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Course Details

Overview of Topics

  • Why is Bookkeeping Important?

    2 mins
  • The Pareto Principle: The 80/20 Rule

    6 mins
  • Entering Historical Transaction

    25 mins
  • Setting up Bank feed from Bank feed Center

    75 mins
  • Navigating Customer Information from Customer Center

    99 mins
  • Entering Invoice Details in QuickBooks

    123 mins
  • How to print checks in QuickBooks

    148 mins

Course Description

QuickBooks is accounting software that offers several versions designed to fit the needs of most small or medium-sized businesses. All versions of QuickBooks offer tools for routine accounting that simplify tracking income and expenses; more advanced versions provide features for managing contractors, setting prices or tracking inventory. This QuickBooks webinar for beginners teaches small business owners and bookkeepers to use QuickBooks Desktop on a PC including setup, daily data entry, reports and other processes.

This webinar would cover : 

  • Choosing the right version of QuickBooks for your needs, and how to set it up.
  • Overview of different QuickBooks’ features
  • Accessing different reports within QuickBooks.
  • Track your daily sales income and all your expenses. 
  • Generating instant Profit and Loss report and Balance Sheet for taxes.

Webinar Qualifies for

  • 3.5 CPE credit of Computer Software & Applications for all CPAs
  • 3.5 CPD credit (Verifiable) for Canadian CPAs
  • 3 CE credit of Computer Technology for Maryland Tax Preparers
  • 3.5 General Educational credit for Tax Professionals/Bookkeepers/Accountants

Learning objectives

  • To recognize the importance of good record keeping
  • To identify when do you need a bookkeeper and when can you do it yourself?
  • To recognize the common bookkeeping mistakes business owners make
  • To identify ways of Setting up QuickBooks
  • To recall the QuickBooks Preferences

About Presenter

A natural teacher, Alicia earned her Master of Arts in Teaching, but instead of turning to the public schools, she developed computer curricula. She blends the skills of technology, the art of communication, the patience of a trainer, the wisdom of a business consultant, and the detailed eye of an obsessive-compulsive to bring you the finest in business solutions.


Founded by Jamie Pollock and Alicia Katz Pollock, Royalwise is an Apple, Microsoft, and Intuit-certified computer training and support company. We are certified to train and support all Apple products, Microsoft Office, QuickBooks on any platform. As a member of the Apple Consultants Network, we are certified by Apple to support all desktop machines running OS X and mobile devices running iOS. We have vast experience with iPads and iPhones, and how to configure and utilize iCloud to sync your data seamlessly.

Review Questions

  • Question 1 : 00:15
  • Question 2 : 00:30
  • Question 3 : 00:45
  • Question 4 : 01:00
  • Question 5 : 01:15
  • Question 6 : 01:30
  • Question 7 : 01:45
  • Question 8 : 02:00
  • Question 9 : 02:15
  • Question 10 : 02:30
  • Question 11 : 02:45
  1. What should be hired out when a task occurs on a regular basis in QuickBooks?
  2. Which one of the following is a task occurs only one time and should be contracted out in QuickBooks?
  3. The 80/20 rule, also known as the “_____________”, is a universal truth in all businesses.
  4. Which is the most important law of business?
  5. Which of the following is key reports that should be reviewed in QuickBooks?
  6. The _____________ selected has an impact on the accuracy and amount of detail in your QuickBooks® reports. The _______________ also signifies how much data you will have to enter.
  7. Which one of the following is needed to prepare company data in QuickBooks?
  8. Company information, Sales tax due, vendor and customer balances, Bank account balances, chart of accounts, payroll tax information, inventory items, and Income tax form used are needed to prepare company data in QuickBooks.
  9. Which one of the following way your bank sends you statements at the end of every month?
  10. _________________are objects built from your Inventory parts that you want to track, report on, and resell as single units.
  11. Which is the feature QuickBooks that allows you to match your transactions to the ones the bank has?
  1. Which one of following is a task that you should hire out rather than doing it yourself in QuickBooks?
  2. Which one of the following is biggest expenses in business critical to cash flow in QuickBooks?
  3. If you've used online banking to download history into an account, the ____________is the first entry on the bank register and by default its marked____________.
  4. When you will need to delete the Opening Balance Entry created by QuickBooks Online Banking and enter the proper opening balance for the date you’ve started entering your historical transactions using the method described above?
  5. What is the characteristics of ICON bar?
  6. What is PEBCAK?
  7. Which option shortens the appearance of a subaccount name in reports by showing only the subaccount name without the parent account?
  8. Which one of the following is key actions to take at the end of the day in QuickBooks?
  9. Equity equals to
  10. What is the backbone of QuickBooks?
  11. Parts purchased, but not kept on hand as inventory known as:
  12. QuickBooks add a standard __________ Markup onto the FedEx charges for time spent handling shipments.
  13. _____________allow the automatic increase or decrease of prices on Invoices, Sales Receipts and Credit Memos.
  14. How to keep track of information about, and phone conversations with customers and vendors in QuickBooks?
  15. Account payable are part of company’s _____________________.
  16. QuickBooks set all bills to come due __________after receipt as the standard, but that can be overridden on each bill as it comes in.
  17. Any transactions that you entered manually into your QB should be marked as “____________.”
  18. Which account is used to track principal balance owed in loan?

FAQ

  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at 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% and test takers will not be provided feedback on failed exams.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

Refund/Cancellation Policy

  • For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
  • Please email to   help@my-cpe.com  in case of any self study program queries.

Reviews

4.2
(5)
40%
40%
20%
0%
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  • TW
    Terry Wheatley
    Sep 11th 2020
    This course was brilliantly offered with a very knowledgeable and engaging presenter which delivered a Fantastic, clear and Completely understandable webinar which felt very much productive.
FH
Frank Hajek , CPA
This is the first time I understand the Quickbooks program. I appreciate the instructor preparedness of the information. I would definitely recommend the instructor.This course was brilliantly offered with a very knowledgeable and engaging presenter
LH
Leslie Hamilton , CPA
Outstanding presenter! Very informative webinar. Highly recommend. I didn't take this as a test prep, but only to become familiar with software features/functionality. I appreciate the information. Thank you!
PO
PHYLLIS ODLE , EA
I really felt that the duration of the webinar is not really that apt for the lectures, i feel there should be more run time for webinar sinc the webinar has a lot of great and good information to improve the use of all the tools available in QBO

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

On-Demand Webinars

IRC 199A: 2 YEARS IN – KEY OVERLOOKED PLANNING INITIATIVES
Wednesday, November 11, 2020 View Details/Register
PASSIVE LOSS ISSUES WITH SCHEDULE K-1S
Wednesday, November 11, 2020 View Details/Register
IRS TAX PRACTICE & PROCEDURE INTRODUCTION
Friday, November 06, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON Partnerships & LLCs (FORM 1065) - 2020 UPDATES
Friday, November 06, 2020 View Details/Register
ITEMIZED DEDUCTION UPDATES - WITH EXAMPLES & CASE STUDIES
Thursday, November 05, 2020 View Details/Register
COVER YOUR ASSETS: FRAUD AND INTERNAL CONTROLS
Monday, November 02, 2020 View Details/Register
Excel Accountant: CREATING ERROR-FREE EXCEL SPREADSHEETS
Monday, November 02, 2020 View Details/Register
HOW TO ANALYZE YOUR CLIENT’S TAX SITUATION
Monday, November 02, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S) - 2020 Updates
Friday, October 30, 2020 View Details/Register
IRS PENALTIES, ABATEMENTS, AND REASONABLE CAUSE
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP - NFP AND GOVERNMENTAL ACCOUNTING & AUDITING UPDATE
Wednesday, October 28, 2020 View Details/Register
IS IT DEDUCTIBLE: COMMONLY ASKED IRS DEDUCTIONS (UPDATED 2020)
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP – INTRODUCTION TO NFP AND GOVERNMENTAL ACCOUNTING & AUDITING
Monday, October 26, 2020 View Details/Register
Ethics for Wyoming CPAs
Friday, October 09, 2020 View Details/Register
CPA & ACCOUNTANTS: WHAT YOU SHOULD KNOW ABOUT CREDIT CARD SURCHARGING & IT'S LEGALITY
Thursday, October 22, 2020 View Details/Register
  • Cost $35
  • CPE Credits 3.5
  • CPD Credits 3.5
  • Subject Area Computer Software and Applications
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Published Date September 24 ,2020
  • Who should attend? Bookkeeper Accountant CPA - Small Firm CPA - Mid Size Firm Accounting Firm Young CPA CPA in Business Entrepreneurial CPA Tax Accountant (Industry) Accounting Practice Owners Senior Accountant Accounts Director Chief Accounting Officer Entrepreneurial Accountant Accounting Managers Staff of Accounting Firm
  • Handout Material Download
  • Key Terms Download

On-Demand Webinars

IRC 199A: 2 YEARS IN – KEY OVERLOOKED PLANNING INITIATIVES
Wednesday, November 11, 2020 View Details/Register
PASSIVE LOSS ISSUES WITH SCHEDULE K-1S
Wednesday, November 11, 2020 View Details/Register
IRS TAX PRACTICE & PROCEDURE INTRODUCTION
Friday, November 06, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON Partnerships & LLCs (FORM 1065) - 2020 UPDATES
Friday, November 06, 2020 View Details/Register
ITEMIZED DEDUCTION UPDATES - WITH EXAMPLES & CASE STUDIES
Thursday, November 05, 2020 View Details/Register
COVER YOUR ASSETS: FRAUD AND INTERNAL CONTROLS
Monday, November 02, 2020 View Details/Register
Excel Accountant: CREATING ERROR-FREE EXCEL SPREADSHEETS
Monday, November 02, 2020 View Details/Register
HOW TO ANALYZE YOUR CLIENT’S TAX SITUATION
Monday, November 02, 2020 View Details/Register
BEST TAX RETURN WORKSHOP ON S CORPORATION (1120S) - 2020 Updates
Friday, October 30, 2020 View Details/Register
IRS PENALTIES, ABATEMENTS, AND REASONABLE CAUSE
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP - NFP AND GOVERNMENTAL ACCOUNTING & AUDITING UPDATE
Wednesday, October 28, 2020 View Details/Register
IS IT DEDUCTIBLE: COMMONLY ASKED IRS DEDUCTIONS (UPDATED 2020)
Wednesday, October 28, 2020 View Details/Register
YELLOW BOOK BOOT CAMP – INTRODUCTION TO NFP AND GOVERNMENTAL ACCOUNTING & AUDITING
Monday, October 26, 2020 View Details/Register
Ethics for Wyoming CPAs
Friday, October 09, 2020 View Details/Register
CPA & ACCOUNTANTS: WHAT YOU SHOULD KNOW ABOUT CREDIT CARD SURCHARGING & IT'S LEGALITY
Thursday, October 22, 2020 View Details/Register