Let's talk!

QuickBooks Training Benefits

• Posted by alex hales February 4, 2022 Filed in Other #Quickbooks  #training  #qbaccounting  19 views
  click to rate

  Every business person's most important accounting goal is to track the profitability of the business. Is profit growing? Or, decreasing? Is the amount of profit worth the investment of time and money the owner puts into his/her business? These are critical questions. Who wants to waste their time in a business enterprise that barely squeaks by and may never improve.

  We always search for better ways to try and see what’s going on in the business. What’s working? What’s not? The QuickBooks training you and your staff to get the most out of your accounting system helps your business run efficiently and helps you avoid costly mistakes at tax time.

  After these pieces of training you will be able to:

  • Create reports to show how Programs are performing
  • Create reports comparing performance to the Annual Budget
  • Track Grants and Pledges
  • Track Membership Dues and Student Tuitions
  • Generate Year-End Donor Acknowledgements
  • Track Special Fund Raising Events
  • Track your Volunteers
  • Automatically Allocate Expenses between Programs/Grants & More.

  How to Input Entries in QuickBooks

  • Online Payroll processing. How to file payroll statutory including P.A.Y.E, N.H.I.F, and N.S.S.F.
  • I-Tax V.A.T returns. How to prepare V.A.T and Withholding tax returns (W/tax).
  • How to accurately prepare year-end statutory accounts.
  • Filing of the corporation tax return.
  • How to prepare a set of management accounts 00000.
  • How to Set up a New Data File easily using the IIF
  • How to adjust for Unrealized exchange gain/loss
  • Understanding the dynamics and effects of unrealized exchange gain/loss report on to your aging reports for AR/APs.
  • The recommended way of adjusting Inventory into QuickBooks.
  • How to specially configure QuickBooks for Manufacturing purposes.
  • How best to record absorption costs for inventory.
  • Translating FOB to Landed Costs for cleaning companies
  • Creating, designing, and customizing custom invoices and other business forms.
  • Efficient Back-Up mechanism
  • Use of Multi-User
  • Use of Client data review tool in QuickBooks
  • Setting up Units of measure and Price levels
  • Detailed Project costing n QuickBooks
  • Quickbooks Importation tools from Excel

  If you need any help from QuickBooks experts, just contact to QB helpline toll-free number to know about QuickBooks.