QBOA_Module_3_Supplemental_Guide_Special.pdf - QUICKBOOKS...

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Q UICK B OOK S ONL INE ADV A NC ED C ER TIFI CA TION C OUR SE Supplemental Guide Module 3: Non Standard Transactions
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Supplemental Guide Table of Contents Module 3: Non Standard Transactions 1 Table of Contents About the Author ........................................................................................................................................... 4 About the Team ............................................................................................................................................. 5 Supplemental Guide Overview ....................................................................................................................... 8 Purpose of this Guide ................................................................................................................................................. 8 Google Chrome ........................................................................................................................................................... 8 Learning Objectives .................................................................................................................................................... 8 Training at a Glance .................................................................................................................................................. 10 QuickBooks Online Accountant Test Drive .............................................................................................................. 11 Lesson 1: Advanced Uses for Recurring Transactions ..................................................................................... 12 Sales Summaries ....................................................................................................................................................... 12 Notes about Recurring Transactions ........................................................................................................................ 18 Lesson 2: Use Zero Dollar Transactions ......................................................................................................... 20 Lesson 3: Batch Send Invoices ....................................................................................................................... 22 Set up and Use .......................................................................................................................................................... 22 Report on Invoices Sent ........................................................................................................................................... 25 See if Invoices are Viewed ........................................................................................................................................ 26 Lesson 4: Record Bounced Checks ................................................................................................................. 27 Situation ................................................................................................................................................................... 27 Setup ......................................................................................................................................................................... 27 Record a Bounced Check and Reset Aging ............................................................................................................... 28 Lesson 5: Customer Prepayments and Deposits ............................................................................................ 30 Client Retainers and Deposits .................................................................................................................................. 30 Lesson 6: Vendor Prepayments and Deposits ................................................................................................ 38 Use Accounts Payable .............................................................................................................................................. 39 Use Other Current Asset (OCA) Account .................................................................................................................. 41 Reconcile and Report ............................................................................................................................................... 41
Supplemental Guide Table of Contents Module 3: Non Standard Transactions 2
Supplemental Guide Table of Contents Module 3: Non Standard Transactions 3 Lesson 7: Progress Invoicing ......................................................................................................................... 42 Set up and Use .......................................................................................................................................................... 42 Other Scenarios ........................................................................................................................................................ 46
Supplemental Guide About the Author Module 3: Non Standard Transactions 4 About the Author MB (Mary Beth) Raimondi, CPA, CITP, MS Taxation is an Advanced QuickBooks Certified ProAdvisor in both QuickBooks Desktop and QuickBooks Online as well as being certified in Enterprise and Point of Sale. She has been teaching QuickBooks nationally to both end users and accountants/consultants for over 15 years.

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