QuickBooks ProAdvisor study plan

Create a fresh sandbox company file and configure the company profile, fiscal year start, industry, and currency before entering any data.

Build a 40-account chart of accounts mapped to a fictional service-plus-retail business, assigning account numbers and correct account types.

Configure sales tax (one taxable, one non-taxable rate), payment terms, and invoice/payment defaults, then note how each default changes the entry screen.

Add three users with distinct role-based permissions and write down exactly what each role can view, create, and edit.

Compile a 15-item settings checklist across accounting, sales, expenses, and payments with the default value and the business reason for changing it.

Audit the sandbox file against the week-1 checklist and deliberately break then repair five settings to see the effect on existing transactions.

Import two months of CSV bank activity into one checking account and confirm opening balance and ending balance match the statement.

Categorize 30 downloaded transactions using batch actions and accept/match rules, leaving nothing in the For Review queue.

Reconcile the checking account to a zero difference and document the steps taken when the opening balance was locked.

Write a short comparison of For Review vs. Reviewed vs. Excluded transactions and how each affects reports.

Reconcile a second month for two accounts (checking and a credit card), including a mid-month transfer between them.

Record owner's equity contribution, owner's draw, and a bank-to-bank transfer, then verify balances move as expected.

Seed ten deliberate discrepancies (duplicate, missing check, edited amount, wrong date) and locate each using the reconciliation discrepancy tools.

Create five bank rules that combine payee, amount range, and memo conditions and confirm each fires correctly on new imports.

Attach source documents to three transactions and match a receipt to a downloaded expense.

Build a customer list of eight customers with three payment terms and two sales tax assignments, including one tax-exempt customer.

Create six invoices, two sales receipts, one credit memo, and one refund, then apply the credit memo and a customer credit to open invoices.

Record three customer prepayments/deposits and apply each to a later invoice, confirming the liability clears.

Process three customer payments covering a full payment, a partial payment, and an overpayment, and handle the unapplied balance.

Run A/R Aging Detail and a Customer Balance Detail report and tie the totals to a hand-built expected-balance schedule.

Set up six products and services across service, non-inventory, and bundle types and verify each posts to the intended income account.

Customize Sales by Customer Summary, Sales by Product/Service Summary, and Income by Customer reports with date and customer filters.

Build one custom report from scratch, export it to a spreadsheet, and schedule it to email weekly.

Run the Sales Tax Liability report, reconcile collected tax against taxable sales, and record the tax payment.

Write a two-sentence interpretation of what each of the three sales reports reveals about the fictional business.

Set up six vendors with default expense accounts, terms, and 1099 tracking flags, including one vendor that must be excluded from 1099s.

Enter eight bills and two vendor credits, then apply the credits against the correct bills.

Pay six bills through bill payment and record five expenses paid directly at time of purchase, keeping the two workflows separate.

Convert a purchase order into a bill and verify the open purchase order report shows only the unconverted remainder.

Run A/P Aging Summary and Vendor Balance Detail and tie both to a hand-computed payables schedule.

Generate and save six core reports: Profit & Loss, Balance Sheet, Statement of Cash Flows, A/R Aging, A/P Aging, and Trial Balance.

Run the Profit & Loss on both accrual and cash basis and list three accounts where the two versions diverge and why.

Customize reports with comparison columns, percent-of-income, collapsed subtotals, and a saved filter set for a fictional client.

Verify the Trial Balance nets to zero and the Balance Sheet balances, then trace one transaction from source document to report line.

Assemble a five-report client package with a one-page written variance analysis on three accounts.

Re-work the 20 most-missed items logged from earlier weeks and re-test each one until correct twice in a row.

Complete two timed 60-question practice sets spanning all five domains and record the score for each domain separately.

Compress every settings path and report path used in weeks 1-7 into a single 25-line reference sheet.

Re-target any domain scoring under 80% with two hours of hands-on rework in the sandbox file and a re-test.