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2/12/2018

Quickbooks Online - Level 2 Bookkeeping - iStudy 

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HOME / COURSE / BUSINESS / ACCOUNTING / QUICKBOOKS ONLINE - LEVEL 2 BOOKKEEPING

Quickbooks Online - Level 2 Bookkeeping ( 4.7 REVIEWS ) 

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Description Quickbooks Online Accounts course is about how to use Quickbooks Online based on the most popular functions which you as a Quickbooks Online operator needs to know how to use, in order to be pro cient in using the online software. The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

Read the task Watch the video Have a go at it yourself on your own system Rewatch the video (if necessary) – to reinforce the learning You’ll learn how to set up a QuickBooks system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things. This is a useful course if:

You are thinking of working with the online software, You are going for jobs which have a requirement for you to be able to use this software You want to put this skill on your CV, or You are a bookkeeper or accountant and will be using this for clients or even You run your own business and want to know how to use Quickbooks for yourself. You will need to have access to a Quickbooks Online. The instructor is usually online to answer student queries for 2 hours each day.

https://www.istudy.org.uk/course/quickbooks-online-level-2-bookkeeping/

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2/12/2018

Quickbooks Online - Level 2 Bookkeeping - iStudy

The course materials include: 1. the handout of the assignment task

access to the QuickBooks Online software for FREE for 21 days A 384 page manual on QuickBooks online Successful completion of the course is the equivalent to being at the level of having a level 2 certi cate in computerised accounts. The next step would then be to take our QuickBooks Online Level 3. Note – there is no level 1. The course will take about 3-4 hours to complete.

What Will I Learn? By the end of this course, you will be able to complete various common functions using Quickbooks Online. In this course you will learn how to: Enter the opening balances Amend the nominal ledger Add new customer and supplier details Post customer invoices and credit notes to the sales ledger Post supplier invoices and credit notes to the purchase ledger Enter the supplier cheques and record the customer receipts Post-Petty Cash transactions Prepare the VAT return Reconcile the bank Post the wages journal Post adjustments to the accounts and produce month-end reports

Requirements You will need access to Quickbooks Online (a free link will be provided in the course) – the software will be available (free) for 21 days

Who is the target audience? Students who are going for jobs where the requirement is working knowledge of Quickbooks Online Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them nd employment Previous knowledge of accounting is not presumed or required COURSE CURRICULUM

Getting prepared - access the software and course materials

The structure of the course – rst things rst!

00:05:00

Set up free trial

00:03:00

00:11:00

Getting started

Starting A New Company File

Setting up the system

set up nominal accounts

00:11:00

Enter Opening Balances

00:07:00

Reverse opening balances – accruals and prepayments

00:05:00

report journal

00:05:00

00:07:00

Nominal ledger

amend the nominal ledger

https://www.istudy.org.uk/course/quickbooks-online-level-2-bookkeeping/

2/5


2/12/2018

Quickbooks Online - Level 2 Bookkeeping - iStudy Report listing the nominal ledgers

00:02:00

Customers

Enter customers

00:07:00

Report on customer contact information

00:01:00

Suppliers

enter suppliers

00:05:00

supplier contact list

00:02:00

Sales ledger

customer invoices entered 1003-8

00:06:00

Entering Invoices 6574 to 6610

00:16:00

Enter customer invoices in a batch

00:06:00

Post Credit Notes

00:04:00

Report Showing Customer Activity

00:03:00

aged debtors report

00:02:00

Purchases ledger

Post Supplier Invoices

00:10:00

supplier batch invoices

00:09:00

Credit Notes Suppliers

00:04:00

reclassify accounts – ash bulbs

00:04:00

Supplier account activity report

00:02:00

Sundry payments

post supplier cheques

00:07:00

Reports showing supplier payments

00:01:00

Sundry receipts

Receipts From Customers

00:07:00

Report showing customer receipts

00:01:00

Petty cash

https://www.istudy.org.uk/course/quickbooks-online-level-2-bookkeeping/

3/5


2/12/2018

Quickbooks Online - Level 2 Bookkeeping - iStudy

Post Petty Cash Transactions – Week 1

00:02:00

Post cash payments to ledgers

00:10:00

Post sundry payments

00:03:00

Report bank payments

00:01:00

00:03:00

00:05:00

00:04:00

VAT - Value Added Tax

VAT Return

Bank reconciliation

Reconcile the bank

Payroll / Wages

Post The Wages Journal

Reports

Run a report on the PnL and Balance Sheet and Trial Balance

00:02:00

month end adjustments

00:03:00

Month End Reports PnL, BS, TB

00:05:00

COURSE REVIEWS

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https://www.istudy.org.uk/course/quickbooks-online-level-2-bookkeeping/

4/5


2/12/2018

Quickbooks Online - Level 2 Bookkeeping - iStudy

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Quickbooks online level 2 bookkeeping istudy  

Quickbooks Online - Level 2 Bookkeeping course is about how to use Quickbooks Online and its most popular functions which learner as a Quick...

Quickbooks online level 2 bookkeeping istudy  

Quickbooks Online - Level 2 Bookkeeping course is about how to use Quickbooks Online and its most popular functions which learner as a Quick...

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