Step into the next level of accounting proficiency with our Advanced QuickBooks Online Plus Training. Designed for those aiming for mastery, this course delves deep into the complexities of budgeting, streamlining payroll processes, and managing projects seamlessly within QuickBooks. Get insights into bank reconciliation and learn the intricacies of handling fixed assets and their depreciation.

The course doesn’t just stop at traditional features. Embrace the modern era of accounting by exploring the full potential of QuickBooks Mobile Apps, ensuring you can manage your finances on-the-go. Whether you're an experienced accountant or an entrepreneur seeking to expand your financial expertise, this training promises a thorough understanding and hands-on practice. Join Tertiary Courses to unlock superior accounting capabilities.

Disclaimer

We are not affiliated with Intuit Quickbooks. This course does not certify that you as Certified Quickbooks Professional. We use Quickbooks Online Plus only for the training of this course .

Certificate

All participants will receive a Certificate of Completion from Tertiary Courses after achieved at least 75% attendance.

Funding and Grant

HRD Corp Claimable Course for Employers Registered with HRD Corp

Course Code: M702

Topic 1: Working with Multicurrency

• Turning on Multicurrency setting

• Setting up Home Currency

• Transacting in multicurrency

• Realized/unrealized Exchange Loss or Gain

• QBO Currencies and Exchange Rates

• Over-riding exchange rates per transaction

• Currency Revaluation

• Report customization with multi-currency

Topic 2: Project Management

• Setting up Projects

• Sub customers or Projects

• Locations, Class - Workaround

• Items Setup for Job Costing – 2 Sided (Sales and Purchases)

• Estimates, Purchase Orders, Invoices, Bills relating to Project

• Billable Items and Expenses

• Project Budgets & Reports

Topic 3: Working with Budgets

• Setting up Budgets - Yearly, Quarterly, Monthly

• Prefilling budgets from previous year actual numbers

• Subdivision by Customers

• Budget Vs Actual Reports & Review

Topic 4 Bank Reconciliation & Locating Discrepancies

• Connecting Banks (Only an overview due to sensitivity to show real-time connection to a corporate account)

• Uploading Bank Statements Manually

• Verifying, adding and posting bank transactions from statements

• Bank Reconciliation 

• Closing accounting periods and managing secured passwords

• Changing entries in the closed period

• Locating discrepancies in previous reconciled periods

• Audit Log

Topic 5 Payroll Management

• Setting up Payroll and Employees

• Timesheets – Weekly/Daily

• Integration with Payroll Apps

Topic 6 Fixed Assets and Depreciation

• Creating Fixed Assets Account – at Cost

• Creating Accumulated Depreciation Accounts

• Categorizing assets

• Creating opening balances

• Posting Depreciation entries

• Hire Purchase agreements and treatment

• Transfer and Disposal of fixed assets

• Balance Sheet Reports and Review – Fixed Assets

Topic 7 Advanced QuickBooks Reports Customizations

• Running Management Reports from the wizard – P&L, Balance Sheet, Ageing Schedule, Supporting Schedules for Income Statement and Balance Sheet

• Customizing Reports

• Customizing Columns and fields

• Saving Customizations

• Scheduled Reports

• Sharing Reports

Topic 9: GST Tax Return

• Handling GST Tax Return