QuickBooks™ Online Practice Set • Quincy Bookstore

The first step in working with any QB company records is to create the actual database file where the information is stored.  This section of the course takes you through that process step-by-step.  Learn what's going to happen and see the resources we've developed to help.

Kick off the setup process with Step 1 - Creating the actual data file.

In Setup Step 2, you learn how to Purge all the information in the original file that you're not going to use - like 100's of accounts.

Setup Step 3 walks you through some of the company-wide settings and prepares the Sales Tax system for use.

Time to get the core of the file set up - the Chart of Accounts.

Before you start setting up Customers, Vendors, etc., we need to tweak a couple of Other Lists that work with them.

In this lesson, you will create the initial Customers for Quincy Bookstore and refresh on how to add others later.

Just like the Customers, now it's time to get the Vendors setup.

What good are Customers and Vendors, if there's nothing set up in your system to sell?

Instead of entering every activity for the last 11 months, this lesson will talk you through adding Journal Entries to show all that activity (and prep you for your end-of-the-year work.)

QBO has dropped in a couple of last accounts into the COA so this lesson makes sure you have them numbered and organized to match the rest of your accounts.

In this Practice Set, quizzes help us make sure you've entered everything correctly.  Find out how that works in this lesson.

This lesson explains how you will work through each week of activities in the set.

This lesson walks you through each activity on the list for this week to make sure you understand what's going on before you start to record them.

Watch as Ron shows you how he recorded each of the transactions into QBO for the first part of this week.

Watch as Ron shows you how he recorded each of the transactions into QBO for the second part of this week.

This lesson walks you through each activity on the list for this week to make sure you understand what's going on before you start to record them.

Watch as Ron shows you how he recorded each of the transactions into QBO for this week.

This lesson walks you through each activity on the list for this week to make sure you understand what's going on before you start to record them.

Watch as Ron shows you how he recorded each of the transactions into QBO for this week.

This lesson walks you through each activity on the list for this week to make sure you understand what's going on before you start to record them.

Watch as Ron shows you how he recorded each of the transactions into QBO for this week.

This lesson walks you through each activity on the list for this week to make sure you understand what's going on before you start to record them.

Watch as Ron shows you how he recorded each of the transactions into QBO for first part of this week.

Watch as Ron shows you how he recorded each of the transactions into QBO for second part of this week.

This lesson walks you through each activity on the list for EOM adjustments to make sure you understand what's going on before you start to record them.

Watch as Ron shows you how he recorded each of the transactions into QBO for the EOM adjustment entries.

This lesson explains how, in the next couple of lessons, you're going to get some practice on how to reconcile accounts. 

Work along with Ron as you reconcile the monthly Mastercard statement with your account in QBO.

Work along with Ron as you reconcile the monthly checking account statement with your account in QBO.

As you prepare to start closing up the year (and the Practice Set), let's make sure everything is entered and correct.

Take a look and make sure you understand how the Closing process works in QBO.

Watch as Ron shows you how he recorded each of the transactions into QBO to close the year.