QuickBooks Level 1 for Mac

This day is for people using the MAC Desktop Edition of QuickBooks. The morning will consist of setting up a company, working with the chart of accounts and setting it up for a typical LLC (we will also talk about Corporations), as well as setting up sales items, inventory items, and sales taxes. In the afternoon, transactions will be made such as Debit card expenditures, credit card purchases, checks, Wire transfers, and bank transfers. We will also cover creating invoices for customers using items, receiving money from customers and entering the deposit in the QuickBooks bank account that you created in the morning on the Chart of Accounts.

There will be some simple reports run to show what transactions you have entered. We will also reconcile a credit card account once we have transactions in it.

Please bring a notebook with you to take notes!

Getting Started
Starting QuickBooks
Overview of the homepage and menu system

Setting Up a Company
Creating a QuickBooks Company
Modifiying and Editing New Account in Charts of Accounts
Entering Account Opening Balances

Working with List
Entering Customers and Vendors
Inventory Items, Sales Tax Items and Service Items
Viewing the reminders list and the classifications list
Creating QuickReports from Vendors, Customers and Charts of Accounts

Working with Bank Accounts
Entering and Paying Bills
Writing Checks
Using Bank Account Registers
Transferring Funds Between Accounts

Invoicing and Processing Payments from Customers
Creating an Invoice
Receiving Payments for Invoices
Making Deposits
Using Sale Receipt

Understanding the Process of Reconciliation
Reconciling Bank Accounts

Additional Fundamentals
Backing up and restoring data Entering Opening Balances