We told you during our October QB Talks that a new QBO certification exam, along with new training to prepare ProAdvisors for that exam, was coming during November (2020) and if you were currently (at the time of our webinar) in the process of taking the QBO certification exam and/or self-paced training to prepare for the exam (at that time), you had to complete your progress by early November since no progress from that training or exam would be migrated to the new training or examination.
Now, the new QBO certification exam and related training is available within the QuickBooks Online-Accountant ProAdvisor Training Tab.
The new improved scenario based training is designed to instruct ProAdvisors in the most-used and key features they need to support their clients through the end-to-end accounting life-cycle. The 8-module training course will also prepare ProAdvisors to take the QuickBooks Online Certification exam with confidence.
The QuickBooks Online Certification Course consists of the following modules:
Module 1 - QuickBooks Online Solutions for Clients
This module opens the door to understanding your clients needs in order to best advise them on which QuickBooks Online subscription will suit their requirements. The module will prepare you to effectively set up a QuickBooks Online account and discuss billing options and
additional features, like apps, with your clients.
- Welcome
- Understanding client needs
- QuickBooks Online Subscriptions
- Billing options
- Skills Refresher: Creating a QuickBooks Online company
- The Client Overview
- The QuickBooks Online ecosystem
Module 2 - Client On-boarding
This module looks at the key stages for on-boarding clients to QuickBooks Online. Refresh your knowledge of the Chart of Accounts and the Products and Services list. Learn how to update the Chart of Accounts, add a preferred vendor, set up customer and vendor lists and create bank feeds.
- On-boarding workflow
- Skills Refresher: Chart of Accounts and Products & Services
- Chart of Accounts
- Products & Services
- Adding Customers
- Adding vendors
- Setting up bank feeds
Module 3 - Special Client On-boarding Tasks
This module explores additional on-boarding tasks you can undertake in order to optimize your client’s QuickBooks Online. Learn how to manage apps on behalf of your client, perform a basic sales tax set up, customize payment settings, sales forms and assign different access levels for their team.
- Basic sales tax setup
- Setting up payments
- How to add apps for your clients
- Additional setup tasks
- Customizing Sales Forms
- Managing client access
Module 4 - Managing Your Clients and Work
This module looks at the key management tasks you can undertake for your clients in QuickBooks Online and how to get the best from the client dashboard. Learn how to manage client subscriptions, assign levels of access to your team and use the Work functionality to
increase organization and efficiency for your team and your clients.
- Managing the Client List
- Managing subscriptions
- Managing your team
- Managing your work
- Client requests
Module 5 - Supporting Your Small Business Clients
This module explores the ways in which you can support your small business clients and will refresh your knowledge of best practice workflows. Learn how to utilize the features of Undeposited Funds, Estimates, Purchase Orders, Vendor Credits, Credit Memos and Customer Statements. As well as diving deeper into best practice workflows, you will also discover how to make the best of Deposit Transactions, Online Payments, Journal Entries and Transfers.
- Skills Refresher: Customer and Vendor Workflows
- Undeposited Funds
- Best-practice Workflows
- Estimates and Purchase Orders
- Credit Memos and Customer Statements
- Vendor Credits
- Deposit transactions
- QuickBooks Payments
- Journal Entries
- Pay down a Credit Card
- Transfers
Module 6 - Banking and Tools
This module looks at using Bank Feeds, matching transactions and reconciling the bank. Learn how to register for receipt forwarding, add and match receipts, exclude a bank transaction and create a simple bank rule. You will also learn how to utilize the reconciliation tools and how to use recurring transactions.
- Skills Refresher: Using bank feeds
- Skills Refresher: Best-practice bank feed workflows
- Managing Receipts and Bills
- Excluding Bank Transactions
- Creating Bank Rules
- Reconciling Bank Accounts
- Recurring Transactions
Module 7 - Reporting and Analytics
This module seeks to refresh your skills on basic reporting and introduce you to the value of reports for your clients. You will also learn how to create reports that will answer your client’s common business questions.
- Skills Refresher: Basic Reports
- The Value of Reports
- Creating reports to answer common business questions
Module 8 - Closing the Accounting Cycle
This module looks at preparing your client’s books for year or period end. Learn how to spot when you may need- and how to reclassify transactions, discover how to prepare for taxes and when all is ready, close the books.
- Month-end Review
- Reclassify Transactions
- Write-off Invoices
- Key Tasks for Year-end
- Closing the Books
- Next Steps
Each module has a module review as well as an optional CPE assessments that's required for CPE credits. The total hours for the training are estimated as 12.5, with 9.5 CPE credits available upon successful completion.
The New QBO ProAdvisor Certification Examination is also available at the same training website within the QuickBooks Online-Accountant ProAdvisor Training Tab (adjacent to the training course).