Workshop - Mastering QuickBooks Online: Tips and Tricks

QuickBooks is the leading accounting software in use today. The software provides an easy-to-use bookkeeping system for small businesses that need to track financial information. Participants in this class will learn how to set up and manage a basic set of accounting books, including how to create a chart of accounts, post daily transactions, create vendor lists, reconcile checking and credit card accounts, track activity, and generate financial reports.

Course Outline

• Introduction and Dashboard – 10 minutes
• Financial Statements – 10 minutes
• Banking: Checking, Savings, Credit Cards – 10 minutes
• Accounting Charts of Accounts; Bank reconciliation– 10 minutes
• Reporting – 10 minutes
• Q&A – 10 minutes

• Be familiar with general accounting concepts to get the most useful information from their QuickBooks program
• Set up a new company in QuickBooks
• Set company and personal preferences
• Add, change, and delete accounts and vendors
• Properly post daily transactions
• Track and reconcile credit card and bank activity
• Make journal entries
• Generate profit & loss, balance sheet, and other reports