Quickbooks Accounting System for Small and Medium Enterprises
About This Course
Upgrade your financial management capabilities with our WSQ Quickbooks Accounting System for Small and Medium Enterprises course. Designed to meet the unique accounting needs of SMEs, this course offers hands-on training on using Quickbooks for various accounting tasks, including invoicing, expense tracking, and financial reporting. You'll acquire the skills to set up and manage accounts, monitor cash flows, and generate accurate financial statements, empowering you to make data-driven decisions for business growth.
Unleash the full potential of Quickbooks to streamline your SME's accounting processes. The course covers key functionalities such as accounts payable and receivable, inventory management, and payroll processing. Whether you're a business owner, an accountant, or someone involved in financial management, this course provides you with a comprehensive understanding of Quickbooks, enabling you to optimize financial operations, maintain compliance, and drive business success.
What You'll Learn
- configure and import relevant data to Quickbooks accounting system
- input data to Quickbooks
- compute GST for expenses and invoices
- generate financial and accounting reports
Course Outline:
Topic 1. Introduction to Quickbooks Online Plus Accounting System
Overview of Quickbooks Online Plus
Setup Company Profile on Quickbooks
Import data from QuickBooks Desktop
Set Up Customers and Vendors
Set Up to Products and Services
Topic 2. Input Data to Quickbooks
Create Expenses and Bills
Create Recurring Expenses and Bills
Create Quotation, Invoices and Sales Receipt
Customize Invoice Template
Create Payments and Credit Memo to Invoices
Manage Overdue Invoices
Topic 3. Manage Goods and Services Tax (GST)
Singapore Tax and Corporate Laws
Enter GST for Expenses and Invoices
Topic 4. Financial and Accounting Reports
Profit and Loss (P&L) Report
Balance Sheet Report
Aging Report
GST Tax Return Report
Create Custom Reports
Entry Requirements
Knowledge and Skills
• Able to operate computer functions with minimum Computer Literacy Level 2 based on ICAS Computer Skills Assessment Framework
• Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)
Attitude
• Positive Learning Attitude
• Enthusiastic Learner
Experience
• Minimum of 1 year of working experience.
• Minimum 18 years old