Book Image

Mastering QuickBooks 2021 - Second Edition

By : Crystalynn Shelton
Book Image

Mastering QuickBooks 2021 - Second Edition

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 independently. This latest edition of Mastering QuickBooks takes you through the range of new features and updates available in QuickBooks Online (QBO). Creating multilingual invoices, tracking mileage, working with a cash flow dashboard that helps you with cash forecasting and planning reports, and uploading a batch of bills and checks are just a few of the new features covered in this edition. As you progress, you’ll learn how to manage sales tax, including how to set up, collect, track, pay, and report sales tax payments. Dedicated sections will also take you through new content focused on the latest features in the QBO line-up, while also showing you the different types of businesses that can benefit from QBO Advanced. In addition to this, you’ll explore how to export reports to Google Sheets, use the custom chart builder, import budgets, perform smart reporting with Fathom, and much more. By the end of this QuickBooks book, you'll be well-versed with the features of QuickBooks and have the confidence to manage all your bookkeeping tasks with ease.
Table of Contents (26 chapters)
1
Section 1: Setting Up Your Company File
8
Section 2: Recording Transactions in QuickBooks Online
13
Section 3: Generating Reports in QuickBooks Online
18
Section 4: Managing Employees and Contractors
21
Section 5: Closing the Books and Handling Special Transactions

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 its functionality. Customer reviews are included, along with 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 apps that are relevant to your business needs, and show you how to add apps to QuickBooks Online.

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