Introduction to Quickbooks Online
Why pay your Accountant or Bookkeeper thousands of $$$ to manage your business!!
Do it yourself and manager your Small Business accounting using Quickbooks online and essential Business concepts to save your money. Small Business, Entrepreneurs and Consultants will learn how to manage the financial part of your business. You will learn:
How to enter and setup Vendors and Customers?
How to record cheque, online and Visa payments?
How to keep good financial records
How to prepare for Financial Statements for tax remittances, banks, creditors? Other reports available in Quickbooks which will help you make good financial decisions?
If you should remit HST and how?
Budget and Forecast- What are these? Do I need it? And how to enter it in Quickbooks
Understand the Quickbooks and Business concepts required to make your business succeed and proper. This session will cover many areas and will help you navigate through Quickbooks (similar 3 month courses are offered at the college level. Little or no Quickbooks online experiece is necessary to participate in this workshop. This session will help small business owners will little or no financial experience.
The importance of storing financial files
Financial Statements- What are Financial Statements? Why are they important? How do we prepare them from scratch and through the use of Quickbooks?
Understand basic Accounting Concepts and Terms
Quickbooks online modules to help you enter financial information.
How to enter Customers and Vendors information in Quickbooks
HST Remittances- Should you collect HST? One approach to calculating HST and when to remit
Creating the Profit & Loss statements by using Quickbooks. Look at other reports and how it can be helpful to your business
Creating Budgets and how it can help your business
Looking at financial trends