IT & Software

QuickBooks Online - Progress Invoicing & Revenue Recognition

Introduction

Are you struggling to manage your business's finances, especially when it comes to progress invoicing and revenue recognition? Do you want to streamline your financial processes and enhance your business efficiency? Look no further than the "QuickBooks Online - Progress Invoicing & Revenue Recognition" course. This comprehensive, 100% online course is designed to provide practical, hands-on knowledge of progress invoicing and revenue recognition using QuickBooks Online. With over 5 hours of on-demand video and 16 downloadable resources, this course is perfect for small business owners, accountants, financial professionals, or anyone seeking to broaden their understanding of these critical financial concepts.

Course Details

Curriculum Overview

The course covers the principles and processes of progress invoicing and revenue recognition in QuickBooks Online, including common revenue recognition issues that arise when managing jobs over a prolonged period. It provides multiple techniques and strategies to handle these revenue recognition problems effectively and implements best practices for managing and monitoring long-term projects to ensure accurate invoicing and revenue recognition.

  • The course includes:
    • 5 hours of on-demand video
    • 16 downloadable resources
    • Access on mobile and TV
    • Certificate of completion

Target Audience and Prerequisites

The target audience for this course includes small business owners, accountants, financial professionals, or anyone seeking to broaden their understanding of progress invoicing and revenue recognition. The prerequisites for this course include basic accounting knowledge and familiarity with QuickBooks Online.

  • Basic Accounting Knowledge: Understanding of basic accounting principles and terminologies is important. Concepts such as debits, credits, accounts payable and receivable, and general financial statement knowledge will be beneficial.
  • Familiarity with QuickBooks Online: Although this course will provide a comprehensive guide to progress invoicing and revenue recognition within QuickBooks Online, previous experience with the platform will be advantageous. Familiarity with the software's basic navigation and features will help you grasp the concepts quickly.

Course Format and Delivery

The course is self-paced and delivered online, allowing students to learn at their own pace. The instructor, Robert (Bob) Steele, is a CPA, CGMA, M.S. Tax, CPI, with a 4.5 instructor rating and over 54,000 reviews.

Benefits & Applications

The course provides practical skills that learners will gain, including:

  • Understanding the principles and processes of progress invoicing and revenue recognition in QuickBooks Online
  • Identifying common revenue recognition issues that arise when managing jobs over a prolonged period
  • Applying multiple techniques and strategies to handle these revenue recognition problems effectively
  • Implementing best practices for managing and monitoring long-term projects to ensure accurate invoicing and revenue recognition These skills are valuable in real-world applications, such as:
  • Streamlining financial processes
  • Enhancing business efficiency
  • Strengthening financial management skills The course is relevant to career growth and industry trends, as it provides learners with the knowledge and skills needed to succeed in the field of accounting and finance.

Standout Features

The course has several standout features, including:

  • Comprehensive curriculum: The course covers a wide range of topics related to progress invoicing and revenue recognition in QuickBooks Online.
  • Practical exercises: The course includes interactive exercises and real-world examples to help learners apply the concepts they have learned.
  • Support features: The course includes access to a community of learners and instructors, as well as a certificate of completion.
  • Course update and maintenance policy: The course is regularly updated to reflect changes in QuickBooks Online and accounting principles.

Student Success

Students who have completed the course have reported a high level of satisfaction, with many stating that the course has helped them to improve their financial management skills and streamline their business's financial processes.

The course has been incredibly helpful in understanding the intricacies of progress invoicing and revenue recognition in QuickBooks Online. I feel more confident in my ability to manage my business's finances.

Conclusion

In conclusion, the "QuickBooks Online - Progress Invoicing & Revenue Recognition" course is a comprehensive and practical course that provides learners with the knowledge and skills needed to succeed in the field of accounting and finance. With its comprehensive curriculum, practical exercises, and support features, this course is a valuable resource for anyone looking to improve their financial management skills. We highly recommend this course to anyone interested in learning more about progress invoicing and revenue recognition in QuickBooks Online.

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