QuickBooks Accounting Software automates your bookkeeping so you can keep track of your income and expenses with ease. QuickBooks Reports, among other things, show you how much money you’ve made and how much money you’ve spent. Intuit also released the QuickBooks Tool Hub to assist with Quickbooks issues.
QuickBooks is used by over 4.3 million people. As a result, having a thorough understanding of how the software works is a must-have skill for many small business owners and accountants. However, if you own a small business, you may not have the resources to invest in paid training. Fortunately, there are methods to learn how to make this unicorn sing for you without spending a lot of money.
In this in-depth article, you will get to know about the platforms available for learning Quickbooks for fulfilling your Accounting tasks efficiently.
Table of Contents
What is Quickbooks?
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QuickBooks was created by Intuit, a California-based company, in 1998. QuickBooks was created to give small business owners the flexibility of an easy-to-use software platform while also giving them the structure and compliance they need to run a successful company.
QuickBooks is an excellent Accounting Software. Small and medium-sized businesses can use it to keep track of their finances and manage their income and expenses. It can be used to keep track of Financial Transactions, Make Reports, and File Taxes. This tool will assist you in maintaining a record of your customers, vendors, clients, inventory, and finances.
You can use the Report Center to keep track of Sales, Income, Costs, and Overall Business Growth. Sales Tax Calculation, Product Tracking, and automatically updating transactions in your register, customer, and vendor sections are just a few of the tasks that QuickBooks automates. On-Premises and Cloud-Based versions of Quickbooks are available.
Key Features of Quickbooks
Some of the key features of QuickBooks are:
- By delivering an invoice or statement to your customer and allowing them to pay with a credit card or a bank transfer, you can be assured of faster payments using the QuickBooks Online Payment System. You can even check whether or not they’ve received the invoice.
- Quickbooks may be customized to meet a person’s individual needs and tastes, making it suitable for a wide range of businesses.
- You can pay your bills online with Quickbooks. You won’t need any envelopes, stamps, or paper checks once you’ve set up your bank account. You can also download your monthly statement from a participating bank for increased convenience.
- Quickbooks is a tried-and-true program with a lot of features. Hundreds of thousands of small businesses throughout the world use QuickBooks Accounting Software. It’s impossible for a software product with such a large user base to go wrong.
- Payroll Service is integrated with QuickBooks, all of your transactions are up to date, and you can see all of your important information while completing your taxes.
For further information on QuickBooks, you can visit the official website here.
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How to Learn Quickbooks: Top 10 Resources
1) Learning Quickbooks Tutorials
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When you need knowledge of a program, it’s sometimes best to start with the unicorn who built/designed it all. QuickBooks’ creator, Intuit, provides a simple yet informative video for Learning Quickbooks for small businesses and accountants who use the software. The material is easily available and is meant to assist you in completing a wide range of tasks.
2) Quickbooks Learning Center
The QuickBooks Learning Center can be accessed through the program’s Help Menu. This resource provides PDF instructions and short modules for learning Quickbooks and the ability to connect with other users via the learning portal.
3) Learning Quickbooks from Training.net
While this website focuses mostly on paid training choices, it also offers free webinars. QuickBooks users may be particularly interested in the QB Power Hour, a webinar series that teaches viewers how to become QuickBooks Power Users. Additional webinars cover topics such as taxation and offer a variety of recommendations to help you get the most out of the program.
4) Learning Quickbooks from Intuit Training
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This Intuit website offers QuickBooks Training for both Online and Desktop versions of the software for both beginners and advanced users. You can also get help around Accounting and Payroll Essentials. You can join up for the self-paced online video training if you have a busy schedule. You get indefinite access to the videos once you receive them, allowing you to learn at your own speed. If you prefer to learn in a classroom setting, you can sign up for live sessions at a location near you. Training costs may be found on the Intuit website.
5) Udemy
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Udemy is a huge Online Learning website with QuickBooks courses for all levels of users. Beginners, for example, would want to look at “The Ultimate QuickBooks Pro Training Bundle,” which comprises seven courses that take roughly 50 hours to finish and provide users with a solid knowledge of the software.
More specialized courses include “QuickBooks Payroll—QuickBooks Online 2019,” which takes around 14 hours to complete, and “QuickBooks Online vs. QuickBooks Desktop,” which takes about 50 hours to complete. Udemy is a for-profit platform, the cost of courses for learning QuickBooks would be around $10.99.
6) GCF Learn
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Free learning tutorials can be found at GFCLearnFree.org. It gives you access to various materials for learning QuickBooks that will assist you in getting started with either the Desktop or Online version of the software. The information offered is pretty basic, and it even contains purchasing recommendations. It could be a good place to stop if you’re just getting started. Other sources may, however, be better suited for those who have already completed some initial setup.
7) Fit Small Business
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Fit Small Business is divided into seven modules that present a wide range of information in easily digestible bites. There is a total of 39 video tutorials accessible, with themes like “how to manually enter business credit card transactions,” “how to handle bounced checks from consumers,” and “how to run an accounts payable aging report” among them.
These packages are more comprehensive than some others, so they’re a good choice for learning Quickbooks for the folks who need to go a little deeper than the surface.
8) Quickbooks Explained
QuickBooks Explained, another source of video courses, takes a different approach to the information structure. Some of the portions are lengthier than those found on other websites, making them more thorough. Shorter movies/tutorial videos for specific activities are also available as an alternative to the longer-form pieces. QuickBooks Explained also has a newsletter that may contain information on new software advancements, so it’s worth checking out.
9) Learning Quickbooks from Linkedin Learning
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While this website isn’t strictly free, it does provide a 30-day free trial that might help you in learning QuickBooks (and others) for free. If you go this Linkedin Learning way and don’t want to pay for the membership afterward, keep track of when your trial period finishes. Otherwise, you’ll be charged the monthly cost for the following month’s subscription automatically.
10) Dummies
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The Dummies brand is well-known owing to the useful instructional and information book series that made the firm famous. However, many people are unaware that information and articles may be found for free on the Internet. While the content isn’t as thorough as the most recent editions of the books, it still has a wealth of useful information, some of which is in the form of tutorials. A quick search turned up almost 1,000 titles related to QuickBooks, so it might help you in learning Quickbooks Advanced Skills.
2 Key Skills for Learning Quickbooks
1) Accounting
The level of accounting knowledge you’ll need will vary depending on the position you’re applying for. A General Manager or a Payroll Clerk will have a higher level of expertise in the field than an accountant. However, since QuickBooks is an accounting program, you’ll need to have a basic understanding of accounting or go for learning QuickBooks basic tutorials.
2) Computer Literacy
Since QuickBooks is a software tool, you will learn more quickly if you have prior computer experience. Although you will not be expected to handle software-related difficulties, knowing your computer’s operating system will be beneficial. For example, you may need to search your hard disc for crucial files.
Conclusion
In this article, you learned about the top 10 resources for learning QuickBooks. QuickBooks provides an elegant solution to automate Accounting for small businesses and help them grow. The ease of use and customization of the standard reports can prove to be quite useful as it helps in getting an overview of the company’s progress. You can integrate many such platforms using Hevo Data.
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