QuickBooks Online 2020
Learn basic accounting principles and how to use QuickBooks effectively
Study247
Summary
- Certificate of completion - Free
- Exam(s) / assessment(s) is included in price
- TOTUM card available but not included in price What's this?
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Overview
Accounting and book-keeping skills are always in demand in any organisation. As well as finding employment, many learners go on to set up their own book-keeping business by offering their services to local companies.
QuickBooks is the UK's number 1 cloud accounting and book-keeping software for small and medium sized businesses. It is easy to use and gives you much-needed control over your business finances.
Certificates
Certificate of completion
Digital certificate - Included
Download and print your certificate on successful completion.
Description
This in-depth QuickBooks online training course will teach learners how to use QuickBooks Online 2020 effectively.
After taking this course, you will be able to confidently provide support to various types of clients like small businesses and enable them to properly implement QuickBooks Online. This course will focus primarily on the use and implementation of QBO (QuickBooks Online). This includes everything from the setup and maintenance of client accounts to managing lists and reports. You will also be exposed to basic accounting principles, relevant financial documents, and common errors QBO users typically make.
This QuickBooks course is organised into the following modules:
Module 1: Setup and Maintenance
- Course Intro
- Knowing Which Account is Right for You
- Getting Started
- User Setup
- Access Rights
- User Setup Completion
- Adding Employees to Payroll
- Inviting your Accountant
- Dashboard and 3 Ways to Navigate QBO
- Commonly Used Forms
- Module 1 Summary
Module 2: List Management
- Defining Lists
- Importing Lists
- Employee vs 1099
- Adding and Removing Entries
- Updating Entries
- Editing and Managing List Elements
- Merging Items (entries)
- Form Requirements
- Module 2 Summary
Module 3: Sales (Money-in)
- Product and Service Setup
- Customer Setup Demo
- Invoicing Workflows
- Tracking Audit History Demo
- Customer Statements
- Recording Sales
- Sales Receipt Workflow
- Undeposited Funds Account
- Accounts Receivable Impact
- Impact of Connecting Your Back Account to QBO
- Billable Expense Invoicing
- Recording a Customer Credit
- Delayed Charges
- Estimates
- Module 3 Summary
Module 4: Purchases (Money-out)
- Product and Service Setup on Purchase Forms
- Vendor Setup
- Purchase Order Transactions
- Entering and Paying Bills
- Recording Checks
- Recording Credit and Debit Card Transactions
- Recording EFT’s, Online Payments, Wire Transfers
- Recording Vendor Credits
- Voiding vs Deleting Checks
- Vendor Page and Report Insights
- Module 4 Summary
Module 5: Accounting
- Basic Financial Statements
- Financial Statements Expanded
- Cash and Accrual Accounting Reporting
- Difference Between Cash and Accrual Reporting
- Setting a Closing Date
- Balancing Your Books aka Reconciling Demo
- Journal Entries
- Audit Log Insights
- Project Profitability Demo
- Module 5 Summary
Module 6: Reports
- Customized Reports
- Commonly Used Reports Demo
- Setup Automatic Report Emails
- Collapse and Expand Report Function
- Exporting and Importing Reports
- Module 6 Summary
Module 7: Customizations and Time Savers
- Tracking Income and Expenses for Multiple Locations
- Organizing your Chart of Accounts
- Custom Fields on Invoices
- Recurring Transactions
- 4Customizing a Sales Forms
- 4Keyboard Shortcuts
- 4QBO Mobile App Preview
- 4Connecting Third Party Apps to QBO
- 4Module 7 Summary
Module 8: Extra
- Common Mistakes QBO Users Make
- Final Note on Bookkeeping Best Practices
- Why QBO is Awesome
- Course Outro
- Defining Terms and Sample Quiz Questions
Course Assessment Process
You'll sit an online exam. We provide interactive quizzes after each module to ensure you're fully prepared for the real thing. Once you've passed with at least 80%, you'll be awarded your certificate. You can retake the test at no extra cost to improve your grade.
Benefits of studying with Study247:
- Free Retakes.
- Ability to study at your own pace 24/7.
- You can pause and rewind the material at any time.
- Studying is broken down into easily manageable sections.
- Access to study material for 12 months.
- Our students are eligible to apply for a TOTUM Pro Card.
Who is this course for?
This online bookkeeping course is aimed at individuals, small business owners and management teams who want to learn how to run a QuickBooks accounting software.
Requirements
Our training works on all devices including Mobile phones, IPad’s, Android tablets, Macs and PC’s.
For the best viewing experience on our state-of-the-art eLearning platform we recommend an internet connection of 10Mbps or better. Please also use Google Chrome or Mozilla Firefox as your browser with Adobe Flash Player.
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This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
