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CLASS #1- Getting Started: Accounting
Basics of Accounting
The Accounting
Equation & Journal Entries Assets and Depreciation Expensing vs. Capitalization Taxes- Sales, Property,
and Payroll Accrual vs. Cash Financial Statements
Introduction to QuickBooks
File types Backing up Opening and Closing Databases Icons, toolbars, and lists Chart of Accounts Review of all
features
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CLASS #2- Getting into QuickBooks
Accounts Receivable
Customers & Receivables Create invoices, credit memos, receiving payments Tracking customers and sales
in the Customer Center Open invoice reports Collection Reports Common issues
Accounts
Payable
Set up Vendors Create bills, credit memos, and
bill payments Track vendors and expenses in the Vendor Center Unpaid bills reports Pay sales tax and property
tax Produce 1099s and Form 1096 Inventory Common issues
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CLASS #3- Reconciliation
Banking
Write
and print checks Make deposits Bank fees Major asset purchases Reconcile bank accounts
Credit Cards
Record credit card charges Make payments Reconcile credit card
accounts
Loans
Record intial loans Make payments Accrue interest Reconcile loans
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CLASS #4- Reporting
Payroll
Set up and use services Add employees Pay
employees Track employees in the employee center Payroll Taxes Payroll Forms
Financials & Analysis
Income statement Classify Income and Expenses Analysis of Profit/Loss Balance sheet Capitalize vs. Expense Statement
of Cash Flows Analysis of cash flow Income and Expense graphs
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CLASS #5- Getting Started: Tax
Basics of Tax
Journal Entries Deducible items Accrual
vs. Cash Tax vs. GAAP
Types of Entities
Sole Properietorships C-Corporations S-Corporations Partnerships
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CLASS #6- Tax Return
Introduction to CCH Tax
Icons, toolbars, and functions Open and close
files File types Creat, group, balance, and import Trial Balance
Schedules
Net Income/Loss Balance Sheet M-1/M-2 Schedule M-3 Schedule Balance return K-1s
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CLASS #7- Business Cases
Company Cases (3 hours)
QuickBooks CCH Tax Software
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CLASS #8- Part I: Workshops
Resume Workshop
Layout Experience Skills Grammar/spelling
Professional Image Workshop
Conversation & body language Business Attire Grooming Dining Etiquette Electronic Etiquette
Job Interview Workshop
Company
research Behavioral questions Follow-up Negotiation
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CLASS #8- Part II: Skill Assessment
QuickBooks/CCH
Simulation (2 hours)
Create new company file Enter and pay bills Enter invoices and receive
payments Enter and reconcile all bank, credit card, and loan transactions Verify categorization of transactions Complete payroll forms- 941, 940, and state withholding Export trial balance into tax software Complete tax return
InteractiveCT Employer Network
Local employers Local positions Pay Hours Simulation results
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