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

Making changes to existing customers in QuickBooks Online

There may be times when you need to correct or update a customer's information. For example, if a customer's address changes or their primary contact changes, you will need to update your records with the new information. Updating customer information is easy to do in QuickBooks – all you need to do is navigate to the Customers center and select the customer that you need to make changes to.

Follow these steps to edit an existing customer in QuickBooks Online:

  1. Navigate to Customers by selecting Invoicing from the left-hand menu bar and then Customers, as shown in the following screenshot:

  1. Select the customer you would like to edit by clicking on the customer's name, as shown in the following screenshot:

  1. The detailed customer record will be displayed on the next screen. Click on the Customer Details tab and then the Edit button to make changes:

You can update the information you have on file for your...