November 27-29, 2001

Description:

Participants in these three-day workshops will learn how to organize and maintain QuickBooks financial records for their greenhouse/nursery businesses and how to use such records to produce critical information for management decision-making. Examples and take-home materials specifically designed for the greenhouse/nursery business are used. The workshop is taught at the introductory level.

Instructors are Gordon Groover and Jim Pease, Agribusiness Management Specialists with Virginia Cooperative Extension. Computers, software, and materials for the training are provided. Workshops begin at 9AM and end at 4PM each day. Registration is limited to 17 participants per workshop. Workshop requires a minimum of 10 participants.

For more information, call:
Gordon Groover, (540) 231-5850; xgrover@vt.edu
Jim Pease, (540) 231-4178; peasej@vt.edu
Joyce Latimer, (540) 231-7906; jlatime@vt.edu

Workshop Outline

Setting up your company in QuickBooks

• Information needed to set up QuickBooks
• Setting up QuickBooks for Nursery & Greenhouse Businesses
• Setting up accounts, vendors, customers, sale items

Customer sales

• Job estimates, invoices, cash or credit sales
• Statements, payment terms, finance charges, and credit accounts
• Payments received and bank deposits

Paying bills

• Purchasing inputs by check or on account
• Writing checks and paying bills

Payroll

• Entering timesheets, calculating payroll, writing paychecks
• Payroll liabilities and withholding

Keeping your checkbook

• Entering checks, deposits, withdrawals
• Reconciling the bank statement

Reports

• Profit & Loss reports (accrual or cash basis)
• Balance Sheet reports (accrual or cash basis)
• Cash flow reports
• Accounts payable/receivable reports
• Payroll reports

The use of QuickBooks® software is solely for the purpose of instruction. Such use does not imply any preference for QuickBooks or discrimination against similar software.

Download Quickbooks for Greenhouse/Nursery Businesses Pre-Registration Form -- Word document

Contact the authors at:
xgrover@vt.edu - Gordon Groover
peasej@vt.edu - Jim Pease
jlatime@vt.edu - Joyce Latimer

Visit Virginia Cooperative Extension