Location

Community Services & Continuing Education - Alexandria

Objectives

• • Introduce the student to some basic operations on how to perform daily accounting tasks in the• General Ledger• Accounts Receivable• Accounts Payable• Payroll.• Review basic bookkeeping tasks• Review the setup of accounting data

Outcomes

Upon successful completion students should be able to:- Use basic QuickBooks navigation techniques- Complete the first stage of the QuickBooks setup process - Create income and expense accounts - Create inventory and service items- Create and edit customer and supplier details- Enter opening balances - Enter cash sales- Create invoices- Receive and apply customer payments- Pay suppliers accounts - Record the purchase of goods and services- Pay bills - Reconcile QuickBooks with various bank statements - Create and modify reports - Understand how QuickBooks tracks GST.

Course Contents

Creating a New Company Data FileAdding Accounts to the General LedgerEntering G/L Account Opening BalancesEntering Customer Opening BalancesEntering Vendor Opening BalancesEntering Inventory Opening BalancesQuickBooks PreferencesGeneral Ledger AccountsCompany InformationPrinting the Chart of AccountsUsing Dates in QuickBooksGeneral Journal TransactionsBacking Up QuickBooks Data FilesInventory and ServicesCreating Inventory AccountsCreating Inventory ItemsCreating Service ItemsChanging Inventory & Service Item DataInventory ReportsVendors and Accounts PayableVendorsMaking PurchasesMemorized Payment TransactionsCreating Purchase OrdersFilling a Purchase OrderFinding and Modifying BillsPaying Vendor BillsPrinting ChequesVendor ReportsCustomers and Accounts ReceivableCustomersRecording SalesViewing, Adjusting and Deleting SalesInvoicesPayments and Credits on ReceivablesRecording Deposits of PaymentsCustomer ReportsEmployees and PayrollPayroll Overview