10101143QuickBooks
Course Information
Description
Student users work hands on in QuickBooks Online to set-up company files; enter vendor, customer, and inventory data; track business activities; process payroll; prepare bank reconciliations, along with adjustments and year-end procedures; and create useful reports. A tutorial approach is followed using a textbook and practice problem company files. This course provides a good foundation to begin preparation to taking the Intuit QuickBooks Certified User exam through Certiport. This exam is not a requirement of the course.
Total Credits
2
Course Competencies
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Create and maintain a new company in QuickBooks OnlineAssessment Strategiesby satisfactorily demonstrating competency through a simulation projectby satisfactorily completing any course quizzes and/or examsCriteriaSet up Intuit QuickBooks OnlineCreate and manage the Chart of AccountsDemonstrate the ability to customize windows, lists, and reportsDemonstrate and understand the difference between editing, voiding, and deleting transactionsDemonstrate accounting for a service businessDemonstrate accounting for a merchandising business
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Analyze vendors, purchases, and inventory in QuickBooks OnlineAssessment Strategiesby satisfactorily demonstrating competency through a simulation projectby satisfactorily completing any course quizzes and/or examsCriteriaCreate and manage the vendor listCreate and manage the products and services listDemonstrate creating and paying billsDemonstrate inventory managementDemonstrate expense managementRun and analyze vendor reportsRun and analyze inventory reports
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Analyze customers and sales in QuickBooks OnlineAssessment Strategiesby satisfactorily demonstrating competency through a simulation projectby satisfactorily completing any course quizzes and/or examsCriteriaCreate and manage the customer listDemonstrate invoicing and receiving paymentRun and analyze customer reportsDemonstrate revenue management
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Complete the employee payroll process in QuickBooks OnlineAssessment Strategiesby satisfactorily demonstrating competency through a simulation projectby satisfactorily completing any course quizzes and/or examsCriteriaCreate and manage the employees listCustomize payroll settingsDemonstrate tracking time for employeesDemonstrate paying employees and payroll taxesRun and analyze payroll reportsRun and analyze time-tracking reports
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Demonstrate banking transactions in QuickBooks OnlineAssessment Strategiesby satisfactorily demonstrating competency through a simulation projectby satisfactorily completing any course quizzes and/or examsCriteriaPrepare a bank reconciliationDemonstrate transferring fundsRecord and manage credit card charges
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Demonstrate period-end procedures in QuickBooks OnlineAssessment Strategiesby satisfactorily demonstrating competency through a simulation projectby satisfactorily completing any course quizzes and/or examsCriteriaRecord adjusting entriesProcess fiscal year closingRun and analyze the general journal and general ledgerRun and analyze the trial balance and the adjusted trial balanceRun and analyze the profit and loss statement and the balance sheet