UpcomingQuickBooks Day 5 – Working with Foreign Currencies

Rosalina Legaspi

Price Qty*
August 17, 2018 show details + $393.75 (CAD)  
September 14, 2018 show details + $393.75 (CAD)  
October 19, 2018 show details + $393.75 (CAD)  
November 9, 2018 show details + $393.75 (CAD)  
December 14, 2018 show details + $393.75 (CAD)  

  • August 17, 2018
    8:30 am - 4:00 pm
  • September 14, 2018
    8:30 am - 4:00 pm
  • October 19, 2018
    8:30 am - 4:00 pm
  • November 9, 2018
    8:30 am - 4:00 pm
  • December 14, 2018
    8:30 am - 4:00 pm

Lesson Objectives

In this lesson, you will learn how to set up QuickBooks to work with a foreign currency and how to perform transactions in the foreign currency. Upon the successful completion of this lesson, you should know how to:

  • Activate the foreign currency feature
  • update currency exchange rates, manually and automatically
  • understand the use of an Exchange Gain/Loss account
  • set up GeneralĀ  Ledger accounts for foreign currency
  • create foreign currency vendors and customers
  • set item pricesĀ  in foreign currency
  • enter and pay bills in foreign currency
  • enter sales invoices and receive payments in foreign currency
  • create reports using foreign currency

Reporting, Miscellaneous and Year End Procedures

Lesson Objectives

In this lesson, you will learn how to use the financial reporting functions of QuickBooks, how to report and remit sales taxes, and to carry out year-end procedures. You will learn how to perform various functions related to accounts receivable, how to remit workers’ compensation premiums, and how to work with data and reports in greater depth. Upon successful completion of this lesson, you will be able to:

  • create and print financial reports
  • use the Company Snapshot report
  • use the Calendar
  • use the Reminders List
  • prepare and send customer statements
  • charge interest on overdue customer accounts
  • account for NSF cheques and NSF bank charges
  • write off bad debts
  • make customers’ and vendors’ records inactive
  • manage sales tax
  • verify data integrity
  • complete year-end procedures
  • account for and remit workers’ compensation premium
  • use job tracking for time and expenses
  • create invoices based on job and time tracking
  • customize QuickBooks reports
  • access the QuickBooks Web site
  • account for and remit GST/HST and PST

 

Rosalina LegaspiUpcomingQuickBooks Day 5 – Working with Foreign Currencies