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Course Description

Gain a clear understanding of accounting principles as it applies to the use of the Quickbooks Online accounting system. The course is interactive and begins with a basic background of accounting followed by the initial setup of a sample Quickbooks company account. You will learn how to process company transactions (deposits, invoicing, payments, etc.) followed by a reconciliation of your account with a bank statement. By the end, participants will generate financial reports to include Profit and Loss and Balance Sheet statements.

Course Outline

  • Background knowledge of accounting 
  • Demonstration of setup of Quickbooks company account
  • Difference between processing deposits, invoices, payments, etc.
  • Generation of financial reports to include Profit and Loss and Balance Sheet statements 
  • Managing transactions posted by your bank

Learner Outcomes

  • Obtain a better understanding of accounting principles
  • Effectively set up a Quickbooks account
  • Accurately execute transactions
  • Utilize Quickbooks to its fullest potential

Notes

A Public Service and Outreach Unit of the University of Georgia. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All programs of the UGA SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.

Testimonials

Testimonials From Former Quickbooks Online Attendees:

"Nice to know I can ask my questions during the program and have them answered"

"In-depth information"

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