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Beginner LevelQuickBooks Desktop

QuickBooks Desktop for Manufacturing

Accounting for manufacturing and wholesale is challenging, but not after you watch this course! Learn to use QuickBooks to meet your unique needs. Take this course if you’re keeping the books for a manufacturing or wholesale business.

Course Duration

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Course Content

QuickBooks Desktop Setup
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
Elements of a Transaction: Money In
Elements of a Transaction: Money Out
Saving Transactions
The Ribbon Explained
Sample File
Lists
Working with Lists
What Are Lists?
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
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”
Financial Statements
Financial Statements
Chart of Accounts
Balance Sheet
Profit & Loss Statement
Account Types
Set Up a New Account
Subaccounts – Intro
Subaccounts – Add
Subaccounts – Shortcut
Collapse Reports
Journal Entry – Intro
Journal Entry – Enter
Financial Statements – Yearly/Monthly Comparison
Financial Statements – % of Income and Cash/Accrual
Snapshot – Company
Snapshot – Payments/Customers
Insights Tab
Products
Products
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
Group and Assembly Items
Group Item – Intro
Group Item – Why
Group Item – Setup
Group Item – Use
Inventory Assembly – Intro
Inventory Assembly – Setup
Inventory Assembly – Accounting
Inventory Assembly – Process
Inventory Assembly – Build
When to Use Group vs. When to Use Assembly
Units of Measure – Preferences
Units of Measure – Set
Units of Measure – Assign
Money In – I
Money In – I
Customers and Jobs
Add Customers
Add Jobs
Recording Sales Intro
Intro to Invoicing
Create a Product Invoice – Line Items and Discounts
Create a Product Invoice – Subtotal
Email Invoices
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
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
Quotes, Deposits, & Sales Orders
Quotes, Deposits, & Sales Orders
Estimating Fixed Price Estimates – Intro
How to Estimate Fixed Priced Estimates
Progress Invoicing – Intro
Progress Invoicing – How To
Set Up Memorized Estimate
Use Memorized Estimate for a Customer
Estimate – Change Order
Method 1: Create Change Order from Original Estimate
Method 2: Create Second Estimate as Change Order
Method 2: Potential Problems
Method 3: Add Subtotal Items on Original Estimate
Estimate – Draws
Invoice Draws
Customer Deposit Method 1 – Intro to Down Payment as Credit
Customer Deposit Method 1 – Record Down Payment
Customer Deposit Method 1 – Create Invoice and Apply Customer Down Payment
Customer Deposit Method 1 – Year End Journal Entry
Customer Deposit Method 2 – Intro to Down Payments Liability
Customer Deposit Method 2 – Create Customer Deposits Liability Account
Customer Deposit Method 2 – Set Up Deposit Item
Customer Deposit Method 2 – Record Invoice for Deposit
Customer Deposit Method 2 – Receive Deposit and View Customer Balance
Customer Deposit Method 2 – Create Final Invoice and Apply Customer Deposit
Set up Customer Prepayments (QB Enterprise 2024 or Later)
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
Duplicate Custom Form – Why
Duplicate Custom Forms – How
Download Templates
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
Search within Transactions
Batch Invoicing – Intro
Batch Invoicing – Customer Information Setup
Batch Invoicing – Create Customer Billing Group
Batch Invoicing – Choose Items and Create Invoices
Batch Delete
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
Multiple Sales Tax Rates – Intro
Multiple Sales Tax Rates – Record Sale
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
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
Banking
Banking
Connect to Online Banking (Direct Connect)
Connect to Online Banking (Web Connect)
The Bank Feeds Center
Recognized vs. 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?
Ignore a Transaction
Record a Personal Expense
What is a Transfer?
Record a Transfer
Record a Credit Card Charge/Payment
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
Security & Multi-User (Pro/Premier)
Multi-User Install
Assign Admin
User Setup – New User and Customize Access
User Set Up – Security Settings
User Set Up – Access Priviledges
Single-User vs. Multi-User
Drawbacks of Multi-User Mode
Switch to Multi-User Mode
Intro to Audit Trail
Customize Audit Trail
Audit Trail – View and Track Changes
Security & Multi-User
Security & Multi-User (Enterprise)
Security & Multi-User
Multi-User Install
Assign Admin
Roles – Intro
Roles – Check Permissions
Roles – Edit Permissions
Roles – Create New Role
Users – Intro
Users – Set Up a New User
Single-User vs. Multi-User
Drawbacks of Multi-User Mode
Switch to Multi-User Mode
Set Personal Preferences
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
Customize Header/Footer
Change Fonts/Numbers
Intro to Filters
Apply a Filter
Global Report Preferences
Intro to Memorize Reports
Memorize a Report to Run Later
Report Groups – Intro
Report Groups – Create
Report Groups – Use
Excel – Intro
Excel – Export Report to Excel
Excel – Customize Report in Excel
Excel – Tips to Add Formulas in Excel
Accounting Tasks & Procedures
Accounting Tasks & Procedures
Closing Date – Why
Closing Date – How to
Restrict Access to Closed Period (Pro/Premier)
Restrict Access to Closed Period (Enterprise)
What do Closed Period Restricted Users See?
Send 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
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 Witholdings
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
Payroll Journal Entries: Intro
Payroll Journal Entries: Enter
Inventory (Pro/Premier)
Inventory (Pro/Premier)
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
Inventory Adjustments – Quantity
Inventory Adjustments – Value
Review Purchase Order and Inventory Reports
Inventory (Enterprise)
Inventory (Enterprise)
Use the Inventory Center
The Default Purchasing Cycle in QuickBooks
Review the Inventory Stock Status by Item Report
Create Auto Purchase Orders
Create Manual Purchase Orders
Receive Inventory with a Bill
Pay a Bill after Receiving Inventory
Prevent Negative Quantities
Enhanced Inventory Receiving
Additional Inventory Features
Adjusting Inventory – Intro
Count Inventory
Inventory Adjustments – Quantity
Inventory Adjustments – Value
Review Purchase Order and Inventory Reports
Advanced Inventory (Enterprise)
Enterprise with Advanced Inventory
Shoud You Use QuickBooks to Track Inventory?
Elements of Inventory in QuickBooks
Add and Edit Inventory Items
Inventory Sites – Intro
Turn on and Set Up Inventory Sites
Purchase and Sell Inventory from Sites
Track Inventory by Site on Reports
Track Inventory by Rows and Bins
Serial or Lot Numbers – Intro
Turn on Serial or Lot Numbers
Assign Serial or Lot Numbers
Look up Serial or Lot Numbers on Reports
FIFO vs. Average Cost
Turn on FIFO
How FIFO Works
Get the Right Equipment
Turn on and Set Up Barcodes
Use Barcodes to Sell and Purchase Inventory
Site Operations – Intro
Site Operations – Setup
Send Purchase Tasks to the Warehouse App
Send Sales Tasks to the Warehouse App
Use the Warehouse App to Update QuickBooks
Track Sale and Purchase Progress
Advanced Pricing (Enterprise)
Enterprise with Advanced Pricing
Price Levels without Advanced Pricing
Price Rules – Intro
Advanced Pricing – Preferences
Price Rules – Customer Type
Price Rules – Seasonal/Temporary Sales
Price Rules – Price Overrides
Price Rules – Other Options
Volume Discounts – Intro
Volume Discounts – Set Up
Volume Discounts – Use
Class Conclusion