Learning Objectives: After completing this project, the student should be able to:

2-1 • Navigate and understand setting up QBO, as well as change its basic settings

2-2 • Customize company and personal settings of QBO

2-3 • Understand the differences between different types of QBO users and set up their access to the company file

2-4 • Connect third-party, electronic financial accounts to QBO and use the Bank Rules to organize and streamline your work

2-5 • Understand the ability of QBO to work with third-party applications designed to add functionality to the platform along with saving time and work

2-6 • Purge company data within a new QBO file to start over (within 60 days)

Project 2 Lessons:

• Lesson 1: Introduction to QBO Setup

• Lesson 2: Navigating QB

• Lesson 3: Set up QBO / Changing Basic Settings

• Lesson 3: Customizing QBO

• Lesson 4: Setting Up Users Access

• Lesson 5: Connecting financial accounts to QBO

• Lesson 6: Bank Rules

• Lesson 7: Connecting Apps

• Lesson 8: Purging company data

• Check “Your Turn” Answers - Project 2

• Quiz - Project 2

• Begin Ongoing Assignment - Project 2

Learning Objectives: After completing this project, the student should be able to:

3-1 • Understand the importance of how QBO uses Lists as the framework of recording transactions

3-2 • Understand how the Chart of Accounts serves a one of the more important QBO lists and how to create a new list item, in general

3-3 • Edit existing list items to update information

3-4 • Remove or merge list items

3-5 • Import items into certain lists to reduce labor and the possibility of errors

Project 3 Lessons:

• Lesson 1: Introduction to Lists

• Lesson 2: Chart of Accounts / Adding a New Item

• Lesson 3: Editing List Entries

• Lesson 4: Removing / Merging List Entries

• Lesson 5: Importing Lists

• Check “Your Turn” Answers - Project 3

• Quiz - Project 3

• Ongoing Assignment - Project 3

Learning Objectives: After completing this project, the student should be able to:

4-1 • Understand the QBO flow of sales for different types of business processes using the Product and Services List, the Customer List, and more

4-2 • Receive and process payments from customers including tracking payments ready to be deposited into the bank

4-3 • Record sales when payments are received immediately as well as we credit is extended to the customer for payment later

4-4 • Process estimates, credits, and refunds to customers along with applying discounts to their purchases

4-5 • Reconciling bank (and other) accounts with statements

Project 4 Lessons:

• Lesson 1: Introduction to the QBO Sales Process

• Lesson 2: Product and Services List - Part A

• Lesson 3: Customer List

• Lesson 4: Undeposited Funds

• Lesson 5: Recording Sales/Revenue

• Lesson 6: Customer Credit Memos and Refunds

• Lesson 7: Estimates, Delayed Charges, etc.

• Lesson 8: Customer Discounts

• Lesson 9: Reconciling accounts

• Check “Your Turn” Answers - Project 4

• Quiz - Project 4

• Ongoing Assignment - Project 4

Learning Objectives: After completing this project, the student should be able to:

5-1 • Understand the QBO flow of purchases for different types of business processes using the Product and Services List, the Vendor List, and more

5-2 • Create, track, and process Purchases Orders

5-3 • Enter and pay Bills into the Accounts Payable system

5-4 • Record and print checks created within QBO, as well as manual checks

5-5 • Record purchases made by card and electronic payment

5-6 • Create, send, and apply credits given to vendors

5-7 • Track and process expenses which should be passed along to customers

5-8 • Setup and process IRS-1099 forms for Independent Contractors

Project 5 Lessons:

• Lesson 1: Introduction to Recording Expenses

• Lesson 2: Product and Services List - Part B

• Lesson 3: Vendor List

• Lesson 4: Entering Purchase Orders

• Lesson 5: Receiving Purchase Orders

• Lesson 6: Entering and Paying bills (A/P)

• Lesson 7: Recording Checks

• Lesson 8: Recording Card and Electronic Purchases

• Lesson 9: Vendor/Supplier Credits

• Lesson 10: Billable Expenses

• Lesson 11: 1099 Setup

• Check “Your Turn” Answers - Project 5

• Quiz - Project 5

• Ongoing Assignment - Project 5

6-1 • Understand how QBO works with basic accounting functions including Cash vs Accrual reporting

6-2 • Prepare financial statements including the Balance Sheet and Profit & Loss Report in different formats

6-3 • Record a Journal Entry

6-4 • Understand the importance and mechanics of setting a Closing Date in QBO

6-5 • Access Transaction Reports and Ledgers

6-6 • Understand the difference between voiding and deleting a transaction in QBO, along with the effects of each process

Project 6 Lessons:

• Lesson 1: QBO Basic Accounting and Reports

• Lesson 2: Balance Sheet

• Lesson 3: Profit & Loss

• Lesson 4: Journal Entry

• Lesson 4: Closing Date

• Lesson 5: Transaction Reports / Ledger

• Lesson 6: Void versus Delete

• Check “Your Turn” Answers - Project 6

• Quiz - Project 6

• Ongoing Assignment - Project 6

Learning Objectives: After completing this project, the student should be able to:

7-1 • Better understand the ability of QBO to create standard and customized reports

7-2 • Work with reports focusing on Customers’ and Vendors’ information and activity

7-3 • Prepare and understand Accounts Receivable and Accounts Payable reports

7-4 • Set up reports which can be automatically emailed

7-5 • Export QBO reports into Excel format

7-6 • Prepare and use the Audit Log, if the need arises

Project 7 Lessons:

• Lesson 1: A Deeper Dive Into QBO Reports

• Lesson 2: Customizing Reports

• Lesson 3: Customer Reports

• Lesson 4: Vendor Reports

• Lesson 5: A/R and A/P Aging Reports

• Lesson 6: Automatically Email Reports

• Lesson 7: Exporting with Excel

• Lesson 8: Audit Log

• Check “Your Turn” Answers - Project 7

• Quiz - Project 7

• Ongoing Assignment - Project 7

Learning Objectives: After completing this project, the student should be able to:

8-1 • Identify and use various tools in the QBO system that allows users to customize their work environment and save time

8-2 • Use Multiple Locations and Classes to track financial activity between different areas of the business

8-3 • Customized both the formatting of reports, and the specific data that is included within reports

8-4 • Create and use Recurring Transactions and Keyboard Shortcuts

8-5 • Use the integrated QBO system to receive and track purchase receipts

8-6 • Be familiar with various other tools and tips to streamline your work in QBO

Project 8 Lessons:

• Lesson 1: Customize Work And Save Time

• Lesson 2: Time-saving benefits of QBO

• Lesson 3: Multiple locations

• Lesson 4: Classes

• Lesson 5: Customizing Forms - Data

• Lesson 6: Customizing Forms - Formatting

• Lesson 7: Recurring Transactions

• Lesson 7: Keyboard Shortcuts

• Lesson 8: Managing Receipts

• Lesson 9: The Junk Drawer

• Check “Your Turn” Answers - Project 8

• Quiz - Project 8

• Ongoing Assignment - Project 8