QuickBooks® Advanced Training Package
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- Introduction
Using this guide
Resources specifically for accountants
Additional QuickBooks resources
- Maximum number of list items and transactions
Select the appropriate QuickBooks product for a client
QuickBooks custom form field lengths
- Preparing for setup
Creating the QuickBooks company file
Using the QuickBooks Home page
Converting files from other Intuit applications
Converting files from Peachtree
Setting up QuickBooks payroll
Setting up QuickBooks for multiple users
Creating budgets and forecasts
- Managing fixed assets
Amortizing loans
Reconciling accounts
Reports for evaluating client data
Determining concentration of credit risk
- Overview
Generating custom financial statements and supporting documents
QuickBooks report types
Generating QuickBooks reports
Understanding basic customization options
Customizing QuickBooks preset reports
Filtering report data
Saving reports
Setting up reports for clients
Printing reports
- Overview
Importing and exporting between QuickBooks files
Exporting from QuickBooks to other software
Importing information from other programs to QuickBooks
Sharing QuickBooks data with contact management software
Linking QuickBooks data to tax products
- Supporting multiple versions and products
Accessing client data files
Performing file management tasks
Performing period-end and year-end procedures
- Troubleshooting is part of the job
A cash-basis balance sheet shows a balance for A/R or A/P
Liabilities shown on the payroll liabilities report don’t match the payroll liabilities shown on the client’s balance sheet
Amounts shown on the inventory valuation report don’t match the amounts shown for inventory on the balance sheet
Some of the A/R and A/P reports don’t match the amounts shown on the balance sheet
Retained earnings have changed from last year
Why is there a balance remaining in Opening Balance Equity?
A client owes less sales tax than is shown in the Pay Sales Tax window
A client is unable to reconcile a bank statement
Accounting for NSF checks
Void a check from a closed period without restating the financial statements
A paycheck is lost, damaged, or contains an incorrect amount
Employee advances need to be tracked and deducted
Troubleshooting corrupted company files