PC Magazine has named QuickBooks accounting software as the Editors’ Choice for Best Accounting Software. Because of its growing popularity, this Quickbooks Online Training is being adopted by businesses in droves, leading to a rising demand for competent users and creating career-making openings with lucrative pay scales. Whether you want to be an accountant, bookkeeper or CPA – there’s no shortage of opportunities! Besides that, entrepreneurs have plenty room to take advantage from this trend too
What you’ll
learn
Determine client needs and recommend the appropriate subscription level
Describe how to ensure the books are balanced
State how to close the books in preparation for year or period end
Recall how to run basic reports
Apply the working knowledge gained of using the accountant tools
Describe the benefits of QuickBooks Online mobile app
Explain best practice workflows to clients
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Module 1 Notes
Course Introduction
Knowing Which Account is Right for You
Getting Started
User Setup
Access Rights
User Setup Completion
Adding Employees to Payroll
Inviting Your Accountant
Dashboard and 3 Ways to Navigate QBO
Commonly Used Forms
Module 1 Summary
Module 2 Notes
Defining Lists
Importing Lists
Employees vs 1099
Adding and Removing Entries
Updating Entries
Editing and Managing List Elements Demo
Merging Items (entries)
Form Requirements
Module 2 Summary
Module 3 Notes
Product and Service Setup
Customer Setup Demo
Invoicing Workflows
Recording Sales
Customer Statements
Tracking Audit History Demo
Sales Reciept Workflow
Undeposited Funds Account
Accounts Receivable Impact
Impact of Connecting Your Bank Account to QBO
Billable Expense Invoicing
Recording a Customer Credit
Delayed Charges
Estimates
Module 3 Summary
Module 4 Notes
Product and Service Setup on Purchase Forms
Vendor Setup
Purchase Order Transactions
Entering and Paying Bills
Recording Checks
Recording Credit and Debit Card Transactions
Recording EFTs, Online Payments, and Wire Transfers
Recording Vendor Credits
Voiding vs Deleting Checks
Vendor Page and Report Insights
Module 4 Summary
Module 5 Notes
Basic financial statements (Balance sheet, income statement, and statement of cash flows)
Financial Statements Expanded
Cash and Accrual Accounting Differences
Difference Between Cash and Accrual Reporting
Setting a Closing Date
Balancing Your Books aka Reconciling Demo
Journal Entries
Audit Log Insights
Project Profitability Demo
Module 5 Summary
Module 6 Notes
Customized Reports
Commonly Used Reports Demo
Setup Automatic Report Emails
Collapse and Expand Report Function
Exporting and Importing Reports
Module 6 Summary
Module 8 Notes
Common Mistakes QBO Users Make
Final Note on Bookkeeping Best Practices
Why QBO is Awesome
Course Outro
Defining Terms and Sample Quiz Questions
The field of cybersecurity is experiencing rapid growth, driven by the escalating number and complexity of cyber threats. Both public and private sectors are investing heavily in cybersecurity measures to protect sensitive information and secure critical infrastructure. This increased investment has created a substantial demand for cybersecurity professionals, and the job market is teeming with opportunities. By becoming a cybersecurity engineer, you position yourself at the forefront of a booming industry with a multitude of career prospects.
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Cybersecurity is a global concern affecting organizations of all sizes and industries worldwide. The need for cybersecurity professionals extends beyond borders, making it a globally relevant field. By becoming a cybersecurity engineer, you equip yourself with skills that are in demand not only locally but also internationally. Job security in the field of cybersecurity is robust, as the increasing threat landscape ensures a constant need for skilled professionals to protect against attacks and mitigate risks.
The field of UX/UI design is dynamic and ever-evolving. To stay competitive, designers need to keep learning and adapting to new technologies and design trends. This continuous learning keeps the work interesting and provides opportunities for personal and professional growth.
As software testers gain experience and develop their skills, they can take on more challenging roles and responsibilities. This can lead to promotions and career advancement opportunities. Most Manual testers progress to QA automation, Software development, DevOps, or Cloud Engineering.
QuickBooks is an accounting software package developed and marketed by Intuit. The software is geared towards small to medium-sized businesses, offering both on-premises accounting applications and cloud-based versions. The QuickBooks Online course on ITU Online is intended for those who wish to provide a professional level of support to business clients using QuickBooks Online. This could include individuals aiming to be accountants, bookkeepers, or CPAs, as well as entrepreneurs.
This course will provide you with a comprehensive understanding of the end-to-end accounting lifecycle using QuickBooks Online. You’ll learn how to set up and maintain client accounts, manage lists and reports, reconcile accounts, make adjusting entries, close the books for year or period end, and run basic reports. The course also covers using the QuickBooks Online mobile app and explains best practice workflows to clients.
The course is divided into eight modules: Setup and Maintenance, List Management, Sales (Money-In), Purchases (Money-Out), Accounting, Reports, Customizations and Time Savers, and Extra. Each module covers a different aspect of QuickBooks Online, including setting up users and navigating QuickBooks Online, managing lists, handling sales and purchases, understanding basic financial statements, creating custom reports, optimizing your workflow, and avoiding common mistakes.
The course is taught by Mary Rutan, an experienced instructor with ITU Online.
QuickBooks is widely used by businesses, leading to a demand for competent users and creating job opportunities with attractive salaries. Proficient users can find career opportunities in accounting, bookkeeping, and as CPAs. In small businesses, bookkeepers are responsible for daily financial transactions, while larger companies may have separate roles for different accounting functions. Entrepreneurs can also benefit from a solid understanding of QuickBooks Online.
