This course will teach you how to maintain your own books of accounts by using quickbooks online accounting software.
This course includes accounting activities done in quickbooks like creating chart of account,creating an invoice,bills,expenses, reconciliation of bank statement or understanding various quickbooks reports
This course is explained with the help of screen cast and all the process or activities are shown stepwise through examples
This course is meant for small business owner and professional who wants to maintain their own books of accounts through quickbooks Online.
Whether you are a non finance person or finance person , this course will help you understand accounting activities in quickbooks online better by providing you the knowledge on the basics concepts of accounting.
At the end of this course, you will be able to-
1) Set up your own books of account in quickbooks
2) Manage and create customer master ,invoices and receive payment through quickbooks
3) Manage and create vendor master and book various type of expenses
4) Perform bank reconciliation independently.
5) Assign rules for recurring bank transactions and save template for repetitive transactions, which will help to save time.
6) Understand various reports in quickbooks
Knowing the concepts of accounting will be helpful to understand and work easily with quickbooks. In this lecture we will go through the various important concepts and rules in accounting.
This EXCEL file is a self assessment for you to download to see where you’re at before we start the next lecture.
In this lecture, we will subscribe for a free trial version of quickbooks for 30 days for practice purpose
The first and the foremost activity in quickbooks is to set up the company, define the nature of the business.In this lecture, we are going to learn how to set up a company in quickbooks
One of the very important feature of quickbooks is automatic update of transaction directly from bank and credit card account.In order to ensure automatic update, we need to link the bank & credit card accounts to your quickbooks. In this lecture, we are going to see how to link the bank or credit card account to quickbooks.
Recording of invoice is an important activity of the business. In this lecture we will see how to record invoices,sales receipts or receive payment against a invoice and record credit memo
This Practice Activity will help in application of the concepts learned in this section like setting up of customer account, recording of invoices ,sales receipts and advance from customers
Vendor records like invoicing address, bank details and other related information can be maintained vendor wise in quickbooks. In this lecture we will see how to record a new vendor as well as how to record bulk vendor detail at a time.
Bills can be recorded and can be send to the vendor directly through email.In this lecture we will see how to record expense and classify in the right account.
This practice activity will give you a inside on how to apply the concepts learned in this section of setting up of vendor account and recording of expenses
Reconciliation is an important activity that needs to be carried out in order to ensure that there is no difference between the record in the quickbooks and the bank.In this lecture we will see how to do reconciliation in quickbooks.
This practice activity included in this section is relating to the reconciliation of bank, credit card. It will give a better understanding on the practical application of the concepts
In this lecture , we will learn how to record Journal entries that may required during the month end adjustments
In this lecture,we are going to learn how to save templates for recurring transactions.We generally have few recurring transactions every month like recording of monthly invoices to a particular customer or recording of bill.This will save a lot of time
Time and effort can be saved by assigning rules for repetitive entries every month .In this section we are going to learn about how to assign rules and manage them in quickbooks.
This Practice Activity will help you in application the concepts of recording of journal entries, recording of template & assigning of rules for recurring transactions
In this lecture , you will learn how to customize,Schedule report and access various reports
I am a chartered Accountant with 8 years of experience in the field of accounting,I have worked as a consultant on various accounting softwares.I am sharing my practical experiences in the field of accounting by teaching through Udemy platform.I am very passionate about numbers and learning about the various accounting softwares and so I have combined my passion and experience to spread the knowledge about accounting through teaching