New Features on QuickBooks 2010

Intuit Statement Writer is an additional paid service provided on 2010 version of QuickBooks.
A wizard for creating financial statements and reference documents, Intuit Statement Writer 2010 is all new in Premier Accountant 2010.
• Create up to 16 statements in one workbook and batch print the statements and documents
• Build financial statements on a per-class or per-job basis, or as a combination of classes
• Access over 50 statement and document templates online
• Set ANY date range for statements, including 4-week months or 13-week quarters
• Send consolidated reports to clients in .pdf format
• Create Microsoft Word-based letters, cover pages and documents in report, and bring QuickBooks financial data into documents
To create Professional Financial Statements on spreadsheet, format the reports; upload the changes from QuickBooks to spreadsheets or spreadsheets to QuickBooks, detect the cost or income from the total expenses, are made easy with the Intuit Statement Writer.
Though, the feature was available earlier to export the Financial Statements to spreadsheet, but it was not feasible to update the changes or look for the breakups in details using QuickBooks. Every time, as and when the changes were made on QuickBooks, it was necessary to export the new reports to spreadsheet.

There are commands to format Fonts, Rows, Columns and Cells very much available in the Microsoft Excel Worksheet, but are not possible to use when we work with Intuit Statement Writer. Because the Intuit Statement Writer contains a set of activities to format the Fonts, add or delete Rows, Columns and Cells associated with the Financial Statements using the Statement Writer.

This has made easy and comfortable to send the Financial Statements like Balance Sheet, Income Statement, Budget to Actual, cover letter, Audit Report and many other Statements for final review or for the presentation to the stake holders, Partners, other legal authorities, which was not possible earlier using Export to Spreadsheet.

All the modification and filter was done on QuickBooks and later was exported to spreadsheet, if any further information is changed or added, again the old Statements was to be replace by the new repo Statements. This hassle has been overcome using Inuit Statement Writer.
Over all motives is to save time more than 2 hours per client. Comparison of Reports with percentage and calculation of Variance, combining and separation of Accounts, classification by class and job, choice of statements date, month, quarter or year wise, Review Reports, Compilation Reports and Retained Earning Statements.

The New Intuit Statement Writer is a great tool for customizing QuickBooks Financial Statements. The Financial Statement Designer and added features are most wanted by making the Statement Writer work in Excel. Now there is full range of Excel commands to take the work where it is quickly and easily created.

A lot of clients require actual to forecast budget. Earlier it was created everything in the previous report writer; dump it into Excel and then do a quick look up of their budget files and merging the files. With the Budget to Actual reporting in Statement Writer, it saves 2 to 3 hours per client.

The Financial Statements so created using Statement Writer can be saved as either Spreadsheet of a PDF file on any drive of the computer. It can be set with preferences of the General Preferences to diagnose the installation and storage location, Formatting, Accountant Information with the company name and address, Header/Footer to be visible on the Statements.

Resources are also available as ISW Community online help, ISW Support Indexed help texts and additional Templates can be downloaded.
Client Data Review –

Similar to spell check for the clients' QuickBooks files, Client Data Review helps to find and fix client entry errors with 4 new tools in Premier Accountant 2010.
• Reclassify hundreds of transactions, or write off multiple invoices, statement charges, and financial charges from a single window
• Identify items with negative inventory in two clicks, then fix them directly in Client Data Review
• Identify and make adjustments to incorrectly set up items, including "one-sided items"
• Automatically fix incorrectly recorded Sales Tax Liability payments
• From Premier Accountant 2010, use Accountant's Copy to fix and send back client files from QuickBooks Pro and Premier 2009.

Clean Up, it takes average 4 hours per client, advising, consulting, searching the bills, invoices, receipts, checks, analyzing and confirming the actual transactions before marking for reconciliation or recording a transaction.
Account Balances to work with Troubleshoot, reclassifying and to work with open working Trail Balances, Review list of Added, Changes, deletions and merged on Chart of Accounts, Items, Fixed Assets, Items, Payroll Items, Customer and Vendor.
Accounts Receivables to fix unapplied Customer Payments and Credits, Clear-up Undeposited Funds, Review AR Aging Detail Report, can be auto applied while reviewed.
Accounts Payable to fix unapplied Vendor Payments and Credits, Evaluate and Correct 1099 Account Mapping, Review AP Aging Detail Report .

Sales Tax to find incorrectly paid and adjustment of Sales Tax, identify sales or payroll taxes paid wrong or more
Inventory adjustments of Quantity, tracking of quality used and sold or adjusted.
Payroll liabilities if paid incorrectly, employee settings, after the fact payroll reviews
Bank reconciliation clean up tasks to locate discrepancies and review missing checks
To write off the Bad Debts, collectively and save the details as a PDF file for reference and the details are saved as memo in the respective documents. Void the unclear checks
Average time savings reported by actual Client Data Review users to track list of changes, by finding and pinpointing the exact discrepancies for quarter or year end clean-up of client files.
Any period reviews can be made using Accrual or Cash basis and status is also maintained for related reviews, task notes added as Review Notes, Audit Trail of Review is available for references.
Again this feature is also to save time to review a mass data and analyze or finalize the transactions together in a meeting or while audit, though most of the reviews are periodically done while bookkeeping daily, weekly or monthly, this will save time to clean up all the tasks at once.
Document Management –
QuickBooks 2010 adds an integrated Document Management System to QuickBooks that is very simple to use.

A Document Management System (DMS) is a program that is used to store documents and/or images of paper documents. This can be a very valuable tool for the business. If there is a customer PO that relates to an invoice, want to be able to find that PO quickly. If there are estimates for clients and are created supporting documents that needs to be able to access those documents when working with the estimate. A DMS system will help organize this information and, if it integrates with QuickBooks, let associate the documents with transactions or other records in QuickBooks.
The QuickBooks Document Management feature is a subscription service that is available for a fee (a limited amount of storage is available for free) and must be connected to the Internet, as the documents are stored in the Intuit Workplace. This is an online application center that Intuit uses to provide “cloud” based features.
Electronically "paperclip" documents to QuickBooks transactions to stay organized and save time finding what is need. Scan documents directly into QuickBooks, or attach electronic files already on the PC.

• Store receipts, statements and more online (in the Internet cloud) for easy sharing
• Easily attach documents to any customer, vendor, employee, account or transaction
• Scan dozens of documents at one time — simply insert blank pages in between and QuickBooks creates individual files7
• Keep important documents at the finger-tips and backed-up online
• Streamline collecting and matching documents from clients to specific transactions
The attachment feature for additional related or relevant documents is available for Customers, Vendors and Employees. Any contracts, sales or purchase agreements, description of Customer or Vendor to save in the QuickBooks.
Attach a document to the transaction, delete an attached document, or even view the attached document.
There are three options for attaching a document:
• Local Files opens a file dialog so to attach a file on the computer. Note that if using an unsupported scanner, it would save the scan as a file and attach it this way.
• Scanner will scan the document directly from the Twain compliant scanner.
• Online Document Inbox holds documents that have added before they are associated with a transaction or list.
Note that on the bottom of the screen shows the storage space are used, and how much is available. The fee to be paid is based on the amount of storage you use.
A detailed description about the job work or Appendix for Bills, Invoice, Sales Receipts, Purchase Orders, Estimates and Sales Orders, any number of documents can be attached.
It used to be messy to send the documents from QuickBooks, or to open up the Contract to review the terms and conditions of Bills to pay bills on QuickBooks. But using Document Management, the attachments can be located easily, added to online document Inbox, user can be set up and managed and much more on utilities and Document Center Icon on the toolbar.
The Document Management Center provides with a number of filters to refine the view. for example select just invoices, or invoices for a particular customer, have the ability to enter descriptive information for each document.

Using the “Inbox”
Add documents to the document database directly, without going through QuickBooks. In the Document Management Center, just click Add Document to Inbox.
Sharing Documents
An important feature of the program is the ability to share documents with other users without having to give them access to the entire set of documents. Select the document in the Document Management Center and select the “share” action. This opens a window that lets us to enter an email address and a message – QuickBooks will send a link to the document.
Bad Points
• Not local database, so to depend on Intuit for security and backups. For some people this may be a problem. For others, it isn’t. Decide if this fits the business model. Note that Intuit has a very secure online database system.
• If stop paying for the service, will lose access to the documents.
• Cannot create non-QuickBooks records, so can’t attach documents to something not related to QuickBooks.
• No ability to add own columns to define other kinds of information to track with the documents.
• The product does not integrate with Microsoft Office, unlike other products (like PaperSave Plus). If have an email in Outlook, for example, it has to be printed as a PDF and then attach it separately.
• This is a new product, while others have been around longer.
Pricing
As listed on the initial web pages or announcements of this service costs to be:
• Free for up to 100 MB of storage.
• $4.95 a month for up to 500 MB of storage.
• $14.95 a month for up to 1 GB of storage.
• $29.95 for up to 5 GB of storage.
Is It a Good Deal?
• Certainly it is worth looking at if it is needed this kind of service. This is an example of one of the “cloud” based applications that Intuit will be pushing very strongly. It is the direction that they are going to push in the future for add-on products.
• Cannot download a copy of the documents to a local drive. (It wasn’t available in the beta test version).
• If want local storage, or don’t have reliable Internet connections, look at PaperSave Plus (reviewed here). If need integration with Outlook, look at PaperSave Plus
• At this time the Intuit product has a lower per-month fee than SmartVault, but it wouldn’t be surprised if that company changes its pricing structure.
Add/Edit Multiple List Entries –

Copy and paste from Microsoft Excel directly into key QuickBooks Lists with Add/Edit Multiple List Entries. Or, use the new table format to enter new QuickBooks List data faster.
• Enter Items, Customers, or Vendors data using an improved table format
• Copy and paste lists from Microsoft Excel directly into QuickBooks lists
• Edit one list entry then easily copy the changes to many
QuickBooks now offers a spreadsheet view to quickly enter or edit customer, vendor, item, or account information. It can be duplicated and modified existing items, such as customer job. Even paste list information from EXCEL.

Spreadsheet view is a great way to update customers/jobs, vendors, service items, inventory parts, and non-inventory parts.

Select the columns to display and place them in the order that best meets the needs. It can be copied and paste data from one record to another. This can come in handy for a single update to a group of records. Rather than edit each individual record it is simple copy and paste, even when the pasted data is from a dropdown list.

A “Copy down” command can be used to copy the same data to the end of a list. But this will also overstore existing field data for all items in that list.

Even data can be pasted directly from Excel to add to or modify the lists. But make sure that the columns displayed in EXCEL match the columns displayed in QuickBooks. The column headers should not be copied into QuickBooks. After copying, QuickBooks will notify any errors in the copied data. It can fix those errors in QuickBooks or close the Add/Edit Multiple List Entries and abort all changes made since it opened the form.

Users can save time by editing multiple long lists of items, customers, or vendors, rather than edit each item individually. They can also copy and paste data into QuickBooks directly from Excel with a simple key stroke, eliminating the unnecessary steps of inputting the data directly.

The Add/Edit Multiple List Entries feature is one of the greatest updates in years. It is so much easier to add customers, vendors and items, all at one time versus going into each one and saving and then adding the next one. Wow, what a time saver!
Access this feature from the Lists menu -> Add/Edit Multiple List Entries to display the following window. Using the List drop down menu, you can select to work with the following Lists – Customers (and Jobs), Vendors, Service Items, Inventory Parts, and Non-Inventory Parts.
Forms Customization –

More customization options, including free professional design templates for commonly used forms such as invoices and estimates, give QuickBooks users the ability to apply the same design to multiple forms at once. Those who want help designing a unique look can connect with a community of professional designers through Intuit Creative Solutions.

Company Snapshot –

QuickBooks users can now create a customized report to display on their computer screen, getting an immediate view of their company’s bottom line. Previously, the Company Snapshot was a static view that could not be personalized. Users can choose from several reports, including new ones for yearly expenses and income comparisons, detailed expense and income breakdowns, and a top customer list. Plus, the reports can be changed instantly.

The new Company Snapshot gives great information at the click of a button. This is a great place to go to pinpoint problem areas or to just determine the strengths and weaknesses within the company.

Report Center –

This radically re-designed report center gives users access to more than 100 reports and makes it easier to find the right report in order to make better business decisions. Different views make it easier to navigate quickly between reports. These include a carousel view to flip through the reports, a list view to see all reports at once, and a ‘favorites’ view to keep track of frequently used reports. A new search feature helps users find the report with the specific information they want.

Quickbooks Common terms

Common QuickBooks® Items
QuickBooks® Tools:
Lists – QuickBooks® software uses lists to maintain company information, and to store repetitive information. The major benefit to storing information on a List is that the information has to be entered only once—even if you use it over and over again. QuickBooks® also uses the Lists to fill in blanks on the QuickBooks® forms.

Forms – Use QuickBooks® forms to record your business transactions quickly and easily.

Registers – Like the personal Check Register, QuickBooks® uses Registers to show all activity in one account. All Balance Sheet Accounts have Registers.

Common Accounting Terms:
Assets – Part of the Balance Sheet; what is owned by the company. Assets include cash, Accounts Receivable, Inventories, and Plant and Equipment. Assets are usually recorded at their acquisition price.

Balance Sheet – A financial report that shows the financial position of a company at a particular point in time in terms of Assets, Liabilities, and owner’s Equity. The Balance Sheet allows the business owner to view the firm’s total resources and determine how the Assets are being financed.
Assets = Liabilities + Owner’s Equity.

Cash Basis vs. Accrual Basis – Bookkeeping method used to determine how you report income and expenses. If you use Cash Basis accounting, you report incomes and expenses only when money is actually received or disbursed. With Accrual Basis accounting, you report income and expenses when they are incurred.

Chart of Accounts – A List of all the Account Titles (business resources) in a general ledger. Account Titles are grouped by Assets, Liabilities, Equity, Expenses, and Revenue.

COGS – Cost of Goods Sold - The cost of goods and materials held in inventory and then sold.

Equity – Part of the Balance Sheet; the difference between what you have (Assets) and what you owe (Liabilities).

Liabilities – Part of the Balance Sheet; what the company owes: present obligations resulting from past transactions that require the firm to pay money or provide services in the future. Liabilities represent creditors’ claims on the Assets of the business. Liabilities include Accounts Payable, loans, credit card balances, and unpaid sales and payroll taxes.

Profit and Loss Statement – Also called the Income Statement. The Profit and Loss Statement, which lists the revenues and expenses, shows the results of operations for a period of time, and the results are reflected in the owner’s equity on the balance sheet. When total revenues exceed total expenses, the result is net income.


Use the Following Items When Recording Sales:
Service – Services you charge for or service you purchase.

Inventory Part – Items you purchase, track as inventory, and then resell.

Non-inventory Part – Items you sell but do not purchase; Items you purchase but do not resell; Items you purchase and resell but do not track as inventory.

Other Charges – Other charges on a sale or purchase, such as freight or finance charges

Group – Fast entry of a group of individual Items already on the List


Use the Following Items to Calculate:
Subtotal – Calculating a subtotal before calculating a discount or charge that covers several items.

Discount – Calculating an amount to be subtracted from the total. (To discount several Items, use a Subtotal Item first.)

Payment – Payment received at the time of invoicing so that the amount owed on the Invoice is reduced.

Sales Tax – Calculating a single sales tax for a sale.

Sales Tax Group – Calculating two or more sales taxes grouped together and applied to the same sale.

April 2010 Quickbooks training schedule

Cosmic announces launch of March month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes) starting from April 5th to 9th of April 2010.

Quick books training will be in Quick books 2010. We have upgraded our Manual to 2010 and Quick books 2010 has come up with lot more easy to access features... Don't Miss the opportunity.....

Topics covered:

Lesson 1: Getting Started -2010
Topic 1A: Starting Quick Books
Topic 1B: Identifying Components of the Quick Books Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company - 2010
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists -2010
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services -2010
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments -2010
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts-2010
Topic 6A: Writing a Quick Books Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills -2010
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quick books pro -2010 training and get certified as Certified Quick books user from Intuit Academy.

Wish to know more check the a link

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz
9902977233 / 080-23190288

Training in Quickbooks in Bangalore

Cosmic announces launch of March month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes) starting from March 22nd to 25of March 2010.

Quick books training will be in Quick books 2010. We have upgraded our Manual to 2010 and Quick books 2010 has come up with lot more easy to access features... Don't Miss the opportunity.....
Topics covered:

Lesson 1: Getting Started -2010
Topic 1A: Starting Quick Books
Topic 1B: Identifying Components of the Quick Books Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company - 2010
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists -2010
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services -2010
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments -2010
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts-2010
Topic 6A: Writing a Quick Books Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills -2010
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quick books pro -2010 training and get certified as Certified Quick books user from Intuit Academy.

Wish to know more check the a link

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz
9902977233 / 080-23190288

Quickbooks training schedule of December 2009

Cosmic announces launch of September month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes) starting from December 7th to 11th of December 2009.

Quick books training will be in Quick books 2010. We have upgraded our Manual to 2010 and Quick books 2010 has come up with lot more easy to access features... Don't Miss the opportunity.....
Topics covered:

Lesson 1: Getting Started -2010
Topic 1A: Starting Quick Books
Topic 1B: Identifying Components of the Quick Books Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company - 2010
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists -2010
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services -2010
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments -2010
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts-2010
Topic 6A: Writing a Quick Books Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills -2010
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quick books pro -2010 training and get certified as Certified Quick books user from Intuit Academy.

Wish to know more check the a link

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz
9902977233 / 080-23190288

download quickbooks 2010 for free

One can download quickbooks premier 2010
DOWNLOAD

What's new in Quickbooks 2010?

• Electronically "paperclip" documents to QuickBooks transactions to stay organized and save time finding what you need.
• You can scan documents directly into QuickBooks, or attach electronic files already on your PC.
• Store receipts, statements and more online (in the Internet cloud) for easy sharing
  Easily attach documents to any customer, vendor, employee, account or transaction
  Scan dozens of documents at one time — simply insert blank pages in between and QuickBooks creates individual files7
  Keep important documents at your finger-tips and backed-up online
  Streamline collecting and matching documents from clients to specific transactions
• Copy and paste from Microsoft Excel directly into key QuickBooks Lists with Add/Edit Multiple List Entries. Or, use the new table format to enter new QuickBooks List data faster.
• Enter Items, Customers, or Vendors data using an improved table format Copy and paste lists from Microsoft Excel8 directly into QuickBooks lists Edit one list entry then easily copy the changes to many
• A wizard for creating financial statements and reference documents, Intuit Statement Writer 2010 is all new in Premier Accountant 2010.
• Create up to 16 statements in one workbook and batch print your statements and documents
• Build financial statements on a per-class or per-job basis, or as a combination of classes
  Access over 50 statement and document templates online
• Set ANY date range for statements, including 4-week months or 13-week quarters
• Send consolidated reports to clients in .pdf format10
• Create Microsoft Word-based letters, cover pages and documents in your report, and bring QuickBooks financial data into your documents
• Grow your practice, better serve your clients, and increase productivity by joining the ProAdvisor Progam.
• Grow profits and increase productivity with certification - the majority of Certified ProAdvisors feel empowered to charge on average $21 more per hour for their services after becoming certified.
• New for 2010! Learn faster and earn free CPE in our new simulation based certification process New for 2010! Easy to read and take on the go course materials with bigger font and printable content
• Grow your client base - Nearly 50% of Certified ProAdvisors have increased their number of clients annually since becoming certified.
• Get Listed on the ProAdvisor Referral Website - over 40,000 QuickBooks users visit each month
  Download trail version of Quickbooks 2010

Quickbooks training In October 2009

Cosmic announces launch of September month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes) starting from October 12th to 16th of October 2009.
Topics covered:

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quickbooks pro -2009 training and get certified as Certified Quickbooks user from Intuit Academy.

Wish to know more check the a link

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz
9902977233

Quickbooks user certiciation

Certification Exam-
You can purchase the Certification Exam only. This option is recommended only if you are an experienced QuickBooks user and have deep knowledge of all the areas covered in the "Topics & Exams" section. The exam only option is the same process as outlined in step two above.
What to Expect
The QuickBooks Certified User training and exam is delivered via Intuit's Web-based Learn Center. The time required to complete the training and assessment is approximately 10-12 hours, including demonstrations, simulations, quizzes, and exams. Each person is different and this may vary by individual. For your convenience, you may start and stop the training and exams as often as needed to fit your schedule.

Quickbooks training batch for September 2009

Cosmic announces launch of September month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes) starting from September 7th to 11th of September 2009.
Topics covered:

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quickbooks pro -2009 training and get certified as Certified Quickbooks user from Intuit Academy.

Wish to know more check the a link

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz

9902977233

New Quickbooks training batch August 10th to 14th of August

Cosmic announces launch of August month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes) starting from August 10th to 14th 2009 Topics Includes

http://quickbooksindia.blogspot.com/2009/06/quickbooks-2009-training-batch.html

Why to get trained in Quickbooks????

This is a common question any trainee would ask why should I get trained in Quick books? what is the use in getting trained and certified in Quick books. here I will explain the benefit of getting trained in Quick books.

• There are 3.5 million users of quick books
• 85% of the US SME's market is dominated by quick books
• It will help how to customize Quick Books to achieve the maximum results for your business
• Most efficient use of the software and minimize your time spent on accounting .
• Needed MIS report at one shot and with a single click.
• It will help to gain confidence not only in using the software, but also in understanding the accounting process
• It will add weight age to one's resume and will make it easily marketable.
• Quick books user certification or pro-advisor will help the professional to know more about quick books features.

Quickbooks 2009 training batch scheduled from 13th of July 2009 to 17th of July 2009

Cosmic announces launch of June month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes)starting from July 13th 2009 to 17th of July 2009.
Topics covered:

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quickbooks pro -2009 training and get certified as Certified Quickbooks user from Intuit Academy.

Wish to know more check the alink

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz

Quickbooks 2009 training batch scheduled from 8th of June 2009 to 12nd of June 2009

Quickbooks 2009 training batch scheduled from 8th of June 2009 to 12th of June 2009

Cosmic announces launch of June month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes)starting from June 8th 2009 to 12th of June 2009.

Topics covered:

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quickbooks pro -2009 training and get certified as Certified Quickbooks user from Intuit Academy.

Wish to know more check the alink

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz

or apply online with a draft of Rs.24,900.00

Intuit QuickBooks Certified User Program in India

Intuit QuickBooks Certified User Program

Intuit is pleased to announce the official QuickBooks Certified User Program.
The QuickBooks Certified User Program is a Web-based certification program designed for people who use QuickBooks in their day-to-day job, including bookkeepers, office managers and owners. The program is intended to broaden, deepen and verify users' knowledge of QuickBooks Financial Software (Pro, Premier editions and Enterprise editions) through training and testing.

Benefits of the program:

Sharpen and expand your current QuickBooks and bookkeeping skills
Save time and increase efficiency by incorporating tips and tricks into your daily work
Demonstrate your QuickBooks capabilities to current and future employers
Receive a professional-looking certificate of completion
Identify yourself as a QuickBooks Certified User on the QuickBooks Community Web site

If one looking for help in getting trained and get certified as Quickbooks user just you need to pay $49.95 and attend the training conducted by cosmic IT services in india (Cosmic has been providing corporate and individuals QuickBooks training for over 5 years. Our philosophy is to provide "Quality training at affordable rates". Cosmic unlike any other training institute provides you with hands on experience.)

for more detials login to www.quickbooksindia.com

Topics & Exams
The comprehensive QuickBooks training consists of three sections. Each section includes several modules followed by an exam at the end of each section. The training is specifically designed to cover the topics you will be tested on. The exam is designed to test a broad range of QuickBooks skills, key tasks and work processes. Below is an outline of the key topics covered in the training and exams.

Section 1: Essentials for the QuickBooks User
Module 1: Creating a New Data File and Entering Historical Transactions
Module 2: Lists
Module 3: Chart of Accounts and Financial Statements
Module 4: Items
Exam: Section 1
Section 2: Day to Day Transactions
Module 1: Customers, Sales and Receivables
Module 2: Vendors, Expenses and Payables
Module 3: Payroll and Time Tracking
Exam: Section 2
Section 3: Special Topics for QuickBooks User
Module 1: Reporting
Module 2: Customizing QuickBooks and Saving Time
Module 3: Security & Multi-User
Module 4: File Utilities
Module 5: Working With Accountants
Exam: Section 3


Sample test questions:

QST.1. How do you remove transactions from a company file without deleting existing lists, preference, and service subscriptions?
a. Click the Company menu and select Clean > Company Data
b. Click the File menu and select Utilities>Clean up Company Data from the menu. Then, choose the Remove All Transactions option
c. Click the File menu and select utilities > Purge Data from the menu
d. Click the Edit menu and select Delete All Transactions

Ans: B

QST.2. Which is the correct method to adjust sales taxes due?
a. Click the Vendors menu and select Sales Tax > Adjust Sales Tax Due
b. Click the Banking menu and select Pay Sales Tax with Adjustment
c. Click the Company menu and select Make General Journal Entries
d. Open the Sales Tax Payable account register and edit the ending balance

Ans: A

Quickbooks 2009 training batch scheduled from 18th of May 2009 to 22nd of May 2009

Cosmic announces launch of May month 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes)starting from 18th of May 2009 to 1st of 22nd of May 2009.

Topics covered:

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quickbooks pro -2009 training and get certified as Certified Quickbooks user from Intuit Academy.

Wish to know more check the alink

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz

or apply online with a draft of Rs.24,900.00

What our students Say??

I would recommend it to anyone using QuickBooks2009! Here we get practical knowledge working on quickbooks and I got Quickboos user certifcation also...

Kavitha and Pallavi from TG Voices Bangalore



This is one of the best classes I have taken...it's really wonderful. I would recommend it to anyone using QuickBooks!

- John K.S


I am now comfortable doing my job in QuickBooks in my company which has sponsored my training fees and it's a real value addition to my career.

- M/S. Sabre International Ltd.


This training really frees me up to focus on the strategic aspects of the company...not just the accounting.



-Debrothi Roy


Very informative; great instructor; excellent integration between general accounting principals and QuickBooks functionality.



-Iteamic Pvt. Ltd.


I learned LOTS of useful things in this QuickBooks class. The instructor's knowledge was a very good and they answered all my questions.

-Ujwal Management Pvt. Ltd.


We were very fortunate to find QuickBook Training in Bangalore. Their training helped me in working on a weekly basis with my daily sales entries, payroll, A/P, generating checks to vendors, and printing monthly reports, such as profit and loss, and cash flow.



-Mr. Yash sharma.
Financial Analyst,New Delhi.

Quickbooks training Batch scheduled from 27th of April 2009 to 1st May 2009- In-progress

Cosmic announces launch of 5 days Quickbooks training programme with certification assistance costing Rs.24900.00 (Inclusive of all taxes)starting from 27th of April 2009 to 1st of May 2009

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances

Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills

Attend the Quickbooks pro -2009 training and get certified as Certified Quickbooks user from Intuit Academy.

Wish to know more check the link

Contact Santhosh kumar. K
santhoshcom@cosmictechnologies.biz

or apply online with a draft of Rs.24,900.00

US Taxation training in India

Day 1 Overview of Form 1040
Filing status
Sch B- Interest and  Dividends
Sch C- Business Income

Day 2 Sch E- Rental Income
Sch D- Capital Gains


Day 3 Depreciation. Sale of Home.
Sch A - Itemized deduction.

Day 4 Credits
Exemptions, Estimates and Extensions
Working on Simulations

Training schedule - 5 days

Lesson 1: Getting Started
Topic 1A: Starting QuickBooks
Topic 1B: Identifying Components of the QuickBooks Operating Environment
Topic 1C: Opening QuickBooks Centers
Topic 1D: Opening Other QuickBooks Windows
Topic 1E: Identifying Common Business Terms
Topic 1F: Setting Up QuickBooks in Multi-User Mode
Topic 1G: Exiting QuickBooks

Lesson 2: Setting Up a Company
Topic 2A: Creating a QuickBooks Company
Topic 2B: Using the Chart of Accounts
Topic 2C: Entering Account Opening Balances
Lesson 3: Working with Lists
Topic 3A: Creating Company Lists
Topic 3B: Working with the Customers & Jobs List
Topic 3C: Working with the Employees List
Topic 3D: Working with the Vendors List
Topic 3E: Adding Customized Fields
Topic 3F: Managing Lists

Lesson 4: Invoicing for Services
Topic 4A: Setting Up a Service Item
Topic 4B: Changing the Invoice Format
Topic 4C: Creating a Service Invoice
Topic 4D: Entering Statement Charges
Topic 4E: Creating Billing Statements

Lesson 5: Processing Payments
Topic 5A: Receiving Payments for Invoices
Topic 5B: Making Deposits
Topic 5C: Printing Statements

Lesson 6: Working with Bank Accounts
Topic 6A: Writing a QuickBooks Check
Topic 6B: Using Bank Account Registers
Topic 6C: Entering a Handwritten Check
Topic 6D: Transferring Funds Between Accounts
Topic 6E: Reconciling Checking Accounts

Lesson 7: Entering and Paying Bills
Topic 7A: Handling Expenses
Topic 7B: Using QuickBooks for Accounts Payable
Topic 7C: Entering Bills
Topic 7D: Paying Bills