Synopsis
QuickBooks®: Managing Assets and Reports shows how to track inventory and other assets and how to create QuickBooks reports on a business.

Audience
This course is for anyone who requires a business accounting program and wants to get the most out of using QuickBooks.

Time
3 hours

Product Code: QBKC07

After completing QuickBooks®: Managing Assets and Reports the user should be able to:

Operate QuickBooks' income tracking system
Manage inventory
Create inventory reports
Calculate the worth of fixed assets
Produce standard QuickBooks reports
Customize reports


Using the Inventory Tracking System

Defining inventory
Determining the average cost of inventory items
Using the QuickBooks inventory features
Alternatives to the QuickBooks inventory features


Managing Inventory

Setting up inventory items on-the-fly
Adding to your inventory


Inventory Reports

Reports about inventory
Taking a physical inventory count


Managing Fixed Assets

Understanding depreciation
Accounting for fixed assets
Calculating and recording depreciation


Standard Reports

Profit and Loss Statement
Balance Sheet
Accounts Receivable Aging reports
Collections report
General Ledger report


Customizing Reports

Changing the report date
Changing the report columns
Using the Customize button
Applying filters
Memorizing the report format and setting


This course has the following features:

Exercises that allow users to practice in QuickBooks 6.0
A file containing the text of the exercises
Simulations that allow users to practice course skills even if they don't have access to QuickBooks 6.0
A glossary
A Skill Assessment


QuickBooks®: The First Time in QuickBooks (QBKC01)
QuickBooks®: Setting Up Accounting (QBKC02)
QuickBooks®: Entering Historical Data (QBKC03)
QuickBooks®: Managing Accounts and Lists (QBKC04)
QuickBooks®: Invoices and Sales Tax (QBKC05)
QuickBooks®: Paying Bills (QBKC06)


QuickBooks® is a registered trademark of Intuit Inc.


 


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