Overview
QuickBooks is another high in demand accounting system due its user friendly interface and ability to document all business transactions in a concise and precise manner. This application is available in both Desktop and Online/Cloud Versions. QuickBooks is one of the most cost effective bookkeeping solutions for the businesses and there a very popular choice for most employers. The main features of the software are as follows
- Invoice automation
- Customer and supplier management
- Connect with bank for reconciliation
- HMRC-compliance with new Making Tax Digital for VAT requirements
AT Centre of Accountancy Careers & Training Ltd the course is conducted by Highly Trained and Qualified Accountants who have years of experience implementing QuickBooks for various Business Organisations. Their advice is highly sought after in the Industry Sector.
AT CAC Training Ltd, QuickBooks is taught over two Modules,
Module One covers more fundamental skills.
Module Two covers more advanced skills.
CONTENT
Module One
- Setup new company in QuickBooks
- Create chart of accounts
- Accounting Basics and working with the chart of accounts
- Setup customers and suppliers accounts
- Generate and posting of Invoices.
- Processing of Customer Receipts
- Maintaining of the Customer Ledgers
- Processing of the Supplier invoices on credit
- Processing of Expense invoice
- Processing of the supplier payments
- Maintaining the Supplier Ledgers
- Learn Bank Module
- Manage Bank Feeds
- Entering and income and expense information
- Bank Reconciliation
- VAT Registration and submission
- Integration to MTD (Making Tax Digital)
Module Two
- Understand and learn Month End Procedures
- Preparing and Posting Journal Entries
- Evaluation of the Control Adjustments
- Process period end adjustments on the QuickBooks software
- Analyse financial reports
- Bank and credit card reconciliation
- Petty cash account reconciliations
- Perform Customer Ledger Reconciliations
- Perform Supplier Ledger Reconciliation
- Analyses and Reconcile the daily cash, card and cheque takings and banking for the business
- Year-end financial adjustment
- Preparation of Initial Trial Balance
- Preparation of Final Trial Balance
TARGET AUDIENCE
This course is ideal for candidates who are looking to develop their skills in this highly popular Accounting Software, this software is extensively used in both In-house environment as well as Accounting practise environment.
This Course is also ideal If you looking to implement QuickBooks in your business.