Practical Accounting with QuickBooks Accounting System

The Practical Accounting with QuickBooks Accounting System is a two-day  course which aim to provide an overview and hand-on practice on QuickBooks Accounting System to assist the admin, managers, executives, and business owners to apply the QuickBooks accounting system functionalities in their daily business and financial activities and productivity.

Course Objectives

 By the end of the course, learners will be able to:

• Setting up QuickBooks Accounting System

• Use QuickBooks to perform accounting functions and aid decision makings

• Configure and import relevant data to QuickBooks accounting system

• Set up and compute GST for expenses and invoices

• Generate financial and accounting reports

The Syllabus:

Topic 1. Introduction to QuickBooks

• QuickBooks Introduction

• Course Overview

• Workshop Objectives

• Expectation – Activity

Topic 2: Setting up of Company- Activity/Practical Case Study

Topic 3: Setting up of Chart of Accounts – Activity/Practical Case Study 

Topic 4: Setting up of Bank Account – Activity/Practical Case Study

Topic 5: Bank Reconciliation – Activity/Practical Case Study

Topic 6: Tracking Location & Class
– Course Overview- Opening Balance, Activity – Practical Case Study
– Inventory Management/Practical Case Study

Topic 7: Managing Sales, Quotation, Credit Notes and Recurring Transactions  – Activity/Practical Case Study

Topic 8: Managing Purchases, Purchase Orders, Supplier’s Credit Notes Transaction  – Activity/ Practical Case Study

 Topic 9: Tax / GST Setup and Reporting – Activity/Practical Case Study

Topic 10. End-of-Period Closing Procedures  – Activity/Practical Case Study

Topic 11. Budgeting – Activity/Practical Case Study

Topic 12: Financial Reports – Activity/Practical Case Study