QuickBooks Event Agenda

Morning:
QuickBooks basics to get you up and running

• Setting up a new company to ensure an efficient accounting environment.
• Setting up your customer list, vendor list, and product and services lists to streamline later work.
• Understanding QuickBooks workflows to ensure that all transactions are entered correctly.
• Answering the question that is on everyone’s mind: “Should I be using QuickBooks Desktop or QuickBooks Online?” – A detailed explanation of the pros and cons of each program.

 
Setting up your chart of accounts

• Learn how to set up your chart of accounts so your reports are accurate and tax line items are correct for end of year filing.
• Discover the different account types specific to QuickBooks, and understand how each of them works within your financial statements.
• Create a detailed chart of accounts specific to your business that you can use immediately when you return to your office.
• Discover how to clean up accounts so that income and expenses can be classified correctly 100% of the time.

 
Receivables: Making sure that you get paid

• Make custom professional invoices that your customers will love.
• Automate invoicing and collection so that getting paid takes less time and results in a higher balance in your bank account.
• Use features that help you automatically apply payments to open invoices the second that the payment hits your bank account.
• Track your time and automatically bill it back to customers, all within QuickBooks.
• Discover how to use classes, projects, and customers to track the progress and profitability of individual jobs.
• Capture billable expenses and automatically attach them to customer invoices.

Afternoon:
Payables: Organizing your expenses

• Learn how to use OCR software to automatically input receipts and bills.
• Use GPS programs to automatically track mileage information.
• Set minimum quantities of product to keep in stock and automate your inventory management.
• Automatically record bills and approve them for payment by direct deposit, paper check, or payment through online bill pay.

 
More accurate and efficient payroll

• Automate timecard entry for employee payroll.
• Organize expense reports within QuickBooks and reimburse employees with direct deposit.
• Turn on the autopilot function for payroll deductions, filing, and remittances.
• Automatically file quarterly 941s and annual 944s and W2s.

 
Get regular progress reports so that you can make informed decisions for your business

• Customize reports so they provide the information you want, presented the way you want it.
• Automatically generate reports and have them sent to your inbox on a regular basis so that you can review your business’ performance.
• Use budgeting software to create a plan for revenues and expenses, and regularly monitor progress toward your goals.
• See the full picture of your business so that you can maximize the use of available assets.
• Generate executive summary reports that help you improve cash flow.
• Track progress and make decisions throughout the year to reduce your year-end tax burden.