• Home
  • WSQ - Advanced Transactional Accounting with Quickbooks Online

WSQ - Advanced Transactional Accounting with Quickbooks Online

Course Information

  • Sessions 2 days
  • Duration 16 hrs
  • Level Intermediate
  • Assessment 2 hrs

Venue

12 Woodlands Square #07-85/86/87 Woods Square Tower 1, Singapore 737715. 5 mins walk from Woodlands (NS9) MRT station.

The venue is disabled-friendly.

Skills Framework

TSC Title
Transactional Accounting
TSC Code
ACC-CRP-4009-1.1

Funding Validity

Funding for this course is valid from 17 Feb 2023 to 16 Feb 2027. Register and complete the course within this period to qualify for funding support.

Learning Outcomes

By end of the course, learners should be able to:

  • LO1: Able to perform transactional accounting and double-entry accounting.
  • LO2: Able to produce accurate financial statements and reports.
  • LO3: Able to determine the impact of accounting standards on financial information.

Course Brochure

Download Course Brochure

Certification

  • Certificate of Achievement from Tertiary Infotech Academy Pte Ltd - Upon meeting at least 75% attendance and passing the assessment(s), participants will receive a Certificate of Achievement from Tertiary Infotech Academy Pte Ltd.
  • OpenCerts from SkillsFuture Singapore - After passing the assessment(s) and achieving at least 75% attendance, participants will receive a OpenCert (aka Statement of Achievement) from SkillsFuture Singapore, certifying that they have achieved the Competency Standard(s) in the above Skills Framework.

WSQ - Advanced Transactional Accounting with Quickbooks Online

Course Code: TGS-2023018989
  • WSQ
  • SFC
  • PSEA
  • UTAP
  • SFEC
  • Absentee Payroll
  • MCES

10 Review(s) | Add Your Review

Share

What's This Course About

Boost your accounting proficiency with our WSQ Advanced Transactional Accounting with Quickbooks Online course. Aimed at professionals and business owners, this course provides in-depth coverage of advanced accounting topics like account reconciliation, detailed financial reporting, and efficient bookkeeping. You'll gain hands-on experience using Quickbooks Online to manage complex transactions, generate financial statements, and maintain accurate records, setting you on the path to become an accounting expert.

Expand your accounting toolkit with the latest techniques and best practices in transactional accounting. The course explores vital topics including accounts payable and receivable, inventory tracking, and tax planning using Quickbooks Online. Whether you're an accountant, financial analyst, or business owner, this course equips you with the skills to optimize financial operations, enhance data accuracy, and improve financial decision-making, thereby contributing to business success.

WSQ Funding

Full Fee $800.00 Before GST
GST $72.00 9% of fee
Baseline Nett $472.00 SG/PR age 21+ · 50% funded
MCES / SME Nett $312.00 SG age 40+ · 70% funded
SkillsFuture Enterprise Credit (SFEC)

Eligible Singapore-registered companies can tap on $10000 SFEC to cover out-of-pocket expenses.

View on SkillsFuture for Business

SkillsFuture Credit (SFC)

Eligible Singapore Citizens can use their SFC to offset course fee payable after funding but the $4,000 Additional SFC (Mid-Career Support) cannot be used.

Direct Application on SkillsFuture Portal

UTAP

Eligible NTUC members can apply for 50% of the unfunded fee from UTAP, capped up to $250/year and for members aged 40 and above, capped up to $500/year.

Submit UTAP Claim

PSEA

Eligible Singapore Citizens can use their PSEA funds to offset course fee payable after funding.

Check PSEA Eligibility

  • Scroll down to “Keyword Tags” to verify for PSEA eligibility.
  • If there is “PSEA” under keyword tags, the course is eligible for PSEA.

Once you are eligible for PSEA, please download and fill up the PSEA Withdrawal Form, then submit the completed form to us:

PSEA Withdrawal FormSubmit PSEA Form

Course FeeBefore Funding

$800.00 (GST-exclusive)
$872.00 (GST-inclusive)

Course Date

* Required Fields

Additional Note

Please bring your own laptop for hands-on training. If you don't have laptop, we can provide spare laptop for training use.

Post-Course Support

  • We provide free consultation related to the subject matter after the course.
  • Please email your queries to enquiry@tertiaryinfotech.com and we will forward your queries to the subject matter experts.

Cancellation & Reschedule Policy

  • You can register your interest without upfront payment. There is no penalty for withdrawal of the course before the class commences.
  • We reserve the right to cancel or re-schedule the course due to unforeseen circumstances. If the course is cancelled, we will refund 100% for any paid amount.
  • Note the venue of the training is subject to changes due to availability of the classroom.

Course Details

Course Details

What You'll Learn

Topic 1: Transactional Accounting

  • What is double entry accounting?
  • Work with the charts of accounts
  • Create bank accounts and credit cards
  • Setup sales tax
  • Create inventory and non-inventory products
  • Setup customers, suppliers, employees
  • Create projects
  • Day to day operations
  • Enter timesheets
  • View reminders for overdue invoices
  • Send statements to customers
  • Record Depreciation and Inventory Adjustment
  • Setup bank rules
  • Reconcile bank accounts
  • Handle special cases
  • Issue refunds
  • Handle customer credits
  • Automate recurring transactions

Topic 2: Financial Reporting

  • Review financial info in the dashboard
  • Use tags to categorise your finances
  • Run financial reports
  • Pay sale tax
  • Record deprecation
  • Analyze management reports
  • Customize and memorize reports

Topic 3: Accounting Principles and Standards

  • Overview of accounting principles and GAAP
  • The accrual principle
  • Impact of financial standards on financial statements

Assessment

  • Written Exam
  • Practical Exam

Course Info

Promotion Code

Promo or discount cannot be applied to WSQ courses

Minimum Entry Requirement

Knowledge and Skills

  • Able to operate using computer functions
  • Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)

Attitude

  • Positive Learning Attitude
  • Enthusiastic Learner

Experience

  • Minimum of 1 year of working experience.

Prerequisite: Basic Quickbook knowledge. 

Minimum Software/Hardware Requirement

Softtware: 

You need to sign up a free Quickbooks Online account.

Hardware: Window and Mac Laptops

About Progressive Wage Model (PWM)

The Progressive Wage Model (PWM) helps to increase wages of workers through upgrading skills and improving productivity. 

Employers must ensure that their Singapore citizen and PR workers meet the PWM training requirements of attaining at least 1 Workforce Skills Qualification (WSQ) Statement of Attainment, out of the list of approved WSQ training modules.

For more information on PWM, please visit MOM site.

Funding Eligility Criteria

Individual Sponsored Trainee Employer Sponsored Trainee
  • Singapore Citizens or Singapore Permanent Residents
  • From 1 October 2023, attendance-taking for SWDA's (formerly SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses.​
  • Trainee must pass all prescribed tests / assessments and attain 100% competency.
  • We reserves the right to claw back the funded amount from trainee if he/she did not meet the eligibility criteria.
  • Singapore Citizens or Singapore Permanent Residents who are DIRECT EMPLOYEE of the sponsoring company.
  • From 1 October 2023, attendance-taking for SWDA's (formerly SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses.​
  • Trainee must pass all prescribed tests / assessments and attain 100% competency.
  • We reserves the right to claw back the funded amount from the employer if trainee did not meet the eligibility criteria.

 SkillsFuture Credit: 

  • Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding.

 PSEA:

  • To check for Post-Secondary Education Account (PSEA) eligibility, goto mySkillsFuture portal and search for this course code.
  • Scroll down to "Keyword Tags" to verify for PSEA eligibility.
  • If there is “PSEA” under keyword tags, the course is eligible for PSEA.  
  • And if there is no “PSEA” under keyword tags, the course is ineligible for PSEA. 
  • Not all courses are eligible for PSEA funding.

 Absentee Payroll (AP) Funding: 

  • $4.50 per hour, capped at $100,000 per enterprise per calendar year.
  • AP funding will be computed based on the actual number of training hours attended by the trainee.

 SFEC:

  • If the Training Provider has submitted an enrolment for course fee grant claim in Training Partners Gateway (TPGateway), SWDA would be able to derive SFEC funding based on this record. There is no need for enterprise to submit any claim request and the SFEC claim will be automatically generated and disbursed.
  • Where there is no such record, eligible employers are required to submit an SFEC claim after course completion via the SFEC microsite.
  • SkillsFuture Enterprise Credit (SFEC) Microsite 

 

Steps to Apply Skills Future Claim

  • The staff will send you an invoice with the fee breakdown.
  • Login to the MySkillsFuture portal, select the course you’re enrolling on and enter the course date and schedule.
  • Enter the course fee payable by you (including GST) and enter the amount of credit to claim.
  • Upload your invoice and click ‘Submit’

SkillsFuture Level-Up Program

The  SkillsFuture Level-Up Programme provides greater structural support for mid-career Singaporeans aged 40 years and above to pursue a substantive skills reboot and stay relevant in a changing economy. For more information, visit SkillsFuture Level-Up Programme

Get Additional Course Fee Support Up to $500 under UTAP

The Union Training Assistance Programme (UTAP) is a training benefit provided to NTUC Union Members with an objective of encouraging them to upgrade with skills training. It is provided to minimize the training cost. If you are a NTUC Union Member then you can get 50% funding (capped at $500 per year) under Union Training Assistance Programme (UTAP).

For more information visit NTUC U Portal – Union Training Assistance Program (UTAP)

Steps to Apply UTAP

  • Log in to your U Portal account to submit your UTAP application upon completion of the course.

Note

  • SWDA subsidy is available for Singapore Citizens, Permanent Residents, and Corporates.
  • All Singaporeans aged 25 and above can use their SkillsFuture Credit to pay. For more details, visit www.skillsfuture.gov.sg/credit
  • An unfunded course fee can be claimed via SkillsFuture Credit or paid in cash.
  • UTAP funding for NTUC Union Members is capped at $250 for 39 years and below and at $500 for 40 years and above.
  • UTAP support amount will be paid to training provider first and claimed after end of class by learner.

Appeal Process

  1. The candidate has the right to disagree with the assessment decision made by the assessor.
  2. When giving feedback to the candidate, the assessor must check with the candidate if he agrees with the assessment outcome.
  3. If the candidate agrees with the assessment outcome, the assessor & the candidate must sign the Assessment Summary Record.
  4. If the candidate disagrees with the assessment outcome, he/she should not sign in the Assessment Summary Record.
  5. If the candidate intends to appeal the decision, he/she should first discuss the matter with the assessor/assessment manager.
  6. If the candidate is still not satisfied with the decision, the candidate must notify the assessor of the decision to appeal. The assessor will reflect the candidate’s intention in the Feedback Section of the Assessment Summary Record.
  7. The assessor will notify the assessor manager about the candidate’s intention to lodge an appeal.
  8. The candidate must lodge the appeal within 7 days, giving reasons for appeal 
  9. The assessor can help the candidate with writing and lodging the appeal.
  10. he assessment manager will collect information from the candidate & assessor and give a final decision.
  11. A record of the appeal and any subsequent actions and findings will be made.
  12. An Assessment Appeal Panel will be formed to review and give a decision.
  13. The outcome of the appeal will be made known to the candidate within 2 weeks from the date the appeal was lodged.
  14. The decision of the Assessment Appeal Panel is final and no further appeal will be entertained.
  15. Please click the link below to fill up the Candidates Appeal Form.

Job Roles

Job Roles

  • Accountant
  • Bookkeeper
  • Financial Controller
  • Business Owner
  • Finance Manager
  • Accounts Payable Specialist
  • Accounts Receivable Specialist
  • Financial Analyst
  • Small Business Consultant
  • Office Manager
  • Payroll Administrator
  • Budgeting Specialist
  • Tax Preparer
  • Accounting Clerk
  • Finance Coordinator

Trainers

Trainers

Iris Wang is a seasoned accounting and finance professional with over 15 years of experience in financial management, bookkeeping, and business advisory across corporate and SME sectors. She has extensive expertise in implementing and managing accounting systems such as QuickBooks Online, Xero, and MYOB, helping businesses streamline their financial operations and ensure compliance with regulatory standards. Iris has trained numerous professionals and entrepreneurs in adopting cloud-based accounting tools, leveraging automation to enhance accuracy, reporting efficiency, and financial decision-making.
In “Advanced Transactional Accounting with QuickBooks Online,” Iris focuses on empowering learners to master advanced accounting functions within QuickBooks. Her sessions cover complex areas such as multi-currency reconciliation, automated reporting, and audit trail management, along with real-world case scenarios to reinforce learning. With her deep technical knowledge and practical teaching approach, she enables participants to efficiently manage end-to-end financial workflows and unlock the full potential of QuickBooks Online for business growth and financial excellence.

Gary Chan is a Chartered Accountant (ACCA, ISCA) with more than 25 years of experience in corporate finance, strategic management, and regional expansion. Having served in senior leadership roles such as Regional CFO, Director of Corporate Services, and Vice President for Asia Pacific in Fortune 500 companies, he brings extensive expertise in financial planning, P&L management, and international business strategy. Currently the Principal Trainer and Consultant at Smart Skill Training & Consulting, Gary has conducted courses in financial literacy, corporate finance, and accounting systems for organizations such as Singapore Polytechnic and the Institute of Financial Literacy.
As an ACTA-certified trainer, Gary specializes in equipping professionals and SMEs with accounting and financial management skills using digital platforms such as QuickBooks Online. His training emphasizes real-world financial processes, from transactional accounting to management reporting, ensuring participants gain both technical proficiency and applied financial knowledge. By combining leadership experience with hands-on expertise, Gary enables learners to confidently manage advanced accounting transactions and streamline business operations.

Soo Chee Kong, also known as Malcolm Soo, is a Chartered Accountant of Singapore with extensive experience in financial planning, analysis, and management reporting. He has held key finance roles in organizations such as JTC Corporation, Eu Yan Sang, and Sumitomo Electric, where he managed budgeting processes exceeding billions of dollars in revenue and capital expenditure. His professional expertise includes SAP financial systems, Excel financial modeling, and compliance with internal controls, giving him a strong foundation in both operational and strategic finance.
As an ACTA-certified trainer, Malcolm has delivered courses in accounting, budgeting, and financial reporting, including training for LCCI and non-financial professionals. In this program, he guides learners through the use of QuickBooks Online for advanced transactional accounting, enabling them to streamline processes such as accounts receivable/payable, reconciliations, and reporting. His practical, case-based teaching style ensures participants develop both the confidence and the competence to apply QuickBooks in real-world financial operations.

Bell Ang is a trainer and consultant with professional expertise in finance, auditing, and corporate governance. Having supported organizations in financial analysis, compliance, and reporting, she brings a practical and governance-focused perspective to financial training. For this program, Bell emphasizes interpreting financial statements through ratio analysis, guiding learners to uncover strengths, weaknesses, and risk factors in business performance. Her sessions highlight real-world applications, preparing participants to make informed financial decisions.

Review

Customer Reviews (10)

Average Rating: 4.3/5 Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
N/A (Posted on 6/14/2026)
Average Rating: 3.7/5 Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
N/A (Posted on 6/14/2026)
Average Rating: 5.0 Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
N/A (Posted on 4/6/2026)
will recommend Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
Mr Gary Chan is very professional and an experience trainer (Posted on 12/15/2024)
will recommend Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
. (Posted on 12/4/2024)

Items 1 to 5 of 10 total

per page
Page:
  1. 1
  2. 2

Write Your Own Review

You're reviewing: WSQ - Advanced Transactional Accounting with Quickbooks Online

How do you rate this product? *

  1 star 2 stars 3 stars 4 stars 5 stars
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment