Book Image

Mastering QuickBooks 2022 - Third Edition

By : Crystalynn Shelton
Book Image

Mastering QuickBooks 2022 - Third Edition

By: Crystalynn Shelton

Overview of this book

Whether you have bookkeeping experience or not, handling the financial side of your growing business requires expertise. With Mastering QuickBooks® 2022, Third Edition, you’ll learn how to use QuickBooks® to build the perfect budget, simplify tax return preparation, manage inventory, track job costs, generate income statements and financial reports, and perform all accounting-related tasks with ease. Throughout the book, you’ll be guided by an experienced Certified Public Accountant and Advanced Certified QuickBooks ProAdvisor – from setup to core features and beyond. This new edition has every chapter revised to cover a range of new features and updates available, including smart invoicing and cash flow projections. You'll learn how to create multilingual invoices, track mileage, work with a cash flow dashboard that helps you with cash forecasting and planning reports, and upload batches of bills and checks. This book will also teach you how to manage sales tax, including how to set up, collect, track, pay, and report sales tax payments. In addition to this, you’ll explore how to export reports to Google Sheets, use the custom chart builder, import budgets, and perform smart reporting. By the end of this book, you'll be well-versed with QuickBooks and have the confidence to manage all your bookkeeping tasks with ease.
Table of Contents (27 chapters)
Free Chapter
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
24
Other Books You May Enjoy
25
Index

Importing invoices and budgets into QuickBooks Online

In Chapter 6, Managing Customer, Vendor, and Products and Services Lists, we will cover importing customers, vendors, and products and services into QuickBooks. In this section, we will show you how to import invoices into QuickBooks. Importing your data into QuickBooks can save you a lot of time that would have been spent manually entering this information into QuickBooks. In addition to saving time, importing data will ensure more accuracy and consistency than manual data entry. If you use budgets in your business, you may want to consider importing your budget data into QuickBooks. Importing budgets is only available in QBO Advanced.

Follow these steps to import invoices into QuickBooks:

  1. From the gear icon, select Import data, as indicated in the following screenshot:

    Figure 2.25: The Import data option under TOOLS

  2. The Import Data screen will appear:

    Figure 2.26: The Import Data...