Install Office Accounting.

Set up a new company in Office Accounting with customers, vendors, items, employees and financial accounts.

Use financial tools such as journal entries and the account register.

Conduct customer-related transactions, such as quotes, invoices and payments.

Conduct vendor-related transactions, such as bills and bill payments.

Conduct banking-related transactions, such as checks, deposits and bank transfers.

Set up online banking.

Set up online integration with eBay.

Use the tools for accounting professionals.

Set up integration with Outlook 2007 with Business Contact manager.

Create and customize invoices in Word.

Customize reports and export them to Excel.

Set up sales taxes in Office Accounting.

Use and manage jobs in Office Accounting Professional.

Use foreign currency in Office Accounting Professional.

Basic knowledge of accounting.

Basic knowledge of using Microsoft Windows XP or Windows Vista.

Basic working knowledge of Microsoft Office Word and Excel.

Small Business Challenges.

Microsoft Office Accounting 2007.

Save Time and Work More Efficiently.

Get a Complete View of Your Business.

Have an overview of Office Accounting 2007.

Understand which features are new in Office Accounting 2007.

Step-by-step Installation.

Upgrading from Office Accounting Express to Office Accounting Professional.

Upgrading from Small Business Accounting 2006 to Office Accounting Professional 2007.

System Requirements.

Install Microsoft Office Accounting 2007

Upgrade from Microsoft Office Accounting Express to Office Accounting Professional

Upgrade the company database from Microsoft Office Small Business Accounting 2006 to Microsoft Office Accounting Professional 2007

Company Setup Wizard in Office Accounting Express.

Company Setup Wizard in Office Accounting Professional.

Optional Sections of the Company Setup Wizard.

Updates to Office Accounting 2007.

Using the Office Accounting Express company setup wizard.

Using the Office Accounting Professional company setup wizard.

Using the optional sections of the company setup wizard.

Set up a new company in Office Accounting.

Understand the difference between the setup in Office Accounting Express and Office Accounting Professional.

Importing Data from QuickBooks.

Importing Data from Microsoft Money.

Use the QuickBooks import wizard to import transactional data from QuickBooks.

Use the QuickBooks import wizard to import master records from QuickBooks.

Use the Money import wizard to import data from Microsoft Money.

What is accounting?

Accrual and Cash basis accounting.

Accounts and Documents.

Financial Accounts.

The Chart of Accounts.

The Account Register.

Journal Entries.

Company Lists.

Company Information.

Company Preferences.

Fiscal years.

Using the chart of accounts and the account register.

Creating a journal entry.

Viewing company preferences.

Navigate the company area of Office Accounting.

Use the chart of accounts and the account register.

Create journal entries.

The Customer Area.

The Sales Flow.

The Customer Form.

Customer Documents.

Customer Lists.

How Do I…?

Creating a new customer.

Creating a quote.

Converting the quote to an invoice.

Receiving payment.

Customer history.

Understand the sales flow.

Create a new customer.

Create a quote, sales order, invoice, and cash sale.

Receive a customer payment.

Understand how customer history is preserved.

The Vendor Area.

The Purchase Flow.

The Vendor Form.

Vendor Documents.

Vendor Lists.

Understanding the purchase flow.

Creating a new Vendor.

Creating a purchase order.

Receiving items and creating a bill.

Paying bills.

Vendor history.

Navigate the vendor area in Office Accounting.

Understand the purchase flow.

Create purchase orders, item receipts, bills and cash purchases.

Pay bills and issue payments.

Understand how the vendor history is preserved.

Item Types.

Item Pricing.

Managing Inventory.

Inventory Valuation.

Understand the difference between item types.

Use item pricing effectively.

Manage inventory.

Understand the FIFO model for inventory valuation.

The Banking Area.

Banking Flow.

Banking Documents.

Online Banking.

Bank Account Reconciliation.

Making a deposit.

Writing checks.

Reconciling a bank account.

Navigate the banking area.

Understand how the banking flow works.

Make deposits and write checks.

Understand the benefits of online banking and the differences between the two methods of online banking.

Reconcile bank accounts.

The Employee Area.

The Time and Payroll Flow.

The Employee Form.

Employee Documents.

Payroll.

Navigate the employee area.

Understand the employee flow.

Create new employees.

Create time sheets, time entries and employee reimbursements.

Understand the benefits of small business payroll.

Setting Up your Business.

Listing Items to a Marketplace.

Manage Online Sales.

Downloading Orders and Fees.

Listing an item on eBay

Viewing the eBay listing

Creating a PayPal invoice

Set up his or her business to sell on eBay.

List items on eBay.

Manage eBay listings.

Download auctions.

Issue invoices with PayPal link.

Download PayPal payments.

Reporting Framework.

Reports in Office Accounting.

Customizing Reports.

Using the reporting framework.

Exporting reports to Excel.

Customizing and saving reports.

Use the reporting framework to run reports.

Export reports to Excel.

Customize reports.

Save custom reports for later use.

Outlook with Business Contact Manager.

Word Integration.

Excel Integration.

Setting up Business Contact Manager integration.

Using Business Contact Manager integration.

Printing invoices in Word.

Emailing Word invoices.

Writing letters to customers.

Exporting lists to Excel.

Changing the company logo on invoices

Adding fields to invoices

Set up integration with Business Contact Manager.

Create quotes, sales orders and invoices from Business Contact Manager.

Create time entries from Outlook appointments.

Submit billable tasks and appointments.

Run reports from Business Contact Manager.

Print Word quotes, sales orders, invoices and purchase orders.

Email word documents.

Write letters to customers, vendors and employees.

Customize quotes and invoices in Word.

Export lists and reports to Excel.

Accountant Transfer Tool.

Accountant View.

Setting up online collaboration.

Other tools for accountants.

Sending the books to your accountant.

Creating invoices with restrictions.

Cancelling the transfer.

Use the accountant transfer tool to send and receive their financial data from their accountant.

Use Office Accounting when the accountant transfer exists.

Cancel a transfer.

Use the accountant view

Understand the benefits of MPAN.

Setting up Sales Tax.

Collecting Sales Taxes.

Filing and Paying Sales Taxes.

Setting up sales taxes

Collecting taxes

Cash and accrual tax filing

Set up tax agencies, tax codes, tax groups, items tax codes and tax lines.

Collect sales taxes on customer transactions.

Understand cash and accrual sales tax filing.

Pay sales taxes.

Enabling jobs.

The Job form.

The job list.

Job quotes.

Tracking job costs.

Job invoices.

Job reports.

Job profitability.

Enable the job feature in Office Accounting Professional.

Create jobs.

Use the job list.

Create fixed fee and time and materials quotes for jobs.

Invoice jobs.

Progress invoice job quotes.

Record items, expenses and time used on jobs.

Understand job profitability.

Run job reports.

Adding custom fields.

Customizing form layout.

Printing custom fields.

Customizing the customer form.

Changing the customer form layout.

Adding customer fields to the invoice.

Add custom fields to forms.

Customize form layout.

Add customer fields from master records to documents.

Customize lists.

Print custom fields

Enabling Foreign Currency.

Working with Foreign Currency.

Foreign Currency Postings.

Currency Adjustment - Unrealized Currency Gain or Loss.

Enable foreign currency.

Create new currencies.

Create foreign currency customers, vendors and bank accounts.

Change the exchange rate.

Create transactions in foreign currency.

Understand foreign currency accounting.

Create currency adjustments.