Bookkeeping Administration

280 Hours / Access Length: 12 months / Delivery: Online, Self-Paced

Course Overview:

The Bookkeeping Administration course is a comprehensive introduction to the fundamentals of accounting and Intuit QuickBooks Online Plus. The course covers topics such as setting up a chart of accounts, entering transactions, generating reports, and reconciling accounts. It also covers topics related to payroll, taxes, and budgeting.

Students are eligible for a free 365 day copy of Intuit QuickBooks Online Plus from the
Intuit Education Program in order to follow along with the course content.

Upon successful completion of this course bundle, participants will be able to:

• Recognize accounting transactions and record them in journals using proper formats.
• Use accounting software and spreadsheets to input, manage, and interpret information.
• Apply the concepts of accrual accounting to transactions that span fiscal periods.
• Record accounting transactions for merchandising operations and understand how to cost inventories using a variety of methods.
• Journalize transactions specific to managing cash and accounts receivable.
• Record transactions for uncollectible accounts.
• Prepare financial statements including income statements, statements of retained earnings, balance sheets and statements of cash flow.
• Create professional and accurate financial documents.
• Identify features of QuickBooks Online.
• Create, print, and export reports in QuickBooks Online.
• Record sales and cash receipts.
• Record purchases and cash payments.
• Record investments and debt.
• Create a budget.

This course is ideal for:

• Anyone who wants to learn the basics of accounting
• Small business owners who want to manage their own finances
• Bookkeepers who want to learn how to use QuickBooks Online Plus
• Accounting students who want to gain hands-on experience with QuickBooks Online Plus
• Anyone who wants to be prepared to take the Intuit QuickBooks Certified User exam

The Bookkeeping Administration course bundle includes the following courses:

• Fundamentals of Accounting
• Intuit QuickBooks Online Plus

This course prepares students to take the Intuit QuickBooks Certified User Online certification exam.

Course Outline:

Fundamentals of Accounting Curriculum:

Lesson 1: Introduction to Basic Accounting Systems

This lesson focuses on an introduction to the role of accounting in business. Basic accounting, an overview of financial accounting, and elements of an accounting system are covered. We will also learn the differences between cash and accrual accounting. 

Lesson 2: Accounting for Retail Businesses and Internal Controls

In this lesson, we will explore the application of financial accounting in retail businesses. We will also learn about internal cash controls. Purchase and sales transactions, bank reconciliations, and important laws that govern financial accounting will be covered. 

Lesson 3: Receivables and Inventories

The focus of this lesson is on receivables and inventory. Types of receivables and inventories will be covered, along with write-offs, balance sheet reporting, and inventory costing methods and reporting.  

Lesson 4: Long-Term Assets and Liabilities

In this lesson, we will focus on fixed assets and financial liabilities. Topics in this lesson include the disposal of assets, financial reporting, bonds, and the reporting of liabilities. 

Lesson 5: Equity and Financial Statements

In this final lesson, we will learn about stockholders, cash flow statements, and metric-based analysis of financial statements. Dividends, stock splits, various cash flows, and global analysis will all be covered. 

Intuit QuickBooks Online Plus Curriculum:

Lesson 1: An Introduction to QuickBooks Online Using a Sample Company

This course will use scenarios to help you learn the ins and outs of QuickBooks Online. This is done through the use of a sample company, and the data that belongs to that company. This first lesson introduces you to the sample company and how to navigate the data given to you.

Lesson 2: An Overview of QuickBooks Online

In this lesson, you will create a QuickBooks Online account and start using the basic features. You will navigate the dashboard and enter information about the sample company you will be using.

Lesson 3: Setting up a New Company

In this lesson, you will delve deeper into QuickBooks Online by changing company settings, modifying the chart of accounts, and creating new customers. You will also begin exploring reports that QuickBooks can create.

Lesson 4: Recording Operating Activities: Sales and Cash Receipts

In this lesson, you will add operating activities like sales receipts, invoices, and cash receipts. You will also record operating activities, such as new services, products, customers, invoices, and receipts.

Lesson 5: Recording Operating Activities: Purchases and Cash Payments

Lesson 5 is a follow-up to lesson 4. In the previous lesson you recorded money coming in. In this lesson, you will record money that goes out. This includes purchase orders and payment of bills.

Lesson 6: Recording Investing and Financial Activities

In lesson 6, you will continue entering data with your sample company by including fixed assets, investments, and stocks. This lesson also serves as a refresher for these financial topics.

Lesson 7: Recording Payroll

Lesson 7 is an essential topic for companies. You will be recording payroll activities in this lesson, including adding employees, payroll accounts, and payroll expenses.

Lesson 8: Establishing Budgets and Preparing Bank Reconciliations

In lesson 8 you will explore more features of QuickBooks Online, namely budgeting and bank reconciliation. You will also learn how to create budgeting reports, such as a profit and loss statement.

Lesson 9: Analysis and Recording of Adjusting Entries

This lesson focuses heavily on the accounting features of QuickBooks Online, as well as serves as a review of basic accounting procedures. In Lesson 9, you will learn about adjusting journal entries.

Lesson 10: Preparing Financial Statements and Reports

This final lesson brings it all together with the creation and analysis of financial reports. A/R, A/P, and Inventory summary reports are all included.

All necessary materials are included.

Certification(s):

This course prepares students to take the Intuit QuickBooks Certified User Online certification exam.

• Cable and DSL internet connections are recommended for the best experience.

• CPU: 1 GHz or higher
• RAM: 2 GB or higher
• Resolution: 1280 x 720 or higher
• Speakers / Headphones
• Microphone (Webinar / Live Online sessions)

• Microsoft Windows 7 or 10 (Home, Pro)
• Mac OSX 10 or higher.
• Latest Chrome OS
• Latest Linux Distributions

NOTE: While we understand that our courses can be viewed on Android and iPhone devices, we do not recommend the use of these devices for our courses. The size of these devices do not provide a good learning environment for students taking online or live online based courses.

• Latest Google Chrome is recommended for the best experience.
• Latest Mozilla FireFox
• Latest Microsoft Edge
• Latest Apple Safari

• Office suite software (Microsoft Office, OpenOffice, or LibreOffice)
• PDF reader program (Adobe Reader, FoxIt)
• Courses may require other software that is denoted in the above course outline.