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QuickBooks Practice Set: QuickBooks Experience using Realistic Transactions for Accounting, Bookkeeping, CPAs, ProAdvisors, Small Business
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If you want more experience and confidence using QuickBooks, then the QuickBooks Practice Set is perfect for you. Whether you are an accountant, CPA, bookkeeper, small business owner or other QuickBooks user, you can get experience and confidence using QuickBooks with this realistic practice set.
Using the QuickBooks Practice Set, you will set up a new company and enter transactions for three months of activity. Transactions you will enter include:
- Invoices
- Sales Receipts
- Receive Payments
- Deposits
- Enter and Pay Bills
- Write Checks
- Credit Card Charges
- Sales Tax Payments
- Purchase Orders
- Inventory Adjustments
- Credit Memos
Each month, you will reconcile the bank and credit card accounts and create reports to check your progress.
The QuickBooks Practice Set does NOT teach you how to use QuickBooks but it provides you with more practice using QuickBooks. Also, it does NOT teach the principles of accounting or bookkeeping although there are reports to check to see if you posted (or coded) things to the right accounts.
The QuickBooks Practice Set is designed to be used with a windows version (any year) of QuickBooks - QuickBooks Pro, Premier, Accountant or Enterprise (but not Simple Start). It could be used with QuickBooks for Mac or QuickBooks Online however not all features or reports may be available in those versions of QuickBooks.
- Sales Rank: #418485 in Books
- Published on: 2013-04-26
- Original language: English
- Number of items: 1
- Dimensions: 11.00" h x .25" w x 8.50" l, .59 pounds
- Binding: Paperback
- 110 pages
From the Author
Michelle L. Long, CPA, MBA is the founder of Long for Success, LLC specializing in QuickBooks services and helping small business owners (including accounting professionals) start and grow their business.
Michelle was named one of 10 Women who Inspire a Profession by Accounting Today, a Small Business Influencer Awards - Community Choice Winner by Small Business Trends, and a Financial Services Champion of the Year by the Small Business Administration in recognition of her dedication to helping entrepreneurs and small business owners.
As one of the elite national trainers for Intuit, Michelle has presented numerous seminars and webinars and courses for Intuit Academy. She has presented webinars for Staples and Office Depot and spoke at conferences nationwide. She has been quoted or mentioned in the New York Times, Inc.com, Business Week, Investor's Business Daily, WebCPA, Accounting Today and more.
Michelle is the author of the books Successful QuickBooks Consulting: The Comprehensive Guide to Starting and Growing a QuickBooks Consulting Business and How to Start a Home-Based Bookkeeping Business and numerous courses for Intuit Academy.
Since 2000, Michelle has helped tens of thousands of QuickBooks users and accounting professionals learn about QuickBooks in seminars, webinars and conferences nationwide and recorded QuickBooks courses sold on DVD, online video or an iPad app.
Michelle is a CPA, Advanced Certified QuickBooks ProAdvisor, Certified Xero Advisor, holds an MBA in Entrepreneurship and is a Certified FastTrac Facilitator. Her blog was named 10 Accounting Blogs Worth Watching by Accounting Today. Her Linkedin Group (Successful QuickBooks Consultants) has nearly 30,000 members and is a great resource and networking opportunity for accounting professionals.
Andrew S. Long will graduate with a MS in Accountancy from the University of Missouri - Columbia in December 2013. Andrew has made the Dean's List every semester and he has earned numerous scholarships for his academic achievements. Andrew was selected as a member of the prestigious Cornell Leadership Program. He was a member of the Flegel Academy of Aspiring Entrepreneurs and a member of Beta Alpha Psi.
Andrew earned an International Baccalaureate (IB) Diploma and achieved the elite rank of Eagle Scout as well. He likes water and snow skiing and enjoying the outdoors.
About the Author
Michelle L. Long, CPA, MBA is the founder of Long for Success, LLC specializing in QuickBooks consulting and training for accounting professionals and small business owners. She is co-host of the very popular QB Power Hour webinar series (free – http://QBPowerHour.com and the award winning Ultimate Accounting vCon (http://accountingvcon.com). As an international trainer for Intuit, Michelle has presented hundreds of seminars (and webinars) in cities across the US, Canada, Australia and London, England. In addition, she is a popular speaker at various conferences and has presented webinars for Staples and Office Depot. She has been quoted or mentioned in the New York Times, Inc.com, Business Week, Investor’s Business Daily, WebCPA, Accounting Today and more. Michelle is the author of Quickbooks Practice Set, QuickBooks 2014: On Demand, How to Start a Home-Based Bookkeeping Business and Successful QuickBooks Consulting – all available on Amazon. Plus, she’s the author of numerous courses for Intuit Academy and co-author of the Advanced Certifications for QuickBooks Online and QuickBooks desktop. Michelle is one of the Most Powerful Women in Public Accounting, a Top 10 ProAdvisor (recognized for Social Media), one of 10 Women who Inspire a Profession, a Small Business Influencer, and a Financial Services Champion of the Year by the Small Business Administration in recognition of her dedication to helping entrepreneurs and small business owners. Michelle is a CPA, Advanced Certified QuickBooks ProAdvisor (both QuickBooks Online and desktop), holds an MBA in Entrepreneurship and is a Certified FastTrac Facilitator. Her blog was named one of 10 Accounting Blogs Worth Watching. Her Linkedin Group (Successful QuickBooks Online Consultants) has nearly 150,000 members and is a great resource and networking opportunity for accounting professionals. Andrew S. Long, CPA graduated with a MS in Accountancy from the University of Missouri in December 2013. Andrew graduated magna cum laude and he earned numerous scholarships for his academic achievements. Andrew was selected as a member of the prestigious Cornell Leadership Program. He was a member of the Flegel Academy of Aspiring Entrepreneurs and a member of Beta Alpha Psi. Andrew is a staff accountant for JES Holdings, a residential real estate company in Columbia, Missouri specializing in low-income housing tax credit properties. He likes water and snow skiing and enjoying the outdoors.
Most helpful customer reviews
18 of 18 people found the following review helpful.
Intimidating book - but just at first
By Loren
In spite of having no education in bookkeeping, I was chosen to be the treasurer for our start-up company. I studied some bookkeeping books and when I started with QuickBooks I realized that there was virtually no relationship between manual bookkeeping and QuickBooks. I didn’t know where to begin.
Since “QuickBooks Practice Set” was the last book I had on hand I picked it up. When I first opened this book I was intimidated.
I am used to computer how-to books that lead me, step by step, through every process. This book doesn’t do that. Since I didn’t know the first thing about how to do anything in QuickBooks I immediately thought I was in trouble. As it turns out, I wasn’t in as much trouble as I thought.
While I also occasionally referred to “QuickBooks 2013 - The Missing Manual” (here: ) I plugged away with this practice set. I think I had to start over with a new company about three or four times. That was easier than trying to delete the several transactions I had messed up. But I was learning a lot while I worked.
This book is set up to have you enter data for three months, beginning with January. After you enter the data for each month the book presents the reports you should be able to generate with the data shown correctly. You can carefully check your work against the “answer reports” and figure out what mistakes you made. (That’s about when I would erase the company and start over.)
By the time I got through February I was actually beginning to think I could do this on my own.
This books is daunting for someone like me who has no idea where to begin with QuickBooks, but if you persevere you will learn more from doing these practice exercises than you will from a book that leads you step-by-step. You will learn not only the correct way to do what you want, but you will also learn to think for yourself to determine how to do something that isn’t covered in this book.
I very much recommend “QuickBooks 2013 - The Missing Manual” as a companion to this book, but by itself “QuickBooks 2013 - The Missing Manual” isn’t as good a learning tool. It’s a reference book.
A QuickBooks coach would be a nice help, but If you want to jump into learning QuickBooks, even on your own, this book will really get you going.
Highly recommended.
– Loren
7 of 7 people found the following review helpful.
SO Helpful!
By Jennifer Mitchell
I never write reviews for anything, but I felt compelled to write one this time. I am in the process of setting up my bookkeeping business and getting Quickbooks certified. This practice set was SO HELPFUL in getting the practice I needed to implement things I learned during the ProAdvisor program. In the past, I've worked on really large ERP systems, so this was a great resource for me to get comfortable with Quickbooks.
2 of 2 people found the following review helpful.
The title says it all!
By Jo
This book walks you through setting up a new company, modifying a chart of accounts, setting up items, customers and vendors. After the file is set up you then proceed to enter monthly transactions. The screen shots show you what your file will look like after entering the transactions.
You will need a basic understanding of QuickBooks. Watching a webinar or reading a book may give you some knowledge of QuickBooks but the best way to learn it is to use it. And that's what you will do with this Practice Set , you will practice using QuickBooks. And that will increase your confidence whether you are looking for a job or looking for clients.
I receive lots of emails asking me how someone can learn QuickBooks. Along with other suggestions I now recommend this book.
See all 38 customer reviews...
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