Course Overview

QuickBooks is an accounting software package developed and marketed by Intuit.  QuickBooks products are geared mainly toward small to medium-sized businesses and offer on-premises accounting applications, as well as cloud-based versions that accept business payments, manage, and pay bills and perform payroll functions.

Course objectives

What Will you Learn? This course will provide you with the skills and knowledge required to provide a professional level of support to business clients and help them succeed. As you progress through the course, you will develop a working understanding of the complete end-to-end accounting life cycle and be able to support clients with the key required tasks within QuickBooks Online Accountant.

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Course Videos
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Test Questions
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E-BOOKS
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Duration

Modules

Module 1: Setup and Maintenance

  • Module 1 Notes
  • Course Introduction
  • Knowing Which Account is Right for You
  • Getting Started
  • User Setup
  • Access Rights
  • User Setup Completion
  • Adding Employees to Payroll
  • Inviting Your Accountant
  • Dashboard and 3 Ways to Navigate QBO
  • Commonly Used Forms
  • Module 1 Summary

Module 2: List Management

  • Module 2 Notes
  • Defining Lists
  • Importing Lists
  • Employees vs 1099
  • Adding and Removing Entries
  • Updating Entries
  • Editing and Managing List Elements Demo
  • Merging Items (entries)
  • Form Requirements
  • Module 2 Summary

Module 3: Sales (Money-In)

  • Module 3 Notes
  • Product and Service Setup
  • Customer Setup Demo
  • Invoicing Workflows
  • Recording Sales
  • Customer Statements
  • Tracking Audit History Demo
  • Sales Reciept Workflow
  • Undeposited Funds Account
  • Accounts Receivable Impact
  • Impact of Connecting Your Bank Account to QBO
  • Billable Expense Invoicing
  • Recording a Customer Credit
  • Delayed Charges
  • Estimates
  • Module 3 Summary

Module 4: Purchased (Money-Out)

  • Module 4 Notes
  • Product and Service Setup on Purchase Forms
  • Vendor Setup
  • Purchase Order Transactions
  • Entering and Paying Bills
  • Recording Checks
  • Recording Credit and Debit Card Transactions
  • Recording EFTs, Online Payments, and Wire Transfers
  • Recording Vendor Credits
  • Voiding vs Deleting Checks
  • Vendor Page and Report Insights
  • Module 4 Summary

Module 5: Accounting

  • Module 5 Notes
  • Basic financial statements (Balance sheet, income statement, and statement of cash flows)
  • Financial Statements Expanded
  • Cash and Accrual Accounting Differences
  • Difference Between Cash and Accrual Reporting
  • Setting a Closing Date
  • Balancing Your Books aka Reconciling Demo
  • Journal Entries
  • Audit Log Insights
  • Project Profitability Demo
  • Module 5 Summary

Module 6: Reports

  • Module 6 Notes
  • Customized Reports
  • Commonly Used Reports Demo
  • Setup Automatic Report Emails
  • Collapse and Expand Report Function
  • Exporting and Importing Reports
  • Module 6 Summary

Module 7: Customizations and Time Savers

  • Module 7 Notes
  • Tracking Income and Expenses for Multiple Locations
  • Organizing your Chart of Accounts
  • Custom Fields on Invoices
  • Recurring Transactions
  • Customizing a Sales Form
  • Keyboard Shortcuts
  • QBO Mobile App Preview
  • Connecting Third Party Apps to QBO
  • Module 7 Summary

Module 8: Extra

  • Module 8 Notes
  • Common Mistakes QBO Users Make
  • Final Note on Bookkeeping Best Practices
  • Why QBO is Awesome
  • Course Outro
  • Defining Terms and Sample Quiz Questions

Modes of Learning