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.
Learning Objectives
Upon completion of this course, participants will be able to:
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
Major Topics
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
