Quickbooks Online Bookkeeping Course with Intuit Academy

The QuickBooks Online Bookkeeping Course with Intuit Academy is a fantastic resource for anyone looking to improve their bookkeeping skills. This comprehensive course is designed to help you master the basics of bookkeeping and accounting.

With over 20 hours of online training, you'll learn how to navigate QuickBooks Online and perform essential tasks such as setting up and managing your chart of accounts, tracking income and expenses, and creating financial reports.

The course is self-paced, allowing you to learn at your own speed, and includes interactive exercises and quizzes to reinforce your understanding of the material.

Our online QuickBooks bookkeeping course covers a range of topics to help you master the skills you need to succeed.

You'll learn advanced accounting principles through our online courses, which provide in-depth training on QuickBooks.

We also cover the basics of bookkeeping, including defining accounting and the concepts of accounting measurement. This is essential for understanding how bookkeepers work and the importance of accurate financial information.

Here's a summary of what you can expect to learn in our bookkeeping basics section:

As you start learning about bookkeeping, it's essential to understand the basics. Bookkeeping is the process of recording and managing financial transactions, and it's a fundamental aspect of accounting.

Bookkeeping involves defining accounting and the concepts of accounting measurement. This includes understanding the different types of measurements used in accounting, such as cash and accrual.

A bookkeeper plays a crucial role in a business, responsible for tasks like recording financial transactions, preparing financial statements, and maintaining accurate records. They're also responsible for summarizing the double entry accounting method, which is a fundamental concept in accounting.

In accounting, assets are a key component of the accounting equation. Assets include items like cash, inventory, and property. A business may have different types of assets, such as current assets, non-current assets, and intangible assets.

Here are some common types of assets a business may have:

In addition to understanding assets, it's also important to recognize the importance of control over inventory. This includes tracking inventory levels, monitoring inventory movements, and ensuring that inventory is properly accounted for.

Depreciation expense is also an important concept in accounting. It's reported on the income statement and represents the decrease in value of an asset over time.

Liabilities are a crucial part of a company's financial picture. They are debts or obligations that a business must pay off, and there are three main characteristics of liabilities: they are debts or claims against a business, they are expected to be paid in the future, and they are typically settled through the transfer of assets or services.

Liabilities can be a source of stress for business owners, but understanding them is key to making informed financial decisions. In payroll accounting, for example, liabilities include amounts owed to employees for wages, taxes, and benefits.

Equity, on the other hand, represents the ownership interest in a business. It's the residual interest in assets after deducting liabilities. There are different types of equity, including common stock, preferred stock, and retained earnings.

The accounting equation is a fundamental concept in accounting that helps describe the financial position of an organization. It's simple: Assets = Liabilities + Equity. This equation shows that a business's assets are financed by either liabilities or equity.

Here are some key differences between various types of equity:

In this QuickBooks Online Bookkeeping Course, you'll learn the foundation of basic bookkeeping concepts and accounting measurement. You'll gain a solid understanding of how to work through the various phases of the accounting cycle to produce key financial statements.

The course covers essential bookkeeping concepts, including measuring and valuation in accounting. You'll examine assets, liabilities, and equity accounts and their effect on the balance sheet.

You'll learn how to record, track, and analyze a company's finances in a professional manner. The course covers topics such as bookkeeping equations, journal and entry systems, and financial statements.

Some of the key skills you'll gain include:

You'll also learn how to analyze financial statements, troubleshoot errors, and explain how financial statements support decision making. The course covers advanced concepts in bookkeeping and accounting, including partnerships, corporations, and non-profit organizations.

QuickBooks Online has become a go-to accounting software package for new and small businesses.

It offers a range of free online courses to teach users how to use the software effectively.

The training covers the basics of QuickBooks Online, including bookkeeping, preparing and filing tax returns, and bank reconciliations.

QuickBooks Online provides a comprehensive VAT course for users who need to navigate value-added tax requirements.

The software also includes a Q&A section to help users troubleshoot any issues they may encounter.

QuickBooks Online offers a variety of free training resources to help users get the most out of the software.

You can learn how to close the books and run a period end with QuickBooks Online's training videos.

To manage user access, you can view, add, delete, and edit users within the software.

QuickBooks Online also allows you to edit and delete transactions, which is useful for correcting errors or removing unnecessary entries.

Using account numbers on the chart of accounts is a good practice for organizing and tracking financial information.

You can enable multiple currencies within QuickBooks Online to accommodate businesses that operate in different countries.

The Banking Feed on QuickBooks Online helps you reconcile your bank statements and stay on top of your finances.

Using Bank Feed Rules can help you automate the reconciliation process and reduce errors.

QuickBooks Online provides a guide to managing projects, including setting up tasks and tracking progress.

You can use Purchase Orders to manage your business's purchasing process and ensure that you're staying within budget.

Changing the company's financial year is a useful feature for businesses that operate on a non-standard fiscal calendar.

QuickBooks Online allows you to track mileage expenses and add them to customer accounts for reimbursement.

Bill expenses to customer accounts is a useful feature for managing your business's expenses and staying organized.

You can create a journal on QuickBooks Online, including recurring journals, to track and record financial transactions.

Customer Reports in QuickBooks Online provide valuable insights into your business's customer activity and sales performance.

It takes about four months to complete the professional certificate on a part-time basis of less than four hours of study per week.

If you have time to devote more time each week to online learning, you can complete the certificate in less time.

The Intuit Academy offers a range of courses to help you learn bookkeeping and accounting skills. You can enroll in the Intuit Academy Bookkeeping program without prior experience, and it's a self-paced course that takes around three months to complete.

The course covers essential topics such as the accounting cycle and financial statements, tracking assets and creating reports for businesses, liabilities and changes in equity, and analyzing financial statements to help with business decisions. You'll also complete a project that showcases your skills and helps you build a portfolio for your job search.

Upon completing the course, you'll be eligible to take the Intuit Academy Bookkeeping exam and earn a badge that demonstrates your understanding of bookkeeping and accounting. This badge can be used to show potential employers or clients that you have the necessary skills.

QuickBooks Online has become one of the most popular accounting software packages for new and small businesses. The Intuit Academy offers free online courses to help you get started.

You can access the basics of QuickBooks Online through their free courses. The training covers essential topics like bookkeeping and tax returns.

QuickBooks Online has a dedicated Bank Reconciliation Course to help you manage your finances. This course is a must-have for anyone new to the software.

Preparing and filing tax returns is a crucial aspect of accounting, and the Intuit Academy has a course specifically designed for this purpose.

The Intuit Academy is a fantastic resource for anyone looking to start a career in bookkeeping or accounting. You can enroll in the Intuit Academy Bookkeeping program without any prior experience, and it's a self-paced course that takes around three months to complete.

The course covers essential topics such as the accounting cycle and financial statements, tracking assets and creating reports for businesses, liabilities and changes in equity, and how to analyze financial statements to help with business decisions. You'll also complete a project that showcases your skills and helps you build a portfolio for your job search.

Throughout the course, you'll have the opportunity to work on real-world scenarios and gain practical experience with QuickBooks Online. This is a great way to get hands-on experience and build your skills in a supportive and interactive environment.

After completing the coursework, you'll be well-prepared to sit for the Intuit Academy Bookkeeping exam and earn your badge. This badge is a valuable credential that can be used to demonstrate your understanding of bookkeeping and accounting to potential employers.

Here's a summary of the course topics:

By completing the Intuit Academy Bookkeeping program, you'll gain the knowledge and skills you need to launch a successful career in bookkeeping or accounting.