Accounting with Intuit QuickBooks 2008
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Accounting with Intuit QuickBooks 2008

Accounting with Intuit QuickBooks 2008

Accounting with Intuit QuickBooks 2008


All kind of businesses require accounting to manage their finance and managing them requires knowledge of cash flow, balance sheet and budgets. As a supervisor having a good accounting skill is very important.

QuickBooks is an accounting program which will remain top notch for novice to expert users. It comes integrated and suitable for variety of industries. It comes with three parts: foundation, intermediate & experts. Here, you will learn all of them, from the beginning to the ending of Intuit QuickBooks.

So, basically this Accounting with Intuit QuickBooks 2008 is designed to give you a complete knowledge on accounting with Intuit QuickBooks. So if are interested to improve your knowledge or want to learn from starting, you should join this course now.

Learning Outcomes:

✔ Describe the art of finance and key financial terms
✔ Determine your role in company finances
✔ Find the rules and regulations for your area and industry
✔ Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
✔ Explain how a chart of accounts is created
✔ Tell the difference between cash and accrual accounting
✔ Explain single-entry and double-entry bookkeeping
✔ Differentiate between debits and credits
✔ Identify and analyze important financial data and make financial decisions
✔ Read annual reports
✔ Determine whether a company is a financially high or low risk
✔ Recognize different types of organizational financial plans
✔ Explain what budgets are and how to prepare them
✔ Recognize what computer skills you need to make you a financial whiz
✔ Deal with financial situations that impact the people that work for you
✔ Performing basic transactions through setting up sales tax, opening check register, writing checks and much more
✔ Enter, view, search and pay bills; along with editing, deleting and voiding a bill
✔ Utilizing the loan manager by going through the preparation to add loans, viewing payment schedule and other relevant options
✔ Adding new inventory, checking inventory status, adjusting the quantity on hand and using build assemblies
✔ Customizing, creating, memorizing purchase orders and navigating through existing ones
✔ Finishing purchase orders by checking the spelling, using print preview, printing purchase order and using email options
✔ What to do when receiving inventory with or without bills, entering bills against inventory, backorders and closing purchase orders, and creating inventory worksheet
✔ Returning items to vendors, applying vendor credits, reimbursing expenses, and using vehicle mileage
✔ Creating new bank account in order to transfer funds, making non-customer deposits, and managing undeposited funds account
✔ Creating and funding petty cash, and tracking the expenses
✔ Understanding credit cards and QuickBooks, setting up credit card as liability account or as a vendor, entering charges, paying credit card, and reconciling them
✔ Utilizing online banking features by setting up online account in QuickBooks, and using it as a credit card merchant
✔ Using the report menu, opening report center and understanding it, choosing a category and opening pre-defined reports
✔ Choosing dates and columns, changing sort order, modifying the header and body for pre-defined reports
✔ Emailing, printing, exporting and memorizing the report
✔ Review some common reports such as trial balance, balance sheet, profit & loss and others
✔ Get report details through QuickZoom feature, accessing memorized reports, setting preferences, and using the learning center
✔ Get report details through QuickZoom feature, accessing memorized reports, setting preferences, and using the learning center
✔ Discover more about reports, employee QuickReport, payroll summary by employee, payroll liability report and how to export data to excel
✔ Track time with weekly timesheets, invoicing unbilled time and much more
✔ How to back up, restore and create company files, verify, rebuild and clean up data
✔ Opening the user list to create, edit, delete users, change their passwords and work in a multi-user environment
✔ Ways to import and export files, synchronize outlook contacts, and converting from another program
✔ Learn about, create, import, cancel and convert Accountant’s copy
✔ Understanding Asset accounts, creating an asset account, purchasing and viewing fixed asset, and entering depreciation
✔ Understanding liability and equity accounts through current term and long term, adding liability accounts, recording investments and payments by and to owners respectively, and repaying liabilities
✔ Setting sales tax preferences, viewing tax code list, setting tax codes for items and customers, using sales tax reports, adjusting tax due, and remitting sales tax
✔ Preparing for year-end and tax time, processing payroll forms, paying estimated income taxes, and closing the books
✔ Opening and closing the Business Planner, understanding the user interface, using the welcome screen and getting help
✔ Entering company information, income and expense details, and completing the interview
✔ Understanding the interface, choosing a section, viewing examples, using topic guide and writing out your plan
✔ Generate reports and graphs, check spellings, and set the plan format
✔ Finish planning using the print preview, printing business plan and topic guide, and backing up and restoring plans

Accounting with Intuit QuickBooks 2008

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