QBO Topics for Discussion and Practice:

Quickbooks Home Screen
Topic 1:
  • Product overview 
  • Importing data into Quickbooks 
  • Setting up your company 
  • Manage company settings 
  • Modify lists and users 
  • Understand your financial statements 
  • Set up, clean up, & modify the Chart of Accounts 
  • Tailor company settings/preferences 
  • Create custom invoices and other form.

Topic 2: 
  • Navigating Quickbooks® Online Edition
  • Best practices when using QBO
  • Navigating Client Home, Customer and Vendor Center, Transactions Tab, Quick Create
  • Getting Help quickly
  • Shortcuts, keyboard shortcuts, finding transactions fast

Topic 3: 
Recording Transactions:
SALES AND REVENUE
  • Determine appropriate sales related settings
  • Alternate entry points for entering sales transactions
  • Estimates and Proposals
  • Invoicing for billable time and/or expenses
  • Receiving payments and making deposits
  • Delayed charges
  • Income lists and sales reports
Payroll to be added to the 2nd day for those who need
Topic 3 (cont):
Recording Transactions:
Expense and Purchase Transactions:
  • Determine appropriate expense related settings
  • Alternate entry points for purchasing and expense transactions
  • Writing checks v. entering and paying bills
  • Vendor Credits 
  • Debit card and credit card charges
  • Expense List and other Expense Reports
  • Set up Inventory, Use Purchase Orders,  and adjust inventory
  • Set up, track, and pay sales tax
  • Other tools
Topic 4:
Working with Bank Accounts 
  • Bank Reconciliations
  • Online Banking
  • Handling Customer down payments / deposits

Topic 5:
Reporting
  • Intro to Reports
  • Reporting Capabilities
  • Common Report Settings
  • Browser Settings
  • Reports Dashboard
  • Grouped Reports and Business Overview
  • Accounts Payable and Accounts Receivable
  • List Reports
  • Customize Reports
  • Sending Reports and auto email with schedule