KnowledgeCity

Intermediate QuickBooks Online Series

QuickBooks is a software program designed for business accounting.

QuickBooks is a software program designed for business accounting. It allows businesses to keep track of many of the financial aspects of running a business including income and expenses to invoicing customers, paying bills, preparing tax documents, and generating reports. In this QuickBooks intermediate course, you will learn how to set up company files, work with customers, and job features. You will also work with different sales transactions as well as manage vendor lists and expenses.

QuickBooks is one of the most popular accounting software applications and learning how to use it will make accounting easier. The software is designed for small to mid-sized businesses and enables users to track their business cash flow and generate important documents such as year-end financial reports. The software makes running a business easy. The features of this software help businesses manage their money more effectively and makes relationships with vendors and customers more efficient.

Learning Objectives:

  • Set up a company profile and manage users
  • Set up business accounts
  • Create customer lists and edit customer information
  • Create estimates, invoices, and customer credit documents
  • Create vendor lists
  • Manage expenses
  • Pay Bills

Author: Cindy McGuckin

Duration: 2h 32m · 40 lessons
Level: Intermediate
Language: English

Skills you’ll gain

Accounting SoftwareBusiness SoftwareQuickBooks (Accounting Software)Quicken (Accounting Software)Sage Accounting SoftwareQuickBooks Certification

What You'll Learn

  • Set up and customize company files, manage users, and configure a company profile
  • Set up business accounts including bank, asset, credit card, equity, income, cost of goods sold, and expense accounts
  • Create and manage customer lists, add sub-customers, edit customer information, and make customers inactive
  • Create estimates, invoices, credit memos, and customer credit documents, and record customer payments
  • Manage vendor lists, expenses, and pay bills
  • Generate financial reports such as the Profit and Loss Report and Balance Sheet Report

Key Takeaways

  • QuickBooks is a business accounting software that helps track income and expenses, invoice customers, pay bills, prepare tax documents, and generate reports.
  • The software is designed for small to mid-sized businesses and enables users to track business cash flow and generate documents such as year-end financial reports.
  • This intermediate course covers setting up company files, working with customer and job features, handling sales transactions, and managing vendor lists and expenses.
  • Working with accounts in QuickBooks includes setting up account types such as bank, asset, credit card, equity, income, cost of goods sold, and expense accounts.
  • QuickBooks features help businesses manage money more effectively and make relationships with vendors and customers more efficient.

Frequently Asked Questions

Who is this QuickBooks course designed for?

QuickBooks is designed for small to mid-sized businesses, helping them track business cash flow and generate important documents such as year-end financial reports.

What will I learn in this intermediate QuickBooks Online course?

You will learn how to set up company files, work with customers and job features, handle different sales transactions, and manage vendor lists and expenses. The learning objectives include setting up a company profile and managing users, setting up business accounts, creating and editing customer lists, creating estimates, invoices, and customer credit documents, creating vendor lists, managing expenses, and paying bills.

What is QuickBooks used for?

QuickBooks is a software program designed for business accounting. It allows businesses to track many financial aspects of running a business, including income and expenses, invoicing customers, paying bills, preparing tax documents, and generating reports.

What types of accounts does the course cover?

The course covers setting up accounts and provides an account types overview, including bank accounts, asset accounts, credit card accounts, equity accounts, income accounts, cost of goods sold accounts, and expense accounts.

What reports does this course teach you to generate?

The course covers generating the Profit and Loss Report and the Balance Sheet Report.

Transcript

The full transcript is available inside the lesson player once you start the course.

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