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Receiving Payments & Deposits
(105) $15 fee On Demand Now that the sale is made, we need to handle to money. This class
builds Processing Sales as we learn to handle Customer payments in all their variations. Whether Cash, Check or Charge, we
will cover how to manage getting the money from your cash drawer or mailbox to the bank.
This class is for you
if: - Make Bank Deposits
- Record
Customer payments at the time of sale or after the sale
- Use QuickBooks or any
other merchant for Credit Card processing.
You will learn how to: - Record customer payments in QuickBooks
- Handle customer
discounts, partial payments, overpayments
- Record a deposit in QuickBooks, and
learn the importance of Undeposited Funds
- Enter cash back from a deposit in
QuickBooks
- Process credit card payments
Entering & Paying Bills
(106) $15 fee On Demand Some business owners, especially if they own smaller, home-based
businesses, pay their bills when they receive them. Most business owners, however, find it more convenient to pay bills less
often. (They also like keeping the cash in the company for as long as possible.) If you don’t plan on paying your bills
right away, QuickBooks can help you keep track of what you owe and when you owe it. This
class is for you if: - You wish to manage cash flow by paying bills when they
are due
- Take advantage of discounts for prompt payment terms
- Need to track Vendor information by their invoice number
- Wish
to tie purchases to Purchase orders
You will learn how to: - Enter a bill in QuickBooks
- Pay a bill in QuickBooks
- Enter a discount on a bill from a vendor
Banking
(107) $15 fee
On Demand Banking transactions are the starting point for many of QuickBooks
most powerful features. The concepts used in the bank accounts are foundational to all the other Balance Sheets accounts in
QuickBooks. The banking features also touch every other section of QuickBooks (i.e.depositing customer receipts and paying
payroll taxes). And of course, answer the age old question - "How much is in the checkbook?" This class is for you if: - Your company writes checks
or uses a debit card for purchases
- You need an accurate checkbook balance
- You need to find transactions you have previously entered
- You enter transactions directly in the registers
- You want to check
your entries for errors
You will learn how to: - Write a QuickBooks check Use bank account register
- Enter a handwritten
check, debit card purchase, electronic withdrawal
- Transfer money between accounts
- Reconcile a QuickBooks bank account
What You Own and Who You Owe (108) $15 fee
In this lesson,
we'll discuss the other Balance Sheet accounts that get used every day, including Credit Card, Asset, Liability and Equity
Accounts. This class is for you if: - You invest in items your company
will keep for more than 1 year
- Loan money to employees or others and process the payments
- Need a list of assets for insurance or tax purposes
- Pay bills or loans in installments
- Pay bills using a credit card
- Carry a credit card
balance (don't pay off each month)
- Lend or borrow money with the owners of your company
- "Pay" your company's owners and do not withhold taxes
You will learn how to: - Track credit card transactions in QuickBooks
- Make a credit card
payment
- Create
company asset records in QuickBooks Maintain loans and liabilities in QuickBooks
- Understand the basics of equity and QuickBooks equity accounts
Accounting Made Simple reserves the right
to cancel or reschedule classes not meeting a minium of 2 students. All eQB Classes are limited to 25 students maximum.
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