Quickbooks Fundamental Training Course

Module 1: Introduction to QuickBooks and Setup

Overview of QuickBooks and its applications

Navigating the QuickBooks interface

Setting up a new company file and basic preferences

Practical Exercises: Creating a company file, customizing dashboards, and navigating menus

Module 2: Chart of Accounts and Data Entry

Understanding the Chart of Accounts

Setting up accounts for assets, liabilities, equity, income, and expenses

Recording basic transactions

Practical Exercises: Adding accounts, entering opening balances, and posting transactions

Module 3: Managing Customers and Sales

Setting up customer profiles and sales items

Creating invoices, sales receipts, and credit memos

Recording customer payments

Practical Exercises: Issuing invoices, applying payments, and generating customer statements

Module 4: Managing Vendors and Purchase

Setting up vendor profiles and purchase items

Recording bills, expenses, and payments

Tracking vendor balances and outstanding payments

Practical Exercises: Entering vendor bills, making payments, and generating vendor reports

Module 5: Banking and Cash Management

Recording bank deposits and withdrawals

Performing bank reconciliations

Managing petty cash transactions

Practical Exercises: Reconciling bank statements and tracking cash flows

Module 6: Basic Payroll Processing (Optional/If Applicable)

Setting up employee profiles

Recording payroll items, deductions, and benefits

Generating pay slips and payroll reports

Practical Exercises: Entering payroll transactions and generating reports

Module 7: Financial Reporting and Analysis

Generating basic financial reports: Profit & Loss, Balance Sheet, Cash Flow

Customizing reports and exporting data

Using reports to monitor business performance

Practical Exercises: Running financial reports, exporting to Excel, and interpreting results

Module 8: Practical Case Studies and Exercises

Simulated business transactions for end-to-end practice

Integrating customer, vendor, banking, and reporting functions

Troubleshooting common issues in QuickBooks

Practical Exercises: Full-cycle accounting exercise from transaction entry to report generation