Gain a clear understanding of accounting principles as it applies to the use of the Quickbooks Online accounting system. The course begins with a basic background of accounting followed by the initial setup of a sample Quickbooks company account. You will learn how to process company transactions (deposits, invoicing, payments, etc.) followed by a reconciliation of your account with a bank statement. By the end, participants will generate financial reports to include Profit and Loss and Balance Sheet statements.
Background knowledge of accounting
Demonstration of setup of Quickbooks company account
Difference between processing deposits, invoices, payments, etc.
Generation of financial reports to include Profit and Loss and Balance Sheet statements
Obtain a better understanding of accounting principles
Effectively set up a Quickbooks account
Accurately execute transactions
Utilize Quickbooks to its fullest potential