Mastering QuickBooks Accounting

• Participants should be able to master the QuickBooks environment workspace and comfortable with the usefulness of menus, icons, methodologies and navigating tools.
• Learn to start, backup, setting up various users and restoring company files
• Mastering how to create new customers, vendors, service items, inventory items and maintain the porter
• Master invoicing, bills, payments, sales receipt, and credit memo
• Importing and 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.
• Understand how to track payables and receivables.
• Printing and previewing statement in various format

REQUIREMENTS

Note:

There are no prerequisites to take this course the program is designed for everyone who want to enhance his or her skills in administrative, accounting, managers, sales executive, financial analyst, data users etc.

Come alone with your laptop 

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

COURSE OUTLINE

Getting Around in QuickBooks
1. The Home Page
2. The Centers
3. The Menu Bar and Keyboard Shortcuts
4. The Navigators
5. The Open Window List
6. The Icon Bar
7. Customizing the Icon Bar
8. Using the Shortcuts List
9. The Chart of Accounts
10. Accounting Methods
11. Financial Reports

Creating a QuickBooks Company File
1. Using the EasyStep Interview
2. Returning to the Easy Step Interview
3. Creating a Backup File
4. Restoring a Backup File
5. Setting Up Users
6. Single and Multiple User Modes
7. Closing Company Files
8. Opening a Company File

Using Lists
1. Using Lists
2. The Chart of Accounts
3. The Customers & Jobs Tab
4. The Customer Job List
5. The Employees Tab
6. The Employee List
7. The Vendors Tab
8. The Vendors List
9. Using Custom Fields
10. Sorting List
11. Inactivating and Reactivating List Items

Setting Up Sales Tax
1. The Sales Tax Process
2. Setting Up Your Tax Agencies
3. Setting Up Your Tax Rates
4. Creating a Sales Tax Group
5. Setting Sales Tax Preferences
6. Indicating Who and What Is Taxed

Setting Up Inventory
1. Setting Up Inventory
2. Creating Inventory Items
3. Creating a Purchase Order
4. Receiving Items with a Bill
5. Entering Item Receipts
6. Matching Bills to Item Receipts
7. Adjusting Inventory

Setting Up Other Items
1. Service Items
2. Non-Inventory
3. Other Charges
4. Subtotals
5. Groups
6. Discounts
7. Payments
8. Inventory Parts

Basic Sales
1. Selecting a Sales Form
2. Creating an Invoice
3. Creating a Sales Receipt
4. Finding Old Invoices
5. Previewing Invoices
6. Printing Invoices

Using Price Levels
1. Using Price Levels

Payment Processing
1. Recording Customer Payments
2. Entering a Partial Payment
3. Applying One Payment to Multiple Jobs
4. Entering Overpayments
5. Entering Down Payments or Prepayments
6. Applying Customer Credits
7. Making Deposits

Handling Refunds
1. Creating a Credit Memo and Refund Check
2. Refunding Customer Payments

Entering and Paying Bills
1. Setting Billing Preferences
2. Entering Bills
3. Paying Bills
4. Early Bill Payment Discounts
5. Entering a Vendor Credit
6. Applying a Vendor Credit

Paying Sales Tax
1. Sales Tax Reports
2. Using the Sales Tax Payable Register
3. Paying Your Tax Agencies

Reporting
1. Graph and Report Preferences
2. Using Quick Reports
3. Zooming in on a Quick Report
4. Using Preset Reports
5. Modifying and Filtering a Report
6. Memorizing a Report
7. Memorized Report Groups
8. Printing Reports
9. Printing Forms
10.Exporting Reports to Excel
11. Saving PDF Files

Estimating
1. Making Estimates for a Job
2. Duplicating Estimates
3. Invoicing From Estimates
4. Updating Job Statuses
5. Inactivating Estimates
6. Making Purchases for a Job
7. Invoicing for Job Costs
8. Using Job Reports

Payroll
1. The Payroll Process
2. Creating Payroll Items
3. Setting Employee Defaults
4. Setting Up Employee Payroll Information
5. Writing Paychecks to Employees
6. Voiding Paychecks
7. Tracking Your Tax Liabilities
8. Paying Your Payroll Tax Liabilities
9. Adjusting Payroll Liabilities
10. Entering Liability Refund Checks
11. Process Payroll Forms
12. Tracking Workers Compensation

Using Credit Card Accounts
1. Creating Credit Card Accounts
2. Entering Credit Card Charges
3. Reconciling and Paying Credit Cards

Working with Asset and Liability Accounts
1. Assets and Liabilities
2. Using an Other Current Asset
3. Removing Value from Other Current Asset Accounts
4. Creating Fixed Asset Accounts
5. Setting the Original Cost of the Fixed Assets
6. Tracking Depreciation
7. Liability Accounts
8. The Loan Manager
9. The Fixed Asset Item List

Equity Accounts
1. Equity Accounts
2. Recording an Owner's Draw
3. Making a Capital Investment

Company Management
1. Viewing Your Company Information
2. Setting Up Budgets
3. Using the To Do List
4. Using Reminders and Setting Preferences
5. Making Journal Entries
6. Using the Cash Flow Projector

Using QuickBooks Tools
1. Archiving and Condensing Data
2. Exporting Data
3. Importing Data
4. Updating QuickBooks
5. Using the Calculator
6. Using the Portable Company Files

Using the Accountant's Review
1. Creating an Accountant's Copy
2. Using the Accountant's Copy
3. Importing Changes to Your Company File

 Using Bank Accounts
1. Using Registers
2. Writing Checks
3. Writing a Check for Inventory
4. Printing Checks
5. Transferring Funds
6. Reconciling Accounts
7. Voiding Checks

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.