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Yes, QuickBooks is Accounting    (201)           $15 fee

On Demand!

Although you may not need to be an accountant to use QuickBooks, understanding basic accounting concepts is critical to producing useful information. Within QuickBooks itself there are excellent accounting references & tools, but when bypassed or ignored your QuickBooks will produce a prolific example of "Garbage In - Garbage Out". This class is designed to help you make good accounting decisions and decide when you need assistance and where to get it.

This class is for you if:
  • You need to rely on reports from QuickBooks to make decisions
  • You need to produce internal reports to provide to bankers or investors
  • Your accountant or tax preparer must adjust your work in QuickBooks to get it "into shape"
You will learn how to:
  • Understand basic accounting concepts you will use every day
  • Understand the categories in your Chart of Accounts
  • Decide which account categories to use when creating transactions
  • Detect errors in data entry
  • Choose and understand the basics of QuickBooks financial reports

 QuickBooks Reports II               (202)        $15 fee

On Demand!

Beyond QuickBooks preset reports and graphs, there is great capacity to create custom reports for the data you wish to see. Use this lesson to build your own reports and save data re-entry by using Microsoft Excel for functions beyond QB report system.

This class is for you if:

  • You re-create the same reports multiple times
  • You run the groups of standard reports
  • You re-enter information from QuickBooks into spreadsheets to analyze
  • You need to e-mail reports to others

You will learn how to:

  • Design Custom Reports
  • Save Custom Report settings
  • Process and Print reports in batches
  • Save reports as Portable Document Format (PDF) files
  • Export a report to Microsoft Excel
  • Practice filtering reports in Microsoft Excel 

 Beyond Banking Basics   (203)        $15 fee

On Demand!  

This class covers the more advanced features of QuickBooks banking functionality. Online banking not only provides daily information but cuts reconciliation time by 99%. Many tricky transactions cause trouble in the bank accounts, so here we delve into the most common problems.

This class is for you if:

  • Accept credit cards or electronic payments
  • Use Debit cards or electronic payments to pay bills
  • Wish to automate your bank reconciliation
  • Have a Petty Cash drawer
  • Have Vendors that are also Customers

You will learn how to:

  • Setup and use QuickBooks Online Banking
  • Troubleshoot Bank Reconciliation errors
  • Handle returned checks in QuickBooks
  • Record Bartered (traded) services with your customers and vendors
  • Setup & maintain a Petty Cash account
  • Correctly enter bulk transactions like Payroll Service withdrawals, Credit Card transmittals or cash register summaries

 


 

 QuickBooks File Maintenance  (204)       $15 fee

On Demand!

Customizing QuickBooks to your company's specific needs is necessary to gain efficiency in data entry and report generation. QuickBooks preferences help you tailor your experience to your individual needs. Maintaining your QuickBooks data is critical to the longevity of your file. This class covers specific backup methods and how to implement them in your company. Also covering methods to provide information for your accountant or tax preparer using QuickBooks tools.

This class is for you if:

  • Wish to automate more of your accounting tasks
  • Are repsonsible to secure your company data file
  • Provide data to your accountant or tax preparer

You will learn how to:

  • Set preferences for efficient data entry
  • Creating Custom Reports of List information
  • Create secure backups of your QuickBooks data
  • Determine when and if you should Cleanup QuickBooks data
  • Send QuickBooks data to your tax professional

 


 

 Paying Bills II            (205)                 $15 fee

On Demand!

This class builds on Paying Bills. While simply managing the Bills is easy, there are often other factors involved.

This class is for you if:

  • Use a credit card to pay bills
  • Have bills paid by the owners with personal funds or credit cards
  • Have bills in QuickBooks that are already paid
  • Have credits from your Vendors

You will learn how to:

  • Pay bills using company credit cards
  • Record bill payments using other funds
  • Correct previously paid bills
  • Record and apply vendor credits and discounts


Accounting Made Simple reserves the right to cancel or reschedule classes not meeting a minium of 2 students. All eQB Classes are limited to 25 students maximum.

 



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Scheduled Classes or Classes On Demand!

 

Opening Balances         (301)      $15 fee                             

On Demand!

So you have started a new QuickBooks company file with a bank account … now what??
Entering Opening Balances is a critical step to having reliable information from the start of your QuickBooks data. This process is necessary if you are changing accounting systems (i.e. from manual records to QuickBooks, from Peachtree Accounting software to QuickBooks) to capture the status of your accounting and items that you need carry forward.

This class is for you if:

  • You are changing from another accounting method (i.e. other software, paper ledgers or spreadsheets) to using QuickBooks
  • You have a balance in your Opening Bal Equity account in your current QuickBooks file
  • You have data from your old accounting system that is missing in QuickBooks
This class is NOT for you if: 
  • You are starting your business and have no prior accounting records! You don't need opening balances :)
You will learn how to:
  • Identify what needs to be entered into QuickBooks and where to find it
  • Determine the best method for entry for you
  • Enter beginning balances for Customers, Vendors, Inventory and all active accounts
  • Check your work
  • Close the books to preserve your balances

 

 

  What You Own and Who You Owe II (302)   $15 fee

On Demand!

In this lesson, we'll discuss the more detailed Balance Sheet account topics. Many users will rely on their tax professional to provide this information to them, but as you will see, this can have a tremendous impact on your bottom line. Use this lesson to maintain this information yourself, or just work in tandem with your accountant.

This class is for you if:

  • Need to calculate depreciation or amortization of your company assets
  • Wish to calculate and automated entry for accurate company loan balances
  • Your tax professional provides you with depreciation or amortization entries
  • Your owners pay for company bills personally
  • Have multiple owners of your company
You will learn how to:
  • Handle payments made by owners for company expenses
  • Setup and maintain loans using the loan manager
  • Setup depreciation for company assets
  • Entering Memorized transactions for depreciation and amortization
  • Allocate equity to multiple owners at year end 

 


Processing Sales III       (303)            $15 fee   
Building on Processing Sales I & II, this class offers solutions to other methods and timing of payments from customers. For many QuickBooks users, these items will not apply, but in some industries this is the only way they will record revenues in QuickBooks. Please contact our office if you have questions about whether this class is right for you. Training@AccountingMadeSimple.biz
This class is for you if:
  • Collect Retainers, Down Payments or Deposits from your customers(i.e. Professional Services, Caterers, Contractors, Job shops with special orders)
  • Invoice clients periodically (i.e.monthly)for individual charges incurred throughout the period(i.e. Attorneys, Day Care Providers, Newspaper/Magazines, Property Management)
  • Use a Cash Register or other Point of Sale System to record individual sales(i.e.Retail stores, Restaraunts, Wholesalers)
  • Use another system for invoicing your clients(i.e. Medical Offices, Inventory intensive operations)
You will learn how to:
·         Use Statement Charges and issue periodic statements to invoice your clients, or alert them to their balance
·         Maintain customers pre-paid balances and apply to current or future invoices
·         Enter periodic sales totals to capture revenues, sales tax and make bank deposits within QuickBooks 

Preparing for Payroll         (304)      $15 fee
(Indiana & Michigan Compliance)              
On Demand!

So you've made the big step and hired an employee! Now comes time to get your records in order before they get into QuickBooks. We will cover registering for taxes and your responsibilities as an employer. We will also discuss the different QuickBooks payroll calculation options.
 
This class is for you if:
  • Are hiring your first employee(s)
You will learn how to:
  • Be sure you are registered with appropriate tax agencies
  • Decide which payroll method is right for your company
  • Gather employee information
  • Enter employee information into QuickBooks