Mastering Accounting Basics for QuickBooks
QuickBooks makes the accounting much easier; however QuickBooks users could get more from QuickBooks if they understood accounting basics. This training provides you a good understanding of accounting basics.

Topics

  • Definition of Accounting from a small business perspective
  • Explanation of why you need accounting
  • Detailed explanation of financial statements
  • Double entry accounting and how it applies to QuickBooks
  • Common transactions in terms of debits and credits
  • 6 key principles of accounting of accounting-defined and explained
  • 6 key principles of accounting of accounting-demonstrated in QuickBooks
  • Setting up chart of accounts for management reports vs. financial reports
  • Techniques to review numbers for accuracy
  • How to find accounting errors
  • Supporting accuracy of data-using internal support (QB Reports) and external support
  • Analyzing trends
  • Interpreting variable expenses
  • Financial ratios
  • Expert Analysis
  • Explanation of accounting cycles (daily, monthly, quarterly, annual)
  • Tasks associated with each accounting cycle
  • Key tasks within each cycle demonstrated in QuickBooks
  • "Language" of accounting-accounting terms defined
  • QuickBooks reports for accountants
  • Account numbers and class tracking
  • Budgeting and planning in QuickBooks
  • Cash vs. accrual accounting
  • Understanding and using retained earnings
  • Finding prior year changes
  • Duration
    5 hours

    Includes
    1 DVD

    Price
    Member $199.95 (Register through our Members Only Internet portal)
    Nonmember Price $249.95

    30 Day 100% Money Back Guarantee
    If you are not completely satisfied with this learning DVD, return it within 30 days from the shipping date and you will receive a full refund (less the shipping and handling charges).

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