Part I Accounting with Quickbooks Class

Use the power of QuickBooks software to take control of your business accounting and make your life easier. In this hands-on workshop, learn how to create invoices, receive payment, make deposits, enter and pay bills, reconcile bank accounts and review financial reports through a QuickBooks. We will also cover accounting principles with a focus on how you should be able to use your financials to make everyday and long term financial decisions using QuickBooks. This is a two day class - 4 hours each day. Day one covers good accounting practices, understanding the type of accounts found in your account list (chart of accounts) and what reports the accounts show up on, the sources of financial information, how to record owner contributions, purchases of assets, inventory basics, different methods for recording sales, introduction to sales tax and how proper QuickBooks setup can make reporting easier, receiving payments on customer invoices and the proper way to record deposits, recording transfer of funds between business bank accounts, writing checks for purchases, recording loan payments with principal and interest splits, entering and paying vendor bills, understanding the difference between gross and net profit. The Balance Sheet and Profit and Loss reports are shown to demonstrate the expected results of each QuickBooks entry and how to use these reports to help make informed business decisions. We will also cover accounting principles with a focus on how you can use your financials to make every day and long term financial decisions using QuickBooks. This is a two day class - 4 hours each day. *This is for the desktop version of QuickBooks ONLY. NOT online QuickBooks.

Speaker(s): Suzy Schutz - eL3, LLC

Co-Sponsor(s): Grand County Economic Development Team

Highly suggested to take 2 day courses for $140 or $75 for 1 course. Please make checks out to "NWCCOG Foundation" Sign-up for the second day here: https://clients.coloradosbdc.org/workshop.aspx?ekey=140360045 Set-up FREE 1 on 1 coaching before the workshop. Consultants are taking meetings Tuesday & Wednesday.

Fee: $ 75.00

Cash or Check - Take both classes for $140, or one for $75