QuickBooks Online Advanced Receivables And Payables Solution

Master QuickBooks Online Accounts Receivable & Payable: Advanced Bookkeeping Skills

Elevate your QuickBooks Online expertise with this top-rated course designed to provide comprehensive training in advanced accounts receivable (AR) and accounts payable (AP) management. Learn to ensure the accuracy of all customer and vendor records with meticulous detail. This course is ideal for aspiring and current clerks, bookkeepers, and accounting professionals seeking to confidently handle financial records for any company.

Gain proficiency in:

• Accounts Receivable (AR): Efficiently manage customer accounts, process customer refunds, and create customer credit memos. Learn to handle customer pre-payments, utilize the invoice deposit feature, and set up/record customer discounts and discount terms. Understand early pay discounts and effectively record customer bounced checks.
• Accounts Payable (AP): Master vendor credit memos and vendor discount terms. Learn to handle prepaid vendor expenses and reconcile vendor statements. Effectively manage company credit card charges and payments.
• Reconciliation Expertise: Develop clear, step-by-step methods for reconciling receivables with customers and vendor statements. Learn to fix misapplied payments and utilize file attachment features for organized record-keeping.
• Bill Payment & Expense Management: Efficiently record bill payments with processing fees, record checks and expense refunds, and track expenses by customer or job.
• Job Costing & Billing: Master job costing and billing customers for expenses with multiple billing options.
• Advanced Techniques: Learn to manage customer monthly statements and record and manage delayed charges and credits. Understand the use of account registers and printing checks in QuickBooks Online.

This course utilizes the free, accountant’s edition of QuickBooks Online and provides step-by-step instructions with options for setting up your own practice account for hands-on practice. The video lectures address real-life challenges encountered in AR/AP reconciliation, providing practical solutions you can implement immediately.

By the end of this course, you'll:

• Confidently manage all aspects of customer and vendor financial records.
• Demonstrate mastery of accounts receivable and accounts payable processes.
• Achieve a top-level skill set in QuickBooks Online.
• Be prepared to handle any situation related to receivables and payables.

Ready to become a QuickBooks Online expert? Enroll today and take your bookkeeping skills to the next level!