Last Updated on May 27, 2025 8:06:58 PM by Vivek Makwana
In today’s Digital Business World, being Good at Accounting Means more than just Crunching Numbers. You need Practical Software Skills like QuickBooks 💻 and a Solid Understanding of International Accounting Standards (IFRS) 🌐.
This guide is your one-stop resource to learn both — no jargon, no confusion. Let’s break it down step by step with helpful tips, emojis 😎, and official resources 🔗.
💼 What is QuickBooks and Why Should You Learn It?
QuickBooks is one of the world’s most popular accounting software programs, especially for small and medium businesses (SMBs) 🏢. It’s user-friendly, cloud-based, and automates daily financial tasks like:
✔️ Invoicing
✔️ Expense tracking
✔️ Payroll management
✔️ Tax calculations
✔️ Inventory management
🛠️ Versions of QuickBooks:
- QuickBooks Online (QBO) ☁️ The most popular version, accessible from anywhere
- QuickBooks Desktop 🖥️ – Feature-rich but tied to one device.
- QuickBooks Self-Employed 👨💻 – Ideal for freelancers and gig workers.
🔗 Official Website: https://quickbooks.intuit.com
🎓 How to Learn QuickBooks (Free + Paid Options)
1️⃣ Official Intuit Resources 📚
You can start with free tutorials offered by Intuit itself — the maker of QuickBooks.
🔗 QuickBooks Learn & Support Center – Get how-to guides and videos.
🔗 Intuit Academy for QuickBooks Certification – Learn and earn an official certificate. Great for resumes! 🎓
2️⃣ Practice in Real Time 🧪
QuickBooks Online offers a demo company that you can use to practice tasks such as:
- Creating invoices 🧾
- Recording expenses 💸
- Reconciling bank accounts 🏦
- Running profit & loss reports 📊
3️⃣ Extra Help via YouTube & Courses 🎥
Top YouTube Channels:
- Hector Garcia CPA 🧠
- FitSmallBusiness 📈
- QuickBooks India 🇮🇳
📘 Paid Platforms:
- Udemy
- LinkedIn Learning
- Coursera
Most of these courses are beginner-friendly and often under ₹1000 during discounts 💰.
🌐 What is International Accounting (IFRS)?
If you dream of working for a multinational company (MNC) or serving global clients, you must learn International Financial Reporting Standards (IFRS) 📄.
IFRS is a global framework for preparing financial statements, created by the International Accounting Standards Board (IASB) 🏛️.
🌍 140+ countries, including India 🇮🇳, have adopted or aligned with IFRS.
IFRS in India: What You Should Know
India uses a localized version of IFRS known as Ind AS (Indian Accounting Standards) 🧾. These are governed by the Ministry of Corporate Affairs (MCA).
🔗 MCA Ind AS Info Page
🧠 Ind AS is mandatory for:
- All listed companies on NSE/BSE 📈
- Large private companies (based on net worth criteria) 🏢
📌 Important IFRS Standards You Should Learn
Here are some beginner-friendly standards that have real-world application:
- IFRS 15 – Revenue Recognition 💵
Learn how to record sales or services correctly. - IFRS 16 – Lease Accounting 🏠
Know the rules for renting office spaces, machinery, etc. - IFRS 9 – Financial Instruments 💳
Covers loans, investments, and risk management. - IAS 1, 2, 7 –
- 📄 IAS 1: Presentation of financial statements
- 📦 IAS 2: Inventory handling
- 💧 IAS 7: Cash flow statements
🔗 List of All IFRS Standards
🔄 How QuickBooks and IFRS Work Together
QuickBooks = Hands-on bookkeeping 👨💻
IFRS = Global reporting rules 📘
✅ Example:
When recording a customer advance, QuickBooks helps you create an entry. But IFRS 15 tells you when and how to recognize that revenue.
Knowing both means:
- Your reports will match legal standards 📜
- You’ll be trusted by international clients 🌐
- You can offer services as a freelance accountant or consultant 💼
🧠 Where to Learn IFRS in India
🎓 Top Resources
- ICAI (India) – Offers courses and webinars on Ind AS
🔗 https://www.icai.org - ACCA Global – Offers globally recognized IFRS certifications
🔗 https://www.accaglobal.com - Coursera/EdX – Learn IFRS from global universities online.
You can also explore the IFRS YouTube channel for summaries and walkthroughs.
🚀 Quick Tips to Learn Fast
📅 Set Weekly Goals
Learn one topic per week: invoicing, revenue, lease, etc.
🧪 Practice Real Examples
Use sample companies in QuickBooks and align them with IFRS regulations.
👥 Join Communities
- Reddit: r/Accounting
- LinkedIn Groups: “QuickBooks Experts India”
- QuickBooks India Facebook group
🔔 Stay Updated
Follow IFRS.org and MCA updates to stay current with regulation changes.
📊 Career Scope & Opportunities
Learning both QuickBooks and International Accounting can help you:
- Get hired as a bookkeeper, accountant, or finance analyst
- Offer freelance accounting services online 💼
- Join international companies 🌏
- Start your own consulting or tax filing business 📋
🧾 QuickBooks Online Payroll:
QuickBooks Online Payroll is a smart solution for small businesses to manage salaries, taxes, and compliance—all in one place! 💼 You can pay employees via direct deposit 💳, auto-calculate taxes 🧮, file returns 📄, and generate payslips with ease 🖨️. It even updates tax rates automatically ⚙️ and integrates seamlessly with QuickBooks accounting 🔗. Whether you have 1 employee or 100, it’s a time-saving tool ⏱️ that keeps your payroll stress-free 🎯.
- 🔗 Learn more: https://quickbooks.intuit.com/payroll/
- ✅ Perfect for Indian businesses going digital! 🇮🇳
📘 QuickBooks Accounting Package:
QuickBooks Accounting Package is your all-in-one tool for managing business finances with ease! 💼 From tracking income & expenses 💰 to creating invoices 🧾, generating GST reports 🇮🇳, and reconciling bank accounts 🏦—everything is automated and user-friendly 🎯. Ideal for startups, freelancers, and growing businesses 🚀, QuickBooks saves time ⏱️ and boosts accuracy ✅. Cloud-based ☁️ and mobile-friendly 📱, you can access your books anytime, anywhere! 🌍
💸 QuickBooks Online Pricing:
QuickBooks Online Pricing offers flexible plans to fit every business size! 🏢 In India 🇮🇳, pricing starts at just ₹5,099/year for the Simple Start plan—ideal for freelancers 👨💻 and startups 🚀. The Essentials plan adds features like bill management 📑 and multi-user access 👥. Need more? Go for Plus, perfect for inventory 🛒 and project tracking 📊. All plans include free support 📞, mobile access 📱, and GST compliance 🇮🇳.
🎁 Free trial available!
🔗 Official pricing page: https://quickbooks.intuit.com/in/pricing/
✅ Affordable. Scalable. Made for Indian businesses!
🌍 Where to Get QuickBooks Online International Accounting Work 💼
Looking to get paid work using QuickBooks Online + international accounting skills? 💰 Start by creating a profile on freelancing platforms like Upwork 🌐, Fiverr 🎯, and Freelancer 🧑💻. Highlight your skills in QuickBooks, IFRS, and multi-currency bookkeeping 💵. Apply to gigs from clients in the US 🇺🇸, UK 🇬🇧, Canada 🇨🇦, and more. Join Facebook groups and LinkedIn communities for virtual bookkeepers 🤝. Additionally, sign up with outsourcing firms in India 🇮🇳 that cater to international clients 🌍.🔍 Tip: Showcase certifications & offer a free trial to land your first job! 🌟
✅ Global clients need QuickBooks pros—why not you? 🚀
💰 Monthly Income Potential with QuickBooks Skills 📊
Wondering how much you can earn using QuickBooks? 🧾 Freelancers offering QuickBooks services (like bookkeeping, payroll, or GST filing) typically earn ₹30,000 to ₹1,50,000+ per month in India 🇮🇳. On platforms like Upwork or Fiverr, global clients 🌍 pay $10–$50/hour 💵 based on your expertise and certifications 🎓. Virtual accountants working full-time for foreign companies can earn even more 🚀. Start with 1–2 clients, then grow your portfolio 👥. Add international accounting (IFRS 🌐) to boost your value!
✅ The more skilled you are, the more you earn! 📈
🔧 Your QuickBooks skills = income engine! 🔥
📝 Final Thoughts
In today’s competitive world, being good at accounting means combining practical skills (like QuickBooks) with global standards knowledge (like IFRS/Ind AS).
🎯 If you’re serious about building a future-proof career in finance, accounting, or business, this combo is a powerful investment in yourself.
🔗 Quick Access to Learning Links
| 🌐 Resource | 📎 Link |
| QuickBooks Tutorials | https://quickbooks.intuit.com/learn-support/ |
| QuickBooks Certification (Free) | https://quickbooks.intuit.com/accountants/training-certification/ |
| IFRS Official Website | https://www.ifrs.org |
| Full IFRS Standards List | https://www.ifrs.org/issued-standards/list-of-standards/ |
| MCA Ind AS Info | https://www.mca.gov.in/MinistryV2/accountingstandards.html |