QB04: Continue QuickBooks Certification Lesson 1

Take notes as we continue to watch the video in class. (Other Reports) 23:00 to 33:00

You can follow along using the book.

You will re-watch the video later and fine-tune your notes.

After re-watching the video you will summarize and organize your notes.

Create graphic organizers, flash cards, Google Slide presentations, and video tutorials.

Lesson 1 Quiz during Next Class:

• Versions
• Onlne 
• (totally different than desktop)
• Desktop
• Manufacturing
• Construction
• Retail
• Accountant
• Professional Services
• Non-Profit
• Verify Version
• F2
• Help > About
• Home Page
• Vendors
• Customers
• Employees
• Company
• Bank
• Icon Bar
• View Menu
• Left
• Top
• Hide
• Expand / Collapse
• Pull-down menus show all choices
• Short-cut icons are only most common items
• Screens
• Lists
• Items
• Vendors
• Customers
• Forms
• Check (payments)
• Bill (expenses)
• Invoices (income)
• Reports
• Company and Financial
• Profit and Loss Statement 
• (Income - Expenses = Net Income)
• Balance Sheet
• (Assets = Liabilities + Equity)
• Cash Flow Statement
• Vendors and Payables
• A/P Aging Summary
• vendors that we owe
• Sales Tax Liability Report
• sales tax payable 
• Customers and Receivables
• A/R Aging Summary
• customers that owe us
• Accountant and Taxes
• Audit Trail Report
• shows who did what, when
• General Ledger
• shows debits and credits and account balance
• Trial Balance
• shows all accounts and debit or credit balance
• Forms vs. General Journal
• Admin (user) should use Forms to enter data
• Only Accountant should use General Journal
• Adjusting Entries
• Correcting Entries
• See Debits and Credits
• Ctrl Y on any form
• Audit Trail Report
• General Journal
• Trial Balance

Lesson 1 Presentation Notes
Lesson 1 Kahoot