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Courses/Accounting & Tax/Accounting

QuickBooks Online Rapid Training

Master essential accounting operations and financial reporting without a subscription

Created byEric Knight
BeginnerUpdated Oct 16, 2026
QuickBooks Online Rapid Training

What You'll Learn

check_circleApply manual accounting procedures to manage business sales and expenses
check_circleConfigure the chart of accounts and manage opening balances
check_circleExecute journal entries for payroll, depreciation, and equity adjustments
check_circleAnalyze financial statements including profit and loss and balance sheets
check_circleReconcile bank accounts and manage sales tax liabilities

About This Course

This course provides a comprehensive guide to using QuickBooks Online for small business accounting and bookkeeping. It covers the full spectrum of business operations, including setting up the chart of accounts, managing sales and expenses, processing payroll manually, and handling fixed assets and loans. The curriculum emphasizes practical application through the use of the QuickBooks Online sample company, allowing users to perform real-world accounting tasks without needing a paid subscription. Additionally, the course explores critical accounting concepts such as cash versus accrual basis, bank reconciliations, and sales tax management to ensure accurate financial reporting.

Topics Covered:

  • Chart of accounts configuration
  • Sales receipts and customer invoicing
  • Vendor management and purchase orders
  • Manual payroll and tax expense processing
  • Fixed asset and depreciation accounting
  • Owner's equity and loan management
  • Cash versus accrual accounting methods
  • Bank reconciliation and sales tax compliance

Your Instructor

Eric Knight
Eric Knight
menu_book12 courses

Dr. Eric Knight is a Certified Public Accountant (CPA) with a career that bridges professional accounting and academia. He earned a B.S. in Accounting from Louisiana State University, an M.S. in Accounting from the University of North Texas, and a Doctor of Business Administration (D.B.A.) from Baker College, where his research focused on student perceptions of accounting education. With more than 25 years of combined professional and academic experience, he brings both practical expertise and scholarly perspective to my work. My professional career includes roles as a tax accountant and positions in corporate finance, where he specialized in financial analysis, reporting, and compliance. He also managed budgets, contracts, and fiscal operations across multiple departments in higher education. Dr. Knight was invited to speak at the 2025 Fall Continuing Professional Development Conference for CPA New Brunswick. Since 2008, he has dedicated himself to teaching and mentoring future professionals. Dr. Knight teaches courses in financial accounting, managerial accounting, and taxation, with a focus on clarity, engagement, and real-world application. His goal is to bridge the gap between theory and practice, equipping students with the knowledge and confidence to succeed in today’s dynamic business environment. Dr. Eric Knight’s areas of expertise include Managerial Accounting and Financial Statement Analysis, with research examining the challenges business majors face in accounting courses.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

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Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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