Quickbooks for Greenhouse/Nursery Businesses Workshops

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Quickbooks for Greenhouse/Nursery Businesses Workshops

Farm Business Management Update, October 2001

By Jim Pease, Joyce Latimer, and Gordon Groover

Dates/Locations:
(for driving directions visit the office websites listed below)

October 29-31, 2001

Louisa County Extension Office

1 Woolfolk Avenue

Louisa, VA 23093-0399

Phone: (540) 967-3422

County homepage: http://offices.ext.vt.edu/view.cfm?webname=louisa

November 27-29, 2001

James City Extension Office

3127 Forge Road

Toano, VA 23168-0069

Phone: (757) 566-1367

County homepage: http://offices.ext.vt.edu/view.cfm?webname=james.city

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

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