Introduction to QuickBooks 2016
Learn to manage the financial aspects of your small business quickly and efficiently with this powerful accounting software program. QuickBooks is designed especially for the small- to midsized-business owner who needs a fully functional accounting system that's also easy to use.
In 12 lessons, you will gain hands-on experience as you master the tools you need set up a chart of accounts; reconcile your checking account; create and print invoices, receipts, and statements; track your payables, inventory, and receivables; create estimates; and generate reports.
Whether you're new to QuickBooks or have already used earlier versions of this accounting software program, this course will empower you to take control of the financial accounting for your business.
What you will learn
- Learn everything you need to know about running QuickBooks in a small to mid-sized business
- Discover how to set up a chart of accounts, reconcile your checking account, and create estimates
- Learn to create and print invoices, receipts and statements
- Understand how to track payables, inventory, and receivables
- Gain the knowledge you need to generate reports
How you will benefit
- Get hands-on experience as you master the tools you will need to successfully use QuickBooks
- Gain the confidence to take control of the financial accounting for your business
How the course is taught
- Instructor-led or self-paced online course
- 6 Weeks or 3 Months access
- 24 course hours
Your first lesson introduces the QuickBooks interface. You will find out how the pros use QuickBooks to simultaneously manage common accounting tasks for multiple companies, you will get to set up a QuickBooks Company of your very own, and you will learn some QuickBooks terminology.
The Chart of Accounts is the heart and soul of QuickBooks. In this lesson, you will learn how to take fullest 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 focuses on using the company lists feature in QuickBooks to gather and organize all of the information you need to conduct your business. By the time you finish this lesson, you will know how to store and retrieve all manner of useful facts, including data on customers, vendors, products, services, important events, and more.
This lesson will teach you how to work with bank accounts in QuickBooks. You will learn how to tell QuickBooks about checks, withdrawals, and transfers between accounts. You will get firsthand experience with adding, finding, and editing or voiding all manner of checking and savings account transactions.
The physical objects you rely on to help you run your business (like furniture, machinery, vehicles, computers, telephones, or even the building that houses your business) all have significant value. That's why it's important for you to keep an accurate tally of everything your business owns. This lesson provides plenty of opportunities to practice creating a tally.
Without an organized system for managing all the bills your business receives, they can really start to stack up. This lesson will teach you how to use QuickBooks to make sure you're paying all of your bills right on time—not too early, and not too late.
This lesson concludes the unit on the accounts payable tools. You will learn how to get QuickBooks to memorize bills that you find yourself paying over and over again, month after month. Then, you will learn how to create some useful accounts payable reports.
You will find this lesson useful if your business ever finds itself required to collect payment from a customer long after the products or services have been delivered. You will find out how to create an invoice, fill it with invoice items, edit it, print it, and even email it to your customers.
Okay, so you created an invoice and delivered it to your customer. With a little bit of luck, your customer will place the invoice on their "to-do" list and, eventually, you will receive some form of payment for your troubles. Now what? You will find out in this lesson.
This lesson explores useful customer-related reports that help you keep track of exactly who owes you what. Then, you will learn what to do if you ever incur a charge on behalf of a customer and wish to be reimbursed for that expense.
This lesson will teach you how to customize your QuickBooks invoices to give them a more professional look. You will also learn how to work with two of QuickBooks' more advanced features: inventory tracking and estimating.
In your final lesson, you will find out how to create, use, and memorize a wide variety of useful reports that can help you locate, organize, sort, total, summarize, and otherwise make sense of all those transactions you painstakingly entered into QuickBooks.
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.
- This course must be taken on a PC. Macs are not compatible.
- PC: Windows 8 or later.
- Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge is also compatible.
- QuickBooks Pro 2016 or QuickBooks Premier Edition 2016 (not included in enrollment).
- Note that while this course is based on the U.S. version of QuickBooks, users of the Canadian and Australian versions will be supported in the Discussion Areas to the extent possible.
- Adobe Acrobat Reader.
- Software must be installed and fully operational before the course begins.
- Email capabilities and access to a personal email account.
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-Led: A new session of each course begins each month. Please refer to the session start dates for scheduling.
Self-Paced: You can start this course at any time your schedule permits.
Instructor-Led: Once a course session starts, two lessons will be released each week for the 6 week duration of your course. You will have access to all previously released lessons until the course ends.
Self-Paced: You have 3 month access to the course. After enrolling, you can learn and complete the course at your own pace, within the allotted access period.
Instructor-Led: The interactive discussion area for each lesson automatically closes two weeks after each lesson is released, so you're encouraged to complete each lesson within two weeks of its release.
Self-Paced: There is no time limit to complete each lesson, other than completing all lessons within the allotted access period.
Instructor-Led: The final exam will be released on the same day as the last lesson. Once the final exam has been released, you will have two weeks plus 10 days (24 days total) to complete the final and finish any remaining lessons in your course. No further extensions can be provided beyond these 10 days.
Self-Paced: Because this course is self-paced, no extensions will be granted after the start of your enrollment.