Course

10101143 QuickBooks
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 (Course Outcomes)
  1. Create and maintain a new company in QuickBooks Online
    Assessment Strategies
    by satisfactorily demonstrating competency through a simulation project
    by satisfactorily completing any course quizzes and/or exams
    Criteria
    Set up Intuit QuickBooks Online
    Create and manage the Chart of Accounts
    Demonstrate the ability to customize windows, lists, and reports
    Demonstrate and understand the difference between editing, voiding, and deleting transactions
    Demonstrate accounting for a service business
    Demonstrate accounting for a merchandising business

  2. Analyze vendors, purchases, and inventory in QuickBooks Online
    Assessment Strategies
    by satisfactorily demonstrating competency through a simulation project
    by satisfactorily completing any course quizzes and/or exams
    Criteria
    Create and manage the vendor list
    Create and manage the products and services list
    Demonstrate creating and paying bills
    Demonstrate inventory management
    Demonstrate expense management
    Run and analyze vendor reports
    Run and analyze inventory reports

  3. Analyze customers and sales in QuickBooks Online
    Assessment Strategies
    by satisfactorily demonstrating competency through a simulation project
    by satisfactorily completing any course quizzes and/or exams
    Criteria
    Create and manage the customer list
    Demonstrate invoicing and receiving payment
    Run and analyze customer reports
    Demonstrate revenue management

  4. Complete the employee payroll process in QuickBooks Online
    Assessment Strategies
    by satisfactorily demonstrating competency through a simulation project
    by satisfactorily completing any course quizzes and/or exams
    Criteria
    Create and manage the employees list
    Customize payroll settings
    Demonstrate tracking time for employees
    Demonstrate paying employees and payroll taxes
    Run and analyze payroll reports
    Run and analyze time-tracking reports

  5. Demonstrate banking transactions in QuickBooks Online
    Assessment Strategies
    by satisfactorily demonstrating competency through a simulation project
    by satisfactorily completing any course quizzes and/or exams
    Criteria
    Prepare a bank reconciliation
    Demonstrate transferring funds
    Record and manage credit card charges

  6. Demonstrate period-end procedures in QuickBooks Online
    Assessment Strategies
    by satisfactorily demonstrating competency through a simulation project
    by satisfactorily completing any course quizzes and/or exams
    Criteria
    Record adjusting entries
    Process fiscal year closing
    Run and analyze the general journal and general ledger
    Run and analyze the trial balance and the adjusted trial balance
    Run and analyze the profit and loss statement and the balance sheet