This course will introduce the basics of using Quickbooks Online. It will present the day to day functions for an administrator to work with customer, vendor, employee and banking transactions for a business using the Intuit Quickbooks Online cloud application. This level 1 course will have you create a new company, add customers and vendors, work with your bills and invoicing your customers, entering transactions and working with your bank accounts and transactions.
Prerequisites
We recommend that individuals taking this class have a basic proficiency in the Windows operating system and browsing online, in addition to a basic understanding of accounting practices. For individuals with limited or no accounting background, we recommend taking our self-study on-demand classes: "Introduction to Business Accounting" and "Bookkeeping and Payroll."
Course Outline
Getting Started with QuickBooks Online
- Introducing QuickBooks Online
- QuickBooks Online Subscriptions
- Mobile Devices
- Updates and the Ever-Evolving User Interface
- Security
- The Test Drive
- Your Trial Subscription and the Company File
- Navigating the User Interface
- The Gear Menu
- The Top-Right Navigation Tools
- The Help Menu
- The Navigation Bar
- Accounting—Behind the Scenes
- Generally Accepted Accounting Principles (GAAP)
- Accrual Basis vs. Cash Basis Accounting
- Account Types and Financial Reports
- Planning and Creating Your Company File
- Start Date
- Setup Checklist—Elements of the Plan
- Customizing Your Company File
- The Chart of Accounts
- Products and Services
- Adding and Managing Users
- Opening Balances and Historical Transactions
- The Sales Center
- Adding Customers and Sub-Customers
- Importing Customers from an Excel or CSV File
- Editing, Merging, and Making Customers Inactive
- Recording Sales Transactions
- Customizing Sales Forms Settings: Content
- Customizing Sales Forms Settings: Appearance
- Creating Sales Receipts and Invoices
- Receiving Customer Payments
- Recording a Bank Deposit
- Creating Customer and Sales Reports
- The Expenses Center
- The Money Bar
- The Vendors List
- Adding Vendors
- Importing Vendor Data from an Excel or CSV File
- Editing, Merging, and Making Vendors Inactive
- Creating Vendor Transactions: Purchases and Expenses
- Customizing Expense Form Settings
- Creating Check, Expense, and Bill Records
- Managing Accounts Payable
- Accounts Payable Reports
- Other Vendor Reports
- Paying Bills
- Managing the Banking Center
- Setting Up and Using Bank Feeds
- Managing Bank Rules
- Other Banking Transactions
- Entering Debit and Credit Card Transactions
- Reconciling Accounts
- Bank Feeds
- Undeposited Funds
- Preparing Financial Reports
