Online Bookkeeping and Payroll Management Training

Become an Expert Bookkeeper

Bookkeeping forms the backbone of every organization's payroll efforts. Payroll processing is among the most technical and precise operations in any business or organization. This 100% online course will teach you the best practices for managing bookkeeping and payroll operations. Key topics include payroll functions, using QuickBooks Online for basic accounting and more.

 

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Job Outlook for Bookkeepers and Payroll Managers

According to employment experts at Robert Half, payroll administrators earn on average $40,250 per year. Payroll managers' and supervisors' pay often exceeds $75,000 per year.

As part of the growing human resource (HR) domain, payroll managers are expected to participate in 7% job growth for the HR field, according to the US Bureau of Labor Statistics (BLS).

CareerBuilder.com cites bookkeeping skills as highly transferable to financial supervisory, analysis or managerial roles. The site calls bookkeeper an "ideal choice" for those who are motivated to keep organizations on track with regard to their finances.

 

Frequently Asked Questions

Payroll processors make sure employees are paid on time and at the correct rate. They arrange to withhold and process payroll-related taxes and other expenses such as insurance or retirement savings. And they resolve pay issues and inquiries. Payroll managers keep an organization in compliance with federal, state and local tax regulations and ensure that all payroll reporting is timely and accurate.

Bookkeepers serve on the front lines of a person, company or organization's financial health. Payroll is a key aspect of an organization’s finances, so bookkeepers are often tasked with handling both. Strong bookkeepers set up, deploy and manage systems that record the flow of funds into (revenue) and out of (payroll and expenses) an entity's accounts. 

QuickBooks® has replaced the manual entry functions of traditional bookkeeping. However, the organization, reporting and use of financial data still rely heavily on human input and processing. Knowing how to automate your bookkeeping practice with QuickBooks is an important aspect to staying competitive in today’s job market.

Course Objectives

  • Set up a company file in QuickBooks Online.
  • Perform fundamental analysis of accounts, financial documents, and reports.
  • Apply basic accounting principles to bookkeeping practices and duties.
  • Understand fundamental accounting concepts, including how QuickBooks works to support these concepts.
  • Explain the use of the forms required to withhold, deposit, and report federal income taxes.
  • Recognize dates, procedures, and regulations to ensure payroll compliance and reporting.
  • Correctly process payroll from start to finish (payroll project).
  • Be prepared to pass both the FPC and QBCU exams.

 

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Prerequisites and Requirements

There are no specific prerequisites for taking this course.

 

Curriculum

  1. Professional Bookkeeping with QuickBooks Online
    1. Introduction to Bookkeeping
    2. Accounting Basics
    3. Getting Started With QuickBooks Online
    4. The Chart of Accounts
    5. Centers and Lists
    6. Bank Accounts
    7. Recording Expenses and Paying Bills
    8. Credit Cards and Loans
    9. Sales Receipts
    10. Invoices, Estimates, and Customizing Sales Forms
    11. Billable Expenses and Customer Credits
    12. Sales Taxes and Reports
    13. Midterm Exam
    14. Product and Service Items
    15. Managing Inventory
    16. Managing Projects and Sales
    17. Progress Invoicing, Late Fees, and Bad Debts
    18. Payroll
    19. Fixed Assets and Loans
    20. Business Entities and Owner Transactions
    21. Banking Rules, Receipts, and Budgets
    22. Adjusting and Reviewing the Books
    23. Starting a Bookkeeping Business
    24. Your Career Roadmap: The Job Search and Future Opportunities (Optional Lesson)
    25. Communication and Organization (Optional Lesson)
    26. Final Exam
  2. Payroll Practice and Management
    1. Introduction to Payroll
    2. Determining Worker Status
    3. The Fair Labor Standards Act (FLSA)
    4. Federal Employment Taxes
    5. Payroll Forms
    6. Fringe Benefits – Tax-Preferred and Other Related Health Benefits
    7. Fringe Benefits – Deferred Comp, Retirement Plans, and Stock Options
    8. Other Employee Benefits
    9. Calculating Gross Wages
    10. Calculating Gross Pay – Additional Topics
    11. Paycheck Calculation – Taxes
    12. Paycheck Calculation – Voluntary and Involuntary Deductions
    13. Gross to Net Paycheck Calculation
    14. Compliance – Laws and Reporting
    15. Global Payroll
    16. Payroll Process and Systems, and Audits
    17. Paying the Employee
    18. Payroll Administration and Management
    19. Basic Accounting
    20. Exploring Payroll Careers
    21. Exam Preparation
    22. Payroll Project

 

Instructors

Wade Lindenberger is a CPA with over 20 years of financial accounting and management experience in public accounting and private industry. He is currently Director of Finance and Administration for New Children's Museum. Before his current position, he worked as the National Finance and Accounting Service Line Leader for Premier Alliance Group, a national professional services firm. Wade was also Director of the Finance and Accounting service line for the San Diego office of a global, publicly held professional services firm. Before becoming a consultant, Wade was Divisional Controller for one of the leading health and fitness club chains in the world. He has also been Internal Audit Manager and Divisional Controller for a division of a Fortune 500 global energy project management company. He began his career with Coopers & Lybrand, predecessor to PricewaterhouseCoopers, one of the "Big Four" CPA firms. He has previously served as an instructor for courses at Coopers & Lybrand and at the University of California at San Diego for the Extension Course and is currently an adjunct professor at the University of San Diego School of Business. He is a member of the American Institute of Certified Bookkeepers' Advisory Board.

Helene K. Liatsos is business advisor and QuickBooks Certified Advisor with more than 25 years of experience. She consults for a range of companies, from travel agencies to startups. Her company Home Office Management Experts was awarded the 2004 Home-Based Business of the Year by the U.S. Small Business Administration. Helene holds a Bachelor of Arts from Fairleigh Dickinson University.
Katrina McBride's career reflects extensive experience in organizational leadership, marketing strategies, and market development in multinational corporate environments. Her leadership abilities have been utilized to develop new programs and functional areas. In director-level positions for Nortel Networks, she led strategy for competitive intelligence, emerging markets, and lead generation. McBride holds an M.A. in organizational management and a B.S. in psychology.

 

Registration and Enrollment

This course is open enrollment and 100% online. You can enroll and begin at any time.

 

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