Closing the Books in QuickBooks Online
Mastering the Art of the Month End Close
Are you frequently thinking
“There must be a better way?”
You know there is. This course lays it out for you.
Do you wish you had a To-Do list of Best Practices to close the books in QuickBooks Online?
Does any of this sound familiar?
- Time-consuming manual processes
- Susceptible to excessive errors
- Vulnerable to fraud
- Too much paper
- Books not closed monthly
- Reconciliation errors
- Inaccurate account balances
- Untimely financial reports
- Don’t know your numbers
- No time to document your processes
- Hard to train and delegate work to staff
- Don’t know best practices
- Don’t understand app integration
- Insufficient processes with customers, vendors, employees
How much money do you waste on inefficient processes?
What if there is a better way?
What if you had:
- Automated processes that reduce manual labor and error
- Best practice procedures for fraud prevention
- Paperless workflow
- Timely, accurate reconciled books and financial reports
- Documented processes for training and delegating to staff
- Happier customers, vendors, and employees
Introducing our new course
Closing the Books in QuickBooks Online
An online course that teaches you how to optimize your accounting department
with premium access to interactive checklists used by today’s modern cloud accounting professionals
Extraordinary! Thanks! Mrs. Laura Redmond Founder and CEO, Redmond Accounting for your expertise, experience and knowledge.
Laura is a great presenter and very knowledgeable!
Great materials, demos, and examples.
In 8 hours of content-rich videos you’ll learn:
- PROCESS – best practices of a cloud accounting department
- AUTOMATE – optimize your infrastructure to save time & reduce error
- SYSTEM – organize your processes into an interactive system
- DELEGATE – delegate tasks with proper separation of duties
- SCHEDULE – pro-actively schedule tasks for consistent, timely performance
Closing the books with QuickBooks Online Course Content
Module 1: Cloud Accounting
Nowadays, the accounting software programs and processes that many of us use in accounting departments are accessed by logging into an internet browser and using cloud-based software and apps that integrate with each other via the internet. We call this Cloud Accounting.
1hr 15min
Module 2: Workflow
This module sets the stage for the course by defining the structure upon which we will learn the cloud accounting process.
As the Financial Controller or person in charge of the accounting for the company, you want to optimize the month-end close process.
45min
Module 3: General Ledger
This module covers some of the more advanced functionality of QuickBooks Online to make sure you have a strong foundational knowledge when working with it. We’ll take a deep dive into categories and transactions so that you can maximize what QuickBooks can do for your company.
2hrs 11min
Module 4: Bank Feed
In this module, we’re going to focus on advanced topics related to the QuickBooks Online bank feed and start learning the skills needed to properly close the books in QuickBooks Online
1hr 8min
Module 5: Reconcile & Validate
Closing the books means making sure that all of the account balances are correct and that financial activity is recorded properly so that financial reports are accurate. In this module, we’ll get started closing the books by supporting the balances on the Balance Sheet by reconciling and validating them.
1hr 51min
Module 6: Review & Close
The Financial Controller is ultimately responsible for the accounting department, and month-end close is arguably the largest of the Controller’s tasks.
1hr 3min
Laura Redmond
Instructor
Laura Redmond, awarded Top QuickBooks Online Advanced MidMarket in 2023 and Top Client Accounting Services in 2019, co-authored many of Intuit’s QuickBooks Online certification programs for accountants and presented sessions at national accounting technology conferences. Laura is the CEO of Redmond Accounting Inc (RAI). Founded in 2005, RAI is a boutique accounting firm providing client accounting and technology services centered around QuickBooks Online and its ecosystem of apps. Laura created Aero Workflow, an app used by accounting firms to distribute their knowledge capital, delegate work to a distributed workforce, and manage service delivery.
Bonus Content included!
Learn how to use the online tools modern professionals find essential in running an efficient cloud accounting department.
PLUS you’ll walk away with 90 days of FREE access to an accounting workflow tool that comes pre-loaded with all the checklists and procedures discussed in the course.
So how much does this cost?
This course represents 15 years of QuickBooks Online and cloud accounting experience in one easy-to-digest package. For $1297 you get:
Workflows
How to set up workflows that will lead to more timely and accurate financial reporting
Reduction of errors
Save time and eliminate errors from manual processes
Career boosting knowledge
Enhance your professional credentials with lessons from an industry leader
Best Practices
How to establish best practices and procedures in your accounting department
Prevent Fraud
Establish controls that guard against fraud
Save time and money
Eliminate inefficient workflows and costly manual processes
Controls
Create separation and delegation of duties amongst staff
Workflow System included
90 days of FREE access to a workflow system that comes pre-loaded with all procedures and checklists covered in the course. This is your cloud accounting department in a box
Ready to get started?
Your No-Risk, Money Back Guarantee
I know it seems risky to invest in something you can’t hold in your hands and look through first! But we are so confident that Closing the Books with QuickBooks Online will transform your accounting department, we offer a full money-back guarantee. If, after 7 days or completing the first 3 modules (whichever comes first), you’re not completely satisfied, simply contact us for a full refund.
It’s that simple:
No questions, complicated forms, or angry emojis from us.
So Let’s recap!
This 8-hour, interactive course:
- will help you prevent fraud
- will help eliminate costly mistakes
- will enhance your professional knowledge
- will help you build scalable workflows
- provides you with tested and proven workflows for month end close in QuickBooks Online
- shows you how to create a separation of duties
- makes it easy to delegate work without a reduction in quality
- guides you in how to schedule work for consistent and timely performance
How can you afford NOT to take this course?
Cloud-based programs and processes have changed the game for the accounting profession. The popularity and adoption of cloud accounting has been growing in the past decade, but by no means do ALL accounting departments use these modern workflows.
Make sure your accounting department is operating at peak efficiency. Grab this opportunity to learn how from one of the top experts in cloud accounting and QuickBooks Online.
FAQ
I already know how to use QuickBooks, how is this course different?
There are many QuickBooks Online courses available. This is not that.
This course is for accounting professionals who can navigate QuickBooks Online, but don't know all the steps involved in this new high-tech, paperless, integrated-app, web-based environment. They need a "To Do" list for how to perform the functions of an accounting department in a cloud accounting environment.
I already know accounting, how is this course different?
There are many accounting courses available. This is not that.
This course is for accounting professionals who can navigate QuickBooks Online, but don't know all the steps involved in this new high-tech, paperless, integrated-app, web-based environment. They need a "To-do" list of how to perform the functions of an accounting department in a cloud accounting environment.
Why do I need to close my books more frequently than once a year?
Month-end accounting can help you assess your business’s financial performance for the previous 30 days. To make data-driven decisions, the data has to be accurate. And if you’re trying to see trends month over month, then you need to make sure that month’s activity reflects how the business performed.
Will this course teach my accounting department staff or me proper workflow?
Not only will this course teach you and your staff the proper workflows for closing the books in QuickBooks Online, but you'll walk away with an interactive, online workflow tool that contains all the checklists and procedures you learned about during the course.
Why should I connect my bank accounts to QuickBooks?
The banking functionality in QBO is established by connecting QuickBooks to each of your financial institutions’ online accounts. This allows QuickBooks to automatically import all the activity posted to these online accounts. The bank feed pulls in 3 fields of data - date, detail, and amount. And, for some of you who use certain banks, QuickBooks is now also able to pull the image of the cleared check. So now you don’t have to manually enter all that data. The bank feed automated that for you.
Does this course have a checklist for year-end close in QuickBooks
Yes! The process we teach and the checklists available to students who complete the course will work to close any period in QuickBooks Online.