Accounting Fundamentals Using Quickbooks
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Accounting Fundamentals Using Quickbooks

For Solopreneurs, Small Business Owners and Students
4.8 (8 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
41 students enrolled
Created by Humberto Vicetti
Last updated 11/2016
English
Current price: $10 Original price: $20 Discount: 50% off
5 hours left at this price!
30-Day Money-Back Guarantee
Includes:
  • 2.5 hours on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • • Have a solid understanding of Accounting principles
  • • Understand how to read financial reports: Profit and Loss and Balance Sheet
  • • How to install the trial version of Quickbooks
  • • Navigate the Quickbooks interface
  • • Create a new company in Quickbooks
  • • Add, delete and edit lists - Accounts, Vendors, Customers and Items
  • • Know how to create invoices and receive payments
  • • Know how to enter bills and pay them
  • • Understand Bank Reconciliations
  • • Run reports
View Curriculum
Requirements
  • • Basic computer knowledge - How to start a program, How to navigate around a typical windows program
  • • Basic keyboard knowledge - Know where the <alt> and <ctrl> keys are
Description

This is a fundamentals of Accounting course. It explains the basic concepts and terminology of Accounting. It will give you a solid basis in Accounting, even if you have no prior experience at all. The first part of the course covers Accounting theory that will apply no matter what Accounting Software you use. If you are a business owner, student or even if you suddenly find yourself having to deal with Accounting issues this course will help you get started.

In the second part of the course, we will install and learn the basics of working with, the most popular Accounting software for small businesses. You will be taken step by step through the creation of a new company and how to accomplish some of the more basic functions of the program.

At the end of this course, you will be in a position to take more advanced Accounting lessons.

Who is the target audience?
  • • Solopreneurs
  • • Small Business Owners
  • • Bookkeepers
  • • Students
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Curriculum For This Course
46 Lectures
02:19:01
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Fundamentals of Accounting
11 Lectures 29:26

In this first section of the course we will cover basic accounting theory and terminology.

Preview 01:33

In this lesson we will introduce the basic concepts in Accounting

Preview 02:27

In this lesson we will introduce the Chart of Account, which is the basic organizing list in Accounting.

Chart of Accounts
03:08

In this lesson I introduce the concept of Balance Sheet Accounts, which group a particular set of accounts which are reported in the Balance Sheet Report.

Balance Sheet Accounts
03:24

In this lesson I introduce the concept of Income Statement Accounts, which group a particular set of accounts which are reported in the Income Statement Report

Income Statement Accounts
02:00

In this lesson I review the Profit and Loss and Balance Sheet Reports

Profit and Loss and Balance Sheet Review
02:04

In this lesson I point out that the Balance Sheet and the Income Statement are linked by the yearly net profit.

Relationship Between Balance Sheet & Profit and Loss
00:56

In this lesson I introduce the concept of Debits and Credits, which are a way of keeping track of increases and decreases to accounts.

Debits and Credits
03:02

In this lesson I review the concepts of Debits and Credits

Debits and Credits Review
03:27

In this lesson I introduce the fundamental "rules" or equations of Accounting.

Fundamental Rules of Accounting
03:31

Review of Accounting Rules
03:54
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Installing the trial version of Quickbooks and creating a new company
3 Lectures 10:04

In this lesson I show you how to download the trial version of Quickbooks wich I will use in the course.

Downloading the Quickbooks trial version
01:41

In this lesson I show you how to install the trial version of Quickbooks.

Installing the Quickbooks trial version
04:05

In this lesson I show you how to create a new company in Quickbooks.

Creating a New Company in Quickbooks
04:18
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Navigating the Quickbooks Interface
4 Lectures 11:06

I this lesson I show you how to navigate the Quickbooks Interface.

Preview 03:03

I this lesson I continue showing you how to navigate the Quickbooks Interface..

Preview 02:15

I this lesson I continue showing you how to navigate the Quickbooks Interface.

Quickbooks interface part 3
02:43

I this lesson I continue showing you how to navigate the Quickbooks Interface.

Quickbooks interface part 4
03:05
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Lists
5 Lectures 19:48

In this lesson I show you how to create lists - Customers, Vendors and Items- in Quickbooks.

Lists part 1
04:11

In this lesson I show you how to create lists - Customers, Vendors and Items- in Quickbooks.

Lists part 2
03:50

In this lesson I show you how to create lists - Customers, Vendors and Items- in Quickbooks.

Lists part 3
02:26

In this lesson I introduce the concept of Items in Quickbooks, which are used in many different ways.

Preview 03:41

In this lesson I show you how to create non-inventory and service Items in Quickbooks

Creating Items
05:40
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Customers and Sales
7 Lectures 23:02

In this lesson I show you how to open a sample company in Quickbooks, which we will use in the rest of the course

Opening a Sample Company
02:51

In this lesson I review the concept of Items and introduce double-sided Items.

Item Creation Review
02:42

In this lesson I show you how to create estimates in Quickbooks.

Creating Estimates
02:33

In this lesson I show you how to convert an Estimate to an Invoice.

Converting Estimates to Invoices
02:25

In this lesson I show you how to create and Invoice without creating and Estimate.

Creating Invoices Directly
02:14

In this lesson I show you how to receive customer payments.

Receiving Payments
03:50

In this lesson I show you how to deposit payments into a bank account.

Recording Deposits
06:27
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Vendors and Purchases
6 Lectures 16:01

In this lesson I introduce the concept of double-sided items, which allows you to use one item for purchases and sales.

Double Sided Items
03:49

In this lesson I show you how to create a Purchase Order in Quickbooks

Creating a Purchase Order
02:11

In this lesson I show you how to convert a purchase order to a bill.

Converting a Purchase Order to a Bill
01:55

In this lesson I show you how to enter a bill without creating a purchase order first.

Entering a Bill without a Purchase Order
02:31

In this lesson I show you how to pay bills.

Paying Bills
03:00

In this lesson I show you how to write a check in Quickbooks.

Write Checks Feature
02:35
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Registers and Bank Reconciliations
5 Lectures 18:02

In this lesson I show you how to use registers to look up and add information to accounts.

Using Registers
03:23

In this lesson I explain what a bank reconciliation is.

What is a Bank Reconciliation?
01:52

In this lesson I show you how to create a new bank account with an opening balance.

Creating a Bank Account with Opening Balance
01:44

In this lesson, which reviews many of the concepts introduced before, I create transaction that will affect the balance of the new bank account, which will show in the bank reconciliation screen.

Entering Transaction Affecting New Bank Account
04:53

In this lesson I show you how to do a bank reconciliation in Quickbooks.

Bank Reconciliation
06:10
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Reports
3 Lectures 07:26

In this lesson I introduce how reports are organized in Quickbooks.

Introduction to Reports
01:15

In this lesson I explained the accrual and cash basis of reports.

Report Basis
03:25

In this lesson I discuss some common accounts receivable and accounts payable reports.

A/R and A/P Reports
02:46
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Goodbye
2 Lectures 04:06
Goodbye
00:43

Introduction to Fundamental Accounting with Quickbooks
03:23
About the Instructor
Humberto Vicetti
4.8 Average rating
8 Reviews
41 Students
1 Course
Advanced Quickbooks Pro Advisor

I have worked in Accounting for over thirty years. I have experience in such diverse fields as Construction, Law and IT. I have been a QuickBooks Pro Advisor since 2002 and hold advanced certification. I have taught QuickBooks in community colleges and have run seminars for business owners. I am also very experienced with Microsoft Office applications. I hold Microsoft Office Master User Certification