Quickbooks/Bookkeeping Training

Quickbooks/Bookkeeping Training (seven modules- Seven Sessions)

Each session is combination of an online or live class and hands-on practice session

Free training (Payment should be made of Online practice and material)

Job opportunities for well-accomplished trainees.

Introduction & Terminology

Types of Firms (like LLC, Corporations etc.,), Business Activities, Preparer setup, Client creation, Edit, Merge or Delete an Account, Asserts, Liabilities, Income Statements, Revenue, Expenses, Accounting period, Depreciation, General Ledger, Interest, Inventory, Journals, Payroll, Trial Balance

Account Payables and Receivables

Vendor setup, Invoices, Payments, Check Print, Check Writer, Check Alignment and 1099-Misc., Sales Tax Setup, Customer Setup, GL Account Setup, Invoice Item Setup and Apply Payments

Account Methods & Management

Cash Method, Accrual Method, The Journal, Ledger and Cash management, Bank Reconciliation and Update Prior year

Financial Statements & Balance Sheet

Income Statement, Cash flow statement, Capital Statement, Types of Assets and Liabilities and Equity

Payroll Accounting

Employer Setup, Direct Deposit Setup, Security Setup, Employee Payroll Setup, Transmit Direct Deposit, Net Wages, Employee tax Withholding, Employer Tax Expenses, Tracking Accrued Leave, FICA, Setup – MICR Bank Accounts, Check & Stub Options, Report Options and Electronic Signatures.

End of Period Procedures

Depreciating Your Assets, Assets Reconciling Cash, Reconciling Investments, Working with the Trial Balance, Bad Debt, Posting Adjustments and Corrections

 

Forms & Reports

Form 94x, W-2 and 1099/1098, Federal Forms, State Tax & Wage Forms and Update Prior Year, Print Blank Forms, Print Mailing Labels, Review Reports, Spread Sheets and Client Transfer