Course curriculum

  • 01

    Start a New Company File in QuickBooks Pro 2022

    • 6010 Comprehensive Problem Introduction

    • 6040 Free 30-Day Trial Set Up

    • 6060 Account and Settings Company Tab

    • OneNote Resource

  • 02

    Company Preferences

    • 6080 Account and Settings Billing and Subscription, Usage, and Sales Tabs

    • 6100 Account and Settings Expenses, Payments, Time, and Advanced Tabs

    • 6120 Manage Users

    • 6140 QuickBooks Labs Dark Mode
  • 03

    Adding Service Items & Inventory Items

    • OneNote Resource

    • 6240 Entering Beginning Balances, Customers, Vendors, and Items Overview

    • 6260 Enter Service Items

    • 6280 Inventory Tracking Options

    • 6300 Set Up Inventory
  • 04

    Sales Tax Setup, Add Customers, & Add Vendors

    • 6320 Sales Tax

    • 6340 New Customers Setup and Accounts Receivable Beginning Balances

    • 6360 New Vendors Setup and Accounts Payable Beginning Balances
  • 05

    Opening Balances, Adjustments to Equity, & Manual Payroll Setup

    • OneNote Resource

    • 6380 Add New Accounts and Opening Balances

    • 6400 Adjust Opening Balances

    • 6420 Payroll Set up

    • 6440 Generate Reports After Entering Beginning Balances
  • 06

    Month 1- Record Owner Investment, Purchased of Fixed Asset & Investment 2022

    • Documents to Download

    • 7020 Deposits Owner Investment and Loan

    • 7040 Purchase of Furniture and Investment Transactions
  • 07

    Month 1- Enter Purchase Order & Enter Check or Expense Form from PO 2022

    • OneNote Resource

    • 7060 Enter Purchase Order P.O.

    • 7080 Cash Payment for Inventory Linked to Purchase Order P.O.
  • 08

    Month 1- Enter Invoice, Sales Receipt, & Deposits 2022

    • Documents to Download

    • 7100 Invoice Selling Inventory

    • 7120 Receive Payment Transaction and Form

    • 7140 Sales Receipt Payment Received at Point of Sale

    • 7160 Deposits From Payment to Deposit or Undeposited Funds
  • 09

    Month 1- Enter Invoice, Receive Payment, Bill 2022

    • OneNote Resource

    • 7180 Invoice Created From Check Created From Purchase Order

    • 7200 Receive Payment and Make

    • 7220 Write Checks for Expenses and Prepaid Assets

    • 7240 Bill Pay
  • 10

    Month 1- Create Customer Job, Pay Employees, & Create Sales Receipt for Job

    • Documents to Download

    • 7260 Jobs, Sub Customers, and Projects

    • 7280 Pay Employees

    • 7281 Payroll Adjustment

    • 7300 Enter Billable Time and Add to Invoice for Job
  • 11

    Month One- Reports

    • 7320 Month One Reports
  • 12

    Month 2- Enter Loan Payments, Create Amortization Tables & Investment 2022

    • Documents to Download

    • OneNote Resource

    • 8020 Make Amortization Table

    • 8022 Make Loan Payments

    • 8040 Short Term Investment Sales and Gains

    • 8060 Change Account Categorization to Other Expense
  • 13

    Month 2- Enter Purchase Order, Sales Receipt, Bill for Inventory

    • 8080 Purchase Order Adding New Items

    • 8120 Sales Receipt and Deposit

    • 8122 Record Receipt of Inventory with Bill Linked to P.O.
  • 14

    Month 2- Invoice from Billable Item, Advanced Customer Deposit 2022

    • Documents to Download

    • OneNote Resource

    • 8130 Populate Invoice Using Billable Item That was Created From P.O.

    • 8140 Advanced Customer Payment or Unearned Revenue Method 1

    • 8160 Apply Customer Deposit (Credit) to Invoice (New Title Intro)

    • 8200 Advanced Customer Payment or Unearned Revenue Method 2
  • 15

    Month 2- Invoicing for Hourly Service 2022

    • 8320 Bill for Hourly Services of Staff Enter Billable Time

    • 8322 Create Invoices Using Billable Time Receive Payment and Make Deposit
  • 16

    Month 2- Invoicing for Rental Income with Advanced Customer Deposit 2022

    • Documents to Download

    • OneNote Resource

    • 8340 Rental Income Set Up Service Items

    • 8342 Rental Income Customer Deposit

    • 8344 Rental Income Invoice, Receive Payment, and Deposit
  • 17

    Month 2- Purchase & Financial Equipment & Recategorize Fixed Assets 2022

    • 8360 Purchase and Finance Equipment

    • 8362 Subaccounts Categories For Fixed Assets
  • 18

    Month 2 – Enter & Pay Month End Bills & Pay Sales Tax 2022

    • Documents to Download

    • 8365 Bills - Enter, Sort, and Pay

    • 8370 Pay Sales Tax

    • Documents to Download

  • 19

    Month 2 – Enter Payroll & Pay Payroll Tax for Prior Period 2022

    • 8380 Enter Payroll For Second Month

    • 8381 Enter Payroll For Second Month Adjustment

    • 8385 Pay Payroll Taxes
  • 20

    Month 2 – Generate Month End Report & Review Work

    • 8420 Create Reports After Second Month of Data Input

    • 8421 Reports Month Two Save as PDF and Export to Excel

Description

This course is the second in a series of classes covering QuickBooks Online 2022; comprehensively.

We will create a new company file and populate it with two months of data input.

The data input will cover every significant form in each operating cycle, including the revenue cycle, the payables cycle, and the payroll cycle. The primary operating cycles are also commonly grouped as the customer, vendor, and employee cycle.

As we enter financial transactions, populating forms, we will analyze the impact on the financial statement and related reports.

Entering two months of data will allow us to see the difference in complexity of entering data for the first month of operations, a time when we have no historical data to help us, and entering data in following months, a time when we do have prior history and transactions to help simplify the process.