Course: Quickbooks Online - Level 2 Bookkeeping

Quickbooks Online - Level 2 Bookkeeping

  • Life Time Access
  • Certificate on Completion
  • Access on Android and iOS App
About this Course

Quickbooks Online Accounts course is about how to use Quickbooks Online based on the most popular functions which you as a Quickbooks Online operator needs to know how to use, in order to be proficient in using the online software.

The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:

  • Read the task
  • Watch the video
  • Have a go at it yourself on your own system
  • Rewatch the video (if necessary) - to reinforce the learning

You’ll learn how to set up a quickbooks system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, post journals, run reports amongst over things.

This is a useful course if:

  • You are thinking of working with the online software,
  • You are going for jobs which have a requirement for you to be able to use this software
  • You want to put this skill on your CV, or
  • You are a bookkeeper or accountant and will be using this for clients or even
  • You run your own business and want to know how to use Quickbooks for yourself.

You will need to have access to a Quickbooks Online. The instructor is usually online to answer student queries for 2 hours each day.

The course materials includes:

  • the handout of the assignment task
  • access to the QuickBooks Online software for FREE for 21 days
  • A 384 page manual on QuickBooks online

Successful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts. The next step would then be to take our QuickBooks Online Level 3. Note - there is no level 1.

The course will take about 3-4 hours to complete.

Who is the target audience?

  • Students who are going for jobs where the requirement is working knowledge of Quickbooks Online
  • Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
  • Previous knowledge of accounting is not presumed or required
Basic knowledge
  • You will need access to Quickbooks Online (a free link will be provided in the course) - the software will be available (free) for 21 days
What you will learn
  • By the end of this course you will be able to complete various common functions using Quickbooks Online. In this course you will learn how to:
  • Enter the opening balances
  • Amend the nominal ledger
  • Add new customer and supplier details
  • Post customer invoices and credit notes to the sales ledger
  • Post supplier invoices and credit notes to the purchase ledger
  • Enter the supplier cheques and record the customer receipts
  • Post Petty Cash transactions
  • Prepare the VAT return
  • Reconcile the bank
  • Post the wages journal
  • Post adjustments to the accounts and produce month-end reports
Lectures quantity: 42
Common duration: 03:19:54
Getting prepared - access the software and course materials
  • The structure of the course - first things first!  
  • Set up your free trial  

    Get your free trial set up, download the course paper and understand the structure of the course.

Getting started
  • Starting A New Company File  
Setting up the system
  • Setting up nominal accounts / amending the nominal ledger  
  • Enter opening balances  
  • Reverse Opening Balances - accruals and prepayments and run report  
  • Report - journal 2  
Nominal ledger
  • Amend the Nominal Ledger  
  • Report listing the nominal ledgers  
  • Enter customers  
  • Report on customer contact information  
  • Entering Suppliers  
  • Report on supplier contact information  
Sales ledger
  • Enter invoices  

    Entering invoice 1001 - includes how to link an item on the invoice to the chart of accounts

  • Invoice entering  

    How to enter invoice 1002

  • Invoice batch  

    Entering invoices 1003 to 1008, using save and next

  • Post Sales Credit Notes  
  • Report showing Customer Activity  
  • Aged Debtors  
Purchases ledger
  • Post Supplier Invoices  

    How to enter a supplier bill

  • Entering a batch of supplier bills  
  • Credit Notes Suppliers  
  • Reclassify supplier bills - flash bulbs purchased  
  • Supplier Account Activity Report  
Sundry payments
  • Post Cheques  
  • Report showing supplier payments  
Sundry receipts
  • Receipts from customers  
  • Report showing customer receipts  
Petty cash
  • Post Petty Cash Transactions and Report  
  • Post cash payments to ledgers  
  • Enter petty cash items  
  • Report on Petty Cash Payments Proper  
  • Post Sundry Payments  
  • Report Bank Payments  
VAT - Value Added Tax
  • VAT Return  
Bank reconciliation
  • Reconcile The Bank  
Payroll / Wages
  • Post the Wages Journal  
  • Posting Journal adjustments  
  • Run a report on the PnL and Balance Sheet  
  • Month end adjustments  
  • Month end reports  
Concluding lecture
  • Further learning  

    Further reading into the fundamentals of how Quickbooks Online works.

Enrolled Students
$ 12.00
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