Introduction to QuickBooks Online

Introduction to QuickBooks Online

Manage the financial aspects of your small business quickly and efficiently using QuickBooks Online. This course will give you hands-on experience recording income and expenses; entering checks and credit card payments; tracking your payables, inventory, and receivables; and much more.
6 Weeks Access / 24 Course Hrs
  • Details
  • Syllabus
  • Requirements
  • Instructor

Details

This QuickBooks course will teach you how to manage your business finances with QuickBooks Online. This powerful accounting software has helped millions of small business owners oversee their finances. And with the cloud-based program outpacing the desktop version, there's no better time to refresh your QuickBooks knowledge.

You will learn to use key features of QuickBooks Online and gain hands-on experience creating invoices, receipts, and statements; track payables, inventory, and receivables; generating reports; and more. Whether you're new to QuickBooks or need a quick refresher, this course will empower you to take control of your business's financial accounting, all with the ease and convenience of an online platform.

Enrollment Options:
Instructor-Led
6 Weeks Access Course Code: qol
Start Dates*Jun 17 | Jul 15 | Aug 12 | Sep 16
*Choose start date in cart
$90.00 USD $115.00
Self-Paced
3 Months Access Course Code: T9188
No Instructor, Start Anytime
$90.00 USD $115.00

Syllabus

Your first lesson will introduce the QuickBooks Online interface and the pros and cons of working with your accounting information online. You will learn about the various subscription packages and practice using some of the interactive navigation features within the program.

To truly unlock the power of QuickBooks Online, it's helpful to have some basic accounting knowledge under your belt. In this lesson, you'll learn some introductory accounting terminology. In addition, you'll learn the basics of double entry accounting principles as well as the components of the Financial Statement.

The Chart of Accounts is the heart and soul of QuickBooks. In this lesson, you will learn how to take full advantage of this powerful tool to add, edit, and access accounts that you can use to track the value of your business or monitor your income and expenses.

This lesson introduces best practices for using centers and lists in QuickBooks to gather and organize information needed to properly conduct business. You will also learn how to process Form 1099 to give to your vendors at the end of the year.

In this lesson, you will learn how to work with bank accounts in QuickBooks Online. You will learn how to create a new bank account, connect it online, and download, match, and add transactions. Then you will learn how to reconcile your checking account with your monthly bank statement to make sure that neither you nor the bank made any errors.

Keeping track of the checks and other expense transactions your business incurs is one of the most critical aspects of your daily operations. In this lesson, you will learn how to utilize QuickBooks' built-in features to enter check transactions and bank transfers like a pro.

Without an organized system for managing all the bills your business receives, they can really start to stack up. And when bills pile up, you might overlook one or two from time to time. In this lesson, you will learn how to enter, edit, and pay your bills on time. You will also learn how to enter and apply vendor credits to an existing or future bill.

In this lesson, you will learn how to effectively manage Credit Card accounts in QuickBooks Online. You will also learn how to enter a full or partial payment of the credit card balance when it comes time for payment. Finally, you will get the chance to create and enter a new loan balance resulting from the purchase of a long-term asset such as a vehicle or piece of equipment.

You will find this lesson useful if your business ever sells a product or service and collects payment on the sale immediately. Then you will learn how to create multiple Sales Receipts and make the necessary deposit to your bank.

In order to evaluate just how well your company is performing, you will need to learn how to enter estimates, invoices, and customer payments. You will do just that in this lesson. You will also learn how to group multiple customer payments and record those deposits to the bank.

This lesson focuses on billing customers for an expense incurred on a project or job. You will even see how you can add a markup percentage to the amount you include on the customer invoice. Also, you will examine the steps needed to enter credit memos, delayed credits, and refunds.

In your final lesson, you will learn how to work with the sales tax features in the program to collect and remit taxes you collect from customers. You will also find out how to create, use, and customize a wide variety of useful reports.

Requirements

Requirements:

Hardware Requirements:

  • This course can be taken on either a PC or Mac.

Software Requirements:

  • PC: Windows 8 or later.
  • Mac: OS X Snow Leopard 10.6 or later.
  • Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible.
  • When your course starts, you will be directed to access and utilize the free QuickBooks Online practice site to complete the lesson and assignment steps. You do not need to purchase a subscription or additional software to complete this course. However, please note that this course is suitable only for the QuickBooks Online version. The desktop versions of QuickBooks are not compatible with this course and should not be used. If you have the desktop version, you should consider registering for the course specifically designed for your version.
  • Adobe Acrobat Reader. Click here to download the Acrobat Reader.
  • Software must be installed and fully operational before the course begins.

Other:

  • Email capabilities and access to a personal email account.

Prerequisites:

There are no prerequisites to take this course.

Instructional Material Requirements:

The instructional materials required for this course are included in enrollment and will be available online.

Instructor

Scott Paxton is a Certified Public Accountant and holds master's degrees in business administration and accounting. His background includes experience as a public accountant, a manager in the banking industry, an entrepreneur and a college business instructor. Paxton has also spent much of his career helping small business owners successfully implement and troubleshoot QuickBooks.