Professional Bookkeeping with QuickBooks

Hours: 280 / Access Length: 12 Months / Delivery: Open, Mentor Supported
Retail Price: $2,725.00

Course Overview:

This Professional Bookkeeping course will show you the essentials of record keeping for a small business and will show why it's necessary to track information. The course will give you a greater understanding of the purpose and process of record keeping. Professional Bookkeeping teaches you how to sort through the masses of information and paperwork, how to record what is important for a business, and how to use that information to grow a business for success. This course helps prepare you to take the NACPB Bookkeeping Certification exam. Professional Bookkeeping also assists you in setting up and running a thriving home-based bookkeeping business. This course includes 50 lessons on DVD.

After completing this course, you should be able to:

• Define the basics of beginning, intermediate, and advanced bookkeeping
• Identify the steps involved in starting a bookkeeping business
• Define methods for recruiting and maintaining clients
• Distinguish between bookkeeping and accounting
• Identify methods for tax planning and minimizing taxes

To succeed in small business, you need great ideas, an entrepreneurial spirit, and competitive products or services. And one other thing: a good accounting system like QuickBooks. This QuickBooks course shows you how to use this popular business finance program to gain a clear view of your finances and keep your business in the black. Students will learn how to use QuickBooks 2013’s simpler interface to help manage a business, track company finances, and generate required reports.

After completing this course, you should be able to:

• Identify the basics for getting started with QuickBooks
• Define the steps for completing daily entry tasks
• Identify the steps to print checks, process taxes, and process payroll
• Identify the steps for creating and printing reports, file management, and backing up information
• Comprehend the role of the business owner related to QuickBooks

NOTE: This course does NOT include the QuickBooks program itself. Students will need to have QuickBooks 2013 already installed on their computers.

The Professional Bookkeeping Entrepreneur program includes 2 courses:

• Professional Bookkeeping
• QuickBooks Pro

Course Outline:

Professional Bookkeeping Module 1
Bookkeeping Basics

• Getting Started
• The Origins of Bookkeeping
• Generally Accepted Accounting Principles (GAAP)
• Accrual Accounting
• Debits and Credits
• Accountants versus Bookkeepers
• Accounting Jargon
• Setting Up the Record Keeping System
• The Balance Sheet
• Assets and Liabilities
• The Income Statement
• The Cash Flow Statement

Professional Bookkeeping Module 2
Intermediate Bookkeeping

• Recording the Sales Cycle
• Recording the Purchases Cycle
• Inventory Tracking Systems
• Capital Assets
• Understanding Depreciation
• Leases and Loans
• Transactions between the Company & Its Owners
• Remittances to the Government
• Maintaining a Petty Cash System
• Reconciling the Bank
• Backward Posting
• Organizing Messy Books

Professional Bookkeeping Module 3
Advanced Bookkeeping

• The Role of the External Accountant
• Creating Financial Statements
• Corporate Income Tax Returns
• Budgeting for a Business
• Setting up a 12-Month Budget
• Monitoring Cash Flow
• Understanding Bartering
• Foreign Currency Transactions
• Reconciling the Foreign Currency Bank Account
• Tax Planning
• Minimizing Taxes versus Avoiding Taxes
• Owner / Manager Remuneration

Professional Bookkeeping Module 4
Starting a Bookkeeping Business

• Starting a Bookkeeping Business
• Being Self-Employed
• Balancing Work and Family
• Financial Considerations
• Start Up Considerations
• Writing a Business Plan
• Management and Organization
• Doing your Accounting
• Establish a Business Identity
• Business Checking Account
• Business Credit Cards
• Setting Up Your Home Office

Professional Bookkeeping Module 5
Marketing & Clients

• Bookkeeping or Accounting
• Bookkeeping Certification
• Getting Experience
• Marketing Your Business
• Your Ideal Client
• Targeting a Niche
• Cultivating Referrals
• Online Marketing and Social Media
• Understanding Websites
• Writing Blogs or Articles
• Financial Considerations
• Client Management, Legal, and Ethical Issues

QuickBooks Pro Module 1   
Getting Started

• Opening QuickBooks
• Creating a Company File
• Modifying Company Info
• Opening an Existing Company File
• Converting from Another Program to QuickBooks
• Getting Around in QuickBooks
• Company Snapshot
• Financial Calendar
• Menus and Icon Bars
• Setting Up a Chart of Accounts
• Creating Accounts and Subaccounts
• Modifying Accounts

QuickBooks Pro Module 2       
Items, Lists, and Files

• Setting Up Items
• Tracking Inventory with Items
• Planning Items
• Creating Items
• Setting Up Lists
• Categorizing with Classes
• Fixed Asset Items
• Creating and Editing List Entries
• Sorting Lists
• Managing Files
• Backing Up Files
• Condensing Data

QuickBooks Pro Module 3    
Bookkeeping

• Tracking Time and Mileage
• Running Time Reports
• Paying for Expenses
• Entering Bills
• Purchasing Inventory
• Paying Your Bills
• Producing Checks
• Paying with Cash
• Invoicing
• Choosing the Right Form
• Creating Batch Invoices
• Estimating Jobs

QuickBooks Pro Module 4    
Accounts Receivable and Payroll

• Producing Statements
• Transaction Timesavers
• Printing Sales Forms
• Finding Transactions
• Receivables Aging
• Receiving Payments for Invoiced Income
• Applying Credits to Invoices
• Deposits, Down Payments, Retainers
• Applying Finance Charges
• Cash Sales
• Doing Payroll
• Paying Yourself

QuickBooks Pro Module 5  
Journal Entries and Financial Statements

• Bank Accounts and Petty Cash
• Handling Bounced Checks
• Transferring Funds
• Managing Loans
• Making Journal Entries
• Generating Financial Statements
• Profit and Loss Report
• Balance Sheet
• Statement of Cash Flows
• Performing End-of-Year Tasks
• Generating Tax Reports
• Managing Inventory

QuickBooks Pro Module 6   
Managing Your Business

• Budgeting and Planning
• Types of Budgets
• Creating Budgets in QuickBooks
• Working with Reports
• Running Reports
• Customizing Reports
• Online Banking Services
• Setting Up Accounts for Online Services
• Configuring Preferences to Fit Your Company
• Preferences: The Basics
• Integrated Applications
• Time and Expenses

QuickBooks Pro Module 7   
More QuickBooks Features

• Integrating QuickBooks with Other Programs
• Mail Merge to Word
• Synchronizing Contacts
• Exporting QuickBooks Data
• Importing Data
• Customizing QuickBooks
• Customizing the Desktop
• Fast Access to Favorite Features
• Customizing Forms
• Keeping QuickBooks Data Secure
• Setting Up the Administrator
• Creating QuickBooks Users

Certification:

Upon successful completion of our Professional Bookkeeping course, students will be prepared for an entry-level position as a bookkeeper in an office setting and will be prepared to sit for the NACPB national certification exam. NACPB's Bookkeeper Certification assures employers you have bookkeeping knowledge and skill. You obtain the Certification by passing the Uniform Bookkeeper Certification Examination.

System Requirements:

• Cable and DSL internet connections are recommended for the best experience.

• CPU: 1 GHz or higher
• RAM: 2 GB or higher
• Resolution: 1280 x 720 or higher
• Speakers / Headphones
• Microphone (Webinar / Live Online sessions)

• Microsoft Windows 7 or 10 (Home, Pro)
• Mac OSX 10 or higher.
• Latest Chrome OS
• Latest Linux Distributions

NOTE: While we understand that our courses can be viewed on Android and iPhone devices, we do not recommend the use of these devices for our courses. The size of these devices do not provide a good learning environment for students taking online or live online based courses.

• Latest Google Chrome is recommended for the best experience.
• Latest Mozilla FireFox
• Latest Microsoft Edge
• Latest Apple Safari

• Office suite software (Microsoft Office, OpenOffice, or LibreOffice)
• PDF reader program (Adobe Reader, FoxIt)
• Courses may require other software that is denoted in the above course outline.