QuickBooks Online From Beginner to Expert

The Complete Step-By-Step Guide to Mastering QuickBooks Online for Small Business Bookkeeping

Introducing "QuickBooks Online from Beginner to Expert: The Complete Step-By-Step Guide to Mastering QuickBooks Online for Small Business Bookkeeping" - the essential guide to simplifying and automating your small business accounting!

Transform your financial management skills with our fully illustrated, step-by-step guide that takes you from a complete beginner to a QuickBooks Online expert. Packed with easy-to-follow screenshots and practical examples, this book will empower you to take control of your business's finances like never before.

Our free QuickBooks course consists of eight lessons.

Part 01:

---

Setting up QuickBooks online:

In this lesson, you will learn how to set up key areas of QuickBooks like bank and credit card accounts, invoice templates, products and services, and the chart of accounts. By the time you complete this QuickBooks online tutorial, you will be ready to start using QuickBooks to manage all of your income and expenses.

The features and settings that you choose in this lesson will affect every area of QuickBooks. For example, you will set the default payment terms for customer invoices and vendor bills. You will also choose whether to turn on inventory quantity and cost tracking.

The Setting Up QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Set Up Company Information(  )

TUTORIAL02How to Customize Invoices, Sales Receipts & Estimates(  )

TUTORIAL03How to Set Up Invoices, Sales Receipts & Estimates( )

TUTORIAL04How to Set Up Products and Services( )

TUTORIAL05How to Set Up Messages( )

TUTORIAL06How to Set Up Statements( )

TUTORIAL07How to Set Up Expenses( )

TUTORIAL08How to Set Up Advanced Settings( )

TUTORIAL09How to Import Bank Transactions( )

TUTORIAL10How to Import Credit Card Transactions( )

TUTORIAL11How to Set Up Multiple Users( )

TUTORIAL12How to Set Up the Chart of Accounts( )

TUTORIAL13How to Set Up the Products and Services List( )

TUTORIAL14How to Set Up Customers( )

TUTORIAL15How to Set Up Vendors( )

Part 2:

---

Managing Sales and Income

This lesson covers how to record your sales and track your income in QuickBooks Online. There are two types of sales in QuickBooks: credit sales and cash sales. By the end of this lesson, you will be able to keep track of your credit sales by creating and emailing invoices to your customers as well as recording cash sales where no invoice is needed.

You will also learn how to apply payments received to outstanding invoices so that your accounts receivable (A/R) is up to date and income is not counted twice. After this lesson, learn about A/R aging reports, which will help you manage unpaid invoices.

The Managing Sales and Income in QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Create Estimates (Quotes or Bids)( )

TUTORIAL02How to Create and Send Invoices( )

TUTORIAL03How to Receive Payments( )

TUTORIAL04How to Create & Send Sales Receipts( )

Part 3:

---

Managing Bills and Expenses

This lesson covers how to manage your bills and record expenses in QuickBooks. As a small business owner or manager, you know that managing expenses is as important as generating sales. By the end of this QuickBooks lesson, you will be able to keep track of expenses in a couple of ways.

First, you can write and print checks directly from QuickBooks to pay for expenses that require immediate payment. Second, you will be able to manage what you owe to vendors by entering and tracking bills. You will learn to enter the payment of these bills correctly so that the expense is not recorded twice.

The Managing Bills and Expenses in QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Write & Print Checks( )

TUTORIAL02How to Enter Bills( )

TUTORIAL03How to Pay Bills( )

Part 4:

---

Managing Banking Transactions

You will be able to manage all of your downloaded banking transactions by the end of this lesson. You will also understand how to enter basic banking transactions manually. Finally, you can use the reconcile tool to ensure the transactions on your bank statement match what has been entered into QuickBooks, resulting in up-to-date financial statements.

If you need a refresher, we walked through how to import your banking transactions into QuickBooks in Lesson 1, Tutorial 9. The Managing Banking Transactions in QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Enter Banking Transactions Manually( )

TUTORIAL02How to Manage Downloaded Banking Transactions( )

TUTORIAL03How to Record Bank Deposits( )

TUTORIAL04How to Transfer Funds Between Bank Accounts( )

TUTORIAL05How to Handle Bounced Checks From Customers( )

TUTORIAL06How to Process Bank Reconciliation( )

Part 5:

---

Managing Business Credit Card Transactions

Bookkeeping is much easier when cash transactions are kept to a minimum. One way to limit cash transactions is to use a credit card. This lesson will teach you to download and track your credit card purchases in QuickBooks and reconcile them with your credit card statement to ensure that they match.

The Managing Business Credit Card Transactions in QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Enter Business Credit Card Transactions Manually( )

TUTORIAL02How to Manage Downloaded Business Credit Card Transactions( )

TUTORIAL03How to Enter a Credit Card Refund( )

TUTORIAL04How to Reconcile Business Credit Card Accounts( )

Part 6:

---

Managing Credit Card Sales

By the end of this lesson, you will be able to manage credit card sales with either a QuickBooks Payments account integrated with QuickBooks or a third-party credit card processor. You should consider accepting credit card payments as a convenience for your customers and to increase the speed that you collect outstanding invoices.

The Managing Credit Card Sales in QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Manage Credit Card Sales With QuickBooks Payments( )

TUTORIAL02How to Manage Credit Card Sales With a Third-party Credit Card Processor( )

Part 7:

---

Set Up and Manage Payroll

By using QuickBooks Payroll, all your wages, salaries, and payroll taxes will be included automatically in your financial statements. After this lesson, you’ll be able to set up employees in QuickBooks, enter and run payroll, pay employees by direct deposit or check, and reconcile your payroll taxes.

The Set Up and Manage Payroll lesson includes the following seven tutorials:

TUTORIAL01How Set Up and Run Payroll( )

TUTORIAL02How to Manage Payroll Tax( )

TUTORIAL03How to Add Historical Payroll Data( )

TUTORIAL04How to Set Up Automatic Deposits

TUTORIAL05How to Print Payroll Checks( )

TUTORIAL06How to Run Payroll Reports( )

TUTORIAL07How to Reconcile Payroll Liabilities

Part 8:

---

Reporting in QuickBooks Online

QuickBooks will generate important reports that will provide you, your accountant, and your banker important insights into the financial health of your business. This QuickBooks tutorial will teach you the importance of and how to print the profit and loss report, balance sheet report, statement of cash flows, and A/R and accounts payable (A/P) aging reports.

One of the primary purposes of using bookkeeping software like QuickBooks Online is to determine the health of your business at any given point in time. Having the ability to produce solid, accurate financial statements can benefit you in the following ways:

• You might gain potential investors
• You might secure a business loan or line of credit
• You can make better business decisions, such as whether you should sell a new product or service or drop one that is not doing so well

The Reporting in QuickBooks lesson includes the following tutorials:

TUTORIAL01How to Run a Profit and Loss Statement( )

TUTORIAL02How to Run a Balance Sheet Report( )

TUTORIAL03How to Run a Statement of Cash Flows( )

TUTORIAL04How to Run an A/R Aging Report( )

TUTORIAL05How to Run an A/P Aging Report( )

Wrap Up

Our QuickBooks Online tutorial will teach you the basics you need to know to start keeping the books for your small company or employer. Don’t be intimidated by the size of the tutorial―take one lesson or tutorial at a time. Get started today.

❦ 𝕂𝕚𝕟𝕕𝕝𝕪 𝕃𝕚𝕜𝕖 / 𝔽𝕠𝕝𝕝𝕠𝕨 𝕆𝕦𝕣 ℙ𝕒𝕘𝕖 𝕥𝕠 𝕜𝕖𝕖𝕡 𝕦𝕡𝕕𝕒𝕥𝕖𝕕 ☕