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September 30, 2024
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Recommended experience
Beginner level
Understanding of simple accounting terminology is recommended. To complete this course you must first complete, 'Getting Started with ProfitBooks'.
Recommended experience
Beginner level
Understanding of simple accounting terminology is recommended. To complete this course you must first complete, 'Getting Started with ProfitBooks'.
Learn how to use the functions of the Expenses tab in ProfitBooks to manage your small business expenses and streamline your company's bookkeeping.
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Only available on desktop
ProfitBooks is an online accounting and payroll management software for small businesses. It allows users to organize offices finances and track all activities related to their business. This free online tool allows you to manage your money without accounting knowledge, grow sales with powerful invoicing tools, track inventory with ease, and run your business with total confidence.
This project will take a deeper look into the Expenses tab in Profitbooks. We will explore the functions and features Profitbooks has to offer small business owners for managing their business expenses. In this project we will create a purchase order, record an expense for a project we add to the system, record a purchase, create a payment voucher and add a vendor into the system. ProfitBooks hosts your information on the secure and widely-trusted Amazon Web Services (AWS). The company has also implemented additional security features like secure-access, built-in firewalls, encrypted data storage and periodic back-ups to keep your data safe. You can read more about their security policy here: https://www.profitbooks.net/cloud-data-security/
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Add a new vendor to the system.
Create a project and record an expense towards the project cost.
Issue a purchase order.
Make a payment.
Record a purchase.
Understanding of simple accounting terminology is recommended. To complete this course you must first complete, 'Getting Started with ProfitBooks'.
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Available only on desktop
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Technical University of Munich (TUM)
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Technical University of Munich (TUM)
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