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Course Information

QuickBooks Masterclass​ Course Outline

Principles of Accounting

  • Accounting Purpose
  • Reviewing Common Financial Statements
  • Accounting Principles

Double-Entry Bookkeeping

  • Fiddle-Faddle Accounting Method
  • Double-Entry Bookkeeping Working

Accounting Problems

  • Working with Accounts Receivable
  • Record Account Payable Transactions
  • Inventory Accounting
  • Accounting for Fixed Assets
  • Recognise Liabilities
  • Closing Revenue and Expense Accounts

Setting Up QuickBooks

  • Plan New QuickBooks System
  • Install QuickBooks
  • Running QuickBooks Setup Wizard
  • Identify Starting Trial Balance

Loading Master File Lists

  • Setting Up the Chart of Accounts List and Item List
  • Working with Price Level List
  • Using Sales Tax Codes
  • Setting Up Lists – Customer, Vendor, Fixed Asset, etc.

Working with Settings

  • Access Preferences Settings
  • Setting Accounting Preferences
  • Setting Bills, Calendar, and Checking Preferences
  • Control-Integrated Applications, Inventory, and Estimated Work
  • Integrated Payment Processing
  • Setting Search and Send Forms Preferences

Invoicing Customers

  • Choose and Customise an Invoice Form
  • Invoicing a customer
  • Billing for Time
  • Printing and Emailing Invoices
  • Record Sales Receipts and Credit Memos
  • Assessing Finance Charges

Paying Vendors

  • Create Purchase Order
  • Paying Bills
  • Reviewing Other Vendor Menu Commands

Track Inventory and Items

  • Using the Item Code Column, List Window, and Inventory Reports
  • Add Items to the Item List
  • Editing Items
  • Manage Inventory in a Manufacturing Firm

Managing Cash and Bank Accounts

  • Writing Checks
  • Recording Register Transactions
  • Review Other Banking Commands

Paying Employees                                                                                   

  • Setting Basic Payroll
  • Scheduling Payroll Runs
  • Paying Employees
  • Edit and Void Pay checks
  • Paying Payroll Liabilities

QuickBooks Journal Entries

  • Working with Journal Entries
  • Working with Memorised Transactions
  • Review Accountant and Taxes Reports

Preparing Financial Statements and Reports

  • Producing Report
  • Working with Report Window
  • Modifying a Report
  • Processing Multiple Reports

Preparing a Budget

  • Budgeting Types
  • Using Set Up Budgets Window
  • Managing with a Budget

Working with Activity-Based Costing

  • Review Traditional Overhead Allocation
  • Working of ABC
  • Implement an ABC System
  • How QuickBooks Supports ABC?
  • Turning on Class Tracking
  • Use Classes for ABC

Setting Up Project and Job Costing Systems

  • Setting Up QuickBooks Job
  • Tracking Job or Project Costs
  • Job Cost Reporting
  • Job Estimates

Administering QuickBooks

  • Keep Data Confidential
  • Use QuickBooks in a Multiuser Environment
  • Audit Trails
  • Enable Multiuser Access

Protecting Data

  • Backing QuickBooks Data File
  • Restore QuickBooks Data File
  • Condensing QuickBooks Company Files

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There are no prerequisites to attend this course.


Anyone who wishes to boost up their knowledge and skills in accounting can attend this course. This course will be beneficial for professionals who are already active in the field of accounting.

QuickBooks Masterclass​ Course Overview

QuickBooks is a business accounting software program used by small businesses to manage sales and expenses and to keep the record of daily transactions. QuickBooks can be used to invoice customer, create reports for tax file and planning. It maintains desktop and online accounting applications as well as cloud-based work.

This QuickBooks Masterclass course offers comprehensive knowledge about the working of QuickBooks and how it can be used by small to medium organisations. Delegates will learn about how to set up the chart of accounts list and item list. In addition, delegates will get an understanding of how to plan a new QuickBooks system and run QuickBooks setup wizard. Delegates will then move to set up the chart of accounts list and item list.

During this 1-day course, delegates will gain knowledge of how to control-integrated applications, inventory, and estimated work. Furthermore, they will also gain an understanding of how to track inventory, manage cash and bank accounts, as well as prepare financial statements and reports. On completion of this course, delegates will be able to back and restore the QuickBooks data file.

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  • Delegate pack consisting of course notes and exercises
  • Manual
  • Experienced Instructor

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Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.


Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning experience.


State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible


Small class sizes

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience


Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.


Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.


Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.


Team building opportunity

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.


Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

What our customers are saying

QuickBooks Masterclass FAQs


Please arrive at the venue at 8:45am.
There are no prerequisites to attend this course.
Anyone who wishes to boost up their knowledge and skills in accounting can attend this course. This course will be beneficial for professionals who are already active in the field of accounting.
We can provide support via phone & email prior to attending, during and after the course.
Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments
This course is 1 day.
Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts
The price for QuickBooks Masterclass certification in the United Kingdom starts from £895
The Knowledge Academy is the Leading global training provider in the world for QuickBooks Masterclass.

Why choose us


Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.


Many delivery methods

Flexible delivery methods are available depending on your learning style.


High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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