Quickbooks Training Every Business Owner Must Have

Overview:

This course was created to help the individual with no previous, or very little knowledge in accounting use QuickBooks Online version. Track the performance of your business, foster growth and learn all of its features in a fun-filled and very interactive class.

We start the class by learning the essential financial terminology and evaluate together the setup of your chart of accounts. These will be explained to you using the most common sense employed by small businesses, and we’ll guide you step by step with effective scenarios.

Throughout the course, we’ll explain accounting terms in a very simple, straightforward manner, so you can fully understand the performance of your business, without relying solely on your financial advisor’s opinion.

This course will empower you to make better strategic decisions and analyze your business’ viability in your own terms. Knowledge is power and we’ll show you the way.

The next learning goal is to demonstrate how to classify the expenses, profits, accounts receivables, payables, inventory while applying the most effective scenarios for small businesses.

Upon completion, you will have a greater understanding on how to run financial reports, tips on how to interpret them, and the most recommended types of reports to monitor the health of your business.

Agenda:

• Introductions
• Establishing your company in QuickBooks, create, edit users and passwords.
• Accounting terminology in simple terms while evaluating together the list of accounts (Chart of Accounts).
• Preparation of the modules for Customers, Suppliers, Inventory and Vendors.
• Differences between an Invoice and a Sales Receipts.
• How to create the account statements for your clients.
• How to report the payment of the Bill or Purchase with a check, credit card or cash (Payments)
• How to generate 3 important financial reports: Income Statement, Cash Flow and the Balance Sheet.
• How bank reconciliation works in QuickBooks
• Tips on how to work on QuickBooks efficiently depending on your type of business.

Participants will receive a Certificate of Completion at the end of the class. For more information call 1-833-532-7612 or send us your information below.