QuickBooks Pro 2021 Essential Training

Course details

Do you wonder how to create and back up your company's QuickBooks file and quickly set up shop? Or how to add your banking information, credit cards, and historical data to the chart of accounts? How about how to set up your customers, vendors, employees, and inventory items? In this course, instructor Jess Stratton answers all these questions and more. Jess goes over the day-to-day operations that keep your business running: creating estimates, invoices, and sales receipts; processing payments; recording deposits; and printing checks. She covers how to run reports; find data about your business; and close the books, with end-of-year preparations. Jess concludes with a discussion on how to customize QuickBooks to meet your company’s specific needs as efficiently as possible.

Topics include:
Determine under what scenario you would need to change your company in QuickBooks.
Explain how to import data from other applications into QuickBooks.
Describe the purpose of the Jobs feature in QuickBooks.
Identify the steps in creating a new payroll item in QuickBooks.
Relate the security requirements used for protecting credit cards in QuickBooks.
Differentiate the cash method reporting basis from the accrual method.
Recognize how to accurately specify a time period for generating reports.

Concepts

Introduction

Run your business every day with QuickBooks
The double-entry system of accounting
How to use the sample and exercise files

What s New in QuickBooks Pro 2021

Send out automatic payment reminders
Use the mobile app to scan and send receipts
Match receipts to transactions in QuickBooks

Navigate QuickBooks

A tour of the interface
Navigate inside each center

Work with Company Files

Open and close an existing company file
Set up a new company file
Back up and restore a company file

Set Up Shop

Work with the chart of accounts
Add bank accounts and credit cards
Use account numbers
Add service or inventory items
Set up sales tax
Add vehicles
Use the Fixed Asset Manager
Edit company information

Add Customers

Set up the customer profile
Create and edit customers
Import customers from another program
Work with leads

Work with Vendors

Set up the vendor profile
Create and edit vendors

Add Employees

Create and edit employees
Create and edit sales reps

Manage Day-to-Day Operations

Create estimates
Create purchase orders for vendors
Enter vendor bills
Invoice customers
Progress invoice customers
Enter time and mileage against jobs
Receive payments and print receipts
Create sales receipts for cash sales
View reminders for overdue invoices
Send statements to customers
Enter credit card charges
Record deposits
Pay vendor bills
Print checks
Work with jobs

Handle Special Cases

Take care of refunds
Handle customer credits
Void invoices and other line items
Fix mismatched data
Work with check registers manually
Discounts
Group customers to batch invoices
Delete and mark items inactive
Enter statement charges
Assess finance charges
Memorize transactions
Reconcile bank accounts

Administer Payroll

Turn on payroll
Set up payroll items
Set up employees for payroll
Pay employees

Manage Online Banking

Set up accounts for online banking
Reconcile online transactions

Share QuickBooks with Others

Enable multi-user mode
Add and edit user accounts
Keep QuickBooks up to date
Enable credit card protection

Find Information Quickly

Use the Snapshot Insights and Bill Tracker tools
Search for data
Filter lists
Track transactions and customers by class

Run Reports

Introduction to reports
Navigate and customize report data
Filter a report
Memorize export and print a report

Manage Year-End Preparations

Set up 1099 forms
Close the books

Customize QuickBooks

Customize invoices and forms
Set QuickBooks preferences

Conclusion

Do more accounting