Quickbooks -Setup & Understanding

1 Full Day

Check our website for training dates

QuickBooks Windows Interface

• The QuickBooks Screen
• Moving around QuickBooks Accounting
• Desktop Screen Viewing Options
• Using QuickBooks Help
• Moving in Windows – Tab key vs. Enter Key

Creating a New Company’s Books

• Use an Empty File Structure or Select Template Files
• Information Needed to Get Started
• The QuickBooks Easy Step Interview

QuickBooks Lists

• What are Lists used for?
• What are the Different Lists in QuickBooks?

The Chart of Accounts List

• A Good Structure is the key
• Printing the Chart of Accounts
• Understanding Subaccounts
• Understanding Account Types
• What about using Account Numbers?
• Setting Up the GL Chart of Accounts

Customers & Vendors Lists

• Adding a Customer
• Adding a Vendor

Items List

• Understanding the Purpose of the Item List
• What are the Different Item Types
• Creating and Modifying the Items List

Tax Codes List

Classes & Job Types

• Classes
• Job Types

Opening Balances - Overview

• Understanding Opening Balances
• Different Techniques for Entering Opening Balances
• Some Opening Balance Use Different Offsetting Accounts
• Corporation or Sole Proprietor

Opening Balances – Setup

• Entering General Ledger Account Balances
• Preparing Bank Accounts for Outstanding Cheques
• Entering Opening Balances for Taxes Payable
• Entering Accounts Receivable Opening Balances
• Entering Accounts Payable Opening Balances
• How to Ensure the Opening Balances are Correct

Backup Procedures

• Performing the Backup
• Restoring from a Backup

We offer this class in a group setting for $195.00 or we can provide one to one training for $245.00

Certificate of accomplishment

Teach the producer how to set up a chart of accounts, business setup, tax rates and supplier lists for their business