According to the U.S. Bureau of Labor Statistics, bookkeeping and accounting roles are evolving to rely more on technology and automation and less on manual tasks, increasing the likelihood that businesses will implement accounting and financial software. Luckily, QuickBooks® is one of today's business accounting lifesavers, and a logical step up for businesses that have outgrown accounting on spreadsheets. In addition to all its basic features, this simple-to-use software is also great for tracking vendors and staying on top of account payables and receivables.
In this knowledge-packed 1-hour webinar you will learn multiple vendor and accounts payable workflows as well as scenarios to boost your company’s financial literacy. Featured topics will cover; bill entry and payment, vendor credits and refunds, documenting vendor terms and discount and credit applications. Refine your QuickBooks ® skills to find and reconcile accounts payable mistakes.
The training is demonstrated with the online version of QuickBooks®, but the concepts and principles will carry over into QuickBooks® for Macintosh, QuickBooks® Online and QuickBooks® Enterprise. This tool can aid outside of the accounting process, identifying risks and finding opportunities to ultimately improve the bottom line of your company.
What You Will Learn
- Master the navigation of the vendor center.
- Record any vendor or payables transactions.
- Resolve mistakes associated with vendors and payables.
- Vendor statement reconciliations with QuickBooks®.
- Vendor credits and refunds.
- Avoid checks.
- Determine vendor discounts.
- Define vendor terms.
- Document prepaid expenses.
- Track entered and paid bills.
- Resolve misapplied vendor payments.
- Understand expenses by vendor summary and payment summary.
Who Will Benefit
This webinar is perfect for professionals in accounts payable, accounts receivable, general accounting, payroll, bookkeeping and other positions with fiscal responsibility. It is ideal for QuickBooks® users of all levels from organizations of all sizes; from those just learning to set up their financial management system to experienced QuickBooks® users looking to seek out future certification.