Book Image

Mastering QuickBooks 2020

By : Crystalynn Shelton
Book Image

Mastering QuickBooks 2020

By: Crystalynn Shelton

Overview of this book

Intuit QuickBooks is an accounting software package that helps small business owners to manage all their bookkeeping tasks. Its complete range of accounting capabilities, such as tracking income and expenses, managing payroll, simplifying taxes, and accepting online payments, makes QuickBooks software a must-have for business owners and aspiring bookkeepers. This book is a handy guide to using QuickBooks Online to manage accounting tasks and drawing business insights by generating reports easily. Using a fictitious company, the book demonstrates how to create a QuickBooks Online account; customize key settings for a business; manage customers, vendors, and products and services; generate reports; and close the books at the end of the period. QuickBooks records your debits and credits, so you don't need to learn accounting. However, you will find out what happens under the hood and understand how your financial statements are impacted by what you do in QuickBooks. You'll also discover tips, shortcuts, and best practices that will help you save time and become a QuickBooks pro. By the end of this book, you'll have become well-versed with the features of QuickBooks and be able to set up your business and manage all bookkeeping tasks with ease.
Table of Contents (19 chapters)

Using apps in QuickBooks Online

One of the many benefits of using cloud accounting software such as QuickBooks Online is the ability to expand the functionality of the software by connecting apps to your QBO account. The QuickBooks App Center has more than 600 apps that allow you to manage your inventory, accept online payments, pay your bills, and manage your eCommerce transactions. The companies featured in the QuickBooks app store have partnered with QuickBooks to create an app that will help you simplify tasks, streamline data entry, and sync with QuickBooks. The app store is organized into categories based on their functionality. Customer reviews are included, short video demonstrations to show you how the app works, and customer service information if you have additional questions. In this section, we will provide you with an overview of the app center, show you how to find...