Bookkeeping the Easy Way with Quickbooks (140 hours)

Course Overview/Description

Bookkeeping the Easy Way With Quickbooks introduces the concepts of bookkeeping/accounting using the theory of double-entry bookkeeping. This cumulative online experience progresses lesson by lesson with assistance from expert instructors to prepare students for entry-level positions in this in-demand occupation.

Understanding basic bookkeeping procedures is vital to developing and controlling activities in business. This program is designed for students who are interested in gaining knowledge of basic bookkeeping practices in planning a more profitable future or seeking a new career.

The Quickbooks training portion is designed specifically to allow the student to get the most out of your Quickbooks software. Keep track of your payables and receivables. Plan budgets and improve accounting today.

This course presents a simplified step-by-step approach to learning bookkeeping/accounting principles and practices. Students will be posed with questions and problems, as well as analytical situations designed to explain not only the "how" but also the "why" of bookkeeping practices. These situations relate book learning to the business world. This bookkeeping program will result in a better understanding of legal obligations and a greater awareness of the private enterprise system.

A separate Quickbooks module is included with this program.

Upon registering, you are given an initial six months to complete the program. Should you need more time, you may request a 6-month extension at no additional charge.

Course Objectives

The purpose of this course is to:

• Familiarize students with the basic bookkeeping fundamentals for managing both a personal/service-type business and a merchandising business.
• Introduce students to a popular bookkeeping software, Quickbooks, used by many small businesses
• Introduce students to double-entry bookkeeping, the foundation for further accounting study.
• Reinforce students' learning through online tests, excel spreadsheet submissions, and hands-on experience with Quickbooks.

At the end of this course, the student should be able to:


• Understand the basic bookkeeping equations and all supporting journals, ledgers, and worksheets.
• Set up Quickbooks, enter data accurately, and manage the bookkeeping function for a small business.
• Explain and utilize double-entry accounting by understanding the impacts of debits and credits for all account types.

Course Outline

• A Personal/Service Type Business
  
  1. Assets, Liabilities, and Owner's Equity
  2. Business Transactions and Changes in the Fundamental Bookkeeping Equation
  3. The Balance Sheet
  4. The Ledger
  5. Owner's Equity Accounts
  6. Two-Column General Journal
  7. Posting the General Journal
  8. Trial Balance and Worksheet
  9. Financing Statements
  10. Closing the Ledger
  11. Cash Systems, Checking Accounts
  12. The Petty Cash Fund
  
  
• A Merchandizing Business
  
  1. Purchase of Merchandise
  2. Cash Disbursements Journal
  3. Sales of Merchandise
  4. Cash Receipts Journal
  5. General Journal - Four Column Format
  6. Eight-Column Worksheet
  7. Financial Statements
  8. Adjusting and Closing the General Ledger
  9. Using a Combination Journal
  
  
• Quickbooks
  
  1. The First Time in Quickbooks
  2. Setting Up Accounting
  3. Entering Historical Data
  4. Managing Accounts and Lists
  5. Invoices and Sales Tax
  6. Paying Bills
  7. Managing Assets and Reports
  8. Paying Employees
  9. Managing Taxes
  10. Online Banking and Budgets

Prerequisites/Audience

This program is designed to prepare the student for an entry-level position as a full-charge bookkeeper. Bookkeeping experience is not required.

PC Requirements/Materials Included

The bookkeeping portion of this course can be taken on either a PC or a Mac. Students need to have access to Microsoft Word and Excel to complete the assignments. Students do not need Quickbooks software. GES provides an online tutorial that simulates Quickbooks so students can learn to use the program from any Internet-capable computer. The Quickbooks tutorial is not Mac compatible and must be accessed on a PC or IBM compatible computer.

GES provides the required textbook, Bookkeeping the Easy Way, and access to the Quickbooks online training module.

Instructor Bio

Ronald Brown brings forth over 15 years experience in the Business Accounting field. His previous opportunities include Assistant Account Manager for a multi-million dollar hotel chain where he managed the Night Auditors as well as sales revenue. He has also served as the Maintenance Account Specialist for Southland Corporation and was primarily responsible for overseeing 600 store maintenance contracts. Currently, Ronald is a Staff Accountant for Condumex Inc and Porcelanite Tile Company. He manages all asset accounts dealing with 16 banks and 4 investment accounts for both companies combined. He oversees the Germany, China and Laredo, TX daily cash flow for operations as well as the monthly accounting closing procedure for AP, AR and inventory for both companies.

Ronald Brown graduated from Panola Junior College with an Associate of Science Degree in Business Administration / Accounting Major. He also earned a Bachelor of Business Administration degree in Management from Northwood University.

Frequently Asked Questions (FAQs)

1. How do I register?
Click on the register button at the top of the page and follow the directions. It is important that you type all your information in the boxes, then print it out to sign.  Payment and sending instructions are in the bottom right corner of the form.

2. How much do the courses cost?
The fee is in the pink box at the top of the page.

3. Can I register for courses if I live outside the United States?
Yes you can!

4. Do I ever have go to the school I register with?
All of our courses are delivered entirely online, so you never have to go to a class or travel to the school.

5. How long does it take to complete a course?
All of our courses are self-paced and open enrollment. You can start and finish the course at your own pace. When you register for a course, you are given 180 days (6 months) to complete the course. If you need more time, extensions are available.

6. Do I have to buy additional materials?
All materials are included. The cost of materials is covered by your tuition. GES ships all materials via UPS ground service upon registration.

7. Can I get financial aid?
GES courses are non-credit courses, so they do not qualify for federal aid. In some states, vocational rehab or workforce development boards will pay for qualified students to take our courses.

• GES provides a loan opportunity for students. Simply go to www.collegeloanapplication.com to apply for an easier qualifying loan at a slightly higher rate. Click here for more information on this loan program.

8. What happens when I complete the course?
Upon successful completion of the course, you will be awarded a certificate of completion from the school with which you registered. You must obtain a final passing grade of 70% or greater to be awarded a certificate.

9. Am I guaranteed a job?
GES courses will provide you with the skills you need to obtain an entry-level position in most cases. We do not provide direct job placement services, but our instructors will help you build your resume and are available to give advice on finding your first job. Instructors will also be available to use as a professional reference upon completion of the course. Potential students should always do research on the job market in their area before registering.

10. Who will be my instructor?
Each student is paired with a facilitator for one-on-one interaction. The facilitator will be available (via email or phone) to answer any questions you may have and to provide feedback on your performance. All of our facilitators are successful working professionals in the fields in which they teach.

11. What do I have to have in order to take an online course, and what are the system requirements?
In order to take our online courses, you must have access to a computer and the Internet (a normal dial-up connection is fine). You can access the course contents from any Web-enabled computer. There are no necessary plug-ins. You do not have to use the same computer to log-in to the course every time. We recommend that you have a word-processing program (Microsoft Word is best) and the latest version of Internet Explorer.

12. Can this course be taken on a Mac?
The bookkeeping portion of this course can be taken on either a PC or a Mac. Students need to have access to Microsoft Word and Excel to complete the assignments. Students do not need Quickbooks software. GES provides an online tutorial that simulates Quickbooks so students can learn to use the program from any Internet-capable computer. The Quickbooks tutorial is not Mac compatible and must be accessed on a PC or IBM compatible computer.

13. How can I get more information on the course?
All of the information we have is available online under our course catalog (www.gatlineducation.com). If you have questions that are not answered online, please feel free to email us at courseinfo@gatlineducation.com or call 817-870-2870. We will answer your questions promptly.

14. When can I start the course?
Our courses are all open enrollment. You can register and start the course as soon as you are ready.