QuickBooks Level  2004/2005 Level 1

Prerequisites:

Students must have experience using Windows and they are comfortable using a computer.  It is assumed that the student has completed or is familiar with accounting fundamentals.

Course Content:

• Overview

• -    What is QuickBooks?

• Looking at the QuickBooks Screen

• -    Moving Around Dialog Boxes

• -    Using the QuickBooks Menus

• -    Using the QuickBooks Icon Bar

• The Chart of Accounts

• -    How the Chart of Accounts Works

• -    Account Type

• General Ledger Accounts

• -    Creating GL Accounts

• -    Modifying GL Accounts

• -    Deleting or Removing GL Accounts

• Company Information

• Printing the Chart of Accounts

• Using Dates in QuickBooks

• General Journal Transactions

• -    Creating Journal Transactions

• -    Creating Memorized Journal Transactions

• -    Recalling Memorized Journal Transactions

• -    Adjusting Previously Posted General Journal Entries

• -    Reversing General Journal Entries

• -    General Journal Report

• Backing Up QuickBooks Data Files

• Creating Inventory Accounts

• Creating Inventory Items

• Creating Service Items

• Changing Inventory & Service Item Data

• Inventory Reports

• Vendors

• -    Creating Vendors Records

• -    Modifying Vendors

• Making Purchases

• -    Entering Vendor Bills

• -    Writing Cheques

• Memorized Payment Transactions

• Creating Purchase Orders

• Filling a Purchase Order

• -    Receiving Items

• -    Receiving Vendor Bills

• Finding and Modifying Bills

• Paying Vendor Bills

• Printing Cheques

• Vendor Reports

• Customers

• -    Adding New Customers

• -    Modifying Customer Information

• Recording Sales

• -    Entering Sales Receipts

• -    Entering Sales Orders

• -    Entering Sales on Invoice

• Viewing, Adjusting and Deleting Sales Invoices

• Payments and Credits on Receivables

• -    Receiving Payments

• -    Refunds and Credits

• -    Adjusting and Deleting Payments

• Recording Deposits of Payments

• Customer Reports

• Payroll Overview and Set Up

• Employee Records

• -    Creating Employee Defaults

• -    Adding a New Employee

• -    Editing Individual Employee Data

• Maintaining Current Tax Tables

• Payroll Cheques and Paystubs

• -    Produce Payroll Cheques

• -    Printing Payroll Cheques

• -    Printing Paystubs

• Remitting Payroll Liabilities

• Creating Employee and Payroll Reports

• Creating & Printing Financial Reports

• -    Company & Financials

• -    Accountant & Taxes

• Using the Reminders List

• Verifying Data Integrity

• Year End Procedures