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Setting Up QBO

For someone else
Alicia Katz Pollock
For someone else
Purchase for $37 or enter access code

Before you sign up for your new QuickBooks Online file, what do you need to know? We’ll talk about everything from choosing the right version, converting from Desktop or starting from scratch, setting up your lists, connecting your bank accounts, and turning on all the features.

Preview this course:

Get a sneak peek of what's inside this value-packed training. Watch the brief video below to explore the topics we'll cover and see the quality of content you can expect. Your journey to mastering the material starts here!



Course Description

You’re creating a new QuickBooks Online account, what’s next? If you’re just getting started with QuickBooks you might be tempted to go it alone, but setting up QBO by trial and error is a mistake. Let’s tackle how to set up QuickBooks Online together and make sure it’s done well.

While QuickBooks Online is the world’s most popular bookkeeping software, setting it up on your own through trial and error is just asking for trouble.

As business owners, we often tend to try to do everything ourselves (speaking from experience here!). That can be a problem when it comes to setting up Quickbooks Online.

It’s easy to make a simple mistake that will end up costing you more to fix than you’d ever have paid to set things up right from the beginning (not to mention the hassle of it all).

You’ve got enough to worry about. Let me show you how to set your QuickBooks up the right way so you can have peace of mind knowing there won’t be any headaches down the road.

We’ll answer all these questions and get you started on the right foot so that you won’t spend time needlessly spinning your wheels while you try to figure it all out yourself. Your business will be successful when you get the advice you need to do it right the first time, quickly and easily!


You’ll Learn About

  • The difference between the QuickBooks Online subscription levels
  • Creating a new account
  • Connecting with a bookkeeper for discounts
  • Importing a QuickBooks Desktop file into QuickBooks Online
  • Setting up a Chart of Accounts
  • Connecting Bank accounts and credit cards
  • Entering open invoices and bills
  • Entering opening balance history
  • Comparing previous and new reports


After completing this course, you will be able to: 

  • Identify the correct QBO subscription level for your needs
  • Describe the steps to set up a new QBO file including settings and lists
  • Recall how to add your bank accounts and credit cards to import transactions
  • Recognize how to enter historic balances
  • Describe how to recreate open invoices and bills
  • Recognize considerations with Sales Tax and Payroll Taxes

Instructional Level


Course Length

1 hour

Course Credits

1 CPE, Certificate of Completion

Field of Study

Computer Software & Applications

Delivery Method

QAS/Self Study/Blended

Who should take this class?

  • Small business owners starting new QuickBooks Online files
  • Bookkeepers converting their clients to QuickBooks Online

Advanced Preparation: 

  • None

Other learners purchased these courses after completing this class:  




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Refunds & Cancellations

Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.


Royalwise Solutions Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


Course Credits: 1 CPE, Certificate of Completion. Must be awarded within one year of enrollment.

Course Updated: July 2022 - will be updated live in October 2023
Course Page Update: September 2023

Here is the course outline:

How to Join the Live Zoom Webinar

Click the link to learn how to join the webinar, on Tuesday October 10 at 10a to 11:30am PST

How to connect to the live Zoom webinar

Download the Handout

Download your class handout here

Download the handout here
Glossary of Terms

Watch the videos: Setting Up QBO 2023 (coming in October 2023)

Before you sign up for your new QuickBooks Online file, what do you need to know? We’ll talk about everything from choosing the right version, converting from Desktop or starting from scratch, setting up your lists, connecting your bank accounts, and turning on all the features.

Review Questions: Setting Up QBO

Setting Up QBO: 1st Steps - Plan Ahead

When starting up a new QBO subscription, it's important to choose the right version and get help when you need it!

Which Version of QBO is Right for You?
Finding a Pro-Advisor

Converting from QuickBooks Desktop

Are you migrating an existing QuickBooks Desktop Pro, Premier, or Enterprise file to QuickBooks Online? Watch this section to understand the benefits & drawbacks, and learn the steps to a successful transition.

Biz View vs Accountant View
Should I Import My Existing Desktop File to QBO?
Clean Up Your File Before Importing
How Do I Import My QB Desktop File to QBO?
Verify Your Data

Beginning with QBO from Scratch

If you're starting a new QuickBooks Online file from scratch, here are the steps involved.

Choosing a Starting Date
Import Existing Lists of Customers, Vendors, Products, and the COA
Modifying the Default Chart of Accounts
Setting Up Your Products & Services
Adding Open Invoices and Bills
Entering Starting Balances

After Setting Up - Your Next Steps in QBO

Now that your QBO file is up and running, what ELSE needs to be dialed in?

Customize Your QBO Settings
Turning on Modules in QBO - Which Ones Are Right For You?
How to Invite Users
Setting Up Your Banking Feed
Work Smart - Implement 3rd Party Apps
What's Next - Special Offer!!
Review Questions: Setting Up QBO

Quiz and CPE Credit

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!

Quiz: Setting Up QBO
Course Evaluation Survey


The following certificates are awarded when the course is completed:

Royalwise CPE Certificate
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