Description

US Accounting Fundamentals with QuickBooks Online

This comprehensive course is designed to provide a solid foundation in US accounting practices, with hands-on training in QuickBooks Online (QBO). Participants will learn the fundamentals of accounting, setting up the Chart of Accounts, journalizing transactions, managing banking and credit cards, accounts receivable/payable, and handling inventory.

The course covers practical applications including bank reconciliations, loan amortization, depreciation, accruals, prepayments, and third-party payment systems like PayPal. In addition, learners will gain in-depth knowledge of US payroll processing (ADP Run, W2, W3, W4, 940, 941), 1099 compliance, and sales tax accounting.

Special emphasis is placed on month-end closing, financial statement preparation, and review checklists to ensure accuracy and compliance. By the end of the program, participants will have both theoretical knowledge and practical skills to confidently manage accounting workflows in a US business environment.