QuickBooks 2004 Series: Working with Taxes, Equity, and Liabilities
Product Code: qb0406 Time: 3.0 hour(s) CEUs: Available

Summary:
This course provides an overview of the tools and forms that QuickBooks provides in order to manage taxes, equity, and liabilities. QuickBooks is a registered trademark or registered service mark of Intuit Inc., or one of its subsidiaries, in the United States and other countries.

Objectives:

After completing this course, students will be able to:
  • Take a discount for timely payment of taxes
  • Describe the various federal business income tax forms
  • Set up a draw account
  • Enter prior period adjustments
  • Manage retained earnings
  • Set up a long-term loan


Topics:

  • Sales tax preferences
  • Charging sales tax
  • Tax reports and paying sales tax
  • Discount for early payment
  • Income tax forms
  • Assigning Tax Lines
  • Tax reports
  • Creating a tax return
  • Opening balance equity account
  • Recording Owner's draws
  • Prior period adjustments and retained earnings
  • Accounts payable and payroll tax accruals
  • Recording credit cards
  • Paying credit card accounts
  • Accounting for deposits or retainers
  • Recording loans

Technical Requirements:
200MHz Pentium with 32MB Ram. 800 x 600 minimum screen resolution. Windows 98, NT, 2000, or XP. 56K minimum connection speed, broadband (256 kbps or greater) connection recommended. Internet Explorer 5.0 or higher required. Flash Player 7.0 or higher required. JavaScript must be enabled. Netscape, Firefox and AOL browsers not supported.

Copyright Information:
Product names mentioned in this catalog may be trademarks/servicemarks or registered trademarks/servicemarks of their respective companies and are hereby acknowledged. All product names that are known to be trademarks or service marks have been appropriately capitalized. Use of a name in this catalog is for identification purposes only, and should not be regarded as affecting the validity of any trademark or service mark, or as suggesting any affiliation between MindLeaders.com, Inc. and the trademark/servicemark proprietor.

Terms of Use:

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