Bookkeeping in QuickBooks Online (Bookkeeping & accounting) Course Syllabus

Overview (80-120 words) describing structure and time commitment.

Module 1: Introduction to Bookkeeping & QuickBooks Online

Estimated time: 6 hours

• Understand the basics of bookkeeping and its role in business finance
• Set up a QuickBooks Online company profile
• Connect bank accounts for automated transaction tracking
• Navigate the QuickBooks Online dashboard and interface

Module 2: Setting Up QuickBooks Accounts & Managing Financial Data

Estimated time: 10 hours

• Set up a chart of accounts (assets, liabilities, income, expenses)
• Record financial transactions: sales, purchases, and payments
• Reconcile bank accounts to ensure data accuracy
• Maintain organized and up-to-date financial records

Module 3: Invoicing, Billing, & Managing Payments

Estimated time: 10 hours

• Create and send professional invoices to customers
• Record customer payments and deposits
• Handle partial payments and issue refunds
• Track overdue invoices and automate payment reminders

Module 4: Accounts Payable & Payroll

Estimated time: 10 hours

• Enter and manage bills from vendors
• Create purchase orders and track outstanding bills
• Process vendor payments and manage accounts payable
• Set up employee profiles and process payroll in QuickBooks Online

Module 5: Financial Reporting & Analysis

Estimated time: 12 hours

• Generate profit and loss statements
• Produce balance sheets and cash flow statements
• Analyze financial reports to assess business health
• Prepare year-end reports and support tax filing processes

Module 6: Taxes & Year-End Procedures

Estimated time: 10 hours

• Manage sales tax collection and track tax liabilities
• Generate sales tax reports and prepare for filing
• Close the books at fiscal year-end
• Generate and file 1099 forms for contractors and freelancers

Module 7: Final Project: Managing a Full Accounting Cycle with QuickBooks Online

Estimated time: 12 hours

• Set up a new QuickBooks Online company from scratch
• Record a full cycle of financial transactions
• Generate and interpret key financial reports

Prerequisites

• Basic computer literacy
• Familiarity with internet navigation
• No prior accounting or bookkeeping experience required

What You'll Be Able to Do After

• Set up and manage a business's financial records in QuickBooks Online
• Accurately record income, expenses, and bank transactions
• Create and send invoices, track payments, and manage accounts receivable
• Process payroll, manage accounts payable, and handle tax reporting
• Generate and analyze financial reports for business decision-making