Class 2 – “Show Me the Money”
Learning Objectives: The objective of this class is to assist business owners and individuals in obtaining a complete understanding of entering income and expenses, and the related receipts and payments, to ensure proper management of the accounts receivable and payable in QuickBooks.
By attending this session, you will learn the details of:
· How to enter sales information
· Receiving payments and making deposits
· Entering and paying bills
Course Content:
Taught using a combination of instructional lecture and visual exercises, this course will cover:
Entering Sales Information
ü Creating invoices, letters, and statements
ü Creating sales receipts
ü Memorizing a sale
ü Creating a new item
ü Creating and defining new price level
ü Processing sales orders
ü Tracking backorders
ü Receiving items
Receiving Payments and Making Deposits
ü Recording customer payments
ü Creating sales receipts
ü Handling customer discounts, partial payments, overpayments and down payments
ü Applying payment to multiple jobs
ü Recording a deposit and how QuickBooks treats the deposit behind the scenes
ü Enter cash back from a deposit
Entering and Paying Bills
ü Different ways to handle bills
ü Entering bills
ü Using the pay bills window and understanding how QuickBooks records your bill payments
ü Entering a discount
Who Should Attend:
This course is designed for new and current users of QuickBooks, who desire a better understanding of the accounts receivable and accounts payable modules and the behind the scenes activity of QuickBooks when recording these transactions.
Course Level: Beginning/Intermediate
Prerequisite: None
Preparation: None
Delivery Method: Live Presentation
