***LOGIN REQUIRED*** Accounting covers accounting principles and practices, the complete accounting cycle and creation of financial reports. Use of the general journal and special journals, general ledger, accounts payable, accounts receivable and proper financial reporting.This course provides instruction in the basic accounting procedures used to operate a business including sole proprietorship, partnerships, and corporations. The accounting procedures presented will also serve as a sound background for employment in office jobs and preparation for further education and training. The complete accounting cycle is covered, students learn how to us generally accepted accounting principles to prepare, analyze, verify financial transactions, reports and economic information to make decisions for organizations.The course trains students in the basics of manual and computerized accounting. Students learn accounting topics including ethics, accounting principles, computing accounting, accounting terminology, job specific accounting, and clerical duties related to accounting. Students also gain real-world applications in income tax, personal finance, and stock market.
Basic accounting principles using a computerized accounting package.
Agenda:* Tour of Quickbooks Online interface* Overview of the Chart of Accounts for both Omni and Sudo Mesh* We'll reconcile some bank transactions together* Creating Invoices, Receipts, and related Customer and Vendor income and expense accounts* Creating Budgets* How to generate financial reportsFor those who want to dig deeper into accounting principles and filing nonprofit taxes, I'll put together an Advanced QBO workshop toward the end of the year.