Overview

An accounting system is a set of processes that create, record, classify, summarize, analyze, interpret, and communicate information. Business owners use that information to stay informed, make business decisions, and increase their company's financial position, profit, and cash flow.

Bookkeeping is the day-to-day creating, recording, classifying, and summarizing of financial transactions; such as sales and receipts and purchases and payments, and is the foundation of an accounting system.

Accounting is analyzing, interpreting, and communicating business information; such as financial position, profit, and cash flow, and is the pinnacle of an accounting system.

This training details how accountants perform accounting to increase their clients' financial condition, profit, and cash flow and work with their client's bookkeeper to prepare timely, relevant, and reliable business information.

The training provides step-by-step accounting instructions, explanations, procedures, visuals, tips, and checklists.

Objectives

The training enables accountants to:

1.   Efficiently and productively perform accounting,

2.   Prepare timely, relevant, and reliable business information, and

3.   Increase client financial condition, profit, and cash flow.

Free Accounting with QuickBooks Online Accountant Guide

The source for this training is our Accounting with QuickBooks Online Accountant Guide. The training includes the print version of the Guide.

Sessions

1. Introduction: Accounting System
2. Accountant Tools
3. Setting Up Your Books
4. Setting Up Your Practice
5. New Client Setup Workflow
6. Performing Bookkeeping Services Workflow
7. Performing Payroll Services Workflow
8. Performing Accounting Services Workflow

Accounting with QuickBooks Online Accountant Guide

• Print
• Color, spiral bound
• 285 pages
• Checklists
• Task Schedules

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