QuickBooks Level 1 & 2 Course

QuickBooks Level 1 Course

This course teaches you how to perform daily accounting tasks in the General Ledger, Accounts Receivable, Accounts Payable, and Payroll. This course is designed for entry level users of QuickBooks.

Upon completion of this hands-on course, students will be introduced to some basic operations on how to perform daily accounting tasks in the:

  • General Ledger
  • Accounts Receivable
  • Accounts Payable
  • Payroll



Looking at the QuickBooks Screen

The Chart of Accounts

General Ledger Accounts

Company Information

Printing the Chart of Accounts

Using Dates in QuickBooks

General Journal Transactions

Backing Up QuickBooks Data Files

Inventory and Services

Creating Inventory Accounts

Creating Inventory Items

Creating Service Items

Changing Inventory & Service Item Data

Inventory Reports

Vendors and Accounts Payable


Making Purchases

Memorized Payment Transactions

Creating Purchase Orders

Filling a Purchase Order

Finding and Modifying Bills

Paying Vendor Bills

Printing Cheques

Vendor Reports

Customers and Accounts Receivable


Recording Sales

Viewing, Adjusting and Deleting Sales


Payments and Credits on Receivables

Recording Deposits of Payments

Customer Reports

Employees and Payroll

Payroll Overview and Set Up

Employee Records

Maintaining Current Tax Tables

Payroll Cheques and Pay stubs

Remitting Payroll Liabilities

Creating Employee and Payroll Reports

Reporting, Miscellaneous & Year End Procedures

Creating & Printing Financial Reports

Using the Reminders List

Verifying Data Integrity

Year End

QuickBooks Level 2 Course

This course is designed to continue learning the computerized accounting cycle and some of the more important aspects of Payroll and Taxes.

Upon completion of this hands-on course, students will be able to:

  • Review the setup of accounting data
  • Review basic bookkeeping tasks
  • Complete a wide range of specialized and advanced QuickBooks functions in order to meet the bookkeeping needs of a typical small business

Setting up Data Files and Customizing Settings

Creating a New Company Data File

Adding Accounts to the General Ledger

Entering G/L Account Opening Balances

Entering Customer Opening Balances

Entering Vendor Opening Balances

Entering Inventory Opening Balances

QuickBooks Preferences

Banking and Credit Cards

Bank Account Reconciliation

Downloading and Importing Online


Changing the Sales Tax

Set up for Sales on Credit/Debit Card

Entering Customer Sales on Credit Card

Reconciling the Credit Card Account for


Creating and Setting up Credit Cards for


Enter Vendor Purchases on Credit Card

Reconciling the Credit Card Account for


Security, Budgets, Classes and Inventory

Adding Passwords and Security

Logging in as the System Administrator


Handling Accounting by Class

Managing Inventory

Additional Payroll Features

Checking the Tax Tables

Payroll Item List

Pay Cheque Deductions

Employee Benefits

Updating Employee Payroll Records

Allocating Payroll Expenses to Classes

Generating a Payroll Run

Remitting Payroll


Employee Departures

Generating T4 Slips

Personal Tax Credits

Handling Direct Deposit

Working with Foreign Currencies

Dealing with Foreign Currency

Setting up Foreign Currency

Exchange Rate

Setting up a Foreign Currency Bank


Making Purchases in Foreign Currency

Foreign Currency


Pricing Inventory and Services

Setting up for Sales to Foreign Customers

Account in Foreign Currency


Foreign Currency

Foreign Currency Reporting

Miscellaneous Items

Preparing Customer Statements

Charging Interest on Overdue Accounts

NSF Cheques

Handling Bad Debts

Making Records Inactive

Handling Sales Tax

Handling WCB Premiums

Accessing the QuickBooks Web site

Customizing Your Reports

Using Job Tracking

  1. Number of Trainees: 10 person
  2. Training Frequency: 60 hours in total, 3 hours at one time, twice a week, schedule on every Tuesday and Thursday.
  3. Training Duration: Nov 10, 2015 – Jan 12, 2016
  4. Delivery Method: Onsite training (send trainers to participants’ workplace)
  5. Tuition Cost: $200/hr (Total tuition $12,000)