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Course Description
What You'll Learn
- Set up and work with a merchandising business using QuickBooks 2010
- Distinguish between a service business and a merchandising business
- Manage customer information, accounts, invoices, and payroll
- Record customer payments by check, credit card, credit, and discounts, and create and print paychecks
- Receive inventory items and work with purchase orders, sales tax, and sales receipts
- Make end-of-period entry adjustments and create end-of-period reports
Key Takeaways
- This is an advanced course covering how to set up and operate a merchandising business in QuickBooks 2010.
- The course explains the difference between a service business and a merchandising business.
- Learners work with customer information and payroll, enter invoices, record payments, and create and print paychecks.
- The course covers receiving inventory items and working with purchase orders.
- It also covers making end-of-period entry adjustments and creating end-of-period reports.
Frequently Asked Questions
Who is this course for?
It is an advanced course for learners who want to set up and work with a merchandising business using QuickBooks 2010.
What does the course cover?
It covers setting up a merchandising business, working with customer information and payroll, entering invoices, viewing reports, recording customer payments, creating and printing paychecks, receiving inventory items, working with purchase orders, and making end-of-period entry adjustments and reports.
What customer payment methods are covered?
The course covers recording customer payments by check, credit card, credit, and discounts, as well as additional customer payments and handling a customer check returned for NSF.
What reports does the course teach?
It covers reports including the Open Invoices Report, Customer Balance and Detail Reports, and the Sales Tax Payable Register, plus creating end-of-period reports.
Does the course address inventory and sales tax?
Yes. It includes the Inventory Feature, inventory items for sale, receiving inventory items, purchase orders, and the Sales Tax Feature including invoices and cash sales using sales tax.
