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

How to import products and services in QuickBooks Online

Similar to customers and vendors, you can import a products and services list in QuickBooks. This can save you a lot of time if you have a sizeable list of products or services that you sell. You can import this information from a CSV file into QBO. This template can be found here: https://github.com/PacktPublishing/Mastering-QuickBooks-2021-Second-Edition/blob/main/Chapter06/QuickBooks_Online_Prod%20and%20svs%20import%20template.xls.

Follow these steps to import products and services into QuickBooks Online:

  1. Navigate to the Products and Services list by clicking on the gear icon and selecting Products and Services, as shown in the following screenshot:

  1. Click on the arrow next to the New item button and then click on Import, as shown in the following screenshot:

  1. Click the Browse button to upload the CSV file from your computer, as shown in the following screenshot:

Click on the blue link to download the sample...