Introduction

In this workshop you’ll understand how to manage these common but confusing scenarios: Bartering, Bounced Checks (both your customers’ and your own), Creating Loan Splits, Negative Merchant Service Deposits, and options for managing Client Retainers and Deposits.

Instructional Level:

Intermediate through Advanced
 

Course Length

3 hours

Prerequisites

  • Our "QuickBooks™ Online Fundamentals" video course, or
  • Prior knowledge of QuickBooks™ Online.

 

Who should take this class?

  • Business owners and employees hoping to gain deeper knowledge of how to perform common business transactions in their software
  • Bookkeepers and Accountants who wish to brush up on their skills

 

What You’ll Learn:

  • How to add situation-specific accounts to the Chart of Accounts
  • How to manage a Line of Credit
  • How to separate out Loan payments for principal, interest, and debt protection insurance
  • How to process Bounced Checks, both your customers’ and your own
  • How to track Bartering, so you can track your true income and your expenses even though no money has changed hands
  • What to do when your daily credit card batch is negative
  • How to manage client deposits and retainers on work to be performed
  • How to memorize transactions, so the next time you don’t need to remember what you did last time
  • Valuable tips and tricks to shave time off your daily tasks

 

Watch it again later

A recording of the webinar will be added to this course in two weeks so you can review it at your convenience.

 

Can't make this class?

Click here to watch the videos right now!

Here is the course outline:

1. Where to take the class

Are you attending by webinar or in person? Be ready to go about 10 minutes before the start of the class.

3 sections
How to connect to the Zoom webinar
Where to attend in person
Please let us know how you will be attending!

2. Download the Handout

Download the handout that goes with the course.

1 section
Download the handout here

3. Watch the Recording

This is the recording of the class you attended. Watch and rewatch it until it all makes sense!

1 section
Practical QuickBooks: Tricky Situations

4. Quiz

Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

1 section
Tricky Situations Quiz Completion requirement

Completion

The following certificates are awarded when the course is completed:

Royalwise Credit Certificate