Description
This course is for people who wish to use QuickBooks to keep their accounts and who have a sound knowledge of book-keeping and accounts principles and terminology to Trial Balance at least.
This course will be taught in QuickBooks 2016.
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 and entering and paying of bills
- Process other bank payments and receipts and petty cash
- View information on basic accounts reports and 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 & payroll items that you need
- Write a Payroll cheque & Track your Tax Liabilities
- Know how to pay the Taxman and what to do at the Year End