Who Should Attend
All accountants who want to apply the capabilities of the QuickBooks program in preparing financial statements, getting reports and financial analysis
Objectives
By the end of the program, participants will be able to:
Use and apply the programs' tools effectively and efficiently in different accounting operations, preparing financial statements, getting reports, different financial analysis in order to help the senior management take the administrative strategic decisions
Program Profile
Introduction, Program Setup& Preparing
Introduction
A brief about" Intuit" the producer of QuickBooks Program, Identifying its different versions and products, the difference between the manual &the automatic system and the advantages of using the automatic systems
Setup Steps
An overview over the program, the coding system while dealing with accounting programs and accounting tree, the steps of opening new company, dealing with different activities,commercial,industrial and services companies ,construction activities
Chart of Accounts
Dealing with different kinds of accounts according to the program's categorization system, entering of the opening balances of different accounts
Computerized Accounting for Customers, Vendors&Dealing with Items
Dealing with vendors
Creating vendors' accounts,editing&deleting the vendors' data, knowing the rules of editing& deleting, make the vendors status as" inactive"
Dealing with Customers
Creating customers' accounts, editing &deleting the customers' data, knowing the rules of editing &deleting, make the customers status as" inactive", what if the customer was as vendor?, connecting customer with sales representatives, categorizing customers, identifying price levels, preparing the statement of customer account or of a group of customers, identifying payment's procedures and conditions, differences between customer and job
Dealing with Items
The continuing inventory, evaluating the storage, types of items which the program deal with ,differentiation between materials,underoperation production final product in the industrial companies, item data entry, storage coding
Computerized Accounting for Purchasing &Selling
General Journal Entry
How to record an accounting entry, shifting, editing and deleting entries, viewing entries that have been entered
Purchase Transactions
Preparing purchase orders, long-term purchase, receiving inventory with bill, receiving inventory without bill, entering bill, purchasing &paying by writing checks, paying a purchasing bill
Sales Transactions
Preparing prices quotes, estimated sales, how to prepare the revenue abstract in a construction company, sales order, creating the invoice and the sales receipt, receiving payments from customers