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Beginner LevelQuickBooks Bookkeeping

Bookkeeping Course

Master bookkeeping basics—debits and credits, chart of accounts, A/R & A/P, bank reconciliations, and core reports—so you can keep clean, accurate books.

Course Duration

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Course Content

Chapter 1: Intro to Accounting
Meet Your Instructors
What is Accounting?
What we Cover
How to Approach this Class
The Accounting Cycle
What is a Business?
What is the Purpose of Accounting?
The Economic Entity Principle
How to Use Your WorkBook
Exercise 1 (prep included)
Exercise 1 Walkthrough
The Accounting Equation
Chapter 2: Record Activities in the Books
Your Business Transactions
Record Assets, Liabilities, and Equity
Exercise 2 (prep included)
Exercise 2 Walkthrough
Income & Expenses
Assets vs. Expenses
Financial Position and Financial Performance
Exercise 3 (prep included)
Exercise 3 Walkthrough
The Financial Statements
Chapter 3: Debits & Credits
Intro to Debits & Credits
Using T-Accounts
Exercise 4 (prep included)
Exercise 4 Walkthrough
Calculate the Balance of a T-Account
Debits & Credits with All Accounts
Exercise 6 (prep included)
Exercise 6 Walkthrough
Exercise 7 (prep included)
Exercise 7 Walkthrough
Transaction Journal
The General Ledger
But Why Debits & Credits?
Exercise 8 (prep included)
Exercise 8 Walkthrough
Chapter 4: Reconciliation
What is Reconciliation? (and how to prepare)
How to Reconcile
Complete a Reconciliation
Chapter 5: Financial Statements
The Balance Sheet
Comparative Profit & Loss
Budget vs. Actual Report
Chapter 6: Accounts
The Chart of Accounts
How many accounts?
Exercise 9 (prep included)
Exercise 9 Walkthrough
How to Name Accounts
Exercise 10 (prep included)
Exercise 10 Walkthrough
Account Types
Exercise 11 (prep included)
Exercise 11 Walkthrough
Chapter 7: Money-In
The Revenue Recognition Principle
Exercise 12 (prep included)
Exercise 12 Walkthrough
Accounts Receivable
Undeposited Funds?
Chapter 8: Money-Out
The Matching Principle
Exercise 13 (prep included)
Exercise 13 Walkthrough
Accounts Payable
Cash vs. Accrual
Statement of Cash Flows
Chapter 9: Complex Entries
Adjusting Entries
Retained Earnings
Depreciation
The Cost Principle
Inventory
Exercise 16 (prep included)
Exercise 16 Walkthrough
Inventory Cost Methods
Chapter 10: Payroll
What is payroll accounting?
Exercise 19 (prep included)
Exercise 19 Walkthrough
Payroll Journal Entries
Payroll Forms
Chapter 11: Bookkeeping Extras
Inventory Adjustments
Tricks for Memorizing Account Types
Bad Debt
Loans (prep included)
Loan Example
Prepaid Expenses
Practice Exams
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