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)

Reports available in the Report Center

In Chapter 1, Getting Started with QuickBooks Online, we discussed the four subscription levels you can purchase for QBO: Simple Start, Essentials, Plus, and Advanced. Depending on the subscription level you have purchased, you could have access to anywhere between 20 and 100 or more reports. Simple Start includes more than 20 reports, Essentials includes more than 40 reports, Plus includes more than 65 reports, and Advanced includes more than 100 reports. 

The following is a breakdown of some of the reports you will find in each QBO subscription.

QBO Simple Start includes more than 20 reports, some of which are listed as follows:

In addition to the reports included in Simple Start, QBO Essentials includes 40 plus reports, including the following:

In addition to the reports included in Simple Start and Essentials, QBO Plus has more...