Mastering QuickBooks Online Course

Course Overview

This QuickBooks Online Advanced course teaches the advanced features and functionality of Intuit’s cloud-based software application. Specifically, you will learn more about inventory, purchase orders, the accounting cycle, and payroll. In addition, we review customizing, fine-tuning, and other extended capabilities of QuickBooks Online.

Prerequisites

Attendees should have a familiarity with QuickBooks Online and have taken the QuickBooks Online QuickStart introductory course or have equivalent experience.

Course Outline

Tracking Inventory

  • Enabling Tracking
  • Entering Inventory
  • Non-Inventory Products
  • Inventory Adjustments
  • Purchase Orders
  • Purchase Order Reports
  • Receiving Inventory Against a Purchase Order
  • Purchase Orders for Non-Inventory Products
  • Adding an Expense to a Purchase Order Payment
  • Purchasing a Product without a Purchase Order
  • Vendor Credits/Returns
  • Sales Tax
  • Inventory and Non-Inventory Products
  • Customer Returns and Credits
  • Customer Refunds
  • Reports
  • Recording Other Current Assets
  • Journal Entries and Recurring Transactions
  • Fixed Assets and Long-Term Liabilities
  • Transferring Funds Between Accounts
  • Petty Cash
  • Handling Uncollectible Receivables/Bad Debts
  • Creating and Reviewing Budgets
  • Customizing Reports
  • Sending Reports
  • Adding a Custom Field to Sales Forms
  • Protecting Confidential Information
  • Enabling Privacy Mode on the Dashboard
  • Setting User Permissions
  • Keyboard Shortcuts
  • Extending Capabilities with Apps
  • Classes, and Locations
  • Generally Accepted Accounting Principles and the Accounting Cycle
  • GAAP
  • Accounting Cycle Steps
  • Class Tracking
  • Location Tracking
  • Delayed Charges and Credits
  • Price Rules
  • Completing the Accounting Cycle
  • Creating the Trial Balance Report and Making Adjustments
  • Adjusting Journal Entries
  • Comparing Inventory Quantities and Making Adjustments
  • Creating Financial Statements
  • Assembling Management Reports
  • Closing the Books
  • The Audit Log and Audit History
  • Audit Log
  • Audit History
  • Introducing Payroll
  • Payroll Setup
  • The Workers/Employees Center
  • Run Payroll
  • Payroll Taxes
  • Payroll Tax Forms
  • Payroll Reports
  • View outline in Word

About Your Trainer

Certified QuickBooks Expert

Let the team at QuickLook Accounting, ( help you avoid headaches at tax time by keeping track of your receipts and other records throughout the year. Good recordkeeping will help you remember the various transactions you made during the year, which may help you out on your taxes. Records help you document the deductions you've claimed on your return. Yvonne Hobbs, is nothing less than exceptional! She can help you avoid the stress and headaches of running a small business and provides compassionate, timely and stellar service and support. Whether you need help solving one QuickBooks® problem or assistance with any aspect of your bookkeeping or accounting, QuickLook is YOUR solution. QBExpress is proud to endorse this outstanding Virginia QuickBooks expert.