Quickbooks Online: Getting the Most Out of Your Software

On Demand Webinar

Webinar Details $219

  • Rated:
  • Webinar Length: 60 Minutes
  • Guest Speaker:   Tom Fragale
  • Topic:   Taxation and Accounting, Software
  • Credit:   CPE 1.0
All Access Membership

Quickbooks Online has become a staple of small businesses.  Whether you are the business owner, accountant or the office manager you are likely going to need to know the ins and outs of Quickbooks Online.  You can have the best products or services in the world, but the taking care of the business side of things is often times where small businesses fall flat.  Mistakes can cause cash-flow problems, late bills, missed invoices and even tax issues.  All of which can have critical consequences.  Quickbooks Online will make the job of tracking your important financials much easier, but like any tool it is only effective when you know how to use it. This webinar will walk you through how to start getting the most out of your Quickbooks Online.

Your Benefits of Attending:

  • Learn how to make changes to your Chart of Accounts.
  • Learn how to add a bank account to your company.
  • Get guided through the process of setting up customers, vendors and items.
  • Understand the AP and AR Cycle.
  • Gain a better understanding of how to utilize the built-in reports.
  • Learn how to customize reports to meet your unique needs.

Join Tom Fragale as he shares his Quickbooks Online knowledge and gets you up to speed on fully utilizing your Quickbooks Online.

  1. Introduction
  2. Quickbooks Online Version Overview 00:02:00
  3. Chart Of Accounts 00:10:15
  4. Adding A New Account 00:11:03
  5. Changing An Account 00:12:45
  6. How To Set Up A Bank Account 00:14:56
  7. How To Set up Vendors, Customers, and Items 00:18:58
  8. Adding A New Customer 00:19:31
  9. Adding New Vendors 00:22:57
  10. Adding New Items 00:26:51
  11. Accounts Payable Cycle 00:35:54
  12. Purchasing Inventory From Vendors 00:43:21
  13. Accounts Receivable Cycle 00:46:43
  14. Creating A Manual Journal Entry 00:52:52
  15. Built-In Reports 00:54:54
  16. Attendee Questions 00:59:52
  17. Speaker Conclusion 01:02:02
  18. Presentation Closing 01:02:19
  • Accounts Payable 00:35:54, 00:39:17
  • Accounts Receivable (AR) 00:13:45, 00:46:43
  • Chart of Accounts 00:10:17, 00:17:12, 00:28:24
  • Inventory 00:27:05, 00:32:50
  • Invoice 00:47:45
  • Purchase Order 00:43:47
  • QuickBooks Desktop 00:01:34
  • QuickBooks Online 01:01:41
  • Transaction 00:14:15
  • Vendors 00:18:51, 00:22:57, 00:43:24

Accounts Payable (AP): The amount of money a company owes creditors (suppliers, etc.) in return for goods and/or services they have delivered.

Accounts Receivable (AR): The amount of money owed by customers or clients to a business after goods or services have been delivered and/or used.

Chart of Accounts: Chart of Accounts is the complete list of all the company’s accounts and balances. In QuickBooks, it represents and organizes the company's assets, liabilities, income, and expense. QuickBooks automatically creates your chart of accounts based on the industry and type of company you choose when creating your company file. If you just created your file, make sure to record the accounts' opening balances.

Inventory: A company's inventory typically involves goods in three stages of production: raw goods, in-progress goods, and finished goods that are ready for sale. Inventory or stock refers to the goods and materials that a business holds for the ultimate goal of resale, production or utilization.

Invoice: An invoice, bill or tab is a commercial document issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices for products or services the seller had provided the buyer. Payment terms are usually stated on the invoice.

Purchase Order: A legal contract between a buyer and a vendor. It lists the materials or services to be purchased on specified terms and conditions (quantity, price / pricing conditions, delivery date).

QuickBooks Desktop: QuickBooks Desktop is a one-time purchase accounting software to be installed on your office desktop computer.

QuickBooks Online: QuickBooks Online is our cloud-based subscription service that gives you the freedom to work from any device — anytime, anywhere.

Transaction: In QuickBooks, a transaction type identifies what kind of transaction occurred, such as a customer transaction, bill payment or a bank transfer. When you submit a transaction, you type in a transaction code to represent it.

Vendor: A vendor is a person or business that supplies goods or services to a company. Another term for the vendor is the supplier. In many situations, a company presents the vendor with a purchase order stating the goods or services needed, the price, delivery date, and other terms.


Guest Speaker

  • Tom Fragale

CPE Credit

Continuing Professional Education

Aurora Training Advantage 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: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, and cancellation please contact our offices at 407-542-4317 or training@auroratrainingadvantage.com.

You must answer all questions during the webinar, view the recording completely and pass the test at the end with 70% correct answers to receive CPE credit.