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Quickbooks Online 2020

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Certificate

Dedicated Tutors

75 Videos
2 Hrs 55 Min
75 Test Questions

Quickbooks Online 2020

Course Highlights

Closed Caption

Certificate

Dedicated Tutors

2 Hrs 55 Min
75 Videos

Quickbooks Online 2020

Course Description

2 Hrs 55 Min

75 Videos

The “QuickBooks Online 2020 Course” is a specialized training program designed to teach individuals or professionals how to effectively use QuickBooks Online, a cloud-based accounting software developed by Intuit. Small to medium-sized businesses widely use QuickBooks Online courses, which offer a range of financial management features. Here’s a comprehensive overview of what you can expect from such a course:

Course Overview:

Introduction to QuickBooks Online 2020: The course begins with an introduction to QuickBooks Online, explaining its significance in modern business operations and the benefits of using a cloud-based accounting system.

Getting Started:

Setting Up Your Company: Participants will learn how to create and configure their company’s profile within QuickBooks Online, including adding business details, setting up tax preferences, and creating a chart of accounts.

Financial Management:

Recording Transactions: The course covers the process of entering and categorizing financial transactions, including income, expenses, invoices, bills, and payments.

Bank and Credit Card Reconciliation: Participants will learn how to reconcile bank and credit card statements within QuickBooks Online to ensure accurate financial records.

Advanced Features:

Advanced Transaction Handling: The course may delve into more complex transactions such as handling sales tax, creating journal entries, and dealing with foreign currency.

Financial Reporting:

Generating Financial Reports: Participants will explore the reporting capabilities of QuickBooks Online, including balance sheets, profit and loss statements, cash flow statements, and custom reporting.

Budgeting: Some courses cover budget creation and tracking to help businesses plan and manage their finances effectively.

Inventory Management:

Inventory Tracking: For businesses with inventory, the course may include lessons on how to set up and manage inventory items, track stock levels, and perform inventory reconciliations.

Payroll Management:

Payroll Processing: Participants will learn how to set up and process payroll within QuickBooks Online, including calculating employee salaries, and taxes, and generating paychecks.

Integration and Add-Ons:

Connecting Third-Party Apps: Some courses cover integrating QuickBooks Online with other business software and add-ons to enhance functionality, such as e-commerce platforms or time-tracking tools.

User Management and Security:

User Access and Permissions: The course includes guidance on managing user access, setting permissions, and ensuring data security within QuickBooks Online.

Mobile Access:

Using the Mobile App: Participants may explore how to use the QuickBooks Online mobile app to access financial data and perform tasks on the go.

Certification Preparation:

QuickBooks Certification: Some courses offer preparation for QuickBooks Online certification exams, such as the QuickBooks Certified User exam.

Practical Exercises:

Hands-On Practice: We may include practical exercises and real-world scenarios to allow participants to apply what they’ve learned and gain hands-on experience.

Duration and Delivery: The duration of a QuickBooks Online 2020 Course can vary, typically ranging from a few days to several weeks. Instructors may offer courses in traditional classroom settings, virtually, or through self-paced online modules.

Target Audience: This course is ideal for business owners, accountants, bookkeepers, and anyone responsible for financial management in small to medium-sized businesses.

By completing the QuickBooks Online 2020 Course, individuals can become proficient in using QuickBooks Online for efficient financial management, accurate record-keeping, and streamlined business operations. This knowledge is invaluable for businesses looking to optimize their financial processes and maintain accurate financial records.


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Course Highlights

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Step-by-Step Courses List

Chapter One:

Module 1: Setup and Maintenance

  1. Course Intro
  2. Knowing Which Account is Right for You
  3. Getting Started
  4. User SetupAccess Rights
  5. User Setup Completion
  6. Adding Employees to PayrollInviting your Accountant
  7. Dashboard and 3 Ways to Navigate QBO
  8. Commonly Used Forms
  9. Module 1 Summary
Chapter Two:

Module 2: List Management

  1. Defining Lists
  2. Importing Lists
  3. Employee vs 1099
  4. Adding and Removing Entries
  5. Updating Entries
  6. Editing and Managing List Elements
  7. Merging Items (entries)
  8. Form Requirements
  9. Module 2 Summary
Chapter Three:

Module 3: Sales (Money-in)

  1. Product and Service Setup
  2. Customer Setup Demo
  3. Invoicing Workflows
  4. Tracking Audit History Demo
  5. Customer Statements
  6. Recording Sales
  7. Sales Receipt Workflow
  8. Undeposited Funds Account
  9. Accounts Receivable Impact
  10. Impact of Connecting Your Back Account to QBO
  11. Billable Expense Invoicing
  12. Recording a Customer Credit
  13. Delayed Charges
  14. Estimates
  15. Module 3 Summary
Chapter Four:

Module 4: Purchases (Money-out)

  1. Product and Service Setup on Purchase Forms
  2. Vendor Setup
  3. Purchase Order Transactions
  4. Entering and Paying Bills
  5. Recording Checks
  6. Recording Credit and Debit Card Transactions
  7. Recording Vendor Credits
  8. Voiding vs Deleting Checks
  9. Recording EFT’s, Online Payments, Wire Transfers
  10. Vendor Page and Report Insights
  11. Module 4 Summary
Chapter Five:

Module 5: Accounting

  1. Basic Financial Statements
  2. Financial Statements Expanded
  3. Cash and Accrual Accounting Reporting
  4. Difference Between Cash and Accrual Reporting
  5. Setting a Closing Date
  6. Balancing Your Books aka Reconciling Demo
  7. Journal Entries
  8. Audit Log Insights
  9. Project Profitability Demo
  10. Module 5 Summary
Chapter Six:

Module 6: Reports

  1. Customized Reports
  2. Commonly Used Reports Demo
  3. Setup Automatic Report Emails
  4. Collapse and Expand Report Function
  5. Exporting and Importing Reports
  6. Module 6 Summary
Chapter Seven:

Module 7: Customizations and Time Savers

  1. Tracking Income and Expenses for Multiple Locations
  2. Organizing your Chart of Accounts
  3. Custom Fields on Invoices
  4. Recurring Transactions
  5. 4Customizing a Sales Forms
  6. 4Keyboard Shortcuts
  7. 4QBO Mobile App Preview
  8. 4Connecting Third Party Apps to QBO
  9. 4Module 7 Summary
Chapter Eight:

Module 8: Extra

  1. Common Mistakes QBO Users Make
  2. Final Note on Bookkeeping Best Practices
  3. Why QBO is Awesome
  4. Course Outro
  5. Defining Terms and Sample Quiz Questions

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You Will Get Certification After Completion of This Course.

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Frequently Asked Questions

Instructional methods, course requirements, and learning technologies can vary significantly from one online program to the next, but the vast bulk of them use a learning management system (LMS) to deliver lectures and materials, monitor student progress, assess comprehension, and accept student work. LMS providers design these platforms to accommodate a multitude of instructor needs and preferences.

Online education may seem relatively new, but years of research suggests it can be just as effective as traditional coursework, and often more so. According to a U.S. Department of Education analysis of more than 1,000 learning studies, online students tend to outperform classroom-based students across most disciplines and demographics. Another major review published the same year found that online students had the advantage 70 percent of the time, a gap authors projected would only widen as programs and technologies evolve.

All new learning innovations are met with some degree of scrutiny, but skepticism subsides as methods become more mainstream. Such is the case for online learning. Studies indicate employers who are familiar with online degrees tend to view them more favorably, and more employers are acquainted with them than ever before. The majority of colleges now offer online degrees, including most public, not-for-profit, and Ivy League universities. Online learning is also increasingly prevalent in the workplace as more companies invest in web-based employee training and development programs.

The concern that online students cheat more than traditional students is perhaps misplaced. When researchers at Marshall University conducted a study to measure the prevalence of cheating in online and classroom-based courses, they concluded, “Somewhat surprisingly, the results showed higher rates of academic dishonesty in live courses.” The authors suggest the social familiarity of students in a classroom setting may lessen their sense of moral obligation.

Choosing the right course takes time and careful research no matter how one intends to study. Learning styles, goals, and programs always vary, but students considering online courses must consider technical skills, ability to self-motivate, and other factors specific to the medium. Online course demos and trials can also be helpful.
Our platform is typically designed to be as user-friendly as possible: intuitive controls, clear instructions, and tutorials guide students through new tasks. However, students still need basic computer skills to access and navigate these programs. These skills include: using a keyboard and a mouse; running computer programs; using the Internet; sending and receiving email; using word processing programs; and using forums and other collaborative tools. Most online programs publish such requirements on their websites. If not, an admissions adviser can help.

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Frequently Asked Questions

Instructional methods, course requirements, and learning technologies can vary significantly from one online program to the next, but the vast bulk of them use a learning management system (LMS) to deliver lectures and materials, monitor student progress, assess comprehension, and accept student work. LMS providers design these platforms to accommodate a multitude of instructor needs and preferences.

Online education may seem relatively new, but years of research suggests it can be just as effective as traditional coursework, and often more so. According to a U.S. Department of Education analysis of more than 1,000 learning studies, online students tend to outperform classroom-based students across most disciplines and demographics. Another major review published the same year found that online students had the advantage 70 percent of the time, a gap authors projected would only widen as programs and technologies evolve.

All new learning innovations are met with some degree of scrutiny, but skepticism subsides as methods become more mainstream. Such is the case for online learning. Studies indicate employers who are familiar with online degrees tend to view them more favorably, and more employers are acquainted with them than ever before. The majority of colleges now offer online degrees, including most public, not-for-profit, and Ivy League universities. Online learning is also increasingly prevalent in the workplace as more companies invest in web-based employee training and development programs.

The concern that online students cheat more than traditional students is perhaps misplaced. When researchers at Marshall University conducted a study to measure the prevalence of cheating in online and classroom-based courses, they concluded, “Somewhat surprisingly, the results showed higher rates of academic dishonesty in live courses.” The authors suggest the social familiarity of students in a classroom setting may lessen their sense of moral obligation.

Choosing the right course takes time and careful research no matter how one intends to study. Learning styles, goals, and programs always vary, but students considering online courses must consider technical skills, ability to self-motivate, and other factors specific to the medium. Online course demos and trials can also be helpful.
Our platform is typically designed to be as user-friendly as possible: intuitive controls, clear instructions, and tutorials guide students through new tasks. However, students still need basic computer skills to access and navigate these programs. These skills include: using a keyboard and a mouse; running computer programs; using the Internet; sending and receiving email; using word processing programs; and using forums and other collaborative tools. Most online programs publish such requirements on their websites. If not, an admissions adviser can help.

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Description

The “QuickBooks Online 2020 Course” is a specialized training program designed to teach individuals or professionals how to effectively use QuickBooks Online, a cloud-based accounting software developed by Intuit. Small to medium-sized businesses widely use QuickBooks Online courses, which offer a range of financial management features. Here’s a comprehensive overview of what you can expect from such a course:

Course Overview:

Introduction to QuickBooks Online 2020: The course begins with an introduction to QuickBooks Online, explaining its significance in modern business operations and the benefits of using a cloud-based accounting system.

Getting Started:

Setting Up Your Company: Participants will learn how to create and configure their company’s profile within QuickBooks Online, including adding business details, setting up tax preferences, and creating a chart of accounts.

Financial Management:

Recording Transactions: The course covers the process of entering and categorizing financial transactions, including income, expenses, invoices, bills, and payments.

Bank and Credit Card Reconciliation: Participants will learn how to reconcile bank and credit card statements within QuickBooks Online to ensure accurate financial records.

Advanced Features:

Advanced Transaction Handling: The course may delve into more complex transactions such as handling sales tax, creating journal entries, and dealing with foreign currency.

Financial Reporting:

Generating Financial Reports: Participants will explore the reporting capabilities of QuickBooks Online, including balance sheets, profit and loss statements, cash flow statements, and custom reporting.

Budgeting: Some courses cover budget creation and tracking to help businesses plan and manage their finances effectively.

Inventory Management:

Inventory Tracking: For businesses with inventory, the course may include lessons on how to set up and manage inventory items, track stock levels, and perform inventory reconciliations.

Payroll Management:

Payroll Processing: Participants will learn how to set up and process payroll within QuickBooks Online, including calculating employee salaries, and taxes, and generating paychecks.

Integration and Add-Ons:

Connecting Third-Party Apps: Some courses cover integrating QuickBooks Online with other business software and add-ons to enhance functionality, such as e-commerce platforms or time-tracking tools.

User Management and Security:

User Access and Permissions: The course includes guidance on managing user access, setting permissions, and ensuring data security within QuickBooks Online.

Mobile Access:

Using the Mobile App: Participants may explore how to use the QuickBooks Online mobile app to access financial data and perform tasks on the go.

Certification Preparation:

QuickBooks Certification: Some courses offer preparation for QuickBooks Online certification exams, such as the QuickBooks Certified User exam.

Practical Exercises:

Hands-On Practice: We may include practical exercises and real-world scenarios to allow participants to apply what they’ve learned and gain hands-on experience.

Duration and Delivery: The duration of a QuickBooks Online 2020 Course can vary, typically ranging from a few days to several weeks. Instructors may offer courses in traditional classroom settings, virtually, or through self-paced online modules.

Target Audience: This course is ideal for business owners, accountants, bookkeepers, and anyone responsible for financial management in small to medium-sized businesses.

By completing the QuickBooks Online 2020 Course, individuals can become proficient in using QuickBooks Online for efficient financial management, accurate record-keeping, and streamlined business operations. This knowledge is invaluable for businesses looking to optimize their financial processes and maintain accurate financial records.


Talk to a Career Coach!


Train & Earn with Guaranteed Career Coaching Success!

5 reviews for Quickbooks Online 2020

  1. Varun Desai –

    This QuickBooks Online 2020 course is a lifesaver! It walks you through everything from setting up accounts to managing payroll and generating reports. The hands-on exercises helped me understand real-world applications. Highly recommended for small business owners and accountants!

  2. Rachel Simmons –

    An excellent and well-organized course! It covers all the essential QuickBooks features in a clear and practical way. The lessons on invoicing, bank reconciliation, and tax preparation were especially helpful. A must-take for anyone looking to improve their accounting skills!

  3. Akash Mehra –

    This course exceeded my expectations! The step-by-step tutorials made it easy to understand even the more complex functions of QuickBooks. I now feel confident managing financial records for my business. The instructor explains everything in a simple and engaging way!

  4. Linda Gomez –

    A comprehensive QuickBooks training program that’s perfect for beginners and professionals alike. The course covers all aspects of bookkeeping, including expense tracking, sales reports, and tax filings. The practical exercises were a great addition!

  5. Jason Lee –

    This is by far one of the best QuickBooks courses I’ve taken! The training is very detailed and easy to follow, making it perfect for small business owners like me. The section on automating financial tasks saved me so much time. Highly recommend!

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