Bookkeeping and QuickBooks Desktop for Beginners.

Creating a new company in QuickBooks from nothing to an operable business.

Utilizing a sample company provided by QuickBooks to open it and have a look around.

A bit of a tour around QuickBooks Desktop.  Finding out where things are.

The work centres located on the home screen / page.

Utilizing the sample company; looking at the Chart of Accounts.  Additions, deletions or Changes

Utilizing the newly created company; looking at the Chart of Accounts.  Additions, deletions or Changes

The Tax Stuff.  Taxes vary very much from one place to another.  It is important to know your tax responsibilities.

Start by setting up accounts needed to handle inventory.  For purchase and sales of inventory items.

Creating inventory items and get ready to be able to make sales of these items.

QuickBooks creates numbers for each account in the Chart of Accounts.  They can be turned on or off.  They can help with the placement of new accounts once the basic company is created.

Backing up a company file so that if necessary we can bring back our company data should it be lost or corrupted in some way.

Adding and or editing customers to the customer list.

Making a sale using the Sales Receipt process.

Recording sales using invoicing of customers, creating accounts receivable.

Receiving payments from customers and undeposited funds.

Credit Memos for paid up accounts and outstanding invoices.

Statements of Accounts for customers.

Using Estimates for Customers and Creating Invoices.

Adding and editing vendors, handling bills and cheque numbers.

Paying bills with or without accounts payable.

Income Statements or Profit and Loss Statements with or without account numbering.

Account reconciliations

Using Class Tracking to track profit or loss on any project, event or job.

A quick look at journal entries.

Bonus Lecture Extras