Training Program Details
Day Theory Session Practical
Day 1 Introduction to Quick Books Go through QB Demo and learn the features and advantages
Day 2 Create a new QB file in QB books. Go through all the four steps in Easy Step Interview Go through the Sample Company and set up your own QB file for different types of industries
Day 3 Accounts Payable Inventory Non-Inventory Inventory Assembly Purchase Orders Receive Item Receive Bills Receive Items with Bills and Paybills. Go through the Sample Company and work on the Assignments
Day 4 Accounts Payable Build Assembly Adjust Quantity in hand How to account Debit Memos Advance Payments Set Credits Go through the Sample Company and work on the Assignments
Day 5 Accounts Recevable Estimates Invoices Receive Payments Deposit the Customer Payments to Bank Discounts and Sales Tax Go through the Sample Company and work on the Assignments
Day 6 Accounts Receivable Credit Memos Set Credits Discounts Ageing Summary Terms Refund of Invoices Go through the Sample Company and work on the Assignments
Day 7 Banking Checks Deposits Credit Card Charges Transfer Funds and Bank Reconciliation Go through the Sample Company and work on the Assignments
Day 8 Reports Generating Reports for Customers Vendors. Financial Reports-Trail Balance Income Expenses Statement Balance Sheet Go through the Sample Company and work on the Assignments
Day 9 Payroll Set-up online Payroll or do-it-yourself Payroll. Create New Employees Create Payroll Item Fedreal Withholding Pay Check to employees Pay Pay roll Liabilities and YTD Adjustments Go through the Sample Company and work on the Assignments
Day 10 Closing the Books of accounts in QB Passing Closing entries for the books transfering the Net Income to Retained Earnings and Prior Period Adjustments Go through the Sample Company and work on the Assignments