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Self-paced training
Mastering Accounting Basics for QuickBooks Online
What's includedIncluded
What you'll learnTopics
FAQ

Free updates – for life!

QuickBooks Online changes often. But you don’t have to worry about outdated training. Unlike other software training that eventually becomes outdated when the software changes, your purchase includes all the updates we make in the future. Rest assured knowing you have the latest and greatest content…at no additional cost.

Full High Definition video

The course is filmed in crystal clear HD so you don’t miss any details. Expand the viewing area to full screen or watch it in a smaller format…either way, you can easily follow the instructions and see every detail

Access to the course anywhere anytime

You can view the course as many times as you want from any device connected to the internet.

All the accounting concepts you need to understand – and how to apply them in practical easy to understand steps

First you learn an accounting principle or concept and WHY it’s important to your business. Then you see how to apply it in QuickBooks Online. Accounting 101 for the REAL WORLD!

Accounting Basics
Definition of Accounting from a small business perspective
Explanation of why you need accounting
Financial statements…what are they?
What is an account?
Double entry accounting and how it applies to QuickBooks
Debits and credits…the essence of accounting
The Accounting Cycle (who does what and when?)
What is the accounting cycle and why is it important?
Daily accounting tasks
Weekly accounting tasks
Pay period accounting tasks
Monthly accounting tasks
Quarterly accounting tasks
Annual accounting tasks
Key tasks within each cycle demonstrated in QuickBooks
Closing the books
Restricting access to closed periods
Accounting Principles
Intro to accounting principles…the foundation of accounting
Reporting principle
Reliability principle
Comparability principle
Cost principle
Revenue principle
Matching principle
Applying the principles
Working with Your Accountant
Speaking the same language as your accountant!
Creating a client/accountant agreement
Methods for getting information to your accountant
Accountant's Copy Process
Special reports for your accountant (journal report, general ledger, transaction entry journal, and trial balance)
Accounting Basics in QuickBooks Online
The balance sheet and profit & loss statement
Working with account types
Setting up the chart of accounts
Management reporting vs. financial reporting
Working with subaccounts
Techniques to review account detail
Understanding debits/credits in common QuickBooks transactions (checks, invoices, payments, deposits, bills, bill payments, and journal entries)
More Accounting
Using account numbers
Setting up classes to segment financial statements
Budgeting and planning in QuickBooks
Cash vs. accrual accounting
Understanding and using retained earnings
Year-end closing entries
Finding prior year changes
Reviewing Numbers for Accuracy
Basic review techniques
Using QuickZoom as an investigative tool
Reconciling accounts to external documentation
Verifying numbers on key reports
Checking balances for accounts receivable, accounts payable, and inventory
Analyzing and Interpreting Data
Basic financial interpretations
Analyzing business trends
Interpreting variable expenses
Understanding and using key financial ratios (current ratio, return on equity, gross profit margin, and net profit margin)
How does the OnDemand class work?
After you place your order, you receive log-in credentials for the course via email. Follow the link in the email, type your user name and password, and start learning!
Do you offer a money back guarantee on your OnDemand training?
Absolutely! If you are not completely satisfied with the training, send an email to office@quickbookstraining.com within 30 days of your purchase and you will receive a full refund. We stand behind our classes. No hassle. No question.
What is certification and how do I get it?
Students can validate their QuickBooks knowledge by becoming an Intuit QuickBooks Certified User (QBCU). This test is offered at Universities and technical schools and costs $156 for individuals to take. BUT it’s FREE if you enroll in Mastering QuickBooks Level 1! This is a MUST-HAVE for anyone who uses QuickBooks (and wants to prove they can) in their career. If you're interested in this course and would like to get certified, consider our Online Course Bundle or better yet,  the VIP Membership which comes with 5 certification vouchers and even more prep classes!
Are the training courses hands-on?
If you have a QuickBooks Online subscription, you can pause the class and switch to QuickBooks to practice hands-on.
Do I need QuickBooks on my computer?
No. You can view the training on any device with an internet connection. Anytime, anywhere.

No risk, money-back guarantee

We know you'll love our QuickBooks training and we stand behind it 100%. See refund and cancellation details.
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QuickBooks training near your location

United States

Refund and cancellation policies

Live classes To cancel your seat in a live class, please notify us at office@quickbookstraining.com before the first day of your class and you'll receive a full refund. If you attend class and it doesn't meet your expectations, just let your instructor know by the end of the first day of class. Then, you'll receive a full refund. Please note... we do not provide refunds if you don’t attend class. We will, however, keep your credit so that you may attend another class in the future.

Self-paced courses If you're not satisfied for any reason, please send an email to office@quickbookstraining.com within 30 days of purchase and you’ll receive a full refund.

Please note, if you use any of the included QuickBooks Certification vouchers within 30 days, we have to deduct the cost of the vouchers ($156 each) from your refund.

VIP Membership To cancel your membership, please send an email to office@quickbookstraining.com within 30 days of purchase and you'll receive a full refund. Please note, if you use any of the included QuickBooks Certification vouchers within 30 days, we have to deduct the cost of the vouchers ($156 each) from your refund.

After 30 days, we'll stop your monthly subscription for live services (these include weekly live classes, Q&A sessions, and "ask the instructor") but you can keep your access to the entire learning library (including all updates to those courses).

Use of QuickBooks Certification Voucher before refund If your purchase includes a voucher code ($156 value) to take the Intuit QuickBooks Certified User exam, you will lose this voucher if you refund your purchase within 30 days. If you've already registered for the test or taken the test within 30 days, and request a refund, we will deduct the cost of the voucher ($156) from your refund.