So far, we have covered the most common transactions small businesses use QuickBooks for. However, there are a few more topics that we would like to share with you. While some of these may not apply to your business when you are starting out, it's a good idea to be aware that they exist. First, we will start by using apps in QBO. Apps are a great way to help you streamline day-to-day business tasks that can be time-consuming. Next, we will show you how to record credit card payments from customers. This is an excellent way to get paid faster. Third, we will show you how to create professional-looking sales templates. If you have several expenses that you pay weekly, monthly, or quarterly, you should set them up as recurring transactions. We will also cover how to create and manage recurring transactions in this chapter. If...
Mastering QuickBooks 2020
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Mastering QuickBooks 2020
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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.
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Current Title:
Mastering QuickBooks 2020
Table of Contents (19 chapters)
Preface
Free Chapter
Getting Started with QuickBooks Online
Company File Setup
Migrating to QuickBooks Online
Customizing QuickBooks for Your Business
Managing Customers, Vendors, Products, and Services
Recording Sales Transactions in QuickBooks Online
Recording Expenses in QuickBooks Online
Managing Downloaded Bank and Credit Card Transactions
Report Center Overview
Business Overview Reports
Customer Sales Reports in QuickBooks Online
Vendor and Expenses Reports
Managing Payroll in QuickBooks Online
Managing 1099 Contractors in QuickBooks Online
Closing the Books in QuickBooks Online
Handling Special Transactions in QuickBooks Online
Shortcuts and Test Drive
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