Professional Bookkeeping With Quickbooks Online
Learn Bookkeeping with QuickBooks Online
Whether you want to work as a bookkeeper for a small business or you want to keep better records of your own finances, knowing how to use QuickBooks software can help you achieve your goals. This 100% online course will teach you how to use QuickBooks online for basic accounting, double-entry bookkeeping and more.
Online Bookkeeping and QuickBooks Training
Job Outlook for Bookkeepers
According to PayScale.com, bookkeepers earn on average $17.37 per hour. Top bookkeepers’ earnings exceed $56,900.
CareerBuilder.com cites bookkeeping skills as highly transferable to financial supervisory, analysis or managerial roles. The site calls bookkeeper an “ideal choice” for those who are motivated to keep organizations on track with regard to their finances.
Technology is highly relevant to the bookkeeper’s role. Mastering QuickBooks is the key to matching bookkeeping skills with expanding requirements for analysis, visual data presentation, and reporting that provides value-added to the traditional bookkeeper’s duties.
Bookkeepers serve on the front lines of a person, company, or organization’s financial health. Strong bookkeepers set up, deploy and manage systems that record the flow of funds into and out of an entity’s coffers. Using reporting tools and systems, bookkeepers help individuals and operational managers stay aware of and improve an entity’s financial status and performance.
QuickBooks® has replaced the manual entry functions of traditional bookkeeping. However, the organization, reporting and use of financial data still rely heavily on human input and processing. Knowing how to automate your bookkeeping practice with QuickBooks is an important aspect to staying competitive in today’s job market.
In many cases, yes. Because QuickBooks is the top rated accounting software for small businesses, you likely know a company that already uses it. Moreover, companies are looking for someone who can hit the ground running. If you’re a QuickBooks expert, you can walk into any small business and immediately organize their finances.
Because bookkeeping relies heavily on technology and can be done almost entirely using digital tools, it is considered an excellent prospect for remote, contract, and work-at-home career opportunities.
Perform basic bookkeeping equations
Set up and utilize QuickBooks Online
Enter data accurately
Use double-entry accounting
Understand the impacts of debits and credits for all account types
There are no prerequisites to take this course.
Creating a QuickBooks company file for a business; working with and securing company files
BOOKKEEPING BUILDING BLOCKS
Apply bookkeeping concepts to accounting problems; running QuickBooks reports for the general journal and ledger, as well as subsidiary journals
PREPARING THE COMPANY FILE
Adding, changing and working with the Chart of Accounts in QuickBooks; administering company lists by adding customers and vendor
CASH AND FIXED ASSET TRANSACTIONS
Recording bank account transactions by entering cash account transactions and completing a bank reconciliation; recording fixed assets and depreciation
UNDERSTANDING ACCOUNTS PAYABLE
Recording bills by entering various accounts payable transactions; producing accounts payable history and reports
REVIEWING ACCOUNTS RECEIVABLE
Demonstrating the invoice procedure by producing a customer invoice; producing batches of invoices and customer letters
MANAGING INVENTORY TRANSACTIONS
Creating and revising customer estimates, assigning classes, adding and editing multiple list entries; ordering and selling inventory by creating sales and purchase orders and receiving inventory
CLOSING THE BOOKS AND REPORTING IN QUICKBOOKS
Closing the books and running reports in QuickBooks; Career roadmap: the job market and how to navigate it
Helene K. Liatsos
Helene K. Liatsos is business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company Home Office Management Experts was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.