Unlike many competing QuickBooks training programs, where instructors demonstrate software functionality while you observe, this course places you in direct control of the QuickBooks software throughout every lesson, ensuring hands-on mastery and practical experience.
Comprehensive Course Curriculum:
Lesson 1: Initial Setup and Navigation
- Launching the QuickBooks application
- Customizing QuickBooks configuration settings
- Understanding the core components and interface
- Navigating the primary working environment
- Accessing built-in QuickBooks resources and support
- Learning accounting and financial terminology
- Properly closing the QuickBooks application
- Lesson summary and review exercises
Lesson 2: Initial System Configuration
- Establishing a new QuickBooks company file
- Developing and organizing a chart of accounts
- Lesson summary and review
Lesson 3: Managing Company Data and Lists
- Building and maintaining company information lists
- Creating and administering customer and project lists
- Setting up and updating employee information lists
- Developing and maintaining vendor contact lists
- Creating and organizing product and service item lists
- Managing additional supporting data lists
- Overseeing list administration and maintenance
- Lesson summary and practice exercises
Lesson 4: Inventory Management and Control
- Setting up product inventory items in the system
- Placing and managing inventory purchase orders
- Recording receipt of inventory shipments
- Processing inventory payments and expenses
- Recording manual payment transactions
- Making inventory quantity and valuation adjustments
- Lesson summary and practice exercises
Lesson 5: Sales Transactions and Revenue
- Generating product sale invoices and documentation
- Processing customer credits and invoice adjustments
- Distributing invoices via electronic mail
- Implementing and managing tiered price levels
- Creating point-of-sale transaction receipts
- Lesson summary and practice exercises
Lesson 6: Service-Based Revenue and Billing
- Configuring products or services for billing purposes
- Modifying invoice appearance and layout
- Preparing professional service invoices
- Modifying and updating existing invoices
- Canceling invalid invoices without deletion
- Removing invalid invoice records
- Recording charges that appear on customer statements
- Creating and distributing customer billing statements
- Lesson summary and practice exercises
Lesson 7: Customer Payment Processing
- Generating reports on outstanding customer invoices
- Using the income tracking module
- Recording and applying customer payments
- Depositing collected funds into bank accounts
- Managing returned or insufficient funds checks
- Lesson summary and practice exercises
Lesson 8: Bank Account Management
- Writing and generating QuickBooks checks
- Canceling checks in the system
- Accessing and utilizing bank account registers
- Recording checks written outside of QuickBooks
- Moving funds between multiple accounts
- Reconciling bank statements with QuickBooks records
- Lesson summary and practice exercises
Lesson 9: Expense Management and Vendor Payments
- Tracking and categorizing business expenses
- Leveraging QuickBooks accounts payable functionality
- Recording bills and vendor invoices
- Executing payments to vendors and suppliers
- Recording vendor credits and deductions
- Lesson summary and practice exercises
