QuickBooks is an accounting software package developed and marketed by Intuit.  QuickBooks products are geared mainly toward small to medium-sized businesses and offer on-premises accounting applications, as well as cloud-based versions that accept business payments, manage, and pay bills and perform payroll functions.

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Module 1: Setup and Maintenance

  • Course Introduction
  • Knowing Which Account is Right for You
  • Getting Started
  • User Setup
  • Access Rights
  • User Setup Completion
  • Adding Employees to Payroll
  • Inviting Your Accountant
  • Dashboard and 3 Ways to Navigate QBO
  • Commonly Used Forms
  • Module 1 Summary

Module 2: List Management

  • Defining Lists
  • Importing Lists
  • Employees vs 1099
  • Adding and Removing Entries
  • Updating Entries
  • Editing and Managing List Elements Demo
  • Merging Items (entries)
  • Form Requirements
  • Summary

Module 3: Sales (Money-In)

  • Product and Service Setup
  • Customer Setup Demo
  • Invoicing Workflows
  • Recording Sales
  • Customer Statements
  • Tracking Audit History Demo
  • Sales Receipt Workflow
  • Undeposited Funds Account
  • Accounts Receivable Impact
  • Impact of Connecting Your Bank Account to QBO
  • Billable Expense Invoicing
  • Recording a Customer Credit
  • Delayed Charges
  • Estimates
  • Summary

Module 4: Purchased (Money-Out)

  • Product and Service Setup on Purchase Forms
  • Vendor Setup
  • Purchase Order Transactions
  • Entering and Paying Bills
  • Recording Checks
  • Recording Credit and Debit Card Transactions
  • Recording EFTs, Online Payments, and Wire Transfers
  • Recording Vendor Credits
  • Voiding vs Deleting Checks
  • Vendor Page and Report Insights
  • Summary

Module 5: Accounting

  • Basic financial statements (Balance sheet, income statement, and statement of cash flows)
  • Financial Statements Expanded
  • Cash and Accrual Accounting Differences
  • Difference Between Cash and Accrual Reporting
  • Setting a Closing Date
  • Balancing Your Books aka Reconciling Demo
  • Journal Entries
  • Audit Log Insights
  • Project Profitability Demo
  • Summary

Module 6: Reports

  • Customized Reports
  • Commonly Used Reports Demo
  • Setup Automatic Report Emails
  • Collapse and Expand Report Function
  • Exporting and Importing Reports
  • Summary

Module 7: Customizations and Time Savers

  • Tracking Income and Expenses for Multiple Locations
  • Organizing your Chart of Accounts
  • Custom Fields on Invoices
  • Recurring Transactions
  • Customizing a Sales Form
  • Keyboard Shortcuts
  • QBO Mobile App Preview
  • Connecting Third Party Apps to QBO
  • Summary

Module 8: Extra

  • Common Mistakes QBO Users Make
  • Final Note on Bookkeeping Best Practices
  • Why QBO is Awesome
  • Course Outro
  • Defining Terms and Sample Quiz Questions