Introduction
QuickBooks is an accounting software package geared mainly toward organizations who use it to manage sales and expenses, keep track of daily transactions, generate reports for planning, and more. QuickBooks Desktop Enterprise Accounting Software includes the features and functionality of QuickBooks and has features designed for organizations.
This course is aimed at equipping the participants with skills to use QuickBooks Desktop Enterprise software tools to meet the accounting needs of their organization.
Duration
5 days
Course Objectives
By the end of this training, participants will be able to use QuickBooks accounting software, in a way they can easily:
- Set-up budgets, track actual with the budgets and report on variances
- Generate various financial reports and statements for Management.
- Manage vendors & suppliers
- Allocate expenses across multiple programs
- Post income and expenses by fund
- Manage cash advances given out
- Track details of Cash/Bank Account transactions
Course Outline
Getting Started with Accounting Software
- Setting up of companies
- Setting up of charts of accounts/ GL
- Modification of charts of accounts
Customers Management
- Customers Database
- Debtors Management
Inventory Management
- Setting up Inventory Database
- Inventory classification
- Inventory Basic procedures
- Inventory costing
- Setting up Unit of Measurement
- Setting up Re-Order Level
Suppliers Management
- Suppliers Database
- Creditors management
Sales Management
- Sales orders
- Quotations
- Proposals
- Receipts
- Customer Deposit Management
Purchases Management
- Purchase Invoice
- Purchase Orders
- Receiving Purchases
- Payment for purchases
Cash Management
- Cash Sales
- Petty Cash
- Float
- Cash lodgments
Bank/Cheque Management
- Receiving Cheques
- Paying Cheques
- Cheque Deposit
- Transfers
- Bank Charges and COT
Costs Management
- Operational costs
- Cost of production
- Administrative costs
Liabilities Management
- Bank loans
- Loans from individuals
- Loans from other institutions
- Long Term Liabilities
Assets Management
- Fixed Assets Records
- Acquisition
- Sales (disposal)
- Depreciation
- Current Assets Records
Taxation
- VAT
- Withholding Tax
- Company Income Tax
Payroll Management
- Directors Salary
- Senior Staff Salary
- Junior Staff Salary
- Casual workers wages
- Basic, Allowance and Deductions
- PAYE
- Pension
Capital/Equity
- Reserve
- Directors Current Account
- Drawings
- Reserve
Report Generation
- Management Account Reports
- General Ledger Reports
- Cash Disbursement Reports
- Daily purchases Reports
- Creditors Report
- Purchase Order Report
- Debtors Reports
- Cash Receipts Reports
- Items Sales
- Invoice Register Reports
- Item sold to Customers
- Proposal Reports
- Daily Sales Reports
- Inventory profitability Reports
- Inventory Status Reports
- Inventory Valuation Reports
- Bank Reports
- Petty Cash Reports
- Statements of Comparison
- Trial Balance
- Profit & Loss Account
- Balance Sheet
- Cash Flow Statements
Training Approach
This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion, and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.
Tailor-Made Course
This course can also be tailor-made to meet organization requirements. For further inquiries, please contact us on Email: training@upskilldevelopment.com Tel: +254 721 331 808
Training Venue
The training will be held at our Upskill Training Centre. We also offer training for a group at the requested locations all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.
Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant
Certification
Participants will be issued with Upskill certificate upon completion of this course.
Airport Pickup and Accommodation
Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: training@upskilltrainingcenter.com, +254 721 331 808
Terms of Payment: Unless otherwise agreed between the two parties payment of the course fee should be done at least 3 working days before commencement of the training so as to enable us to prepare better