QuickBooks – QAcademy

About Course

Welcome to Mastering QuickBooks! This online course is designed to provide you with a comprehensive understanding of QuickBooks, the leading accounting software for small businesses. Whether you’re a small business owner, entrepreneur, freelancer, or accounting professional, mastering QuickBooks is essential for efficiently managing your finances, tracking expenses, invoicing clients, and analyzing business performance. Through this course, you will learn how to leverage the full power of QuickBooks to streamline your accounting processes and make informed financial decisions for your business.

Join us on this transformative journey to master QuickBooks and take control of your business finances with confidence and ease. Let’s unlock the full potential of QuickBooks together!

Gain a thorough understanding of the basic functionalities and features of QuickBooks, including setting up your company file, chart of accounts, and financial preferences.
Learn how to record and categorize transactions, such as sales, expenses, and payments, using QuickBooks' intuitive interface and tools.
Explore advanced features of QuickBooks, such as payroll processing, inventory management, and job costing, to meet the specific needs of your business.
Discover how to generate and customize financial reports, including profit and loss statements, balance sheets, and cash flow reports, to gain insights into your business's financial health.
Learn how to reconcile bank accounts, track accounts receivable and accounts payable, and manage cash flow effectively using QuickBooks.
Understand how to streamline invoicing and payment processes, including creating and sending invoices, receiving payments, and managing customer accounts.
Gain insights into best practices for using QuickBooks efficiently and effectively to save time, reduce errors, and improve financial management.

Course Content

Module 1: QuickBooks Introduction
Introduction to accounting concepts Overview of QuickBooks features and benefits Setting up a new company file Company settings and preferences Chart of accounts: Understanding accounts and creating a chart of accounts

Module 2: Customers, Sales & Receivables
Creating and managing customer lists Creating invoices and sales receipts Recording customer payments Applying credits and discounts Managing customer accounts receivable

Module 3: Vendors, Purchases & Payables
Creating and managing vendor lists Entering bills from vendors Recording bill payments Applying credits and discounts Managing accounts payable

Module 4: Banking & Reconciliation
Setting up bank accounts Downloading bank transactions Reconciling bank statements Understanding bank feeds and automated reconciliation Managing transfers between accounts

Module 5: Inventory & Sales Tax
Introduction to inventory management (if applicable) Creating and managing inventory items Sales tax basics and setup Recording sales tax on transactions Generating sales tax reports

Module 6: Reports & Advanced Features
Generating financial reports (Income Statement, Balance Sheet, Cash Flow Statement) Customizing reports Understanding financial ratios Advanced features (e.g., budgeting, forecasting, estimates, time tracking) Introduction to integrations and add-ons

About Course

What Will You Learn?

Course Content

Module 1: QuickBooks Introduction Introduction to accounting concepts Overview of QuickBooks features and benefits Setting up a new company file Company settings and preferences Chart of accounts: Understanding accounts and creating a chart of accounts

Module 2: Customers, Sales & Receivables Creating and managing customer lists Creating invoices and sales receipts Recording customer payments Applying credits and discounts Managing customer accounts receivable

Module 3: Vendors, Purchases & Payables Creating and managing vendor lists Entering bills from vendors Recording bill payments Applying credits and discounts Managing accounts payable

Module 4: Banking & Reconciliation Setting up bank accounts Downloading bank transactions Reconciling bank statements Understanding bank feeds and automated reconciliation Managing transfers between accounts