Course Description

Quickbooks Online Accounts course is about how to use Quickbooks Online based on the most popular functions which you as a Quickbooks Online operator needs to know how to use, in order to be proficient in using the online software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

  1. Read the task
  2. Watch the video
  3. Have a go at it yourself on your own system
  4. Rewatch the video (if necessary) - to reinforce the learning

You’ll learn how to set up a quickbooks system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

  • You are thinking of working with the online software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use Quickbooks for yourself.

You will need to have access to a Quickbooks Online. The instructor is usually online to answer student queries for 2 hours each day.

The course materials includes:

  1. the handout of the assignment task
  • access to the QuickBooks Online software for FREE for 21 days
  • A 384 page manual on QuickBooks online

Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts. The next step would then be to take our QuickBooks Online Level 3. Note - there is no level 1.

The course will take about 3-4 hours to complete

Serial author and entrepreneur

Lisa Newton

Lisa Newton BA MSc FMAAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, software, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007 and in 2008 Enterprising Business Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. Lisa's books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible. Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals. In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation and cosmic ordering.

Course curriculum

  • 1

    Lecture 1 The structure of the course - first things first! Preview

    • qbo 3 set up data_x264
  • 2

    Lecture 2 Set up your free trial

    • QBO Set up free trial_x264_001
  • 3

    Lecture 3 Starting A New Company File

    • qbo 4
  • 4

    Lecture 4 Setting up nominal accounts / amending the nominal ledger

    • qbo
  • 5

    Lecture 5 Enter opening balances

    • Trial Balance
  • 6

    Lecture 6 Reverse Opening Balances - accruals and prepayments and run report

    • task 2.1
  • 7

    Lecture 7 Report - journal 2

    • t 2.1
  • 8

    Lecture 8 Amend the Nominal Ledger

    • task 3.1
  • 9

    Lecture 9 Report listing the nominal ledgers

    • task 3.2
  • 10

    Lecture 10 Enter customers

    • qbo - task 4.1 enter customer details_x264
  • 11

    Lecture 11 Report on customer contact information

    • qbo - task 4.2 customer report_x264
  • 12

    Lecture 12 Entering Suppliers

    • qbo - task 4.3 enter suppliers_x264
  • 13

    Lecture 13 Report on supplier contact information

    • qbo - task 4.4 supplier contact list_x264
  • 14

    Lecture 14 Enter invoices

    • qbo - task 5.1 a invoicing - first time_x264
  • 15

    Lecture 15 Invoice entering

    • tsk 5.1
  • 16

    Lecture 16 Invoice batch

    • task 5.1 c
  • 17

    Lecture 17 Post Sales Credit Notes

    • task 5.2
  • 18

    Lecture 18 Report showing Customer Activity

    • task 5.3
  • 19

    Lecture 19 Aged Debtors

    • task 5.4
  • 20

    Lecture 20 Post Supplier Invoices

    • qbo - task 6.1 enter the first supplier bill_x264
  • 21

    Lecture 21 Entering a batch of supplier bills

    • T 6.1
  • 22

    Lecture 22 Credit Notes Suppliers

    • t 6.2
  • 23

    Lecture 23 Reclassify supplier bills - flash bulbs purchased

    • t 6.1 r
  • 24

    Lecture 24 Supplier Account Activity Report

    • t 6.3
  • 25

    Lecture 25 Post Cheques

    • t 7.1
  • 26

    Lecture 26 Report showing supplier payments

    • t 7.2
  • 27

    Lecture 27 Receipts from customers

    • t 7.3
  • 28

    Lecture 28 Report showing customer receipts

    • t 7.4
  • 29

    Lecture 29 Post Petty Cash Transactions and Report

    • qbo - task 8.1 top up petty cash_x264
  • 30

    Lecture 30 Post cash payments to ledgers

    • t 8.2
  • 31

    Lecture 31 Enter petty cash items

    • t 8.3
  • 32

    Lecture 32 Report on Petty Cash Payments Proper

    • t 8.4
  • 33

    Lecture 33 Post Sundry Payments

    • t 9.1
  • 34

    Lecture 34 Report Bank Payments

    • t 9.2
  • 35

    Lecture 35 VAT Return

    • t 10
  • 36

    Lecture 36 Reconcile The Bank

    • t 11
  • 37

    Lecture 37 Post the Wages Journal

    • t 11.2
  • 38

    Lecture 38 Posting Journal adjustments

    • t 12. 1
  • 39

    Lecture 39 Run a report on the PnL and Balance Sheet

    • t 12.2
  • 40

    Lecture 40 Month end adjustments

    • t 13.1
  • 41

    Lecture 41 Month end reports

    • t 13.2
  • 42

    Lecture 42 Further learning

    • Lecture 42 Further Reading - QuickBooks Online 2014 The Handbook 1405