Quickbooks

Description

By the end of this one day course, attendees will have a sound understanding of the principles of using Quickbooks in order to set up their accounting system and use it to post their invoices and payments and keep track of the bank accounts.

What you will learn

• Set up a QuickBooks company to deal with your accounts
• Set up the company information and enter the opening balances
• Work with your chart of accounts
• Set up and maintain your Customer and Vendor accounts
• Create invoices and statements
• Deal with money received by your company
• Deal with the entering and paying of bills
• Process other bank payments and receipts and petty cash
• View information on basic accounts reports
• Learn how to keep track of your company’s VAT
• Understand the significance of the reporting structure
• Use the reports more fully to filter and customize to your own needs
• Understand the implications of recording VAT on your accounts
• Prepare a VAT return using QuickBooks
• Set up and use the reminders within QuickBooks
• Get an overview of payroll tracking on QuickBooks
• Set up employee records
• Set up the payroll items that you need
• Write a Payroll cheque
• Track your Tax Liabilities
• Know how to pay the Taxman
• Know what to do at the Year End
• Download course outline here: QuickBooks v1.0