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QuickBooks Enterprise-Classes-Responsibility Accounting (Udemy.com)

Learn responsibility accounting using class tracking for both the balance sheet and profit and loss from a CPA

4.1
106 reviews

Created by: Robert (Bob) Steele

Last updated December 2020

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What you will learn

  • How to download the free version of QuickBooks Enterprise
  • How to turn on class tracking for both the balance sheet and profit and loss
  • The differences between the class tracking feature for the QuickBooks Pro version and the QuickBooks Enterprise version
  • How to record direct costs to departments using class tracking
  • Methods for allocating indirect costs
  • Methods for allocating service center expenses to revenue centers
  • How to make adjusting entries related to a balance sheet by class report
  • How to generate and analyze a profit and loss by class report
  • How to generate and analyze a balance sheet by class

How it compares

Against the other 200 rated Udemy courses in Accounting on CourseDuck:

  • Rating4.1 out of 5higher than 4% of them
  • Reviews106#176 of 201 by number of reviews
  • Length2.6 hoursshorter than 77% of them
  • Last updatedDecember 2020earlier than 74% of them

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Course Description

This course is a project-based course using the free trial version of QuickBooks Enterprise, practicing the feature of class tracking for both the balance sheet and profit and loss, the class tracking feature applied to responsibility accounting.

We will learn how to download the free trial version of QuickBooks Enterprise and set up a new company file to work in.

The course will show how to turn on the class tracking feature and discuss the differences between class tracking for the QuickBooks Pro version of the software and the QuickBooks Enterprise version.

We will record expenses by department using the class tracing feature and learn how to allocate indirect expenses.

The course will then demonstrate how to allocate service center expenses to revenue centers.

We will also consider adjustments to the balance sheet as we generate balance sheet reports by class.
Read More All Levels All Levels product length iconTime: 2.6h

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Instructor Details

Robert (Bob) Steele

Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.    

Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).    

Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.    

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Reviews

4.1

106 ratings on Udemy

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By Afini Monsurudeen Adeniyi on 6/26/2025

Amazing and easy understanding

By Adewusi Adekola A. on 7/31/2024

I like the course, it met my expectation.

By Babatunde Afeez Olalekan on 5/13/2024

yes, it was educative

By AJIBODE Matthew Oluwabamise on 5/4/2024

This course is really meeting up to my expectation... Thank you.

By Staci McGovern on 4/17/2024

I think this information is useful. I did get lost somewhere because my numbers did not match in the end. The subclasses are confusing, which is where I got lost.

By Carolina Dussan Dussan on 12/13/2023

La explicacion es muy clara y muestra el paso a paso del proceso dentro de la aplicacion.

By Nikki Luz Vapor on 12/12/2023

thank you! I learned a few accounting responsibility.

By Donna Barrington on 11/15/2023

I am new to this but it is interesting.

By Shibin Shaju on 4/17/2023

I have learned a lot

By Kabongo Josue Mfuamba on 8/4/2022

It is a good fit for me.

Showing all 10 reviews on CourseDuck

Read all 106 reviews on Udemy

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Overall Score : 82 / 100

QuickBooks Enterprise-Classes-Responsibility Accounting
Visit course on Udemy Write a review
  • Video Duration: icon 2.6h
  • Price: $39.99
  • Provider: icon Udemy
  • Updated: icon December 2020
  • Level: All Levels All Levels
  • Language: icon English
  • Certificate: icon Yes
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