A laptop or desktop computer (Windows operating system recommended).
table internet connection for accessing training materials and software downloads
Curriculum
9 Sections
29 Lessons
Lifetime
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Module 1: Introduction to Accounting Applications
In this module, you will build a solid foundation in accounting by understanding the complete accounting transaction cycle and how it applies to real-world business operations. You will learn the essential factors to consider before setting up an accounting system, ensuring accurate and efficient financial management. The module also provides a step-by-step guide to creating a company profile in QuickBooks Desktop and introduces you to the QuickBooks interface, helping you confidently navigate the software and prepare for practical accounting tasks.
Module 2: Comprehensive Guide to Setting Up a Chart of Accounts for Any Application
This module provides a practical, step-by-step approach to designing and configuring a Chart of Accounts (COA) from scratch. Participants will learn how to structure accounts in line with business operations and financial reporting requirements, ensuring consistency across various accounting systems. The module also covers account classification, numbering systems, account maintenance, and best practices for creating a scalable Chart of Accounts that can be applied in accounting applications such as QuickBooks, SAP, Oracle, Sage 50, and other ERP systems.
Module 6: How to Set Up an Accounts Payable Transaction System
• Principles of Setting Up an Accounts Payable Transaction System – Part 1
• Principles of Setting Up an Accounts Payable Transaction System – Part 2
• Principles of Setting Up an Accounts Payable Transaction System – Part 3
• How to Generate a Purchase Order
• How to Receive Inventory
• How to Generate a Purchase or Standard Invoice
• How to Record a Bill for Payment
• How to Process a Bill Payment
Module 7: How to Set Up an Accounts Receivable Transaction System
• Principles of Setting Up an Accounts Receivable Transaction System – Part 1
• Principles of Setting Up an Accounts Receivable Transaction System – Part 2
• Principles of Setting Up an Accounts Receivable Transaction System – Part 3
• How to Create a Sales Order
• How to Create a Sales Invoice
• How to Post Customer Payments