Bookkeeping

QuickBooks Prep

About the Program

This online program will provide an introduction to the concepts and uses of accounting in a business environment. The primary areas of study in this course include analysis of business transactions, recording procedures and the use of ledgers and journals, accounting for sales and purchases, managing cash, payroll, accruals and deferrals, and preparation and analysis of basic financial statements. After completing this course, students will have solid understanding of business and financial accounting and its role in bookkeeping administration.

Students will learn how to use QuickBooks Online plus by completing two monthly accounting cycles. In the first lessons, accounting for selling service items will be covered. In later lessons, both service items and inventory items that are sold will be covered. Preparing payroll and creating a new company will also be included. Prior to taking this course, you should be familiar with the accounting cycle and how it is related to a business. While no prior knowledge of QuickBooks Online is required, it will be beneficial to have an understanding of accounting principles.

The majority of this course will be conducted through drill exercises and related practice activities and quizzes based on the knowledge you have gained through completing each chapter. Be prepared for a thorough, and extensive hands-on experience throughout the journey of completing this QuickBooks course. While the reading requirements are light, each chapter contains a number of drills that you must complete, as well as the practice activities assigned and lesson quiz.

This is a self-paced program. Self-paced programs create a unique learning experience that allows students to learn independently and at a pace that best suits them.

    • Recognize accounting transactions and record them in journals using proper formats.

    • Use accounting software and spreadsheets to input, manage, and interpret information.

    • Apply the concepts of accrual accounting to transactions that span fiscal periods.

    • Record accounting transactions for merchandising operations and understand how to cost inventories using a variety of methods.

    • Journalize transactions specific to managing cash and accounts receivable.

    • Record transactions for uncollectible accounts.

    • Prepare financial statements including income statements, statements of retained earnings, balance sheets and statements of cash flow.

    • Create professional and accurate financial documents.

    • Navigate QuickBooks Online Plus program

    • Create and use a company

    • Analyze and record transactions for service and inventory businesses

    • Conduct transactions for both customer and vendor requests

    • Complete transactions and account for two full monthly business cycles

    • Prepare Payroll using QuickBooks Online Payroll

    • Create and print business forms and reports

 

Certification

This course fully prepares students to take the Intuit QuickBooks Certified User Online certification exam.

The certification exam is not a requirement for graduation. Vendor certifications are at the student’s expense. Vouchers may be available depending on the student’s funding and financial aid.

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Students are eligible for a free 365 day copy of Intuit QuickBooks Online Plus from the Intuit Education Program in order to follow along with the course content.


Tuition: $3,727

Duration: 280 Hours

Students will have access to the program for 1 full year.

Prerequisites: HS diploma/GED, basic computer skills and familiarity with the internet

To learn more about ETI’s tuition and financial aid options, click here.


Course Outline

    • Introduction to Accounting

    • Analyzing Business Transactions

    • Recording Transactions

    • Accounting for Sales and Purchases

    • Payroll

    • Accruals, Deferrals and the Worksheet

    • Financial Statements and Closing Procedures

    • Introduction to QuickBooks Online Plus

    • Create a Company

    • Sales and Receivables: Service Items

    • Payables and Purchases

    • General Accounting and End-of-Period Procedures

    • Sales and Receivables: Product and Service Items

    • Payables, Purchases and Inventory

    • General Accounting, End-of-Period Procedures, and Budgets

    • Payroll

    • Quickbooks Desktop, Mobile and Additional Features