Master class on QuickBooks Accounting Software (Workshop on QuickBooks (Desktop / Online) from Basic to Advance level)

Program Overview:

QuickBooks is an accounting software program design by intuit for businesses, enterprises and self-employed professionals, users of data for easy accounting computation and accountabilities. The purpose of QuickBooks is to give businesses the insight, power to do all of their accounting transactions, including invoicing, inventories, payroll and paying bills with in-depth knowledge on features of QuickBooks right from the convenience of your laptop or desktop computer system.

For whom:

This program is designed for everyone who wants to enhance his or her skills in management accounting, SME owners; fresh accounting graduates, accounting technicians, account managers, sales executive, financial analyst, data users etc. Anyone who wants to be proficient in using QuickBooks as accounting software will benefit from this program.

Note: Come alone with your laptop with QuickBooks software installed. 

Recommended System Configuration from

PC: window 7, 8, 10 etc.

2.4 GHz processor for single user and multiple users

2 GB of RAM for single user and 4 GB for multiple users

Learning objectives:

At the end of the program, participants will be able to:

• master the QuickBooks environment workspace and comfortable with the usefulness of menus, icons, methodologies and navigating tools;
• start, backup, set up various users and restoring company files;
• create new customers, vendors, service items, inventory items and maintain the porter;
• master invoicing, bills, payments, sales receipt, and credit memo;
• import data, files into QuickBooks and exporting reports in Excel or PDF;
• maintain payroll, Tax’s, checks, budgeting and journal entering;

discover how to set up a chart of accounts, reconcile your checking account and create an estimate;

• track payables and receivables; and
• print and preview statements in various format.

Course Outline:

Day 1: Getting Around in QuickBooks

• The Home Page
• The Centers
• The Menu Bar and Keyboard Shortcuts
• The Navigators
• The Open Window List
• The Icon Bar
• Customizing the Icon Bar
• Using the Shortcuts List
• The Chart of Accounts
• Accounting Methods
• Financial Reports

Creating a QuickBooks Company File

• Using the Easy Step Interview
• Returning to the Easy Step Interview
• Creating a Backup File
• Restoring a Backup File
• Setting Up Users
• Single and Multiple User Modes
• Closing Company Files
• Opening a Company File

Using Lists

• Using Lists
• The Chart of Accounts
• The Customers & Jobs Tab
• The Customer Job List
• The Employees Tab
• The Employee List
• The Vendors Tab
• The Vendors List
• Using Custom Fields
• Sorting List
• Inactivating and Reactivating List Items

Setting up Sales Tax

• The Sales Tax Process
• Setting Up Your Tax Agencies
• Setting Up Your Tax Rates
• Creating a Sales Tax Group
• Setting Sales Tax Preferences
• Indicating Who and What Is Taxed

Setting up Inventory

• Setting Up Inventory
• Creating Inventory Items
• Creating a Purchase Order
• Receiving Items with a Bill
• Entering Item Receipts
• Matching Bills to Item Receipts
• Adjusting Inventory

Day 2: Setting Up Other Items

• Service Items
• Non-Inventory
• Other Charges
• Subtotals
• Groups
• Discounts
• Payments
• Inventory Parts

Basic Sales

• Selecting a Sales Form
• Creating an Invoice
• Creating a Sales Receipt
• Finding Old Invoices
• Previewing Invoices
• Printing Invoices

Using Price Levels

• Using Price Levels
• Payment Processing
• Recording Customer Payments
• Entering a Partial Payment
• Applying One Payment to Multiple Jobs
• Entering Overpayments
• Entering Down Payments or Prepayments
• Applying Customer Credits
• Making Deposits

Handling Refunds

• Creating a Credit Memo and Refund Check
• Refunding Customer Payments

Entering and Paying Bills

• Setting Billing Preferences
• Entering Bills
• Paying Bills
• Early Bill Payment Discounts
• Entering a Vendor Credit
• Applying a Vendor Credit

Paying Sales Tax

• Sales Tax Reports
• Using the Sales Tax Payable Register
• Paying Your Tax Agencies

Day 3: Reporting

• Graph and Report Preferences
• Using Quick Reports
• Zooming in on a Quick Report
• Using Preset Reports
• Modifying and Filtering a Report
• Memorizing a Report
• Memorized Report Groups
• Printing Reports
• Printing Forms
• Exporting Reports to Excel
• Saving PDF Files

Estimating

• Making Estimates for a Job
• Duplicating Estimates
• Invoicing From Estimates
• Updating Job Statuses
• Inactivating Estimates
• Making Purchases for a Job
• Invoicing for Job Costs
• Using Job Reports

Payroll

• The Payroll Process
• Creating Payroll Items
• Setting Employee Defaults
• Setting Up Employee Payroll Information
• Writing Paychecks to Employees
• Voiding Paychecks
• Tracking Your Tax Liabilities
• Paying Your Payroll Tax Liabilities
• Adjusting Payroll Liabilities
• Entering Liability Refund Checks
• Process Payroll Forms
• Tracking Workers Compensation

Using Credit Card Accounts

• Creating Credit Card Accounts
• Entering Credit Card Charges
• Reconciling and Paying Credit Cards

Working with Asset and Liability Accounts

• Assets and Liabilities
• Using an Other Current Asset
• Removing Value from Other Current Asset Accounts
• Creating Fixed Asset Accounts
• Setting the Original Cost of the Fixed Assets
• Tracking Depreciation
• Liability Accounts
• The Loan Manager
• The Fixed Asset Item List

Equity Accounts

• Equity Accounts
• Recording an Owner’s Draw
• Making a Capital Investment

Company Management

• Viewing Your Company Information
• Setting Up Budgets
• Using the To Do List
• Using Reminders and Setting Preferences
• Making Journal Entries
• Using the Cash Flow Projector

Using QuickBooks Tools

• Archiving and Condensing Data
• Exporting Data
• Importing Data
• Updating QuickBooks
• Using the Calculator
• Using the Portable Company Files

Using the Accountant’s Review

• Creating an Accountant’s Copy
• Using the Accountant’s Copy
• Importing Changes to Your Company File

Using Bank Accounts

• Using Registers
• Writing Checks
• Writing a Check for Inventory
• Printing Checks
• Transferring Funds
• Reconciling Accounts
• Voiding Checks

Training Methodology

This is a practical hands-on training using easy-to-follow step-by-step instructions.