QuickBooks Certification GB TRAINING & PLACEMENT CENTRE 9988113578 | 7888919083 www.gberp.com www.gbtraining.in

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QuickBooks
Advance Accounting & Payroll Training
TABLE OF CONTENTS
1 Setting up your company file
 Step 1: Choose a start date
 Step 2: Gather information
 Step 3: Create your company file
 Step 4: Set up company lists
 Step 5: Enter opening balances
 Step 6: Set up payroll (optional)
 Step 7: Enter optional adjustments
 Step 8: Customize preferences
2 Entering historical transactions
 Historical transactions overview,
 Entering sales and accounts receivable (A/R)
transactions,
 Entering accounts payable (A/P) transactions,
 Entering payroll transactions,
 Entering bank and other transactions,
 Changing your start date,

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3 Lists
 Types of lists,
 Editing and deleting list items,
 Speeding up data entry with lists,
 Adding customized fields to lists
 Keeping your lists organized
 Printing, saving, or emailing a list
4 Your chart of accounts
 Chart of accounts overview
 Adding new accounts
 Entering opening balances for accounts in use,
 Editing opening balances
 Editing account information
 Deleting an account
 Using account numbers
 Keeping your chart of accounts organized
 Changing an account’s color
 Merging existing accounts
 Printing your chart of accounts
5 Items—your products and services
 Items overview,
 Creating items,
 Tips for businesses that invoice for costs,
 Using sub items,

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 Reports about items,
 Editing item information,
 Deleting items,
 Changing prices,
6 Tracking sales
 Types of sales forms,
 Entering a sales transaction,
 Working with sales transactions,
 Customizing your sales form,
 Printing, saving, or emailing a sale form,
 Charging for actual time and costs,
 Creating a daily sales summary,
 Assessing finance charges,
 Using billing statements,
 Using estimates
 Questions and answers about sales forms
7 Receiving and depositing payments
 Recording an invoice or statement payment,
 Overpayments, down payments, and prepayments,
 Retainers,
 Correcting the application of a payment,
 Depositing payments,
 Recording a return,
 Handling a bounced check from a customer,
 Questions and answers about payments,

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8 Inventory
 Inventory overview,
 Viewing items on order,
 Receiving inventory items,
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 Using the inventory register,
 Viewing the average cost of inventory items,
 Adjusting value and quantity on hand,
 Returning items to a vendor
 Reports about inventory,
 10 Sales tax—track and pay
 Sales tax overview,
 Turning on sales tax
 Creating tax items for each single tax you apply,
 Creating tax groups
 Editing sales tax items,
 Assigning taxes to customers,
 Marking items you sell as taxable
 Applying sales tax to an invoice or cash sale,
 Non-taxable sales
 Unusual tax situations,
 Keeping track of how much sales tax you owe
 Paying sales tax

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9 Accounts receivable management
 Viewing the accounts receivable register,
 Viewing the customer register,
 Editing a transaction in the A/R register
 Changing the opening balance for a customer
 Viewing an A/R transaction history,
 Viewing a QuickReport about a customer,
 Working with A/R reports and graphs,
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10 Bills
 Bills overview,
 Entering a bill
 Paying bills,
 Viewing a bill payment
 Editing bills and payments,
 Deleting bills and payments,
 Having QuickBooks remind you to pay your bills,
 Entering credit from a vendor,
 Questions and answers about bills,
11 Accounts payable management
 Viewing the accounts payable register,
 Editing a transaction in the A/P register,
 Viewing an A/P transaction history,
 Viewing a Quick Report about a vendor,

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 Working with A/P reports and graphs,
12 Managing your checkbook
 Checks overview,
 Entering a check,
 Editing checks,
 Voiding checks,
 Deleting checks,
 Printing, saving, or emailing checks,
 Depositing funds into your checking account,
13 Credit card transactions
 Credit card overview,
 Entering a credit card transaction,
 Editing a credit card transaction,
 Reconciling/paying your credit card statement,
14 Purchase orders
 Purchase order overview,
 Turning on the purchase order feature
 Customizing purchase orders,
 Entering a purchase order,
 Viewing purchase orders,
 Receiving items against a purchase order,
 Editing purchase orders,
 Closing a purchase order manually,
 Printing purchase orders,

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15 Account registers
 Account registers overview,
 Opening an account’s register,
 Entering transactions in a register,
 Editing transactions in a register,
 Finding a specific transaction,
 Printing, saving, or emailing a register
16 Assets, liabilities, and equity
 Assets overview,
 Adding fixed asset and depreciation accounts,
 Selling fixed assets,
 Recording thefts or losses of fixed assets
 Purchasing assets,
 Liabilities overview,
 Borrowing money,
 Adding a loan to your chart of accounts
 Tracking loan payments
 Equity overview,
 Distributing yearly profits to partners
 Creating equity accounts,
 Transferring money out of Opening Bal. Equity,
 Recording an owner’s draw
 Recording an owner’s capital investment,

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17 Account reconciliation
 Reconciling accounts overview,
 Balancing your account for the first time
 Reconciling your checking account statement
 Marking cleared transactions
 Completing reconciliation,
 Reconciling your credit card statement,
 Correcting differences,
 Printing a reconciliation report,
18 Time tracking
 Time tracking overview,
 Time tracking preferences,
 Filling in a weekly timesheet,
 Entering single activities,
 Invoicing customers for time,
 Reports about time,
19 Payroll
 The differences between the Payroll Services available
from QuickBooks
 How to set up Payroll (including employees, Federal
and State taxes and basic Payroll deductions) using the
Payroll Setup Wizard.
 How to set up an employee’s earnings and sick or
vacation time

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 How to track sick or vacation time (accruing hours and
using “banked” hours)
 How and why to setup Payroll Schedules
 How to run Payroll
 How and why to pay Payroll Liabilities
 How to prepare payroll forms (941, W2) in QuickBooks
 Track time and use it for payroll or for invoicing
customers
20 – Reports
 Setting your report preferences,
 Creating a report,
 Customizing a report,
 Filtering report data,
 Using Quick Zoom for report details,
 Printing, saving, or emailing a report,
 Exporting a report to Microsoft Excel,
 Memorizing and recalling reports,
 Quick Reports
 Questions and answers about reports,
 Graphs,
 Budgets

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Mo – 9988113578
8528110190
www.gberp.com
www.gbtraining.in