Full overview
Students are eligible for a free 365 day copy of Intuit QuickBooks Online Plus from the Intuit Education Program in order to follow along with the course content.
This course prepares students to take the Intuit QuickBooks Certified User Online certification exam.
This lesson focuses on an introduction to the role of accounting in business. Basic accounting, an overview of financial accounting, and elements of an accounting system are covered. We will also learn the differences between cash and accrual accounting.
In this lesson, we will explore the application of financial accounting in retail businesses. We will also learn about internal cash controls. Purchase and sales transactions, bank reconciliations, and important laws that govern financial accounting will be covered.
The focus of this lesson is on receivables and inventory. Types of receivables and inventories will be covered, along with write-offs, balance sheet reporting, and inventory costing methods and reporting.
In this lesson, we will focus on fixed assets and financial liabilities. Topics in this lesson include the disposal of assets, financial reporting, bonds, and the reporting of liabilities.
In this final lesson, we will learn about stockholders, cash flow statements, and metric-based analysis of financial statements. Dividends, stock splits, various cash flows, and global analysis will all be covered.
This course will use scenarios to help you learn the ins and outs of QuickBooks Online. This is done through the use of a sample company, and the data that belongs to that company. This first lesson introduces you to the sample company and how to navigate the data given to you.
In this lesson, you will create a QuickBooks Online account and start using the basic features. You will navigate the dashboard and enter information about the sample company you will be using.
In this lesson, you will delve deeper into QuickBooks Online by changing company settings, modifying the chart of accounts, and creating new customers. You will also begin exploring reports that QuickBooks can create.
In this lesson, you will add operating activities like sales receipts, invoices, and cash receipts. You will also record operating activities, such as new services, products, customers, invoices, and receipts.
Lesson 5 is a follow-up to lesson 4. In the previous lesson you recorded money coming in. In this lesson, you will record money that goes out. This includes purchase orders and payment of bills.
In lesson 6, you will continue entering data with your sample company by including fixed assets, investments, and stocks. This lesson also serves as a refresher for these financial topics.
Lesson 7 is an essential topic for companies. You will be recording payroll activities in this lesson, including adding employees, payroll accounts, and payroll expenses.
In lesson 8 you will explore more features of QuickBooks Online, namely budgeting and bank reconciliation. You will also learn how to create budgeting reports, such as a profit and loss statement.
This lesson focuses heavily on the accounting features of QuickBooks Online, as well as serves as a review of basic accounting procedures. In Lesson 9, you will learn about adjusting journal entries.
This final lesson brings it all together with the creation and analysis of financial reports. A/R, A/P, and Inventory summary reports are all included.
This course prepares students to take the Intuit QuickBooks Certified User Online certification exam.
NOTE: While cellular hotspots may allow access to our courses, users may experience connectivity issues by trying to access our learning management system. This is due to the potential high download and upload latency of cellular connections. Therefore, it is not recommended that students use a cellular hotspot as their primary way of accessing their courses.
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.
Included programs
- Recognize accounting transactions and record them in journals using proper formats.
- Use accounting software and spreadsheets to input, manage, and interpret information.
- Apply the concepts of accrual accounting to transactions that span fiscal periods.
- Record accounting transactions for merchandising operations and understand how to cost inventories using a variety of methods.
- Journalize transactions specific to managing cash and accounts receivable.
- Record transactions for uncollectible accounts.
- Prepare financial statements including income statements, statements of retained earnings, balance sheets and statements of cash flow.
- Create professional and accurate financial documents.
- Identify features of QuickBooks Online.
- Create, print, and export reports in QuickBooks Online.
- Record sales and cash receipts.
- Record purchases and cash payments.
- Record investments and debt.
- Create a budget.
System requirements
Minimum technical expectations for the online learning environment. Your IT team can use this as a checklist.
Internet connectivity
Internet Connectivity Requirements: Cable, Fiber, DSL, or LEO Satellite (i.e. Starlink) internet with speeds of at least 10mb/sec download and 5mb/sec upload are recommended for the best experience. Cable, Fiber, DSL, or LEO Satellite (i.e. Starlink) internet with speeds of at least 10mb/sec download and 5mb/sec upload are recommended for the best experience. Cable, Fiber, DSL, or LEO Satellite (i.e. Starlink) internet with speeds of at least 10mb/sec download and 5mb/sec upload are recommended for the best experience.
While cellular hotspots may allow access to our courses, users may experience connectivity issues by trying to access our learning management system. This is due to the potential high download and upload latency of cellular connections. Therefore, it is not recommended that students use a cellular hotspot as their primary way of accessing their courses.
Hardware
Hardware Requirements: CPU: 1 GHz or higher RAM: 4 GB or higher Resolution: 1280 x 720 or higher. 1920x1080 resolution is recommended for the best experience. Speakers / Headphones Microphone for Webinar or Live Online sessions. CPU: 1 GHz or higher RAM: 4 GB or higher Resolution: 1280 x 720 or higher. 1920x1080 resolution is recommended for the best experience. Speakers / Headphones Microphone for Webinar or Live Online sessions. CPU: 1 GHz or higher RAM: 4 GB or higher Resolution: 1280 x 720 or higher. 1920x1080 resolution is recommended for the best experience. Speakers / Headphones Microphone for Webinar or Live Online sessions.
Operating system
Operating System Requirements: Windows 7 or higher. Mac OSX 10 or higher. Latest Chrome OS Latest Linux Distributions Windows 7 or higher. Mac OSX 10 or higher. Latest Chrome OS Latest Linux Distributions Windows 7 or higher. Mac OSX 10 or higher. Latest Chrome OS Latest Linux Distributions
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.
Web browser
Web Browser Requirements: Latest Google Chrome is recommended for the best experience. Latest Mozilla FireFox Latest Microsoft Edge Latest Apple Safari Latest Google Chrome is recommended for the best experience. Latest Mozilla FireFox Latest Microsoft Edge Latest Apple Safari Latest Google Chrome is recommended for the best experience. Latest Mozilla FireFox Latest Microsoft Edge Latest Apple Safari
Recommended software
Basic Software Requirements (These are recommendations of software to use): Office suite software (Microsoft Office, OpenOffice, or LibreOffice) PDF reader program (Adobe Reader, FoxIt) Courses may require other software that is described in the above course outline. Office suite software (Microsoft Office, OpenOffice, or LibreOffice) PDF reader program (Adobe Reader, FoxIt) Courses may require other software that is described in the above course outline. Office suite software (Microsoft Office, OpenOffice, or LibreOffice) PDF reader program (Adobe Reader, FoxIt) Courses may require other software that is described in the above course outline. ** The course outlines displayed on this website are subject to change at any time without prior notice. ** ** The course outlines displayed on this website are subject to change at any time without prior notice. **
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