QuickBooks Online Level 1: Fundamentals Track

VERSION NOTE: This course is for QuickBook ONLINE users in which the software is accessed via the cloud.
QuickBooks Desktop, on the other hand, is installed directly on the computer with other differences. For that reason QuickBooks Desktop users should instead attend: ` QuickBooks Desktop Enterprise Introduction .
Course Overview This 3-day Level 1 class is perfect for learners who are new to both accounting and QuickBooks Online. You’ll gain confidence in financial basics—like accounts, transactions, and reconciliation—while working hands-on in QuickBooks with plenty of time for guided practice. We’ll move at a comfortable pace, explain terminology in plain language, and ensure you leave with a working knowledge of how to manage your books, from setup to reporting. Prerequisites • Basic proficiency in the Windows operating system and browsing online • Basic understanding of accounting practices. _ Individuals with limited to no accounting background may want to consider our self-study On-Demand class: ` Accounting On-Demand: Introduction to Business Accounting, Bookkeeping & Payroll for additional background.
*** NOTE: This class also offered in On-Demand, eLearning Format *** Unable to miss work to attend our live, instructor-led class? Learn at your own pace from your own place with our QuickBooks Online On-Demand course. The self-study course covers the same content. For this alternative learning format see ` QuickBooks Online On-Demand: Complete Bundle (Levels 1,2,3 + Accounting)
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 Other Tools You’ll Need 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 Setting Up a New Company File 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 Working with Customers 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 Creating Sales Receipts and Invoices Price Rules Receiving Customer Payments Recording a Bank Deposit Creating Customer and Sales Reports Correcting Errors Working with Vendors 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 Banking and Credit Card Transactions 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 Tracking Inventory Enabling Tracking Entering Inventory Non-Inventory Products Inventory Adjustments Purchase Orders Purchase Order Reports Receiving Inventory Against a Purchase Order Purchase Orders for Non-Inventory Products Adding an Expense to a Purchase Order Payment Purchasing a Product without a Purchase Order Credits, Returns, Taxes and Refunds Vendor Credits/Returns Sales Tax Inventory and Non-Inventory Products Customer Returns and Credits Customer Refunds Inventory Reports Working with Balance Sheet Accounts and Budgets Recording Other Current Assets Journal Entries and Recurring Transactions Fixed Assets and Long-Term Liabilities Transferring Funds Between Accounts Petty Cash Handling Uncollectible Receivables/Bad Debts Creating and Reviewing Budgets Customizing, Fine-Tuning, and Extending Capabilities Customizing Reports Sending Reports Adding a Custom Field to Sales Forms Protecting Confidential Information Setting User Permissions Keyboard Shortcuts Extending Capabilities with Apps The QuickBooks Community Staying on Track: The Accounting Cycle Generally Accepted Accounting Principles and the Accounting Cycle GAAP Class Tracking Location Tracking Accounting Cycle Steps Project Tracking Tags Delayed Charges and Credits Completing the Accounting Cycle, Closing the Books, and Reviewing Changes Completing the Accounting Cycle Creating the Trial Balance Report and Making Adjustments Adjusting Journal Entries Comparing Inventory Quantities and Making Adjustments Creating Financial Statements Assembling Management Reports Closing the Books The Audit Log and Audit History Audit Log Audit History