QuickBooks Online

Learn the Online (Web-Based) Version of QuickBooks®

QuickBooks Online

Learn the Online (Web-Based) Version of QuickBooks®

Unlock the financial symphony waiting within your grasp with our Mastering QuickBooks Online course. Imagine a world where accounting is not a burden but a breeze, a world where your numbers talk to you, guiding you effortlessly through their complexities. You're not merely learning a software; you're transforming the backbone of your business operations. Harness the revolutionary power of Intuit's premier accounting ecosystem--designed to liberate you from the tediousness of paperwork and manual entries. From seamlessly managing invoices to effortlessly tracking payroll, every lesson propels you towards unparalleled mastery and confidence. Whether you're a fledgling entrepreneur or a seasoned financial scion, embark on this journey with us and emerge empowered, enlightened, and invincible. Your gateway to accounting mastery awaits--answer the call!

Self Paced • Online Class • Accredited CEUs

$120

4.3 ★ ★ ★ ★ ★

"Extraordinarily Helpful"

2,273 Students have taken this course

Add to Cart

OVERVIEW

CURRICULUM

Lesson 1. QuickBooks: Essentials of Online Accounting

Spanning from Simple Start to Advanced, QuickBooks Online's tiered subscriptions cater to varying business needs, offering features like bill management, inventory tracking, and detailed reports. The platform's core strength lies in its adaptability, serving freelancers and established companies alike.

Lesson 2. Step-by-Step QuickBooks Online Setup

Choosing QuickBooks Online facilitates an effortless transition into structured bookkeeping, even accommodating prior desktop version users with streamlined data imports. This lesson outlines the steps to set up or modify a company account, demonstrating the program's robust capabilities and adaptability to various business needs.

Lesson 3. Effortless QuickBooks Navigation: From Dashboard to Details

QuickBooks Online offers a dynamic navigational system that includes features like a customizable Dashboard, toggleable Navigation Pane, and a static Header for consistent top-level access. The responsive interface adjusts its layout to fit the device, facilitating smooth transitions between desktop and mobile users while maintaining functionality.

Lesson 4. Navigating Your Financial Backbone: The Chart of Accounts Explained

QuickBooks Online's Chart of Accounts acts as a centralized hub for tracking all company income, expenses, assets, and liabilities, ensuring financial accuracy for reports. Accessible through various navigation paths, it automatically generates based on company details and offers features for managing, reconciling, and editing account data.

Lesson 5. From Items to Income: Utilizing QuickBooks' Products and Services

Understanding and managing your inventory is crucial for business efficiency and financial planning, especially when using QuickBooks where items are referred to as Products and Services. This lesson guides you through accessing, organizing, adding, and importing these items, helping you maintain a streamlined inventory system.

Lesson 6. Efficient Handling of QuickBooks Transaction Lists

QuickBooks Online's diverse list options facilitate powerful management of financial data, encompassing features like scheduling recurring transactions and creating payment methods. By leveraging customizable form styles and organized attachments, businesses can enhance their branding and operational effectiveness seamlessly.

Lesson 7. Managing Vendor Payments and Expenses

This QuickBooks lesson emphasizes managing bills and expenses by recording transactions accurately to maintain precise vendor balances. Users learn to enter bills, categorize expenses, and choose payment methods, ensuring seamless bill payment and expense tracking.

Lesson 8. Deposit Mastery: A Step-by-Step Guide

By using QuickBooks Online's Undeposited Funds account, businesses can efficiently manage multiple customer payments before moving them to a bank deposit, helping to streamline financial reconciliation. The course also details creating credit memos, processing refunds, and managing delayed credits for future payments.

Lesson 9. Mastering Invoicing with QuickBooks: A Comprehensive Guide

Managing business finances requires efficient invoicing, and QuickBooks Online offers a user-friendly interface where businesses can generate, track, and manage invoices, ensuring a steady cash flow. The platform also supports customization of invoices, integration with payment methods, and options for recurring billing.

Lesson 10. A Step-by-Step Guide to Recording Sales and Payments Using QuickBooks Online

Explore QuickBooks Online's intuitive payment management system, where navigating open invoices and processing payments are handled with ease, leading to accurate reconciliation. Gain insights into why the Undeposited Funds account plays a crucial role and effectively manage credits from customer overpayments.

Lesson 11. Mastering Time and Mileage Management for Business Success

QuickBooks Online provides streamlined time and mileage tracking to enhance employee productivity and tax deduction accuracy. By utilizing both its native features and the integrated TSheets app, businesses can ensure thorough record-keeping and easy billable time management.

Lesson 12. Mastering Monthly Customer Statements

Statements serve as reminders for customers about their outstanding balances, typically sent monthly. They help businesses secure timely payments, especially crucial for managing overdue accounts.

Lesson 13. Mastering the Art of Timely Invoice Collection

The lesson focuses on effective money collection from customers by utilizing QuickBooks Online's advanced invoicing and payment tracking tools. Options like email invoicing, real-time mobile invoicing, late fee implementation, and add-on apps for collections empower businesses to streamline their accounts receivable process.

Lesson 14. Banking and Credit Card Management Essentials

Enhance your financial management skills with QuickBooks Online by learning how to create and organize bank and credit card accounts, enter starting balances, and perform reconciliations for transaction accuracy. The lesson also highlights how to inactivate and restore accounts when needed.

Lesson 15. The Art of Managing Loans in Business Ventures

QuickBooks Online provides robust tools for managing business liabilities, from recording loans to ensuring repayment accountability. In this lesson, you learn to establish liability accounts, track financial movements, and extend customer loans, enhancing business liquidity management.

Lesson 16. Streamlining Payroll Processes: A Comprehensive Guide

To manage payroll, QuickBooks provides different subscription levels with various features, from basic to advanced HR and tax support. This session reveals how businesses can seamlessly run payroll, configure preferences, and handle both employee and contractor payments.

Lesson 17. QuickBooks Journal Entries 101

QuickBooks Online offers journal entries as a sophisticated tool for users with accounting experience, enabling detailed financial corrections and asset depreciation tracking. The lesson emphasizes the roles of debits and credits in maintaining balanced financial records, providing practical examples and guidance.

Lesson 18. Mastering Year-End Accounting: Tasks and Strategies for a Seamless Transition

Effective year-end accounting requires confirming the fiscal start date and managing outstanding deposits and vendor accounts. Tasks such as reconciling, running reports, and ensuring accurate inventory are crucial for year-end financial accuracy and smooth book closures.

Lesson 19. Preserving Your QuickBooks Online Data: Best Practices for Backup and Security

Streamlining backup processes in QuickBooks Online Advanced, including scheduling and storing on external platforms, fortifies data recovery options in case of data loss or corruption. Constant vigilance in cybersecurity, coupled with regular checks of the audit log, can preemptively address potential risks from malicious actors or internal mishandling.

Lesson 20. Purchase Orders and Inventory: A Beginner's Guide

Through this lesson, users learn to create, process, and track purchase orders in QuickBooks Online, ensuring accurate alignment with shipments received. The lesson also covers manual adjustments for inventory counts and modifications to starting inventory values.

Lesson 21. Understanding and Setting Up Sales Tax in QuickBooks Online

Managing sales tax has been made simpler with QuickBooks Online through straightforward setup and dynamic reporting features. Grasping how local, state, and federal taxes interact is crucial, and QuickBooks assists in adjusting for unique transactions like inter-state sales and exempt entities.

Lesson 22. Establishing a Budget in QuickBooks

QuickBooks Online equips businesses with powerful budgeting tools, ensuring that anticipated financial outcomes align with actual performance. Through creating, editing, and running comprehensive budget reports, users gain valuable insights to refine financial strategies and achieve fiscal objectives efficiently.

Lesson 23. QuickBooks Online Reporting 101

QuickBooks Online offers versatile reporting tools that allow you to effortlessly monitor business performance and create professional management reports tailored for specific analyses. Learn to run, customize, and organize numerous reports to suit your business needs efficiently.

Lesson 24. Understanding the Art of Estimating and Cost Tracking

Starting with the basics of estimates and their transformations into invoices or purchase orders, this lesson demonstrates the core features of QuickBooks Online for managing business finances. It further emphasizes time tracking and job costing to ensure projects remain profitable, exploring the Projects feature for organized financial oversight.

Lesson 25. Unlocking the Power of Custom Forms in QuickBooks

QuickBooks Online offers tools for customizing the appearance of transaction forms to leave a lasting impression on customers. This lesson walks you through the process of altering design elements, adjusting content, and syncing custom template fields with QuickBooks data.

In This Course

14 Hours average completion time
1.4 CEUs
26 Lessons
34 Exams & Assignments
94 Discussions
26 Videos
62 Reference Files
62 Articles
Mobile Friendly
Last Updated June 2024

Description

Mastering QuickBooks Online: Your Gateway to Streamlined Accounting

Have you ever found yourself overwhelmed with the intricacies of accounting? Perhaps you've yearned for a tool that could magically simplify those complex ledgers and balance sheets? Dive into the world of QuickBooks Online, the ultimate digital genie for all your accounting needs, and let us be your guide through this transformative journey.

QuickBooks Online, heralded by Intuit, is not just an accounting tool; it's an ecosystem that breathes life into your business numbers. With its cloud-based prowess, gone are the days of manual entries and mounds of paperwork. Instead, embrace the era where tasks like invoicing, sales receipts, payroll, and high-level reporting are mere clicks away, all accessible right from the palm of your hand!

Our meticulously crafted 26-module curriculum ensures an immersive experience. We initiate your odyssey by introducing you to the expansive feature set and subscription tiers tailored to fit every business size and need. You'll then be acquainted with the intuitive user interface, ensuring a seamless transition for those migrating from other QuickBooks versions.

Let's delve deeper into the plethora of topics covered:

Foundational Knowledge: Unearth the magic behind the Chart of Accounts, Lists, and Items/Products/Services.
Financial Transactions: Master Expenses, Bills, Deposits, Credits, Invoices, and Payments like never before.
Efficiency Tools: Track Time, Mileage, and harness the power of customized Statements.
Money Management: Dive into the nuances of Money Collection, Bank Accounts, and Loans.
Holistic Payroll: Simplify employee compensations, bonuses, and more.
End-of-Year Mastery: Conquer year-end tasks with flair and precision.
Purchases & Taxation: Perfect the arts of Purchasing and Sales Tax management.
Planning Ahead: Unlock the secrets of Budgeting and futuristic financial planning.
In-depth Reporting: Generate insightful Reports, make informed decisions.
Business Proposals: Create compelling Estimates and manage Projects seamlessly.
Customization Galore: Personalize Forms and embrace the world of Online Banking.

By the culmination of this course, you won't just be a user of QuickBooks Online; you'll be its maestro. Whether you're an entrepreneur, a financial professional, or simply someone with a penchant for numbers, this course beckons you to embark on an unparalleled accounting adventure. Equip yourself with the armor of knowledge and tackle financial challenges head-on. It's time to turn those accounting blues into a symphony of success!

Skills You'll Develop

Create customized financial reports
Master budgeting and financial planning
Automate sales tax management
Boost data security and backup skills
Improve vendor payment accuracy
Gain proficiency in online accounting tools
Manage inventories effectively
Manage payroll and employee compensation seamlessly
Enhance project cost tracking and estimating
Streamline financial transactions efficiently
Optimize business cash flow

Skills You'll Develop

Create customized financial reports
Master budgeting and financial planning
Automate sales tax management
Boost data security and backup skills
Improve vendor payment accuracy
Gain proficiency in online accounting tools
Manage inventories effectively
Manage payroll and employee compensation seamlessly
Enhance project cost tracking and estimating
Streamline financial transactions efficiently
Optimize business cash flow

More About This Course

Enhance Decision-Making: Generate insightful, data-driven reports.
Payroll Simplified: Navigate payroll processes with confidence.
Streamline Your Workflow: Automate invoicing and financial tasks effortlessly.
Advanced Features: Utilize QuickBooks beyond basic functions.
Seamless Integration: Sync QuickBooks with existing financial systems.
Essential Financial Skills: Gain foundational knowledge for business success.
Secure Your Data: Adopt best backup and security practices.
Budget Mastery: Develop and refine strategic financial plans.
Master QuickBooks Online: Transform your accounting efficiency.
Custom Solutions: Personalize tools for unique business needs.

What You'll Achieve

Describe the differences between QuickBooks Online and QuickBooks Desktop in terms of accessibility, features, and usability.
Identify the suitable subscription level of QuickBooks Online for a given business scenario, based on the features and user needs provided in the lesson.
Define the steps required to set up a new company in QuickBooks Online using the free 30-day trial by completing each step in the process.
Demonstrate the ability to navigate the QuickBooks Online interface by successfully editing company setup information within the dashboard settings.#
Demonstrate the ability to effectively navigate through QuickBooks Online's user interface, including the Header, Navigation Pane, and Dashboard.
Identify the differences between Business View and Accountant View in the QuickBooks Online interface and their impacts on navigation.
Define and categorize different types of accounts within the QuickBooks Online Chart of Accounts, including income, expense, and balance sheet accounts.
Demonstrate proficiency in navigating and managing accounts in QuickBooks Online, including adding, editing, and deactivating accounts in the Chart of Accounts.
Recognize and navigate to the Products and Services screen in QuickBooks Online using the Navigation Pane or Settings icon.
Demonstrate the process of adding a new inventory item with correct settings for tracking inventory and organizing product details in QuickBooks Online.
Identify and access various list types in QuickBooks Online, such as Recurring Transactions and Product Categories, by navigating the software interface.
Create and edit recurring transactions in QuickBooks Online, specifying details like transaction type, interval, and associated vendor, to maintain regular billing activities.
Define and enter a new bill in QuickBooks Online by selecting the vendor, entering necessary details, and saving it for accurate account management.