What you will learn in Bookkeeping in QuickBooks Online Course
- Learners will understand the basic principles of bookkeeping, including how to track income, expenses, and manage financial records.
- The course covers how to use QuickBooks Online to manage business finances, including setting up accounts, creating invoices, and handling bank transactions.
- Students will explore how to create financial reports such as profit and loss statements, balance sheets, and cash flow statements.
The course teaches how to manage accounts payable and receivable, as well as handle payroll and taxes.
Learners will gain insights into the automation features of QuickBooks Online and how they can simplify accounting tasks.
Program Overview
Introduction to Bookkeeping & QuickBooks Online
⏳ 2-4 weeks
Understand the basics of bookkeeping and how it plays a crucial role in managing business finances.
Learn how to set up QuickBooks Online, create a company profile, and connect bank accounts for automated transaction tracking.
Explore the interface of QuickBooks Online and learn how to navigate the dashboard.
Setting Up QuickBooks Accounts & Managing Financial Data
⏳ 4-6 weeks
- Learn how to set up chart of accounts, including asset, liability, income, and expense accounts.
- Study how to record financial transactions, including sales, purchases, and payments.
- Understand how to reconcile bank accounts and ensure the accuracy of your financial data.
Invoicing, Billing, & Managing Payments
⏳ 4-6 weeks
- Learn how to create and send invoices to customers and manage accounts receivable.
- Explore how to record payments and deposits, and handle partial payments or refunds.
- Study how to track overdue invoices and automate reminders for customers.
Accounts Payable & Payroll
⏳ 4-6 weeks
- Understand how to manage accounts payable, including entering bills and making payments to vendors.
- Learn how to create purchase orders and track outstanding bills.
- Explore payroll features in QuickBooks Online, including setting up employee profiles, tracking hours, and processing payroll.
Financial Reporting & Analysis
⏳6-8 weeks
Learn how to generate key financial reports, including profit and loss statements, balance sheets, and cash flow reports.
Study how to use these reports to analyze your business’s financial health and make informed decisions.
Understand the importance of year-end financial reports and how to prepare for tax season.
Taxes & Year-End Procedures
⏳ 4-6 weeks
- Learn how to manage sales tax, track tax liabilities, and generate tax reports.
- Study the steps to close your books at the end of the fiscal year and prepare for tax filing.
- Explore how to generate and file 1099 forms for contractors and freelancers.
Final Project: Managing a Full Accounting Cycle with QuickBooks Online
⏳6-8 weeks
Apply the knowledge gained throughout the course to manage a full accounting cycle for a small business.
Set up QuickBooks Online, record financial transactions, create financial reports, and close the books at the end of the period.
Present your final project for feedback and improvement.
Get certificate
Job Outlook
- Bookkeeping and accounting professionals are in high demand across all industries, particularly in small businesses and startups that need affordable accounting solutions.
- QuickBooks Online skills are highly sought after by employers, and entry-level bookkeeping roles can expect salaries ranging from $40K to $60K, with experienced professionals earning upwards of $80K.
- Expertise in bookkeeping software like QuickBooks Online is also valuable for freelancers or consultants in accounting services.
Specification: Bookkeeping in QuickBooks Online (Bookkeeping & accounting)
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