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⇱ QuickBooks - Business Accounting | Coursera


QuickBooks - Business Accounting

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Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

6 hours to complete
Flexible schedule
Learn at your own pace

Gain insight into a topic and learn the fundamentals.
Beginner level

Recommended experience

6 hours to complete
Flexible schedule
Learn at your own pace

What you'll learn

  • Understand how to manage complex transactions like loans, vendor refunds, and bartering in QuickBooks Online.

  • Learn to apply cash and accrual accounting methods and adjust records in QuickBooks.

  • Master accrual-based adjustments and zero-dollar transactions for accurate financial reporting.

  • Become proficient in managing prepaid expenses, deferred revenue, and job costing in QuickBooks Online.

Details to know

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Recently updated!

April 2026

Assessments

2 assignments

Taught in English

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This course is part of the Complete QuickBooks Training: Setup, Features, and Payroll Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 2 modules in this course

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A smarter way to learn with interactive, real-time conversations that help you test your knowledge, challenge assumptions, and deepen your understanding as you progress through the course. In this course, you’ll master the tricky situations and nuances involved in using QuickBooks for business accounting. Learn how to manage car loans, lines of credit, vendor refunds, bounced checks, and more. You'll become proficient in solving common challenges that small businesses face when managing their finances using QuickBooks Online. As you progress through the course, you’ll get hands-on experience in handling accrual bookkeeping, including how to apply cash vs. accrual accounting methods, adjust past periods, manage prepaid expenses, and record deferred revenue. By the end of this module, you’ll have a comprehensive understanding of accrual accounting principles and their application in QuickBooks. The course flows logically, building on practical examples to demonstrate how to manage financial transactions in QuickBooks and create accurate reports. Each lesson is packed with real-life scenarios like corporate credit card tracking, job costing, and overhead allocation to provide valuable skills you can immediately apply in your work environment. This course is ideal for small business owners, accountants, or anyone looking to learn QuickBooks Online to manage their company's finances. Basic knowledge of accounting principles is recommended, but no prior experience with QuickBooks is necessary. The course is beginner-friendly yet comprehensive enough for anyone looking to deepen their QuickBooks expertise. By the end of the course, you will be able to handle tricky financial situations in QuickBooks, manage both cash and accrual accounting, adjust financials for past periods, track job costs and overhead, and close equity accounts at year-end.

In this module, we will explore various tricky situations you may encounter in QuickBooks Online, such as handling car loans, customer credits, and bounced checks. You'll learn how to manage and track these scenarios effectively to ensure your records are accurate. Practical tips will also be provided to help you tackle complex transactions with ease.

What's included

14 videos1 reading

14 videosTotal 135 minutes
  • Introduction3 minutes
  • Car Loans14 minutes
  • Making Loan Payments8 minutes
  • Lines of Credit10 minutes
  • Bartering17 minutes
  • Customers Bounced Checks6 minutes
  • Getting Reimbursed9 minutes
  • Bounced Your Checks4 minutes
  • Refunding Customer Credits6 minutes
  • Vendor Refunds for Goods5 minutes
  • Corporate Credit Cards17 minutes
  • Clearing Transfer Accounts5 minutes
  • Taking Deposits of Work to Be Performed19 minutes
  • Due to-From Accounts12 minutes
1 readingTotal 10 minutes
  • Introduction to the Course 'QuickBooks - Business Accounting'10 minutes

In this module, we will dive into accrual bookkeeping within QuickBooks Online. You’ll gain a deep understanding of how accrual accounting differs from cash accounting, and how to manage adjustments, allocations, and deferred revenue. The module also covers how to handle job costing, payroll, and other key financial tasks efficiently.

What's included

17 videos1 reading2 assignments

17 videosTotal 144 minutes
  • Introduction7 minutes
  • Cash vs Accrual Accounting7 minutes
  • Unapplied Cash Payment Income and Expense6 minutes
  • Cash Based- Adjusting Past Periods9 minutes
  • Accrual Based- Adjusting Past Periods18 minutes
  • Transaction Reallocation- Journal Entries8 minutes
  • Zero Dollar Transactions3 minutes
  • Prepaid Expenses- Accruals16 minutes
  • Deferred Revenue9 minutes
  • Allocations- Job Costing and Payroll6 minutes
  • Allocating Overhead7 minutes
  • Zero Dollar Sales Receipts10 minutes
  • Zero Dollar Checks for Inventory4 minutes
  • Zero Dollar Checks- Bartering6 minutes
  • Terminology Equity8 minutes
  • Bank of Bob5 minutes
  • Closing Equity at End of Year15 minutes
1 readingTotal 10 minutes
  • Conclusion to the Course 'QuickBooks - Business Accounting'10 minutes
2 assignmentsTotal 75 minutes
  • Full Course Practice Assessment15 minutes
  • Full Course Assessment60 minutes

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Frequently asked questions

QuickBooks Business Accounting is a software tool designed to help small businesses manage their finances and accounting tasks. It offers solutions for handling transactions, managing expenses, generating financial reports, and simplifying bookkeeping tasks. Its relevance lies in its ability to streamline business finances and ensure accurate financial records, which is essential for business success and compliance.

This course focuses on teaching the ins and outs of QuickBooks Online, particularly for tackling tricky situations that businesses commonly face. It covers everything from managing car loans and lines of credit to handling bounced checks and refunds. The course also dives into accrual bookkeeping, allowing learners to understand how to manage transactions effectively using both cash and accrual accounting methods.

After completing this course, you will be able to effectively manage various business transactions in QuickBooks Online. You’ll be skilled in handling tricky situations like loan payments, customer bounced checks, vendor refunds, and more. Additionally, you'll have a strong understanding of accrual bookkeeping, including handling deferred revenue, prepaid expenses, and job costing.

No specific background knowledge is required to enroll in this course. However, a basic understanding of accounting principles can be helpful, especially if you’re already familiar with concepts like cash vs accrual accounting. The course is designed to be accessible to beginners but can also benefit those with intermediate accounting knowledge looking to master QuickBooks.

This course is ideal for small business owners, accounting professionals, and anyone who wants to gain proficiency in QuickBooks Online. It’s also suitable for individuals who are new to QuickBooks and want to improve their financial management skills, or those who need to tackle more complex accounting scenarios.

The course consists of 4 hours of video content, and the time it takes to complete will depend on your pace. On average, learners can expect to finish the course within a few hours if they follow along with the videos. However, you may wish to take additional time to review materials and practice the concepts.

Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.

If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.

Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.

If you complete the course successfully, your electronic Course Certificate will be added to your Accomplishments page - from there, you can print your Course Certificate or add it to your LinkedIn profile.

This course is currently available only to learners who have paid or received financial aid, when available.

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Financial aid available,