Book Image

Professional Tips and Workarounds for QuickBooks Online

By : Ashley Beetson
Book Image

Professional Tips and Workarounds for QuickBooks Online

By: Ashley Beetson

Overview of this book

Accountants and bookkeepers can sometimes face challenges while coming up with solutions to help their clients. QuickBooks Online, a popular cloud accounting software, comes with a wide range of tools that can take time to learn. This book will show you how to properly combine the tools available in QuickBooks to get the most out of this software. Complete with step-by-step explanations of essential concepts and practical examples, the book will begin by helping you understand how to create opening balances for a new company. You'll then discover essential bookkeeping and accountancy tips and tricks, and find guidance to help make QuickBooks as easy to use as possible. As you advance, you'll explore different scenarios in which QuickBooks Online can be used for various business types. This will help you understand that not every business is the same, but using the wide range of functionalities QuickBooks Online offers, you can customize solutions to really make it work for you. By the end of this QuickBooks book, you'll have gained deep insights into how you can use QuickBooks Online to work for different business types, and you'll have a complete checklist of the different things you should be doing when you start reviewing accounts ahead of tax season.
Table of Contents (16 chapters)
1
Section 1 – General Tips and Shortcuts
4
Section 2 – Adapting QuickBooks Online to Suit Different Business Types
10
Section 3 – Reviewing and Reporting Data in QuickBooks Online

Chapter 2: Useful Tips and Tricks Every QuickBooks User Should Know

Some chapters within this book are for specific business types that can help users tailor QuickBooks Online to meet their specific requirements. This chapter, as well as the chapters toward the end of this book that refer to reviewing and reporting, apply to all types of organizations – large and small.

It is important that QuickBooks is made as easy to use as possible for everybody that needs to access and use it. Within this chapter, you will learn how to put various methods into practice that will do exactly that.

In this chapter, we will cover the following topics:

  • Purging a QuickBooks company
  • Using the KISS principle
  • General tips for regular use

To start with, we are going to take a look at what we might need to do if things have gone wrong in the very early stages of getting QuickBooks set up.