QuickBooks for Accounting

A comprehensive course designed to teach students the essential skills for managing finances with QuickBooks, ideal for accounting professionals, business owners, and aspiring bookkeepers.

Course Overview

This course is structured for individuals seeking to become proficient in QuickBooks for professional or business use. Students will learn to manage financial transactions, create reports, and oversee bookkeeping processes with ease. The curriculum includes:

✅ Introduction to QuickBooks and basic accounting principles
✅ Setting up a company file and configuring QuickBooks
✅ Managing expenses, income, and bank reconciliations
✅ Creating and tracking invoices and bills
✅ Managing inventory and payroll
✅ Generating financial reports for insights and analysis
✅ Customizing QuickBooks to fit specific business needs
✅ Best practices for data security and backup

Upon completing the course, students will be capable of using QuickBooks effectively for financial management, making them valuable for entry-level roles in bookkeeping or for freelance opportunities.

Course Curriculum

8 Modules

QuickBooks Introduction and Accounting Fundamentals

Understanding the QuickBooks interface and essential accounting principles. Students will learn about double-entry accounting, chart of accounts, and the relationship between financial statements.

Company Setup and Configuration

Creating and configuring new company files with appropriate settings. Students will learn to set up the chart of accounts, establish fiscal years, and customize QuickBooks to match business needs.

Managing Income and Expenses

Recording sales, invoices, bills, and expenses accurately in QuickBooks. Students will learn to create sales receipts, track accounts receivable/payable, and manage the complete revenue cycle.

Bank Reconciliation and Account Management

Performing bank reconciliations and maintaining accurate financial records. Students will learn to import bank transactions, match entries, and resolve discrepancies between QuickBooks and bank statements.

Inventory and Item Management

Setting up and tracking inventory, products, and services in QuickBooks. Students will learn to manage stock levels, set reorder points, and generate inventory valuation reports.

Payroll Processing and Tax Management

Managing employee payroll, tax withholdings, and compliance requirements. Students will learn to set up payroll items, process paychecks, and generate required tax forms and reports.

Financial Reporting and Analysis

Generating and interpreting essential financial reports for business insights. Students will learn to create and customize profit & loss statements, balance sheets, cash flow reports, and other management tools.

QuickBooks Customization and Advanced Features

Tailoring QuickBooks features for specific business needs and industries. Students will learn to use custom fields, classes, job costing, and automated features to enhance productivity.