QuickBooks
QuickBooks:
This course is designed to introduce students to QuickBooks Pro, a widely used small business accounting package. The focus is on performing day-to-day accounting transactions, managing financial entries, and utilizing the sophisticated tools provided by QuickBooks Pro for effective business management.
Knowledge Core Competency: Upon completing this course, students will possess knowledge about QuickBooks Pro, enabling them to set up a company’s accounting activities, manage inventory, and conduct payroll analysis.
Objectives:
- Explain the process of company setup, including Chart of Accounts and QuickBooks list.
- State the steps to set up Accounts Receivable & Accounts Payable, Sales Tax.
- Describe the setup of Payroll and tracking time.
- Recite the procedures for dealing with Inventory Management, including setting up items, ordering, receiving, and adjusting.
- Discuss how to analyze financial data, create, customize, and save reports.
- Explain the customization of forms and writing QuickBooks business letters.
Skill Core Competency: Upon completing this course, students will be able to effectively use QuickBooks Pro in various accounting environments, utilizing its functions and features.
Objectives:
- Set up new accounts, work with lists, and manage bank accounts.
- Record sales, create invoices, receive payments, and make bank deposits.
- Set up employees in the payroll system and process payroll for the organization.
- Analyze financial data and generate meaningful reports.
- Set up and manage inventory while monitoring inventory activity.
- Communicate using software pre-loaded templates.
- Write letters and create new forms as required.
Course Highlights: The course covers essential aspects of QuickBooks Pro, from basic setup to advanced functions such as inventory management and payroll analysis. Practical exercises and real-world scenarios will be incorporated to enhance the application of skills in a business context. The goal is to empower students to efficiently navigate and utilize QuickBooks Pro in their future roles.