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)

Giving other users access to your QuickBooks data

The ability to give other users access to your data is one of the many benefits of using QBO. All QBO subscriptions include access for two accountant users and access for one or more additional users. There are five types of users that you can create in QBO:

  • Standard user
  • Company administrator
  • Reports only
  • Time tracking
  • Accountant

We will discuss each of these in more detail in the following subsections.

Standard user

You can give the standard user full or limited access to your QBO data, excluding administrative privileges. You can choose to give the standard user full access, access to customers and vendors, access to customers only, or access to vendors only.

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