What Will You Learn?

• By enrolling in this course, you will gain hands-on experience and a deep understanding of QuickBooks Desktop 2024, enabling you to:
• Set up and customize a company file tailored to specific business needs
• Record and categorize daily transactions including sales, purchases, expenses, and payments
• Manage accounts receivable and accounts payable efficiently
• Track inventory and cost of goods sold (COGS) for product-based businesses
• Create and manage payroll within QuickBooks (if applicable)
• Generate essential financial reports, including profit & loss statements, balance sheets, and cash flow reports
• Reconcile bank and credit card accounts accurately
• Understand and apply Canadian tax rules, including HST/GST/PST setup and reporting
• Prepare reports for CRA compliance
• Utilize budgeting tools and forecasting features for financial planning
• Use job costing, class tracking, and project management tools for specialized businesses like construction and services
• Implement internal controls and user permissions for enhanced data security
• Export data and integrate QuickBooks with other tools (e.g., Excel)

Audience

• This course is ideal for:
• Accounting Staff and Bookkeepers working in accounting firms or corporate finance departments who want to deepen their knowledge of QuickBooks Desktop
• Small and Medium-Sized Business Owners who wish to manage their own bookkeeping and financial operations more effectively
• Office Managers and Administrative Professionals seeking to expand their financial management skills
• Newcomers to Canada with an accounting background aiming to adapt to Canadian accounting software and standards
• Students and Recent Graduates in accounting, finance, or business administration looking to gain practical software skills
• Entrepreneurs and Start-up Founders interested in building strong financial foundations for their ventures
• Consultants and Freelancers who want to offer bookkeeping and financial services using QuickBooks