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QuickBooks Online for Farms - Intermediate 

SCORE Maine and University of Maine Cooperative Extension are pleased to offer this QuickBooks Online  intermediate workshop series tailored to small farms and agriculture businesses. QuickBooks information can help you manage your farm business which is the primary reason for capturing transaction data in QuickBooks. 

This important accounting program can help with your invoicing, tracking sales and expenses, handling your bookkeeping requirements for tax preparation and more. 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. Enterprise Results (March 4th)

• Using class tracking in Quickbooks
• Establishing classes
• Recording revenue by class
• Recording expenses by class
• Handling expenses that relate to multiple classes
• Dealing with transactions that were entered without a class designation
• Generating reports by enterprise
• Utilizing the P&L by enterprize for decision making

Objectives- Part II. Using P&L Reports (March 11th)

• Entering budget information in QuickBooks
• Generating reports - P&L
• Generating reports - Balance sheet
• Date ranges and other filters 
• Comparison reports - this year vs. last year
• Comparison reports - this year vs. budget (plan)
• Accounts receivable reports
• Sales reports
• Other reports
• Using the report information to help you manage the business

Who Should Attend?  Any farm or agriculture business owner wanting to increase effectiveness in managing the farm 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:  Two nights on March 4th and 11th for 2 hours each night starting at 6:00 PM.

Where:  Virtual on-line event via Zoom

Space is limited so please register by Friday March 1st.  

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!