QB06: Intro to QuickBooks Certification Prep - Lesson 2

Lesson 2 Topics

1. Chart of Accounts
2. Register Accounts
3. Ledger Accounts
4. Income and Expense Accounts
5. Forms
6. Ledgers
7. Create a New Account
8. Edit an Account
9. Create Sub-account
10. Delete Account
11. Inactivate Account
12. Reactivate Account
13. Move Accounts
14. Reorder Chart of Accounts
15. Merge Accounts
16. Print Chart of Accounts

Notes

• Take notes as we watch the video in class. (0:00 to 14:00 Chart of Accounts)
• You can follow along using the Training 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.

• Chart of Accounts

• most important list
• backbone
• every transaction is mapped to an account

• Account Types
• Bank
• A/R
• Other Current Assets
• Fixed Assets
• A/P
• Credit Card
• Other Current Liabilites
• Long-term Liabilities
• Equity
• Income
• Cost of Goods Sold
• Expenses
• Register Accounts (Accountant sets up)

• Check
• A/R
• A/P

• Ledger Accounts (Accountant sets up)

• Fixed Assets
• Other Current Assets
• Long-term Liabilities
• Other Current Liabilities

• Income and Expense Accounts (Admin / User sets up)