Quickbooks Premier 2014

Note: Although this course is based on an older version, it remains to be a beneficial resource for educating and training.

About Quickbooks Premier 2014

QuickBooks is an accounting software package developed and marketed by Intuit.  QuickBooks products are geared mainly toward small to medium-sized businesses and offer on-premises accounting applications, as well as cloud-based versions that accept business payments, manage, and pay bills and perform payroll functions.

What You Will Learn

This course will provide you with the skills and knowledge required to provide a professional level of support to business clients and help them succeed. As you progress through the course, you will develop a working understanding of the complete end-to-end accounting life cycle and be able to support clients with the key required tasks within QuickBooks Online Accountant.

After taking this course, you will be able to confidently provide support to various types of clients and enable them to properly implement QuickBooks Online. This includes everything from the setup and maintenance of client accounts to managing lists and reports. You will also be exposed to basic accounting principles, relevant financial documents, and common errors users typically make.

Learning Objectives:

• Determine client needs and recommend the appropriate subscription level
• Describe how to set up a new client and ensure correct settings are applied based on client needs
• Recall how to use QuickBooks Online Accountant and QuickBooks Online to support a typical SMB client and ensure that all their data is entered correctly
• Describe how to reconcile accounts and make adjusting entries where appropriate
• Describe how to ensure the books are balanced
• State how to close the books in preparation for year or period end
• Recall how to run basic reports
• Apply the working knowledge gained of using the accountant tools
• Describe the benefits of QuickBooks Online mobile app
• Explain best practice workflows to clients

Uses of QuickBooks

QuickBooks accounting software was named the editor’s choice for the best accounting software by PC Magazine.  Due to its increasing popularity, many businesses choose QuickBooks for their accounting needs, which creates a need for competent users. There is a rising market for professional QuickBooks bookkeepers. Job seekers can find career opportunities and lucrative salaries in many different areas including accounting, bookkeepers and CPAs. Entrepreneurial opportunities are also abundant.

In small businesses, bookkeepers are responsible for the daily financial transactions of the company. They record the daily receipts into financial software, like QuickBooks, and manage the banking transactions, accounts payable and accounts receivable. In larger companies, these roles may fall on multiple clerks or accountants, but smaller companies may employ a full-time bookkeeper to handle all these functions.

How Much You Can Make

Average salaries can vary depending on which career path you take after learning QuickBooks.  Starting salaries for bookkeepers can start off at $46,000 a year, while Certified Public Accountants (CPAs) can make up to $65,000 a year.  Generally, staff accountants start off at around $50,000 a year.  There is also a large market for independent bookkeepers and freelance opportunities.  Most freelancers will charge in the range of $25 – $40 an hour for QuickBooks services rendered.

More About Quickbooks Premier 2014

The QuickBooks Premier 2014 course is designed to provide individuals with the skills and knowledge necessary to effectively use QuickBooks Premier 2014, a widely used accounting software. QuickBooks Premier 2014 offers advanced features and functionalities tailored for specific industries, making it a valuable tool for businesses of all sizes. This course focuses on equipping participants with comprehensive knowledge of QuickBooks Premier 2014 and its applications. In this document, we will explore the knowledge benefits, career advantages, job opportunities, and salary potential associated with completing the QuickBooks Premier 2014 course.

Knowledge Benefits

The QuickBooks Premier 2014 course covers a wide range of topics related to accounting principles, financial management, and the specific features of the software. By completing this course, individuals can gain the following knowledge benefits:

1. Understanding of accounting fundamentals: Participants will develop a strong foundation in accounting principles, including concepts such as double-entry bookkeeping, financial statements, and general ledger management.

2. Proficiency in QuickBooks Premier 2014 features: Participants will acquire in-depth knowledge of the various features and tools provided by QuickBooks Premier 2014. They will learn how to navigate the software, manage accounts payable and receivable, reconcile bank statements, and generate financial reports.

3. Financial management skills: Participants will acquire skills in managing financial data effectively, including recording transactions, maintaining accurate records, and analyzing financial information to support decision-making processes.

4. Industry-specific applications: QuickBooks Premier 2014 offers industry-specific versions tailored for businesses in manufacturing and wholesale, non-profit organizations, professional services, and more. Participants will learn how to leverage the software’s specialized features to meet the unique requirements of different industries.

5. Customization and troubleshooting: Participants will develop the ability to customize QuickBooks Premier 2014 to suit specific business needs, such as creating custom reports, forms, and templates. They will also gain skills in troubleshooting common issues that may arise when using the software.

Career Benefits

Completing the QuickBooks Premier 2014 course offers several career benefits for individuals seeking opportunities in the accounting and finance field. Some of the key advantages include:

1. Increased job prospects: QuickBooks is widely used by businesses across industries, making proficiency in QuickBooks Premier 2014 a valuable skill. By completing this course, individuals can enhance their job prospects and stand out in the competitive job market.

2. Versatility and flexibility: QuickBooks Premier 2014 is suitable for businesses of various sizes and industries. By gaining proficiency in QuickBooks Premier 2014, individuals can explore employment opportunities in diverse sectors, including small businesses, mid-sized enterprises, non-profit organizations, and more.

3. Advancement in accounting roles: The QuickBooks Premier 2014 course can open doors to roles such as Bookkeeper, Accounting Clerk, Financial Analyst, or Staff Accountant. With practical knowledge of QuickBooks Premier 2014, individuals can take on more responsible positions and contribute to the financial success of organizations.

4. Entrepreneurial opportunities: Individuals interested in starting their own accounting or bookkeeping services can benefit from the QuickBooks Premier 2014 course. The knowledge and certification gained from this course demonstrate their expertise in using QuickBooks Premier 2014, making them attractive to potential clients.

Job Opportunities

Certified QuickBooks Premier 2014 professionals can explore various job opportunities in the accounting and finance field. Some of the potential job roles include:

1. Bookkeeper: Responsible for recording financial transactions, managing accounts payable and receivable, reconciling bank statements, and generating financial reports using QuickBooks Premier 2014.

2. Accounting Clerk: Supports the accounting department by processing invoices, maintaining financial records, assisting with payroll processing, and utilizing QuickBooks Premier 2014 for day-to-day accounting tasks.

3. Financial Analyst: Utilizes QuickBooks Premier 2014 to analyze financial data, create budgets and forecasts, evaluate business performance, and provide recommendations for improvement.

4. Staff Accountant: Applies accounting principles and utilizes QuickBooks Premier 2014 to manage general ledger activities, prepare financial statements, conduct reconciliations, and assist in financial reporting processes.

5. Small Business Consultant: Provides advisory services to small businesses, including setting up and optimizing QuickBooks Premier 2014, implementing best practices, and offering guidance on financial management.

6. QuickBooks Trainer: Utilizes expertise in QuickBooks Premier 2014 to train individuals and businesses on how to effectively use the software, customize features, and troubleshoot common issues.

Salary Potential

The salary potential for individuals with QuickBooks Premier 2014 certification can vary based on factors such as job role, experience, location, and the size of the organization. According to salary data, the average annual salary for professionals working with QuickBooks ranges from $40,000 to $70,000, depending on the job title and level of experience.

Entry-level positions, such as Accounting Clerk or Bookkeeper, generally have a salary range of $30,000 to $45,000 per year. As individuals gain experience and take on more specialized roles, such as Financial Analyst or Staff Accountant, the salary range can increase to $50,000 to $80,000 per year. Small Business Consultants who provide QuickBooks advisory services may earn between $45,000 and $70,000 per year. QuickBooks Trainers can earn an average salary of $40,000 to $60,000 annually.

It’s important to note that these figures are approximate and can vary depending on factors such as geographic location, industry, and individual qualifications.

Conclusion

The QuickBooks Premier 2014 course equips individuals with the skills and knowledge needed to effectively utilize the QuickBooks Premier 2014 software in accounting and financial management roles. By completing this course and obtaining certification, individuals gain a solid understanding of accounting principles, proficiency in QuickBooks Premier 2014 features, and specialized knowledge applicable to various industries. The certification opens doors to a range of job opportunities, including roles such as Bookkeeper, Accounting Clerk, Financial Analyst, Small Business Consultant, or QuickBooks Trainer. Additionally, professionals with QuickBooks Premier 2014 certification can expect competitive salaries, with potential earnings ranging from $40,000 to $70,000 per year. With the widespread use of QuickBooks in businesses of all sizes, the QuickBooks Premier 2014 certification provides a valuable credential that enhances career prospects and contributes to success in the accounting and finance field.

Using IT Certs Training for Quickbooks Premier 2014 Certification

IT Certs Training is an online training company that provides comprehensive training programs for various IT certifications, including Quickbooks Premier 2014. The program offers several benefits, making it the best option for obtaining this certification:

1. Flexibility:

IT Certs Training provides self-paced online courses that allow learners to study at their own pace and schedule. This flexibility is particularly useful for working professionals who want to obtain a certification while continuing to work.

2. Comprehensive Curriculum:

The IT Certs Training curriculum covers all the topics and skills required to pass the Quickbooks Premier 2014 certification exam. The program provides videos, practice tests, and study materials that are designed to help learners master the exam objectives.

3. Experienced Instructors:

The program instructors are experienced professionals who have extensive knowledge and expertise in IT Networking and CyberSecurity in addition to many other areas of expertise. They provide guidance and support to learners throughout the training program.

4. Exam Preparation:

IT Certs Training provides exam preparation materials, including practice exams and study guides. These resources help learners prepare for the certification exam and increase their chances of passing it on the first try.

5. Cost-Effective:

The IT Certs Training program is cost-effective compared to other training programs. The program offers affordable pricing and provides value for money by offering comprehensive training and exam preparation resources.

Course Outline

Module 1: Setup and Maintenance
Module 2: List Management
Module 3: Sales (Money-In)
Module 4: Purchased (Money-Out)
Module 5: Accounting
Module 6: Reports
Module 7: Customizations and Time Savers
Module 8: Extra

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