QuickBooks Online Essential Training (2021)

Course details

Get up to speed with QuickBooks Online so you can manage business finances in the cloud, anywhere you go. Bonnie Biafore shows business managers who are new to the bookkeeping platform—and QuickBooks veterans making the leap to the online edition—how to pay bills on time, collect the money earned, and run reports to see how the company is performing. Plus, discover how to set up customers, vendors, products, and services; record transactions; reconcile bank statements; and pay sales tax.

Topics include:
Identify the fundamentals of working with a chart of accounts in QuickBooks Online.
Recall the steps required to utilize account numbers in QuickBooks Online.
Determine the essentials of adding products in QuickBooks Online.
Recognize the steps required for editing company information in QuickBooks Online.
Identify the steps to take when creating and editing customers in QuickBooks Online.
Recognize the steps to engage in when setting up projects in QuickBooks Online.
Identify the fundamentals of recording billable expenses and mileage in QuickBooks.
Distinguish the important steps to use when printing checks in QuickBooks Online.
Outline the essentials of applying discounts in QuickBooks Online.
Identify the fundamentals of processing downloaded online transactions.

Concepts

0. Introduction

01 - Manage your business finances online
02 - Is QuickBooks Online right for your business
03 - Which online edition should you choose
04 - What is double-entry accounting
05 - How to use the exercise files

1. Get Started

06 - Tour the interface
07 - Add company information in QuickBooks Online
08 - Work with the chart of accounts
09 - Create bank accounts and credit cards
10 - Use account numbers
11 - Set up sales tax
12 - Add services
13 - Create noninventory products
14 - Add inventory products
15 - Import inventory
16 - Bundle several items sold as a group
17 - Edit company information

2. Set Up Customers, Vendors, and Employees

18 - Set up lists
19 - Create and edit customers
20 - Create and edit vendors
21 - Import customers and vendors
22 - Create projects
23 - Add and edit users

3. Day-to-Day Operations

24 - Create estimates
25 - Record purchase orders
26 - Record vendor bills
27 - Record customer invoices
28 - Invoice customers for progress
29 - Record billable expenses and mileage
30 - Enter time worked
31 - Process a batch of transactions
32 - Receive payments
33 - Create sales receipts for cash sales
34 - View reminders for overdue invoices
35 - Send statements to customers
36 - Job costing with projects

4. Work with Bank Accounts

37 - Work with account registers manually
38 - Record credit card charges
39 - Record bank deposits
40 - Pay vendor bills
41 - Print checks
42 - Set up accounts for online banking
43 - Set up bank rules
44 - Process downloaded online transactions
45 - Reconcile bank accounts

5. Handle Special Cases

46 - Issue refunds
47 - Handle customer credits
48 - Record vendor credits and refunds
49 - Void transactions
50 - Apply discounts
51 - Work with online price rules
52 - Make items inactive
53 - Assess late fees and finance charges
54 - Automate recurring transactions

6. Other Financial Tasks

55 - Pay sales tax
56 - Record depreciation
57 - Track and reorder inventory
58 - Record inventory adjustments

7. Review Financial Information

59 - Review financial info in the dashboard
60 - Use tags to categorize your finances
61 - Search for information
62 - Run reports
63 - Customize and memorize reports

Conclusion

64 - Next steps