Bookkeeping Basics #3: QuickBooksTM Desktop Fundamentals

Gain proficiency in QuickBooks with this comprehensive course, featuring free access to QuickBooks software! Master the essentials of small business bookkeeping and confidently manage your company's finances or those of others.

This course walks you through every aspect of QuickBooks Desktop (QBD), from initial setup to advanced reporting. You'll learn to navigate the program effectively and utilize its powerful features for day-to-day financial management.

What you'll learn:

• QuickBooks Fundamentals: Understand what QuickBooks is and how it records and stores financial information. Learn to set up or restore data files.
• Navigation & Tools: Explore the various functions and tools within QuickBooks and how to use them to accomplish key tasks.
• Managing Payments:
  • Create and record checks in QuickBooks, including printing and troubleshooting errors.
  • Record various sales transactions, from cash sales with sales receipts to creating and managing customer invoices.
  • Process vendor payments using checks, debit cards, and credit cards.
• Expense Management: Learn how to utilize the Vendor List, enter and pay bills, and track expenses effectively.
• Bank Reconciliation: Master the process of reconciling bank accounts, credit cards, and other financial accounts. Understand each step and how to resolve discrepancies.
• Reporting: Generate and interpret various QuickBooks reports, focusing on both content and formatting options.
• QuickBooks Online vs. Desktop: Understand the differences between QuickBooks Online and QuickBooks Desktop (QBD) and determine which version is best for your needs.
• Additional Topics:
  • Setting up multiple users and passwords.
  • Understanding QuickBooks backups.
  • Utilizing Journal Entries.
  • Getting started with QuickBooks for your business.

Course Learning Objectives:

• Understand how QuickBooks records financial transactions.
• Navigate the QuickBooks Desktop (QBD) program effectively.
• Record and print checks and other payment forms.
• Record various sales activities.
• Record customer payments and other funds received.
• Process bills and vendor payments.
• Reconcile different account types in QuickBooks.
• Customize QuickBooks reports for optimal insights.
• Compare QuickBooks Desktop (QBD) and QuickBooks Online.
• Create a new company file in QuickBooks.

CPE (Continuing Professional Education): This course qualifies for CPE credits.