Setting up the Company File using the Interview Process

Advanced Inventory controls
Changing Inventory Pricing using services category
Understanding the Chart of Accounts
Setup Users – Establishing advanced and enhanced security
Managing Loans with the Loan Center
Creating Pre-curser transactions
Setting up Liability, Vendor and Expense Accounts

Recording Loans and Corresponding Deposits (cash loans versus non-cash loans)
Making Payments towards Loans
Applying the Loan Center Manager
Using the Fixed Asset Listing
Creating Fixed Asset entries/Disposing of Fixed Assets
Customizing Fixed Asset Entries
Customizing Fixed Asset Fields
Using Vendor billing for Fixed Asset Entries
Using Journal Entries to record Fixed Assets
Using Statements of Cash Flows
Classifying Cash
Using and applying the Cash Flow Forecast
Using and applying the Cash Flow Projector
Understanding the company snapshot tool
Using and applying Journal entries
What are Equity accounts
Invoicing Customers
Receiving Payments/Customer Prepayments
Issuing Refunds and Credits to Customers
Assessing Finance Charges to Customers
Issuing Sales Receipts to Customers versus Invoicing
How to set up discount/discount levels in your item listing
Applying discount/discount levels to invoices
Applying credit memos/refunds to invoices
Backing up company files/security protocols
Using the Reports Center
Using and applying Financial statements
Using the Profit and Loss (P&L) statement
Understanding the Income Statement
Using the Balance Sheet
Using expense entries to record bank fees/charges
Using and applying Journal entries (Depreciation)
Company Snapshot and Tracker Data
Working with Liability Reconciliations
Understanding the full Accounting Cycle
Understanding the Audit Trail and its use
Common Errors and Mistakes made in Quick Books
Searching and enhancements
Setting up emailing within Quick Books
Batch invoicing
Using Credit Card transactions
Outgrowing the Company file
Upgrading Software
Data Damage
Using verify and rebuild file options to recover damaged files
Setting up Credit Card accounts
Using Collections Center
Using the Lead Center
Using Employee Center
Adding Employees
Payroll Options
Installing Manual payroll feature
Manual Processing of Payroll
Setting up Payroll scheduling
Manual data entry for payroll features using parallel system

Review of class contents
Test Session during Final class segment