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

Accessing the QuickBooks Online Advanced test drive account

To demonstrate the key concepts outlined in the introduction of this chapter, we will use the QBO Advanced test drive account. This account includes data for Craig's Design and Landscaping Services, a fictitious business. There are a couple of ways you can access the test drive account. You can log in to your existing QBO account, click the help icon, and type test drive in the search field. 

Follow these steps to access the QBO Advanced test drive account:

  1. Log in to your existing QBO account.
  2. Click on the Help icon as indicated here:

  1. Click the test drive button as indicated here. If you don't have that option, scroll down to the search box and type test drive, and click the arrow to the right as indicated here:

  1. The following page will display:

  1. Click on the link as indicated in the preceding screenshot to access the United States QuickBooks Online Advanced test drive. If you are currently logged...