Professional Bookkeeping with QuickBooks 2018 with Payroll Practice and Management

Begin your career journey into the high-demand field of bookkeeping by mastering QuickBooks 2018 — the leading financial software tool for small businesses. After an in-depth study of QuickBooks, you will learn the principles of payroll management. By the end of this comprehensive training, you will be an expert in payroll from basic accounting to double-entry bookkeeping. You will learn through hands-on activities designed to help you understand skills like handling accounts receivable and...

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12 Months / 220 Course Hrs
Open Enrollment
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George Mason University

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Professional Bookkeeping with QuickBooks 2018 with Payroll Practice and Management

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Course code: GES2025

What you will learn

  • Identify various laws and regulations that affect employers in their payroll operations
  • Identify the various deductions, both voluntary and involuntary, that are taken out of employees' gross pay
  • Calculate gross and net pay
  • Explain the use of the forms required to withhold, deposit, and report federal income taxes
  • Recognize dates and regulations to ensure payroll compliance and reporting
  • Understand the payroll process and supporting systems and administration
  • Correctly apply payroll policies and procedures of a payroll department
  • Journalize payroll transactions and post to appropriate general ledger accounts
  • Be able to process a payroll from start to finish (payroll project)
  • Perform basic bookkeeping equations
  • Set up and utilize QuickBooks 2018
  • Enter data accurately
  • Manage bookkeeping
  • Use double-entry accounting
  • Understand the impacts of debits and credits for all account types

How you will benefit

  • Be prepared to pass the FPC exam, and become certified in the fundamentals of payroll
  • Having a certification in payroll is a desirable attribute that many employers seek in payroll candidates
  • With certification comes additional knowledge and skill that is not often taught in the workplace
  • Be able to search and apply for payroll jobs, with the additional resume skills
  • Learn how to effectively use QuickBooks 2018 to save an organization time and money
  • Practice bookkeeping with confidence by becoming aware of the legal standards that apply to accounting methods
  • Become an indispensable part of a small business that needs quality bookkeeping skills

How the course is taught

  • Self-paced, online course
  • 12 Months to complete
  • Open enrollment, begin anytime
  • 220 course hours
  1. Professional Bookkeeping with QuickBooks 2018
    1. QuickBooks Basics
      1. Welcome to QuickBooks
      2. Working with Company Files
      3. Securing Your Company Files
    2. Bookkeeping Building Blocks
      1. Bookkeeping Defined
      2. The Journal, the Ledger, and Special Journals
    3. Preparing the Company File
      1. The Chart of Accounts
      2. Company Lists
    4. Cash and Fixed Asset Transactions
      1. Bank Accounts and Cash Transactions in QuickBooks
      2. Fixed Assets and Depreciation in QuickBooks
    5. Understanding Accounts Payable
      1. Accounts Payable I
      2. Accounts Payable II
    6. Reviewing Accounts Receivable
      1. Accounts Receivable I
      2. Accounts Receivable II
      3. Accounts Receivable III
      4. Batch Invoicing and Creating Letters
    7. Managing Inventory Transactions
      1. Introduction to Inventory and Customer Estimates
      2. List Items and Inventory in QuickBooks
      3. Ordering and Selling Inventory in QuickBooks
      4. Vendor Discounts and Credits and Adjusting Inventory in QuickBooks
      5. Tracking Price Levels and Customer Discounts in QuickBooks
      6. Working with Customer Balances
    8. Closing the Books and Reporting in QuickBooks
      1. Closing the Books and Reporting
      2. Your Career Roadmap
      3. Communication
  2. Payroll Practice and Management
    1. Introduction to Payroll
    2. Determining Worker Status
    3. The Fair Labor Standards Act (FLSA)
    4. Federal Employment Taxes
    5. Payroll Forms
    6. Fringe Benefits – Tax-Preferred and Other Related Health Benefits
    7. Fringe Benefits – Deferred Comp, Retirement Plans, and Stock Options
    8. Other Employee Benefits
    9. Calculating Gross Wages
    10. Calculating Gross Pay – Additional Topics
    11. Paycheck Calculation – Taxes
    12. Paycheck Calculation – Voluntary and Involuntary Deductions
    13. Gross to Net Paycheck Calculation
    14. Compliance – Laws and Reporting
    15. Global Payroll
    16. Payroll Process and Systems, and Audits
    17. Paying the Employee
    18. Payroll Administration and Management
    19. Basic Accounting
    20. Exploring Payroll Careers
    21. Exam Preparation
    22. Payroll Project

Wade Lindenberger is a CPA with over 20 years of financial accounting and management experience in public accounting and private industry. He is currently Director of Finance and Administration for New Children's Museum. Before his current position, he worked as the National Finance and Accounting Service Line Leader for Premier Alliance Group, a national professional services firm. Wade was also Director of the Finance and Accounting service line for the San Diego office of a global, publicly held professional services firm. Before becoming a consultant, Wade was Divisional Controller for one of the leading health and fitness club chains in the world. He has also been Internal Audit Manager and Divisional Controller for a division of a Fortune 500 global energy project management company. He began his career with Coopers & Lybrand, predecessor to PricewaterhouseCoopers, one of the "Big Four" CPA firms. He has previously served as an instructor for courses at Coopers & Lybrand and at the University of California at San Diego for the Extension Course and is currently an adjunct professor at the University of San Diego School of Business. He is a member of the American Institute of Certified Bookkeepers' Advisory Board.

Helene K. Liatsos is business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company Home Office Management Experts was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.

There are no prerequisites to take this course.

Hardware Requirements:

  • This course must be taken on a PC. Macs are not compatible.

Software Requirements:

  • PC: Windows 8 or later.
  • Browser: The latest version of Internet Explorer, Firefox, or Google Chrome browsers
  • QuickBooks 2018 Desktop Pro Software (software not included in course fee).
  • Microsoft Office or equivalent (not included in enrollment).
  • Adobe Acrobat Reader.
  • Software must be installed and fully operational before the course begins.

Other:

  • Email capabilities and access to a personal email account.

Instructional Material Requirements:

The instructional materials required for this course are included in enrollment. The following textbooks will be shipped to you approximately 7-10 business days after enrollment:

  • Bookkeeping for Dummies, 2nd Edition

The following textbook will be shipped to you approximately 7 to 10 business days after enrollment in the Payroll portion of the program:

  • Payroll Accounting

Yes, ed2go courses are completely online. However, keep in mind that not all certifying bodies or industry-specific certifications are recognized internationally. Please review your country's regulations prior to enrolling in courses that prepare for certification.

No.

This course is open enrollment, so you can register and start the course whenever you are ready. Access to your course can take 24-48 business hours.

After you register, you will receive (12) months to complete the course. The time allotted for completion has been calculated based on the number of course hours.

If you are unable to complete the course, contact your Student Advisor to help you work out a suitable completion date. Please note that an extension fee will be charged. If you are funded through a third-party organization, approval may also be required.

The course instructor will be available by email to answer any questions you may have and to provide feedback on your performance. Occasionally, your course may be supported by a team of industry experts. You will also be assigned a Student Advisor for academic support.

Upon successfully passing the final exam, you will be awarded a certificate of completion from the school or organization that you registered through.

ed2go courses will help you gain the skills you need to obtain an entry-level position in most cases. However, you should always research the job market in your area before enrolling.

ed2go courses are non-credit, so they do not qualify for federal aid, FAFSA, and Pell Grant. In some states, vocational rehab or workforce development boards may provide funding to take our courses. Additionally, you may qualify for financial assistance if you meet certain requirements. Learn more about financial assistance.