K2’s Accountant's Guide to QuickBooks Online

Overview

You could pay $0 for this course!

QuickBooks Online’s (QBO) market share continues to expand, and the Cloud-based accounting platform now dominates the small business market. Yet, most accounting and financial professionals have not participated in any formal training on the Cloud-based accounting service. Thus, they are unaware of many of the tool’s available features and do not work with QuickBooks Online as efficiently and effectively as they should.

This course teaches you how to set up QBO and convert QuickBooks Desktop files into a QBO instance. You will learn how to process all types of transactions, including accounts payable, accounts receivable, bank feeds, inventory, and payroll. Further, you will learn how to implement appropriate internal controls and how to capitalize on advanced features such as workflow management and management reports. Join us in this session to learn how to set up QBO properly and take full advantage of all it offers while avoiding common errors and mistakes.

This course qualifies for reimbursement through the state’s Workforce Training Express Fund. Firms/companies with fewer than 50 staff can be reimbursed up to 100% of the cost of training and firms/companies with 50-100 employees can be reimbursed up to 50% of the cost of training. You must register for the course and apply for reimbursement through the Workforce Training Express Fund website a minimum of three weeks prior to the start of the course. The course code for this program is C-8231. To learn more, click here or contact Julia Ekelund at jekelund@masscpas.org.

Highlights

• Understanding your QBO subscription and licensing options
• Recording routine and non-routine transactions in QBO
• Importing and exporting data to/from QBO
• Creating effective reports
• Describing the process for integrating third-party applications with QBO
• Troubleshooting issues with QBO reports and data

Prerequisites

Fundamental knowledge of basic QuickBooks and QuickBooks Online operations

Designed For

Business professionals desiring a deeper understanding of how to work efficiently and effectively with QuickBooks Online

Objectives

• • Identify and access the appropriate QBO subscription for an organization
  • List the steps necessary to set up a QBO company
  • Differentiate between the reporting options in QBO
  • List the fundamental processes for recording transactions in QBO
  • Identify examples of automation opportunities in QBO
  • List examples of vital internal controls to enable in QBO

Preparation

None