QuickBooks – Level 2

Outline of topics:

Note: This outline is not conclusive and may change depending on the skill level of participants.

• Managing Physical Inventory
  • Tracking Inventory in QuickBooks
  • Setting Up the Item List
  • Dealing with Sales Tax in QuickBooks
  • Creating Purchase Orders
  • Receiving Items
  • Selling Inventory Items
  • Receiving Discounted and Electronic Payments
  • Working with Refunds
  • Producing Inventory Reports
• Working with Balance Sheet Accounts and Budgets
  • Working with Other Current Assets
  • Paying Down the Other Current Asset Account
  • Tracking Petty Cash
  • Writing Off Uncollectable Receivables
  • Working with Fixed Assets
  • Current Liabilities
  • Setting Up a Long Term Liability
  • Working with Equity Accounts
  • Budgeting and Predicting in QuickBooks
• Using QuickBooks for Payroll
  • Working with Employees in QuickBooks
  • Working with an Outside Payroll Service
  • Setting Up QuickBooks to Run Payroll
  • Payroll Deductions
  • Creating Paychecks
  • Tracking and Paying Payroll Liabilities
  • Correcting Payroll Errors
  • Working with 1099s and Processing Payroll Forms and Reports
• Job Costing, Creating Estimates, and Time Tracking
  • Job Costing
  • Create a Progress Invoice
  • Unearned Income
  • Assessing Finance Charges and Producing Statements
  • Time Tracking and Mileage Features
  • Using Time Tracking Hours for Paychecks and Invoices
  • Jobs, Time & Mileage Tracking Reports
• Customizing and Integrating in QuickBooks
  • Working with Customer & Vendor Profile Lists
  • Creating Custom Fields
  • Setting Price Levels
  • Setting Billing Rate Levels
  • Customizing Reports and Graphs
  • Additional Report Formatting Options
  • Creating Custom Forms
  • Integrating with Microsoft Office