QuickBooks for Accountants

Course Details

Date

Thursday, August 29, 2019

2:00am – 9:30am
(Registration: 1:30am)

Field of Study

Technology

Course Number

4193635P

CPE Credit

8.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CalCPA Education Foundation

Prerequisites

Fundamental understanding of basic QuickBooks operations.

Description

QuickBooks is an extremely powerful product with features and capabilities that many users are either not aware or do not know how to utilize efficiently.

Get more out of QuickBooks and QuickBooks Online and resolve the issues that experienced users often struggle to resolve, such as locking down prior periods. This course starts out fast with a chapter covering the top issues accountants face with QuickBooks. Get practical guidance and solutions designed to help accountants get the most out of QuickBooks for themselves or clients. Learn about issues, such as setting up a new company, configuring and customizing QuickBooks preferences, and enabling system security and password protection features. Also, learn how to lock down transactions in prior periods, the audit trail, customizing reports, exporting reports to Excel, and extending QuickBooks’ usefulness with tools such as the Fixed Asset Manager and Loan Manager.

Despite the product's user-friendly design, the most common QuickBooks problems involve recording transactions incorrectly. Adequate training is necessary to help mitigate problems. Put the power of QuickBooks to work the right way.

Highlights

  • QuickBooks user issues, such as closing accounting periods, eliminating payables and receivables from cash-basis financial statements, purging old transactions from QuickBooks, voiding checks in prior periods, viewing underlying debit and credit entries, and recommended end-of-period procedures
  • Client data files in QuickBooks including converting data from other accounting applications, creating data files, using templates, entering beginning balances, establishing user access and security rights and privileges, and establishing preferences
  • QuickBooks Lists, including entering and editing list data, techniques for managing lists, and importing and exporting list data
  • Exporting reports to Excel
  • QuickBooks tools to enhance management control, including budgeting and forecasting, depreciating fixed assets, and tracking loans and notes payable

Objectives

  • Identify appropriate responses to common QuickBooks user issues, such as closing accounting periods, eliminating payables and receivables from cash-basis financial statements, purging old transactions from QuickBooks, voiding checks in prior periods, viewing underlying debit and credit entries, and recommended end-of-period procedures.
  • List new features added to recent versions of QuickBooks and QuickBooks Online and apply these features; additionally, differentiate between the different products in the QuickBooks family.
  • Define appropriate procedures for setting up client data files in QuickBooks including converting data from other accounting applications, creating data files, using templates, entering beginning balances, establishing user access with security rights/privileges and establishing preferences.
  • Work with various QuickBooks Lists, including entering and editing list data, techniques for managing lists, and importing and exporting list data.
  • Identify techniques for creating reports and analyzing data in QuickBooks, including creating and customizing Reports and exporting reports to Excel.
  • Utilize QuickBooks tools to enhance management control, including budgeting and forecasting, depreciating fixed assets and tracking loans and notes payable.
  • Identify situations where QuickBooks Online may be an appropriate solution for a business currently using or considering using QuickBooks.

Designed For

Accounting and financial professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$245.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$375.00
Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

View All Webcasts