myCPE
myCPE

QuickBooks Fundamental Certification (QBFC)

Gain a competitive edge with in-depth skill focused program

Last Updated

December, 2024

Accountant/Bookkeeper/Tax Professionals, CPA in Canada, CPA (US)
18 Hours 
On Demand
Included with Subscription

Why Professionals Trust Our Advance Certification Programs

  • Access to cutting-edge industry knowledge and practices.
  • Comprehensive training designed to meet professional needs.
  • Fulfill compliance requirements while acquiring valuable skills.
  • Ongoing updates to course content for relevant industry trends.
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certificate
certificate

What You’ll learn

Looking to simplify your business finances? The Basic QuickBooks Course provides beginners with clear, step-by-step instructions to effectively set up and manage their finances. From creating your company profile to categorizing expenses, this course empowers you to handle bookkeeping tasks with confidence. Designed for entrepreneurs, aspiring bookkeepers, and first-time QuickBooks users, it’s the ideal foundation for mastering small business accounting.

Get Deeper Understanding of:

  • The key steps to setting up QuickBooks for new users.
  • Organizing accounts for better expense and income tracking.
  • Leveraging QuickBooks tools to streamline daily transactions.
  • Ensuring accurate reconciliations with proven methods.
  • Using financial insights to support informed decision-making.

Recommended For:

  • CPAs, accounting, and finance students who want to develop a strong foundation in QuickBooks for effective small business financial management.
  • Entrepreneurs, freelancers, and bookkeepers seeking practical skills to handle daily financial tasks with confidence.
  • Individuals new to accounting looking for an easy-to-follow introduction to QuickBooks Online.

Why take the QuickBooks Fundamental Certification (QBFC) Course with MYCPE ONE?

Resources included

  • Handout PDFs for every Module
  • Glossary/Key Terms for every module
  • Q&A directly with instructors.

Career Opportunities

  • Small Business Bookkeeper
  • Accounts Assistant
  • Freelance QuickBooks Consultant
  • Administrative Finance Coordinator
  • Entry-Level Accountant

Value Addition to your skills

  • QuickBooks Online setup expertise
  • Efficient financial tracking and reporting
  • Transaction management and reconciliation skills
  • Strong organizational abilities
  • Improved business performance analysis
  • Confidence in managing business finances

Courses

Course Title Time
1 Hour
  • Explain QuickBooks Online setup, company management, and home dashboard for financial monitoring.
  • Compare the advantages and drawbacks of using QuickBooks Online for business operations.
  • Analyze how to implement tags for improved tracking, reporting, and manage the Chart of Accounts in QuickBooks Online.
2 Hours
  • Identify the main chart of Account types.
  • Recall the steps to modify the default Chart of Accounts.
  • Recognize how the Chart of Accounts populates your Profit & Loss and Balance Sheet reports.
3 Hours
  • Analyze how to connect bank accounts and credit cards to QuickBooks Online and customize banking feed options.
  • Discuss importing new transactions, matching existing ones, and pairing them as they clear the bank.
  • Analyze the role of artificial intelligence in automation and how the Banking Feed identifies new transactions.
2 Hours
  • Connect bank accounts to QuickBooks® and import new transactions as they clear the bank.
  • Import previous transaction history and classify transactions through the Bank Feed to save time.
  • Identify which transactions should NOT be imported automatically to ensure accuracy.
1 Hour
  • Differentiate between accrual and cash basis accounting methods and record transactions accordingly in QuickBooks.
  • Analyze the impact of prepaid expenses and manage unearned revenue effectively in QuickBooks Online.
  • Apply appropriate accounting methods for supplies under both accrual and cash basis.
2 Hours
  • Review the QuickBooks Online dashboard and its key elements for effective financial tracking.
  • Manage customers, vendors, contractors, and create invoices or sales receipts for accurate revenue and expense tracking.
  • Utilize QuickBooks Online’s reporting features to optimize compliance, tax savings, and overall financial efficiency.
2 Hours
  • Connect your bank accounts to QuickBooks and classify transactions through the Bank Feed for time-saving data entry.
  • Review which transactions should not be imported automatically and analyze reconciliation tips for accuracy.
  • Reconcile bank accounts and credit cards, troubleshoot issues, and remove stray transactions effectively.
2.5 Hours
  • Identify key sections and accounts in financial statements and advanced reports.
  • Customize reports and utilize tools in the Modern Reports layout.
  • Explore reporting features in QuickBooks Online Advanced.
1.5 Hours
  • Know when to perform a manual backup and set up automatic backups in QBO.
  • Discuss how to export QBO data to .csv files.
  • Identify the best backup software solutions for your needs.
1 Hour
  • Explore QuickBooks Online Mobile App features not available on the website.
  • Analyze how to create and email estimates, invoices, and sales receipts via the mobile app.
  • Discover how to take pictures of receipts and manage time cards using the app and related 3rd-party apps.
Disclaimer : Before attending any course, please verify that the credit details align with your qualification requirements. This certificate is designed to help you acquire new skills and knowledge, which may or may not fulfill specific compliance criteria. While we have made every effort to ensure our courses adhere to compliance standards, we recommend reviewing the details to confirm applicability for your needs.

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Frequently Asked Questions

This course covers fundamental QuickBooks topics, including setting up QuickBooks Online, customizing your Chart of Accounts, and organizing customer, vendor, and product profiles. You’ll also learn to manage basic transactions like creating invoices, recording payments, and entering bills. Additionally, you will explore linking bank accounts, reconciling transactions, and generating essential reports to track financial performance.

This course will teach you how to efficiently set up and manage your QuickBooks Online account for your small business or personal finances. You will learn how to organize your Chart of Accounts, handle day-to-day transactions like invoicing and bill payments, and reconcile your accounts. With these skills, you’ll gain the confidence to track financial performance and generate simple reports that help you make informed decisions about your business finances.

Certificate course is created by a qualified and experienced instructor(s). myCPE Certificate Courses includes Self-study Courses. Most of the courses are in the form of On-demand Videos. The Self-study Video courses in Certificate courses may be Live recorded presentations converted into Self Study (On-Demand Videos).

You can take your time and attend the course at your own pace. You can take exam unlimited time. So, don’t worry, if you are not able to pass an exam. You will be getting a chance to attend the exam again.

After completion of each course of this Certification Programs, you will be able to download a certificate with the course title and number of hours. Certificates, as well as your study records, are stored for life and you can access them anytime. Certificates are valid proof for your continuing education credits and you can also add it as an additional designation.

Once you register you will have complete access to all the courses of this Certification Programs. The self-study format allows you to access the material online 24x7 and study at your own pace.

As per NASBA guidelines, you have one year from date of purchase of your certificate to complete each program. After completion of each course, you can attend final exam any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.

Course have minimum passing score of 70% in the final exam and you can take multiple attempts of the said exam.

Our video player tracks & stores the watch time and will show you in the progress bar. But you make sure that you don’t fast forward or manually try to move the progress bar. If you have fast forwarded the video or tried to manually move the progress bar of the video. System wouldn’t capture your watch time. So please, let the video go on its own. However, being on-demand video you can pause and play and whenever you want and you can watch it in pieces. It will pick up from where you left off. So, for a self study courses you will have to
1. Complete the entire video 100%.
2. Answer all the review questions correctly. The review questions are at the bottom of the same page where you are viewing the course video.
3. Once you have watched the whole video and answered all the review questions, the Final Quiz will open up. You need to score more than 70% in the Final Quiz to avail your CPE credit. Multiple attempts are allowed for submitting Review and Final Quiz questions.
4. Once you have completed the Review and Final quiz questions, you shall be able to download the credit certificate from the ‘My Certificates’ section. Kindly ensure you have allowed Multiple File download from your web browser to download all certificates.
5. You can download individual certificate from your "Account" as well as from this page once you complete a particular courses. Also, you can download "Consolidated Certificate" from the package page or from your account.

A Self-study course is a recorded video (If it’s a recording of a live course you may see polling questions appearing on the screen. You do not need to answer the polling questions and just let the video play). Do not fast forward. If you fast forward, we may not be able to capture your watch time and you may be required to watch it multiple times. In order to avail your credits for the self-study course, you need to answer the review questions correctly and complete the entire video. Once you have done that, the Final Quiz will open up in which you need to score a minimum 70% to qualify for the credit. You can attempt multiple times for answering the review questions and Final quiz questions. Once you have completed the Review and Final quiz questions, you shall be able to download the credit certificate from ‘My Certificates’ section.
If neither of the above cases works, please drop an email to support@my-cpe.com or contact our support team through live chat support.

The evaluation form will be sent to attendees in the next 24 hours after passing the final quiz with at least 70% marks. Kindly note that the evaluation form will only be available to attendees who remained logged in till the end of the course and answered all the polling questions.

MY-CPE LLC is PCI Compliant - Approved. myCPE uses a secure payment gateway (Stripe.com) to process your payment details. This payment gateway is in accordance with the PCI-DSS Compliance. Therefore, your payment details are secure through SSL encryption. CLICK HERE to view our PCI compliance certificate. Once you have register for the package and paid for it you shall not be granted any refund unless you are not able to access courses for any reason etc.
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