QuickBooks Online Rapid Training

¡Hola! It looks like you've outlined a comprehensive guide for using QuickBooks Online for various financial operations within a business context. Your course structure is well-organized and covers a broad range of topics that are essential for managing a company's finances effectively. Here's a brief overview of what each lesson in your course seems to address:

1. Lesson 18: Owners Equity

   • Understanding how to add additional money into the owner's equity account.
   • Recording owner contributions and understanding the impact on the company's balance sheet.

2. Lesson 19: Loans

   • Recording a business loan, including scenarios where the loan amount may be deposited at a later date.

3. Lesson 20: Employees

   • Adding new employees to the QuickBooks Online system as your staff grows.

4. Lesson 21: Payroll Expense

   • Inputting payroll transactions into QBO after calculating the net pay for employees.

5. Lesson 22: Payroll Tax Expense

   • Recording employer tax contributions such as Medicare and social security taxes.

6. Lesson 23: Payday

   • Writing checks to employees based on their earned wages.

7. Lesson 24: Reports

   • Utilizing the reporting features of QBO to turn financial data into useful information for business management.

8. Lesson 25: Cash Vs Accrual Basis

   • Understanding and using both the cash and accrual basis accounting methods within QuickBooks Online.

9. Lesson 26: Supplies

   • Accounting for supplies purchased, whether on a cash or accrual basis.

10. Lesson 27: Prepaid Expenses

    • Handling transactions where expenses are paid in advance, and the distinction between this and revenue.

11. Lesson 28: Unearned Revenue

    • Managing situations where revenue is received before services or products are delivered.

12. Lesson 29: Bank Reconciliations

    • Performing regular bank reconciliations to ensure the accuracy of financial records and cash balances.

13. Lesson 30: Sales Tax

    • Managing sales tax collection and remittance for businesses that sell products and deal with multiple locations.

14. Lesson 31: Conclusion

    • Summarizing the course and recapping the knowledge gained.

This course structure provides a solid foundation for anyone looking to learn QuickBooks Online, from basic accounting concepts to more complex financial transactions and reporting. It's clear that by following this course, participants will be well-equipped to manage their business's finances effectively using QuickBooks Online. If you have any specific questions or need further clarification on any of the lessons, feel free to ask!