QuickBooks Live Recorded Lectures
Starting From Available for Immediate Enrollment and Access
Duration:
3 Months
Fees:
50000 PKR
Discounted Fees:
20000 PKR
Mode Of Training:
LMS
Access recorded live sessions of QuickBooks training, and learn how to manage your business finances with expert guidance at your own pace.
- • Learn basic to advanced QuickBooks functions
- • Understand key QuickBooks features and tools
- • Record and reconcile accounts accurately
- • Manage inventory with QuickBooks reports
- • Gain practical financial reporting skills
- • Apply QuickBooks concepts with real-life cases
- • Create and customize invoices for clients
- • Track inventory and sales tax effectively
- • Master payroll processing with ease
- • Enhance business efficiency with expert tips
1
1st Lecture U.S. QuickBooks Advanced Training
- Introduction
- The importance of QuickBooks with student success stories
- QBOA and Pro-connect Signup
- LMS intro and Different Subject/trainings overview
- QuickBooks Online and Desktop different versions
2
2nd Lecture U.S. QuickBooks Advanced Training
- QBOA offers free access, training, videos, certifications via ProAdvisor.
- Chart of Accounts lists assets, liabilities, equity, revenue, expenses.
- CoA has assets, liabilities, equity, revenue, expenses for reporting.
- Assets = Liabilities + Equity; CoA feeds balance sheet, P&L.
- CoA tracks debits/credits; T-accounts show $1 P&L/balance sheet impact.
- Direct (materials) vs. indirect (utilities); cash vs. accrual basis.
- QBO forms: invoices, bills (posting); estimates (non-posting).
- Cash basis for services records cash flow, no complex forms.
3
3rd Lecture U.S. QuickBooks Advanced Training
- Review COA types, accounting methods (cash/accrual, direct/indirect), key forms, and QBO options for cash-basis businesses.
- Compare two clients: an active nonprofit organization and a brand-new ecommerce business.
4
4th Lecture U.S. QuickBooks Advanced Training
- Discuss main menu bar in QBO + new icon and Setting I con
- Identify which accounts require opening balances among the 15 chart of accounts types.
- Explain how to enter an opening balance for an account like a bank with the correct journal entry.
- Describe 3 ways to enter opening balances for 6 balance sheet account types.
- Guide on entering opening balances for inventory (temporary method), A/R and A/P (via journal entries with customer/vendor names).
- Enter $1 opening balances for 9 balance sheet account types (using direct inventory account for now).
5
5th Lecture U.S. QuickBooks Advanced Training
- Reconcile month-end for ecommerce (Shopify, TikTok, etc.) using one Chase account (single-member LLC).
- Adjust opening balances by comparing 2023 tax return and 2024 bank statements in Excel (Column 1: 2023 Return, Column 2: 2024 Adjustments)
- How to merge account how to advance merge (undo sub account, change type save and then merge
- How to delete and make account inactive
- How to make sub accounts
6
6th Lecture U.S. QuickBooks Advanced Training
- Reconcile month-end for ecommerce (Shopify, TikTok, marketplaces) using one Chase account (single-member LLC, one bank statement).
- How to work with non-specified vendors
- How to work with open transaction (checks) in register
- How to move the open/unknown transactions to unknown bank (enter mistakenly by owner, bookkeeper and or accountant).
- How to find the vendors history expense history
- What happened if transactions deleted after reconciliations
- How to correct changes in reconciliations
- How to undo and redo reconciliations
- How to prepare month end reports
- How to merge account how to advance merge (undo sub account, change type save and then merge
- How to delete and make account inactive
- How to make sub accounts
7
7th Lecture U.S. QuickBooks Advanced Training
- Who completed the assignment?
- How many CPA, bookkeeping, accounting firms and or direct CPA contacts do you want? Give any number!
- Working with Classes and Locations
- Management reports explanation
8
8th Lecture U.S. QuickBooks Advanced Training
- Working with Locations
- Discuss glitches not showing locations/match issue etc.
- Management reports explanation and creation in QBO
- A small overview of tax preparation in QBO with accountant tool feature
9
9th Lecture U.S. QuickBooks Advanced Training
- Create tax return from current QBO file into ProConnect tax online
- Meals and entertainment Deduction (charitable contribution to Schedule A)
- Standard Deduction vs Itemized Deductions (with example)
- Sole proprietorship/single member LLC
- Introduction to ProConnect Tax Online interface
- What is form 1040
- What are schedules
- What are form 1099
- How is eligible (see word examples)
- Types of schedules
- What is schedules C
- Detail explanation of schedule C
- Sole Proprietorship vs. Single-Member LLC
- Form 1040 Key Points
- What are Schedules?
- Types of Schedules for Form 1040
- Types of Form 1099
- Schedule C (Profit or Loss from Business)
10
10th Lecture U.S. QuickBooks Advanced Training
- Partner Ship business
- Inventory based business /Accrual Based business
- Tracking inventory
- General entries for inventory bases business? And on accrual based business
- Create chart of accounts for partnership business and inventory based business
- Create items/ inventory /skus
- Link items with chart of accounts
- Receive bills /inventory bills
- Difference between sales receipt and invoice
- Create sales receipt / invoice
- Receive payment against invoice
- Pay inventory bills
- Run Reports
11
11th Lecture U.S. QuickBooks Advanced Training
- LMS is updated with Intuit QBO , intuit QuickBooks desktop and Intuit QuickBooks Payroll working
- Real time client issue with deleting transactions/bills payments/audit trail/ and how to fix the issues
- Transactions types per QBO
- Inventory based business /Accrual Based business
- Tracking inventory
- Difference between sales receipt and invoice
- Create items/ inventory /skus
- Receive bills /inventory bills
- Create sales receipt / invoice
- Receive payment against invoice
- Pay inventory bills
- Run Reports
12
12th Lecture U.S. QuickBooks Advanced Training
- Online banking transactions explanations/match/exclude/delete/categorized delete etc
- Define credit memo
- Define refund receipt
- Different between credit memo and refund receipt in qbo
- Journal entries related to customer refunds
- Define vendor credit
- Journal entries related to vendor stock returns/refunds
- Sales tax/journal entries related to sales tax / sales tax setup in Qbo
- Sales tax proper setup and sales tax setup with items in Qbo
13
13th Lecture U.S. QuickBooks Advanced Training
- Define vendor credit / perform transactions in qbo
- Journal entries related to vendor stock returns/refunds
- Product and services types, (service type, non-inventory part type /discount items and their used in transactions
14
14th Lecture U.S. QuickBooks Advanced Training
- Introduction to QuickRoz Webinar for freelancers and business owners
- Discuss new Amazon client setup: QBO, COA, products/SKUs, accounting method, and monthly reports.
- Sales tax both qbo and by non-inventory part or service item method
- Sales tax journal entries/and pdf
15
15th Lecture U.S. QuickBooks Advanced Training
- Sales tax both qbo and desktop and by non-inventory part item method
- Sales tax journal entries/and pdf
- What is 1099
- What is w9 form
- How to prepare 1099 in Qbo
16
16th Lecture U.S. QuickBooks Advanced Training
- New to Upwork: Getting Started
- Intro to Upwork
- Profile basics
17
17th Lecture U.S. QuickBooks Advanced Training
- Profile enhancements
- Choosing a specialized profile
- Portfolio
- Education
- Profile introduction video
- Certifications
- Testimonials
- 1099 Preparation per vendors
18
18th Lecture U.S. QuickBooks Advanced Training
- Finding work
- Submitting proposals
- Interviewing and negotiating
19
19th Lecture U.S. QuickBooks Advanced Training
- Client communication
- Tools for collaboration
- Work processes
20
20th Lecture U.S. QuickBooks Advanced Training
- ecommerce Business (Amazon and Amazon FBA).
21
21th Lecture U.S. QuickBooks Advanced Training
- eCommerce Business (Amazon and Amazon FBA Inventory Tracking Business).
22
22th Lecture U.S. QuickBooks Advanced Training
- eCommerce Business (Amazon and Amazon FBA non Inventory Tracking Business).
23
23rd Lecture U.S. QuickBooks Advanced Training
- ecommerce Business (Shopify, PayPal, TikTok).
24
24th Lecture U.S. QuickBooks Advanced Training
- Payroll
- What is Payroll
- How to do Payroll Yourself (9 setup to do payroll like pro)
- How does payroll withholding work (detail explanation of payroll withholding working and items)
- Pretax and post tax deduction items and explanations
- Mandatory vs optional payroll deductions explanation with examples
- FUTA taxes and its calculations
- FICA (social security and Medicare calculations and explanations)
- How to do payroll with software
- 3 ways to run payroll and their pros and cons
- Common payroll mistakes and how to avoid them
- Detail explanations of all payroll forms like (I9, W4, W2, W3, 940,941 etc.)
- QuickBooks Online Payroll 2024 Glossary
25
25th Lecture U.S. QuickBooks Advanced Training
- Payroll
- Payroll items type per QuickBooks Desktop and their sub items under each main type
- Federal , State and other Payroll taxes
- Payroll Earning/wages, Deductions/ Contributions/ Taxes/ Reimbursements detail explanation all sub payroll items.
- All payroll sub items linking with chart of accounts type and detail types per QBO
- Understanding of pretax and post-tax items, their deductions and calculation for payroll
- Explanation of Payroll items already created in qb desktop and their lining with profit and loss and balance sheet chart of accounts
- An overview of employee menu and already listed employees in QB desktop
- Detail review of Pay check and payroll items used in pay check/ company contribution and employee deductions on pay check
- Payroll liability payments (Federal & State); detailed forms 940/941 and taxes in next lecture.
26
26th Lecture U.S. QuickBooks Advanced Training
- Payroll
- Payroll taxes, income taxes and other taxes filling deadline per IRS
- Explanation of payroll tax form including EDD and what payroll items include under each form
- Explanation of Federal and state taxes including DE, SIT, UI and ETT
- Explain each payroll item using real ADP client example, including items used, amounts, and payments.
- A list of all business/industries for payroll
- Detail setup of Payroll in QuickBooks online , All step one by one from employee setup to payroll detail reports
27
27th Lecture U.S. QuickBooks Advanced Training
- Payroll
- Setting up employee in QuickBooks online
- Correcting info for personal info, employment detail , tax withholding and all relevant detail for employee
- Setting up deduction and contribution payroll items for employee like HAS, health insurance or retirement plan
- Paying employee practical in QuickBooks online
- How to pay payroll liability for federal and state
- Reviewing the effect of payroll/paycheck on profit and loss and balance sheet
- Modifying payroll setting from gear icon in QBO and adjusting per client requirement
- Exporting all payroll reports on excel sheet
28
28th Lecture U.S. QuickBooks Advanced Training
- Depreciation Of Fixed assets, Amortization of intangible assets , Amortization of Loan
- What is Depreciation and what is Salvage value
- Depreciation method used in USA per IRS, what is MACRS, what is GDS and ADS methods under MACRS
- What is Straight line, 200% Declining Balance Method, 150% Declining Balance Methods
- List of fixed assets and their depreciation period under MACRS (GDS)
- Detail explanation of Straight line, 200% Declining Balance Method, 150% Declining Balance Methods with examples
- How to create fixed asset COA and record monthly depreciation journal entries in QBO with recurring setup.
- Depreciation under section 179 and bonus depreciation
- What is Amortization and detail explanation with example of amortization and recording in QBO
- What is loan amortization and how to record it in QBO
29
29th Lecture U.S. QuickBooks Advanced Training
- USA Individual Tax Return Overview
- For more detail review the USA individual tax return overview PPT
- Your Federal Income Tax for Individual by IRS
- Your Federal Income Tax for Small business Schedule C
30
30th Lecture U.S. QuickBooks Advanced Training
- Business Taxation detail explanation in word file
- C Corporations Publication
- Instruction on form 1120 S, crop
- Partnerships Publication
- US Business Taxation Overview PPT