44min.
  • Export From QuickBooks to Tax Software (Lacert) & Excel –> 3 lectures • 32min.
  • Adjusting Entries for Depreciation –> 3 lectures • 29min.
  • Unassigned Accounts & Sch. K Adjustments –> 3 lectures • 23min.
  • M-1 Adjustments, Balance Sheet, & Officer Compensation –> 6 lectures • 1hr 1min.

QuickBooks Desktop – Export Directly to Tax Software Lacerte

Requirements

  • None.

The course will discuss options for getting access to QuickBooks desktop software including a free 30-day test period offered by Intuit, the owners of QuickBooks Desktop.

Learners will know how to set up tax line mapping for a sole proprietorship and S Corporation, tax line mapping allowing users to export financial data from QuickBooks directly into tax software.

We will be using Lacerte tax software for our examples. Lacerte tax software is owned by Intuit and a 30-day free trial may be available to test out Lacerte tax software as well.

We will export financial data from QuickBooks to Lacerte tax for both a sole proprietorship and an S Corporation.

The course will also demonstrate how to export financial data to Excel and create supporting tax worksheets that show tax adjustments and reconcile financial statements for book purposes and financial statements for tax purposes.