QuickBooks Accounting Bookkeeping Training ProgramProper bookkeeping helps small businesses to increase profits, reduce taxes and improve cash flow. An up-to-date system will allow you to easily post transactions as they occur so you have up-to-date financial information, including your income statement, balance sheet, accounts receivable, accounts payable and payroll information. Do you currently have a proper bookkeeping system for your business? CEED is pleased to offer a QuickBooks Accounting Training Program, where you will learn practical bookkeeping skills to effectively run your business. This training will encompass both classroom and hands-on experience with the QuickBooks Accounting software. Participants will also receive the 2010 Version of QuickBooks and a complimentary one year subscription. Location: CEED Training Centre Dates: Five Monday afternoons: May 31 - June 28 Time: 1 - 4:30 pm Facilitator: Nancy Sievert- QuickBooks Certified Trainer and ProAdvisor Cost: $575 +HST (VISA & Mastercard accepted)
QuickBooks Accounting Training Program OverviewSession 1- Introduction to QuickBooks (using forms, lists, registers)
- Getting around in QuickBooks (using the navigator screen, menu bar, icon bar)
- All the accounting you need to know (chart of accounts)
- About assets, liabilities and equity (financial statements)
- Show reporting capabilities on QuickBooks Accounting (sample case company)
- Exercise – set up of case company
Session 2- Review fundamentals of accounts receivable, sales, receipts and statements
- Choosing a format for sales forms(available templates)
- Generate customer statements as needed
- Recording and tracking sales taxes on invoices
- Receiving payments and making deposits
- Exercise – record sales, receipts and deposits of case company
Session 3- Review fundamentals of accounts payable, purchase orders, bills and payments
- Applying vendor discounts to bill payments
- Recording and tracking sales taxes on bills
- Direct billing of charges back to customer
- Attaching bill to specific job for job costing purposes
- Exercise – recording purchase orders, bills and payments of case company
Session 4- Review fundamentals of inventory accounting and how it affects sales and purchases
- Entering products of inventory (inventory parts, inventory assembly items and units of measure)
- Tracking units of measure and reporting on the various stages of inventory development
- Adjusting inventory quantity and pricing whenever needed
- Exercise – set up inventory parts of case company
Session 5- Review fundamentals of payroll accounting (payroll items)
- Setting up employee payroll information
- Paying employees based on salary or hourly rate
- Tracking employee time to specific jobs
- Tracking your payroll liabilities
- Exercise:
1) Recording payroll on case company
2) Making Government remittances (HST, WCB and employer remittances)
Other Topics to be Covered: - Review fundamentals of bank and visa statement reconciliations
- Show elements of bank reconciliation on QuickBooks Accounting
- Exercise – perform bank reconciliation on case company
- Review the various reports available on job costing
- Show how to analysis financial data by creating and customizing preset reports
- Closing the books at year end
- Review any area of concerns for students
- QuickBooks custom reports for your business
If you have training funds remaining on your ACOA Seed Capital Program Loan, you can use them to register for this course. To register, first find an available session on our events calendar. Contact Us:
Shawn Cunningham
scunningham@ceed.ca
902-421-2333 ext 103Register Now |
