100% Discount || QuickBooks Online Rapid Training

Requirements
No
Description
You need to track invoices. You want to make sure you are collecting the receivables from customers that still have not paid. You need a simple method to reconcile the bank accounts.

QuickBooks Online is the go-to software for business professionals. The software is a powerful tool that can help you manage the organization.

This means QuickBooks Online could be a source of anxiety if you do not understand how it works. Then again, it could be a powerful skill you have to put you in front of your competition!

I’m Dr Eric Knight, I am a CPA with over 20 years’ experience in business and academics.

I’ve used my experience to design a course that makes QuickBooks Online simple to learn and easily applicable to most small businesses.

This is NOT a spectator course. You will be given assignments that let you start using QuickBooks Online from the start.

By the way, you do NOT need to purchase a QuickBooks subscription to do the homework. You will use the Sample Company that QuickBooks Online provides to the public. In other words, you don’t need to pay anything extra to do the homework! You get to learn by doing!

There are no prerequisites to take this course. A basic understanding of business will do.

Learn to use QuickBooks Online quickly and easily with this Rapid Training course!

Lesson 1: Introduction:

QuickBooks is the most used business software for small businesses. It is more than a bookkeeping program. Let’s get an overview of this course and what will be covered in our lessons.

Lesson 2: Overview of QBO:

In this lesson we’ll compare QuickBooks Online with the QuickBooks Desktop version. Contrary to what people believe, these editions are very different and it is important to understand this in order to make the right decision.

Lesson 3: Sample company:

QuickBooks offers a Sample company that we will use to learn QuickBooks. Think of this as your testing environment. In this lesson you will learn how to access that free testing environment. We’ll begin an overview of the areas of QuickBooks Online.

Lesson 4: Overview Continued:

We continue to walk through the various sections of QuickBooks Online so that you will understand where you will be working. We’ll discuss what elements of QuickBooks Online will be covered and explain the many additional offerings QuickBooks has available.

Lesson 5: Company Settings:

Would you like your invoices and customer communications like emails be unique and stand out? This lesson looks at the company settings that allow for customizations of your forms, reports, and communications. We’ll also see how you can change what information is provided on your reports an how you can use the settings to change what information is captured. All this and more!

Lesson 6: Chart of Accounts:

The chart of accounts is a list of the accounts used in the business to build reports such as the profit and loss statement as well as the balance sheet. You will need to add accounts to the chart of accounts from time to time. Let’s learn how to use the chart of accounts. You may also need to adjust account balances. The best way to do this is with a journal entry. We will see how easy it is to make journal entries in QBO.

Lesson 7: Products and Services:

Before you can begin selling to customers, you will need to set up products and services. In this lesson you learn how to set up a product and service. Some businesses sell merchandise. That would be the product. Some businesses sell a service. Some do both. Therefore, we’ll get an example of how to set up both as well as set up a customer.

Lesson 8: Sales Receipt:

This lesson is exciting because it starts you off into accounting for sales. What could be more exciting than getting sales! This lesson takes a look at how sales are recorded when a payment is received immediately.

Lesson 9: Invoices:

Often a business provides a customer with a service or product but does not receive payment right away. For example, a painting company paints a customer’s house but does not get paid until after the job is over. In those cases, the business will need to invoice the customer. In this lesson we will see how easy it is in QBO to invoice a customer.

Lesson 10: Receive Payment on Invoices:

Though sales are exciting, receiving payment for the sales is even more so! This lesson explores how you will close an invoice when a payment is received on the previous sale.

Lesson 11: Bank Deposit:

Perhaps your business has been collecting cash and checks from customers. Great to hear! Now it is time to make a bank deposit. Once you make the deposit your funds will show up in the bank account of your choice.

Lesson 11 part 2: Bank Reconciliation:

An important part of protecting cash is to do regular bank reconciliations. QuickBooks Online has an easy method to make sure you can match your books to what is going on at the bank.

Lesson 12: Vendors:

Vendors supply a business with needed resources. Inventory, supplies, etc. When a new vendor is found, you can set that vendor up in QBO to make it easier later when it is time to purchase from that vendor. This lesson takes you through the steps to add the needed information for a vendor. Now you are ready to buy your supplies!

Who this course is for:
Business Owners
Managers
Entrepreneurs
Bookkeepers
Accounting Students