![]() ![]() In the next major section of the course, we will start a new company file, an essential process for learning how to set up the foundational accounting system components like the chart of accounts, service items, revenue items, and beginning balances. The course will break down the flow of data input forms in each cycle and the impact of each form on the financial statements and related reports. The customer cycle may also be called the revenue cycle, sales cycle, or accounts receivable cycle. The vendor cycle may also be called the payment cycle, purchases cycle, account payable cycle, or expenses cycle. We will analyze transactions by accounting cycle: vendor cycle, customer cycle, and employee cycle. The sample file is an excellent tool for learning how to navigate the software because it already has data in it, allowing us to deconstruct the process of data input by going to the end result of financial statements and drilling back to the source documents used to enter the data. We will then use the sample file provided by QuickBooks to learn how to navigate the accounting software, locate the most commonly used areas, and understand the relationship between data input and the final product of financial statements and related reports. The first part of the course will demonstrate how to access the QuickBooks software, possibly for free, download it, and install it. We have updated this course each year and plan on continuing to do so as long as learners find it useful.Ĭourses on how to use software become outdated fast unless instructors are committed to updating the material, as we are. ![]() The course is designed so learners can go from start to finish but also have the option of jumping to the most relevant parts of the course, using the course as a reference guide to fall back on as needed, a dependable and up-to-date reference guide. Our course starts at the basics, such as how to access the QuickBooks software, possibly for free, and then moves through an in-depth analysis of the software. Fortunately, this course is designed to be useful for both beginners and experts. OK, it takes a little longer to be an expert. Become an Expert at QuickBooks in 1 Hour.: STOP!!! ![]()
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