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Beginner LevelQuickBooks Desktop

QuickBooks Desktop for Beginners

Explore how to use QuickBooks Desktop with this course. If you’re new, take this class to start right. Or if you’re experienced, learn to get even more from QuickBooks.

Course Duration

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Course Content

QuickBooks Desktop Setup
Your Turns Introduction
How to Practice Introduction
QuickBooks Desktop Setup
Create Company File: Intro
Create Company File
Home Page
Icon Bar
Centers
Menus
View Options and Tips
Additional Preferences
Customize Home Page
Choose Your Starting Point
Continue New File Setup
Change Company Info
What is a Transaction
Elements of a Transaction: Money In
Elements of a Transaction: Money Out
Saving Transactions
The Ribbon Explained
Get Ready to Practice
Your Turn: QuickBooks Desktop Setup
Your Turn Answers: QuickBooks Desktop Setup
Lists
Working with Lists
What Are Lists?
The “WHO”: Introduction to Centers
The “WHO”: Customizing Customer and Vendor Centers
The “WHO”: Find and Record Transactions using Customer and Vendor Centers
The “WHAT”: Introduction to Menu-Based Lists
The “WHO” and the “WHAT”: Add New Entry
Why do you need The “WHO” and The “WHAT”
The “WHO” and The “WHAT”: Edit Entry
The “WHO” and The “WHAT”: How to Add Names to Multiple Lists
The “WHO” and The “WHAT”: Delete Entries
The “WHO” and The “WHAT”: Make Entries Inactive
The “WHO” and The “WHAT”: Merge Entries
The “WHO” and The “WHAT”: Print Lists
Get Ready to Practice
Your Turn: Lists
Your Turn Answers: Lists
Financial Statements
Financial Statements
Chart of Accounts
Balance Sheet
Profit & Loss Statement
Account Types
Set Up a New Account
Intro to Subaccounts
Add Subaccounts
Subaccounts Shortcuts
Collapse Reports
Intro to Journal Entries
Enter Journal Entries
Financial Statements – Yearly/Monthly Comparison
Financial Statements – % of Income and Cash/Accrual
Snapshot – Company
Snapshot – Payments/Customers
Insights Tab
Get Ready to Practice
Your Turn: Financial Statements
Your Turn Answers: Financial Statements
Items
Items
Advantages of Items
When Should You Set Up a New Item?
Catch-All Items
Item Types
Inventory/Non-Inventory
Inventory Assemblies
Item Types – Continued
Add Inventory Part
Add Non-Inventory Part
Add Service Item
Get Ready to Practice
Your Turn: Items
Your Turn Answers: Items
Money In – I
Money In – I
Customers and Jobs
Add Customers
Add Jobs
Recording Sales Intro
Intro to Invoicing
Create a Service Invoice
Create a Product Invoice – Line Items and Discounts
Create a Product Invoice – Subtotal
Email Invoices
Updated Attachment Previews (QB 2021 or Later)
Print Invoices
The Accounts Receivable Aging Summary Report
Receive Payments
What is Undeposited Funds?
Customize Undeposited Funds
Partial Payments
Make Deposits
Accounts Receivable Reports
Income Tracker
Get Ready to Practice
Your Turn: Money In – I
Your Turn Answers: Money In – I
Money In – II
Money In – II
Intro to Sales Receipts
Enter Sales Receipts
What is Undeposited Funds?
Customize Undeposited Funds
Record a Bank Deposit from a Sales Receipt
Intro to Deposit Only Method
Record Deposit Only
Import – Other Program
Customer Credits/Refunds
Customer Statements
Open Transactions on Customer Statements
Activity on Customer Statements
Sales Reports
Get Ready to Practice
Your Turn: Money In – II
Your Turn Answers: Money In – II
Customizing Forms
Customize Forms
Create Form Design
Customize Form – Header
Customize Form – Columns and Footer
Basic Form Customization
Layout Designer – Add Data/Text and Move Fields
Layout Designer – Move Elements and Copy Format
Customizing Payment Receipts (QB 2021 or Later)
Duplicate Custom Form – Why
Duplicate Custom Forms – How
Download Templates
Get Ready to Practice
Your Turn: Customizing Forms
Your Turn Answers: Customizing Forms
Saving Time
Saving Time
QuickBooks Calendar
Find Button – On Form
Find Window
Simple Find
Use Advanced Find
Use Centers to Find Data – Intro
Find Within the Customers and Jobs Tab
Find With the Transactions Tab
QuickBooks Search
Save Time – Memorize Transactions
Memorize Transaction – Check
Memorize Transaction – Auto Debit
Memorize Transaction – Auto Entry
Memorize Transaction – Checking Detail
Memorize Transaction- Change or Delete Schedule
Get Ready to Practice
Your Turn: Saving Time
Your Turn Answers: Saving Time
Sales Tax
Sales Tax
Steps to Set Up Sales Tax
Sales Tax Preferences
Set Up Sales Tax Items/Groups
Sales Tax Codes
Assign Tax Code to Item
Assign Tax Code to Customer
Sales Tax on an Invoice
Amount of Sales Tax Due
Adjust Sales Tax
Pay Sales Tax
Get Ready to Practice
Your Turn: Sales Tax
Your Turn Answers: Sales Tax
Money Out – I
Money Out – I
Add a Vendor
Money Out Workflows
Advantages of Tracking Bills
Enter Bills
Review Unpaid Bills
How to Use the Bill Payment Window
Record Bill Payment
Print Checks
Intro to Write Checks
Record a Check to Print
Record a Handwritten Check
Debit Card Transactions
Vendor Reports
Bill Tracker
Get Ready to Practice
Your Turn: Money Out – I
Your Turn Answers: Money Out – I
Money Out – II
Money Out – II
Intro to Credit Cards
Set up Credit Cards
Use Credit Cards
Record a Credit Card Payment
Intro to Vendor Credit Memos
Enter Vendor Credit Memos
Apply Vendor Credit Memos
Record a Vendor Refund
When to Void vs. Delete a Check
Void a Check
Missing Checks Report
Get Ready to Practice
Your Turn: Money Out – II
Your Turn Answers: Money Out – II
Banking
Banking
Connect to Online Banking (Direct Connect)
Connect to Online Banking (Web Connect)
The Bank Feeds Center
Recognized, Partially-recognized, and Unrecognized
Match a Downloaded Transaction
What is an Unrecognized Transaction?
Add an Unrecognized Transaction
Bank Rules
What Transactions Can You Add in the Unrecognized Tab?
Add a Deposit
Add an Expense with a Split
When Should you Ignore Transactions?
Record a Personal Expense
What is a Transfer?
Ignore a Transaction
Record a Transfer
Record a Credit Card Charge/Payment
Get Ready to Practice
Your Turn: Banking
Your Turn Answers: Banking
Reconciliation
Reconciliation
Begin a Reconciliation
How to Use the Reconciliation Window
Mark Transactions as Cleared
What Causes a Difference?
Complete a Reconciliation
Credit Card Reconciliation Intro
Credit Card Reconciliation Setup
Credit Card Reconciliation
Register Tips
Get Ready to Practice
Your Turn: Reconciliation
Your Turn Answers: Reconciliation
Security & Multi-User
Security & Multi-User
Multi-User Install
Assign Admin
User Setup – New User and Customize Access
User Set Up – Security Settings
User Set Up – Access Privileges
Single-User vs. Multi-User
Drawbacks of Multi-User Mode
Switch to Multi-User Mode
Permitted/Restricted Actions
Intro to Audit Trail
Customize Audit Trail
Audit Trail – View and Track Changes
Working with Reports
Working with Reports
Report Center
Customize Reports
Customize Columns
Sort Options
Change Column Width
Change Column Order
Intro to Filters
Apply a Filter
Customize Header/Footer
Change Fonts/Numbers
Global Report Preferences
Intro to Memorize Reports
Memorize a Report to Run Later
Intro to Report Groups
Create Report Groups
Use Report Groups
Intro to Excel
Export Report to Excel
Customize Report in Excel
Tips to Add Formulas in Excel
Get Ready to Practice
Your Turn: Working with Reports
Your Turn Answers: Working with Reports
Accounting Tasks & Procedures
Accounting Tasks & Procedures
Closing Date – Why
Closing Date – How to
Restrict Access to Closed Period
What do Closed Period Restricted Users See?
Sending Financial Information to Accountant
Incorporate Accountant Changes
Backup – Why
Backup – Intro
Backup – Preferences
Backup – Schedule Backups
Restore File from a Backup – Intro
Restore File from a Backup – How to
Update QuickBooks
Maintenance Release
Update QuickBooks – Options
Get Updates Manually
Get Ready to Practice
Your Turn: Accounting Tasks & Procedures
Your Turn Answers: Accounting Tasks & Procedures
Inventory
Inventory
Use the Inventory Center
The Default Purchasing Cycle in QuickBooks
Review the Inventory Stock Status by Item Report
Create and Send Purchase Orders to Vendors
Receive Inventory with a Bill
Pay a Bill after Receiving Inventory
Adjust Inventory – Intro
Count Inventory
Make Adjustments to Inventory
Review Purchase Order and Inventory Reports
Get Ready to Practice
Your Turn: Inventory
Your Turn Answers: Inventory
Set Up Payroll
Set Up Payroll
Start Setup
Employees
Pay Details
Employee Details
Company
Insurance Benefits
Retirement Benefits
Paid Time Off
Miscellaneous
Federal and State Taxes
Year-to-Date – Intro
Year-to-Date Pay
Review & Finalize Payroll Setup
Setup Final Steps
Preferences – Intro
Preferences – Sick/Vacation
Preferences – View my paycheck
Preferences – Copy from previous paycheck
Preferences – Job Costing/Emp Defaults
Payroll Schedules – Intro
Payroll Schedules
Time Tracking
Time Tracking
Set Up Time Tracking
Ways to Enter Time
Enter Weekly Timesheet
Timesheet Tips – Keyboard Shortcuts and Overtime
Timesheet Tips – Copy/Paste Time
Subcontractor Weekly Timesheets
Print Weekly Timesheets
Invoice Time
Productivity Reports
Run Payroll
Run Payroll
Enter Payroll Information and Paycheck Hours
Review Additional Payroll Information and Withholdings
Confirm and Finalize Paychecks
Print Paychecks
Print Paystubs
Intro to Pay Liabilities/Taxes
Pay Liabilities/Taxes
Tax Form 941 – Why
Tax Form 941 – Interview
Tax Form 941 – Check for Errors
Payroll Reports
Class Conclusion