QUICKBOOKS ESSENTIALS

QUICKBOOKS ESSENTIALS

Course Overview

This 20-hour QuickBooks Essentials course is designed to provide participants with a solid foundation in using QuickBooks for managing their finances. Through hands-on exercises and real-world examples, students will learn how to set up QuickBooks, record transactions, manage accounts receivable and payable, generate reports, and utilize essential QuickBooks features.

Course Objectives

Upon completion of this course, participants will be able to:

  • Set up a new QuickBooks company file
  • Record various types of transactions (sales, purchases, expenses, etc.)
  • Manage customer and vendor information
  • Reconcile bank and credit card accounts
  • Create and customize invoices and estimates
  • Track inventory (if applicable)
  • Generate essential financial reports
  • Understand basic QuickBooks navigation and terminology

Course Syllabus

Module 1: QuickBooks Introduction and Setup (3 hours)

  • Understanding QuickBooks and its benefits
  • Choosing the right QuickBooks version
  • Setting up a new company file
  • Company information and preferences
  • Chart of accounts setup
  • Creating customers and vendors

Module 2: Chart of Accounts and Banking (3 hours)

  • Understanding the chart of accounts
  • Creating and categorizing accounts
  • Setting up bank and credit card accounts
  • Linking bank accounts
  • Importing bank transactions
  • Reconciling bank and credit card accounts

Module 3: Sales and Invoicing (4 hours)

  • Creating and customizing invoices
  • Sales receipts and credit memos
  • Managing customers and sales tax
  • Using estimates and sales orders
  • Applying payments and recording deposits

Module 4: Expenses and Purchases (4 hours)

  • Recording bills and expenses
  • Paying bills and managing accounts payable
  • Tracking credit card expenses
  • Managing vendors and purchase orders

Module 5: Inventory Management (2 hours)

  • Setting up inventory items
  • Tracking inventory levels
  • Recording inventory purchases and sales
  • Using inventory reports (if applicable)

Module 6: Financial Reports and Analysis (2 hours)

  • Understanding QuickBooks reports
  • Generating profit and loss statements
  • Creating balance sheets
  • Analyzing key financial indicators
  • Customizing reports

Module 7: Additional Features and Best Practices (2 hours)

  • Time tracking and job costing (if applicable)
  • Using QuickBooks online (if applicable)
  • QuickBooks mobile app
  • Data backup and security
  • Troubleshooting common issues

Teaching Methodology

  • Lectures and demonstrations
  • Hands-on exercises
  • Case studies and real-world examples
  • Q&A sessions

Assessment

  • Assignments and quizzes
  • Final project (creating a sample company file and generating reports)

Total Fees: 20,000/=
Total Duration: 20 Hours (2 hours  x  10 Classes)
Training Mode: Individual Training, your own timetable

Live Online Classes  or Face to Face Direct Classes with our expert trainers.
Call +94 (0) 722000999 / +94 (0) 755123111 www.iss.lk. Medium : සිංහල / தமிழ் / English