If you need an easy-to-use computer bookkeeping system that saves you time and gives you control of your business. A simple system that does not require you to know debts, credits, and double-entry bookkeeping. Then QuickBooks is the answer to your bookkeeping needs. Tracking your business activity is as easy as posting your daily transactions (checks, invoices, bills, and deposits) so that you have complete up-to-date financial information about your business at your fingertips whenever you want it.
This introductory course covers bookkeeping fundamentals, then shows you an easy way to setup your organization in QuickBooks. Students learn how to setup the chart of accounts, post income and expense items, enter credit card transactions, work with balance sheet accounts, reconcile bank and credit card accounts, and interpret financial reports.
Course Lessons
Lesson 1: Course Introduction & Table of Contents
Course introduction and table of contents
Lesson 2: Overview of Accounting Basics
Students will learn the nature and purpose of accounting, the accounting equation (Assets = Liabilities + Owners Equity) and the requirements of double-entry bookkeeping as it relates to QuickBooks.
Lesson 3: How to Interpret Financial Reports
Students will learn how to apply ratios to check the financial health of a company and how to interpret profit and loss statements.
Lesson 4: Setup QuickBooks
Students will learn a quick and easy way to setup a QuickBooks company file on the computer for the new company called "Practice". Converting an existing company is covered in the last lesson. Building the chart of accounts list and vendor lists are empha
Lesson 5: Post the Bookkeeping exercise to QuickBooks
Students will learn how to use QuickBooks to post the various types of transactions posted manually in the "Practice" company bookkeeping exercise completed after lesson 2.
Lesson 6: Checking Account Reconciliation
Students will learn how to use QuickBo0ks' reconcile process to ensure banking statements and company checking accounts are in agreement.
Lesson 7: Reports
Students will learn how to use QuickBooks' three easy-to-use- reporting tools. Essential financial reports, including graphs, are covered in this session.
Lesson 8: Posting Checks, Deposits and Adjustments
Students will learn how to post many different types of financial transactions in order to learn where to post similar type transactions they will encounter when using QuickBooks for their own use.
Lesson 9: Converting an existing company
Students will learn the proper order of tasks necessary to convert an exiting company to QuickBooks. This process Begins with choosing a good start date and ends with backing up the company file.
