QuickBooks Level I CMP078

Trying to get your small business finances organized? Learn how to use QuickBooks 2007 software to manage business finances. Course includes setting up a company data file, managing inventory, creating estimates and sales documents, paying bills, using bank accounts, tracking time, and using the QuickBooks financial reports.

Prerequisites:
Working with Windows and some accounting knowledge or equivalent experience. CPA/CPE accredited.

Books may be purchased at the MC Bookstore Takoma Park Campus, or online. You will need to know the CMP#(Continuing Education classes) for the class you are taking in order to look up information about the textbook. Please bring your textbook to the first class session.

Technology update: Please bring a Flash Drive/Memory Stick 512MB or larger to class which will enable you to save your class work.

Updated information about our classes may be found on our Continuing Education Classes home page. Please remember to bring your textbook to your first class.

Classroom Hours: 12

Course Content
Unit 1: Getting started

Starting QuickBooks
Introduction to Quickbooks
Using the Navigators List
Opening QuickBooks Pages
Using the Menu Bar
Using the Icon Bar
Setting up QuickBooks on a Network
Learning Common Business Terms
Exiting QuickBooks

Unit 2: Setting up a company

Creating a QuickBooks Company
Using the Chart of Accounts
Entering Account Opening Balances

Unit 3: Working with lists

Creating Company Lists
Working with the Customer: Job List
Working with the Employee list
Working with the Vendor list
Adding customized fields
Managing Lists

Unit 4: Setting Up Inventory

Entering Products into Inventory
Ordering Products
Receiving Inventory
Paying for Inventory
Manually Adjusting Inventory

Unit 5: Selling Your Product

Creating Invoices
Making Cash Sales

Unit 6: Invoicing for Services

Setting Up a Service Item
Changing the Invoice Format
Creating a Service Invoice
Entering Statement Charges
Creating Billing Statements

Unit 7: Processing Payments

Receiving Payments for Invoices
Making Deposits
Printing Statements

Unit 8: Working with Bank Accounts

Writing a QuickBooks Check
Using Bank Account Registers
Entering a Handwritten Check
Transferring Funds Between Accounts
Reconciling Check Accounts

Unit 9: Entering and Paying Bills

Handling Expenses
Using QuickBooks for Accounts Payable
Entering Bills
Paying Bills