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QuickBooks & Sage 50: Real-World Training
Rating: 4.3 out of 5(2 ratings)
133 students

QuickBooks & Sage 50: Real-World Training

Master accounting by recording real transactions in QuickBooks and understanding the full accounting cycle step-by-step
Last updated 5/2026
English
English [Auto],

What you'll learn

  • Real-World Accounting Experience
  • QuickBooks Setup and Accounting Foundations
  • Recording Daily Business Transactions
  • Accounts Receivable and Accounts Payable Management
  • Inventory Management and Cost of Goods Sold
  • Bank and Cash Management
  • Payroll and Employee Expenses
  • Adjusting Entries and Month-End Closing
  • Tax and Compliance Accounting
  • Financial Reporting

Course content

9 sections42 lectures6h 33m total length
  • Create a company in QuickBooks14:23

    Goal: Understand your workplace and QuickBooks environment.

    • Learn your company’s accounting cycle and chart of accounts.

    • Get access to QuickBooks Online or Desktop.

    • Review company policies: document control, approval limits, and expense processes.

    • Watch QuickBooks tutorials on:

      • Dashboard navigation

      • Creating and customizing accounts

      • Understanding modules (Customers, Vendors, Employees, Reports)

    Tasks:

    • Log in to QuickBooks and explore menus.

    • Identify company accounts (assets, liabilities, income, expenses).

    • Create your own practice company file (if allowed).

  • Week 1 Jan 2024 Warm up transactions13:11
  • Week 2: Payables, Receivables, Payroll17:35

    Goal: Learn basic bookkeeping entries.

    • Enter sales invoices and customer receipts.

    • Record bills and vendor payments.

    Learn how chart of accounts maps to transactions.

  • Week 3: Bank & Cash Management6:11

    Goal: Handle banking modules.

    • Learn how to connect bank feeds.

    • Record bank deposits and transfers.

    Understand bank reconciliation in QuickBooks.

  • Week 4: Review & Reporting8:40

    Goal: See how entries affect financial reports.

    • Generate:

      • Profit & Loss Statement

      • Balance Sheet

      • Trial Balance

    • Review how each transaction impacts these reports.

    • Meet your supervisor for feedback on accuracy and posting consistency.

Requirements

  • Student should have some knowledge of basic accounting.

Description

Learn Practical Accounting with QuickBooks by Doing Real Business Work

Stop memorizing theory—start working like a real accountant by recording daily transactions and managing a complete business in QuickBooks.

Problem

Most accounting courses leave you confused because they only teach theory.

You may have experienced this:

  • You understand concepts but don’t know how to apply them

  • You’ve never worked on real accounting transactions

  • You feel unprepared for an accounting job

  • You don’t know how accounting works in real businesses

This course solves that.

Solution

This is a hands-on Practical Accounting course where you will:

Work on a real business simulation
Record daily transactions in QuickBooks
Manage accounting like a professional
Learn by doing—not just watching

You will gain real experience, not just knowledge.


Sage 50 Line Accounts


Download the software

Create company

open & Switch companies

User access

Nominal Records

Create and manage Customers

Create and manage Suppliers

Banking

Products

Projects


WEEK 1 (Jan 1–7): Setup & Basic Transactions

WEEK 2 (Jan 8–14): Payables, Receivables, Payroll

WEEK 3 (Jan 15–21): Bank Reconciliation & Inventory

WEEK 4 (Jan 22–31): Month-End Adjustments & Reports

Jan 31: Month-End Closing

WEEK 1 (Feb 1–7): Inventory & Early Month Transactions

WEEK 2 (Feb 8–14): Payments, Payroll & Discounts

WEEK 3 (Feb 15–21): Supplier Payments & Inventory Tracking

WEEK 4 (Feb 22–29): Month-End Adjustments

Feb 29: Month-End Closing

WEEK 1 (Mar 1–7): Opening Activities & Inventory

WEEK 2 (Mar 8–14): Payroll & Receipts

WEEK 3 (Mar 15–21): Inventory, Discounts & Payments

WEEK 4 (Mar 22–31): Month-End & Adjustments

Mar 31: Month-End Closing

WEEK 1 (Apr 1–7): Opening the Quarter & Loan Setup

WEEK 2 (Apr 8–14): Loan Repayment, Payroll, and Reimbursements

WEEK 3 (Apr 15–21): Discounts, Promotions, and Adjustments

WEEK 4 (Apr 22–30): Month-End & Adjustments

Apr 30: Month-End Closing

WEEK 1 (May 1–7): Monthly Setup & Purchases

WEEK 2 (May 8–14): Returns, Petty Cash & Sales

WEEK 3 (May 15–21): Installments & Marketing Expenses

WEEK 4 (May 22–31): Adjustments & Month-End

May 31: Month-End Closing Tasks

WEEK 1 (June 1–7): Opening the Month & Regular Operations

WEEK 2 (June 8–14): Sales, Returns & Supplier Credit

WEEK 3 (June 15–21): Installments, Prepaid Recognition & Loan

WEEK 4 (June 22–30): Adjustments & Mid-Year Closing

June 30: Mid-Year Review & Closing

WEEK 1 (July 1–7): Opening Q3 and Regular Operations

WEEK 2 (July 8–14): Credit Sales, Returns & Petty Cash

WEEK 3 (July 15–21): Adjustments, Marketing & Loan

WEEK 4 (July 22–31): Depreciation, Tax, and Closing

July 31: Month-End Closing Tasks

WEEK 1 (Aug 1–7): Start of Month & Bulk Inventory Purchase

WEEK 2 (Aug 8–14): Marketing, Promotions & Credit Sales

WEEK 3 (Aug 15–21): Discounts, Bonuses & Adjustments

WEEK 4 (Aug 22–31): Adjustments, Depreciation & Closing

Aug 31: Month-End Closing


What Makes This Course Different

Most courses teach what accounting is.

This course teaches you how accounting is actually done in real companies.

You will:

  • Act as the accountant of a simulated electronics business

  • Handle real-world scenarios (sales, expenses, inventory, payments)

  • Complete the full accounting cycle step-by-step

By the end, you will feel like you’ve already done an accounting job.

What You Will Learn

  • Set up a company in QuickBooks from scratch

  • Create and manage a Chart of Accounts

  • Record real daily transactions

  • Create invoices and receive payments

  • Manage vendor bills and supplier payments

  • Track inventory and Cost of Goods Sold (COGS)

  • Handle returns, discounts, and adjustments

  • Perform bank reconciliation

  • Record expenses and payroll

  • Generate Profit & Loss and Balance Sheet

  • Understand the complete accounting cycle

Real-World Simulation

You will work on a complete electronics retail business and record:

  • Inventory purchases from suppliers

  • Sales to customers (cash & credit)

  • Online payments and expenses

  • Returns and damaged stock

  • Monthly adjustments and reports

This is exactly what accountants do in real companies.

What You’ll Be Able To Do After This Course

Confidently use QuickBooks
Handle real accounting tasks
Work as a junior accountant or bookkeeper
Manage accounting for a small business
Understand financial reports in real scenarios

Who This Course Is For

  • Beginners who want to learn accounting practically

  • Students preparing for accounting jobs

  • Job seekers who want real experience

  • Business owners managing their own accounts

  • Anyone who wants to learn QuickBooks with real examples

Who This Course Is NOT For

  • Those looking for only theory-based accounting

  • Advanced accountants looking for complex standards (IFRS/CPA level)

This course is ideal for those seeking to understand accounting in its real-world context.

Enroll now and start working like a real accountant from day one.

Who this course is for:

  • Accounting students
  • Fresh graduates
  • Bookkeepers
  • Business owners
  • Anyone who wants practical QuickBooks accounting experience