QuickBooks 1
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
Section I: Administrative Information
  Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Winter 2022
Prerequisites: N/A
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Accounting and Finance Profess, Small Business Bookkeeping, Tax Accounting
Program Coordinator(s): Ruxandra Dunn
Course Leader or Contact: N/A
Version: 20220110_00
Status: Approved (APPR)

Section I Notes: This is a course offered through OntarioLearn. Access to the course materials will be through and you will be sent an email with your login details.

Section II: Course Details

Detailed Description
Learn how the QuickBooks program can easily set up a chart of accounts; reconcile your chequing account; create and print invoices, receipts and statements; track your payables, receivables and inventory; create estimates and generate reports; set up Payroll, edit employee data, and process payroll and government data. QuickBooks is designed for the small to mid-sized business owner. A student version of the software comes with the textbook as a free download.

Program Context

Accounting and Finance Profess Program Coordinator(s): N/A
This is a required course for both the Tax Accounting and Small Business Bookkeeping Certificates.

Small Business Bookkeeping Program Coordinator(s): Ruxandra Dunn
This is a compulsory course in the Small Business Bookkeeping program.

Tax Accounting Program Coordinator(s): Ruxandra Dunn
This is a compulsory course in the Tax Accounting program.

Course Critical Performance and Learning Outcomes

  Critical Performance:
By the end of this course, students will have demonstrated the course learning outcomes
Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

  1. Acquire basic knowledge required to manage the course technology.
  2. Acquire basic computer skills required to utilize an accounting software package designed for small business, QuickBooks.
  3. Understand basic bookkeeping principles and procedures and put them into practice using QuickBooks software.
  4. Setup inventory items using the appropriate forms in QuickBooks software.
  5. Enter businesses cash transactions using the appropriate form in QuickBooks.
  6. Record various credit transactions for purchases and sales using the appropriate forms in QuickBooks.
  7. Remit payments to vendors on account and process discounts as applicable.
  8. Receive payments on account from customers and process customer discounts using the proper form in QuickBooks.
  9. Record Employee payroll transactions.
  10. Remit Government/Payroll requirements.
  11. Prepare accounting reports for analysis, including, General Ledger, Trial Balance, Balance Sheet, Income Statement, Vendor Aged Payables and Customer Aged Receivables using QuickBooks software.
  12. Create accurate and timely financial documentation for use in business analysis utilizing QuickBooks financial accounting software.

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: ONLINE

Evaluation Plan: IN-CLASS
 Quizzes (2)40.0%
 Student Profile5.0%

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:


Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

  • Other
    Notes:  The online course section is delivered through OntarioLearn at and is hosted by (Durham College) DU-ACCT1283.

Section III: Topical Outline
Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Print Instruction Mode Professor Applicable Student Group(s)
In-Class Multiple Professors All
Online Multiple Professors All

Sheridan Policies

All Sheridan policies can be viewed on the Sheridan policy website.

Academic Integrity: The principle of academic integrity requires that all work submitted for evaluation and course credit be the original, unassisted work of the student. Cheating or plagiarism including borrowing, copying, purchasing or collaborating on work, except for group projects arranged and approved by the professor, or otherwise submitting work that is not the student's own, violates this principle and will not be tolerated. Students who have any questions regarding whether or not specific circumstances involve a breach of academic integrity are advised to review the Academic Integrity Policy and procedure and/or discuss them with the professor.

Copyright: A majority of the course lectures and materials provided in class and posted in SLATE are protected by copyright. Use of these materials must comply with the Acceptable Use Policy, Use of Copyright Protected Work Policy and Student Code of Conduct. Students may use, copy and share these materials for learning and/or research purposes provided that the use complies with fair dealing or an exception in the Copyright Act. Permission from the rights holder would be necessary otherwise. Please note that it is prohibited to reproduce and/or post a work that is not your own on third-party commercial websites including but not limited to Course Hero or OneNote. It is also prohibited to reproduce and/or post a work that is not your own or your own work with the intent to assist others in cheating on third-party commercial websites including but not limited to Course Hero or OneNote.

Intellectual Property: Sheridan's Intellectual Property Policy generally applies such that students own their own work. Please be advised that students working with external research and/or industry collaborators may be asked to sign agreements that waive or modify their IP rights. Please refer to Sheridan's IP Policy and Procedure.

Respectful Behaviour: Sheridan is committed to provide a learning environment that supports academic achievement by respecting the dignity, self-esteem and fair treatment of every person engaged in the learning process. Behaviour which is inconsistent with this principle will not be tolerated. Details of Sheridan's policy on Harassment and Discrimination, Academic Integrity and other academic policies are available on the Sheridan policy website.

Accessible Learning: Accessible Learning coordinates academic accommodations for students with disabilities. For more information or to register, please see the Accessible Learning website (Statement added September 2016)

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Any changes to course curriculum and/or assessment shall adhere to approved Sheridan protocol. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

[ Printable Version ]

Copyright © Sheridan College. All rights reserved.