QuickBooks Online On-Demand: Fundamentals

*** This is an On-Demand (self-study format) course with 180-Day access available 24/7 online *** Learn at your own pace – anytime, anywhere. This On-Demand course gives you the flexibility to study on your schedule with the ability to review and revisit materials as needed during the course access period. (Applicable State and Local taxes may be added for On-Demand purchases, depending on your location.) Note: The 180-day course access period begins at time of purchase. VERSION NOTE: This course is for QuickBooks 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. If you are using QuickBooks Desktop you should instead consider: QuickBooks Desktop On-Demand Comprehensive (Introduction & Beyond the Basics).
About this Course This self-paced, on-demand course covers the same content as the 3-day QuickBooks Online Level 1: Fundamentals Track (ILT) class. Accessible 24/7 from any internet-connected device, this course is designed to provide a flexible and engaging learning experience. Included in this course: • Knowledge Blocks – Digital reading materials to support and reinforce key concepts • Lab PDF’s – Downloadable and printable lab instructions to follow along with video demonstrations • Hands-On labs – Step-by-step video labs to guide you through completing real-world projects • Course Completion Certificate – Printable upon successful completion of all course requirements Course Overview This 3-day class is perfect for learners who are new to both accounting and QuickBooks Online. You will gain confidence in financial basics—like accounts, transactions, and reconciliation and complete hands-on activities. The course provides plain-language and a working knowledge of how to manage your books, from setup to reporting. Target Student This course is ideal for Beginners who need more practice, administrative staff, new business owners, or those taking on bookkeeping duties for the first time. Prerequisites • Basic proficiency in the Windows operating system and browsing online • Basic understanding of accounting practices. What You Need to Take This Training - Reliable internet connection and modem - Modern web browser (Chrome recommended) - Multiple monitors recommended - Printer (optional) Prefer a Live, Instructor-led (ILT) Class Format? We offer this same course as live, instructor-led (ILT) training. For details see ` QuickBooks Online Level 1: Fundamentals Track
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) GAAP Accrual Basis vs. Cash Basis Accounting Account Types and Financial Reports Working with Company Accounts and Settings Planning Your Company Settings Picking a Start Date for Your Data Setup Checklist—Elements of the Plan Customizing Your Company Settings The Chart of Accounts Adding a Bank Account to the Chart of Accounts Adding a Credit Card to the Chart of Accounts Adding and Editing Products and Services Adding and Managing Users update md Opening Balances and Historical Transactions Pre-fill Forms with Previously Entered Content Automatically Apply Credits Automatically Invoice Unbilled Activity Currency Selection Warn if Duplicate Check Number Used Warn if Duplicate Bill Number Used Automatically Apply Bill Payments Working with Customers The Customer Hub Adding, Editing and Merging Customers Importing Customers from an Excel or CSV File Making Customers Inactive Recording Sales Transactions Adding an Invoice for a Customer Enabling and Adding Price Rules Using a Price Rule on a Sales Transaction Receiving Customer Payments Recording a Bank Deposit Creating Customer and Sales Reports Correcting Errors Working with Vendors The Expenses & Bills Hub The Money Bar The Vendors List Adding and Editing Vendors Importing Vendor Data from an Excel or CSV File Merging and Making Vendors Inactive Creating Vendor Transactions: Purchases and Expenses Entering Checks and Expenses Managing Accounts Payable Entering and Paying Bills Accounts Payable Reports Other Vendor Reports Banking and Credit Card Transactions Managing Bank Transactions Matching Bank Transactions to QuickBooks Online Transactions Matching Recognized, Partially Recognized and Unrecognized Transactions Managing Bank Rules Other Bank Feed Transactions Reconciling Accounts Managing Inventory Enabling Tracking Inventory Items and the Products and Services List Adding and Using an Inventory Item Inventory Adjustments Inventory Reports Purchase Orders Overview of Purchase Orders in QuickBooks Online Creating and Managing Purchase Orders Using a Posting Transaction to Receive a Purchase Order Purchase Order Reports Credits, Returns, Taxes and Refunds Vendor Credits and Returns Customer Returns and Credits Customer Credit Memos The Sales Tax Hub Sales Tax Liability Reports Working with Balance Sheet Accounts and Budgets Fixed Assets and Lon Term Liabilities Journal Entries and Recurring Transactions Depreciating an Asset with a Journal Entry Transferring Funds Between Accounts Handling Uncollectible Receivables/Bad Debts Handling Bounced/Returned Checks Budgets in QuickBooks Online Extending Capabilities in QuickBooks Online Customizing Reports in QuickBooks Online Scheduling Reports to Send Email Adding a Custom Field in QuickBooks Online Keyboard Shortcuts Extending Capabilities with Apps The QuickBooks Community Tacking Your Financials with Class and Location Tracking Enabling and Adding Classes to QuickBooks Online Using a Class on a Transaction Running the Profit and Loss by Class Report Enabling and Adding Locations to QuickBooks Online Assigning a Location to a Transaction Project Tracking Completing the Accounting Cycle Completing the Accounting Cycle Using the Trial Balance Report Using Journal Entries to Make Financial Adjustments Adjusting Inventory Asset Value with a Journal Entry Running the Balance Sheet and Profit and Loss Reports Closing the Books The Audit Log in QuickBooks Online