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QuickBooks Online for Farms 

SCORE Maine and University of Maine Cooperative Extension are pleased to offer this QuickBooks Online  workshop series tailored to small farms and agriculture businesses. This important accounting program can help with your invoicing, tracking sales and expenses, and handling your bookkeeping requirements for tax preparation. QuickBooks will let you sync your data across your computer, tablet and smart phone mobile devices when you need it. 

This is a hands-on workshop so you need an internet enabled device to follow along.  You will need to use both  Zoom and your web browser to access the QB test drive at the same time, so using a smart phone will be more challenging to toggle between the two because of the small screen.

Here are the specific objectives of each evening’s session:

Objectives- Part I. Introduction (January 16th)

• Basic principles of accounting
• Accounting behind the scenes in QuickBooks
• An overview of QuickBooks data files and types
• Opening Portable Files
• How to restore backup files
• Entering transactions in QuickBooks
• QuickBooks user interface featuresAbout QuickBooks help and support

Objectives- Part II. Sales Process (January 17th)

• Track company sales
• Set up customer records in the Customer Center
• Track income and expenses by Job
• Record sales receipts
• Use the Undeposited Funds account to track your cash receipts
• Record invoices and payments from customers
• Record bank deposits of cash, check, and credit card receipts

Objectives- Part III. Expenses & Reports (January 23rd)

• Set up vendors in the vendor list
• Understand how to use classes in QuickBooks
• Use QuickBooks for job costing
• Enter expense transactions in several different ways
• Manage accounts payable transactions
• Describe several types of QuickBooks reports
• Create several different accounting reports
• Create several different business management reports
• Create graphs
• Customize the look of reports and filter the data on reports
• Memorize and group reports
• Process and print multiple reports in batches
• Use the Search command to find transactions
• Use QuickZoom to see the “numbers behind the numbers” on reports
• Export reports to spreadsheets for further analysis

Objectives- Part IV. Comprehensive Farm Case Study (January 24th)

• Enter various types of typical farm transactions in QuickBooks Online accounts for a small farm

Who Should Attend? 

• Any farm or agriculture business owner wanting to implement a sound accounting tool for their business

The Presenter: Michael Fortin from Augusta, graduated from Thomas College in Waterville with a BA in Business Education, has worked as an accountant for both government and the private sector for more than 30 years with 17 years devoted to teaching QuickBooks.  He is also a Maine small business owner for 32 years at Power Mixers, a Maine DJ and audio-reinforcement company serving northern New England.

When:  Four nights on January 16th, 17th, 23rd and 24th for 2 1/2 hours each night starting at 6:00 PM.

Where:  Virtual on-line event via Zoom

Space is limited so please register by Friday January 13th.  

IMPORTANT INFORMATION ABOUT ACCESSING QUICKBOOKS ONLINE:  

Available QuickBooks test drive

United States: https://qbo.intuit.com/redir/testdrive

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Security protections during your QuickBooks Online test drive

To ensure your security during test drives, we don't allow bank connections in sample companies. This security protection doesn't affect regular accounts so if you need to test online banking functionality, you can use either an active or trial QuickBooks Online account.

Note: If you try to connect your bank account, you'll get the message "Something isn't working. An error occurred while validating the credentials. Please try again."

 

Fee:  Free Workshop

Register Now!