User name:
Password:
 

 

Copyright © 2006.
cisco-certificatiom.co.uk
All Rights Reserved
QuickBooks 2004 Series: Working with Taxes, Equity, and Liabilities
Product Code: qb0406 Time: 5.0 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:

  • 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:

P500+ Processor, 128MB of RAM; Windows 2000, 2003, XP, Minimum screen resolution 800x600, Internet Explorer 5.5 or higher; Windows Media Player 9.0 or higher; Flash 8.0 or higher; 56K minimum connection; broadband (256 kpbs or higher) connection recommended; Javascript, DHTML and cookies enabled; Sound card with speakers or headphones strongly recommended.

Copyright � 2006 Webteks. All rights reserved.