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

Section 2 – Adapting QuickBooks Online to Suit Different Business Types

QuickBooks Online is designed to be used for small- to medium-sized businesses and there can be many different types of businesses that may want to use QuickBooks. It’s important to understand that not every business will be set up in the same way, and not every user will have the same requirements.

There can be some limitations when using QuickBooks Online, and it can be necessary to use additional third-party applications that increase some of the functionality required. However, with a thorough understanding of how the software works, it is possible to mold QuickBooks Online to meet the needs of almost any business type.

This section comprises the following chapters:

  • Chapter 3, QuickBooks Online for Manufacturing Businesses
  • Chapter 4, Recording Income for Retail Businesses
  • Chapter 5, Handling Client Money
  • Chapter 6, The Secret to Success with Projects in QuickBooks Online...