Training / Classes

Level ONE Training

Helping You Maximize The Power Of QuickBooks

QuickBooks Online + Accounting Fundamentals 

2 Modules
17 Lessons of 1.5 hours (25.5 Hours)

Need a little, or a lot of help, with QuickBooks and Accounting? This hands-on training covers both the Fundamentals of Accounts and Essentials of QuickBooks Online.

  • 27 hours of training delivered over 7 full days or 14 half days.
  • Includes training manuals and supporting documents.

This seminar is perfect for both new and experienced QuickBooks users. 

Available Start Dates:

  • August 1 & 15, 2019
  • September 2 & 16 & 30, 2019
  • October 1 & 15 & 29, 2019
  • November 4 & 18, 2019
  • December 2 & 16, 2019

Certificate Of Completion

  • Online Accounting Certificate
  • Accounting Fundamentals Certificate

Instructor Info

  • Cass Williamson, CPA, Quickbooks Online Pro Advisor
  • Lloyd Spencer, QuickBooks ProAdvisor, QuickBooks Certified Trainer, Intuit Canada


  • $5,000

Module 1:
QuickBooks Online

9 Lessons of 1.5 hours (13.5 Hours)



Getting Started with QuickBooks Online

  • What edition of QuickBooks Online is right for you?
  • Setting up your company
  • Moving around and finding what you need…fast

Accounting and Financial Statements

  • Cash vs. Accrual accounting
  • Set up the chart of accounts and subaccounts
  • Change and fix the chart of accounts
  • Use general journal entries
  • “Collapse” financial statements

Sales Transactions

  • 4 ways of recording sales and choosing the one that’s right for you
  • Estimates/proposals
  • The invoicing cycle
  • Cash/sales receipts
  • Receiving payments and making deposits
  • Customer statements

Advanced Transactions

  • Inventory: Set up inventory in QuickBooks Online
  • Purchase orders, receive items, adjust inventory
  • Track sales taxes
  • Set up sales taxes
  • Adjust, pay, and report sales taxes

Expense Transactions

  • When you should and should not track accounts payable (enter and pay bills)
  • Checks (printed and hand-written)
  • Debit card and credit card charges, and ATM withdrawals and EFTs
  • Vendor credits and expense list, and other expense reports

Special Transactions

  • Online Banking: Learn when and how to “add”, “match” and “exclude”
  • Bank reconciliation and how to find reconciliation errors
  • Handle customer down payments/deposits
  • Void vs. delete a check and how to handle bounced checks (NSF)
  • Write off bad debt (including small underpayments)
  • Track petty cash

Work with Reports

  • Customize Reports:
  • Columns: add, reorder, delete, and resize
  • Filter and format
  • Create new headers and footers
  • Save customizations
  • Create report groups
  • Automatically email report groups on a set schedule

Accounting Tasks

  • Add your accountant
  • Protect your accounting data
  • Set up users with different permissions
  • Assign access rights and track changes 

Save Time

  • Find transactions…FAST
  • Navigate around the fast and easy way
  • Keyboard shortcuts
  • Set up recurring transactions
  • Create your OWN shortcuts

Module 2:
Accounting Fundamentals

8 Lessons of 1.5 hours (12 Hours)


Accounting Basics

  • Definition of Accounting from a small business perspective
  • Explanation of why you need accounting
  • Financial statements…what are they?
  • Debits and credits…the essence of accounting

Accounting Principles

  • Intro to accounting principles…the foundation of accounting
  • Reporting principle
  • Applying the principles
  • Use basic accounting terms correctly

Accounting Basics in QuickBooks

  • The balance sheet, along with profit and loss statement
  • Working with account types
  • Chart of accounts & sub-accounts
  • Management of reporting vs. financial reporting
  • Techniques to review account details

Reviewing Numbers for Accuracy

  • Basic review techniques
  • Reconciling accounts to external documentation
  • Verifying numbers on key reports
  • Checking balances for accounts receivable, accounts payable, and inventory

Analyzing and Interpreting Data

  • Basic financial interpretations
  • Analyzing business trends
  • Interpreting variable expenses
  • Understanding and using key financial ratios

The Accounting Cycle

  • What is the accounting cycle and why is it important?
  • Daily accounting tasks and weekly accounting tasks
  • Pay period accounting tasks
  • Monthly, quarterly, and annual accounting tasks
  • Closing the books

Working with Your Accountant

  • Speaking the same language as your accountant
  • Methods for getting information to your accountant

More Accounting

  • Budgeting and planning in QuickBooks
  • Cash vs. accrual accounting
  • Understanding and using retained earnings
  • Year-end closing entries


Course Objectives & Outcomes


Be confident in your QuickBooks & Accounting knowledge.

The skills you’ll gain will help you tackle QuickBooks & accounting challenges.


Setting up Your QuickBooks

Managing money in, money out, banking, payroll, and much more.


Your Questions Answered

Our instructors will stay with you until all of your questions are answered.


Tips and tricks to solve problems

You get a true QuickBooks training expert to teach you insider tips.


The Building Blocks of the Accounting Process.

Beyond recording transactions, you’ll learn how to draw basic conclusions about your company’s financial health.


Financial Statements

The three most commonly used financial statements and how they fit together