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Intuit QuickBooks Simple Start Full [Free Download 2015]
QuickBooks The Missing Manual by Bonnie Biafore Stay ahead with the world’s most comprehensive technology and business learning platform. With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more. No credit card required Introduction Thousands of small companies and nonprofit organizations turn to QuickBooks to keep their finances on track.
And over the years, Intuit has introduced various editions of the program to satisfy the needs of different types of companies. And with each new version, Intuit has added enhancements and new features to make your workflow smoother and faster. The challenge is knowing what to do according to accounting rules, and how to do it in QuickBooks. Changing the process for creating a new company file is something of a tradition at Intuit. The QuickBooks Setup dialog box Options for Creating a Company File now opens as soon as you choose the command to create a new company file.
The window steps you through entering the about your company; choosing settings appropriate for your type of business; and setting up customers, vendors, employees, items you sell, and bank accounts. In addition to batch invoices for the same items and amounts Adding a Memo to Yourself , you can now select multiple customers with unbilled time and expenses and create the invoices for all of them at once Creating a batch of time and expenses invoices.
You can create a batch of timesheets if you enter the same timesheet info for several employees or vendors Filling in Weekly Timesheets. Inventory items appear on the left side of the window, while details and transactions related to the selected inventory item appear on the right.
Integration with Excel has gotten a lot smarter. Now you can export reports to Excel and update data in existing worksheets without mangling their formulas and formatting Exporting addresses. QuickBooks Help now provides a single way to access all your help options. With the To Do List Tracking To-Dos , you can set up tasks, phone calls, emails, meetings, and appointments with leads, customers, or vendors. If you want to keep track of prospects before they become customers, you can record their info in the Lead Center Working with Leads.
QuickBooks helps you perform basic financial tasks, track your financial situation, and manage your business to make it even better. Work with more than 14, unique inventory items or 14, contact names. QuickBooks Pro and Premier company files can hold up to 14, inventory items and a combined total of up to 14, customer, vendor, employee, and other Other Names List names.
QuickBooks Enterprise Solutions version 7. Track personal finances. In addition to opening a separate checking account for your business, track your personal finances somewhere else like in Quicken. If you do decide to use QuickBooks, at least create a separate company file for your personal financial info.
Track the performance of stocks and bonds. But companies have investments, too, of course. A machine that costs hundreds of thousands of dollars is an investment that you hope will generate lots of income, and you should track it in QuickBooks. However, in QuickBooks, these types of investments show up as assets of the company Vehicle List.
Manage customer relationships. Lots of information goes into keeping customers happy. You can also keep track of leads before they turn into customers. But for tracking details like memberships, items sold on consignment, project progress, and scheduled events, another program like Microsoft Excel or Access would be a better solution.
Choosing the Right Edition QuickBooks comes in a gamut of editions, offering options for organizations at both ends of the small-business spectrum. QuickBooks Simple Start and Online editions cover the basic needs of very small operations. Enterprise Solutions, on the other hand, is the most robust and powerful edition of QuickBooks, boasting enhanced features and speed for the biggest of small businesses.
Likewise, features vary in the editions for different countries; this book focuses on the U. This book focuses on QuickBooks Pro because its balance of features and price make it the most popular edition. QuickBooks Pro is the workhorse edition. It lets up to five people work on a company file at a time; you can purchase licenses in single- or five-user packs.
QuickBooks Pro includes features for tasks such as invoicing; entering and paying bills; job costing; creating estimates; saving and distributing reports and forms as email attachments; creating budgets automatically; projecting cash flow; tracking mileage; customizing forms; customizing prices with price levels; printing shipping labels for FedEx and UPS; and integrating with Word, Excel, and hundreds of other programs.
Other lists, like the Chart of Accounts, can have up to 10, entries each. QuickBooks Premier is another multi-user edition. For business owners, its big claim to fame is handling inventory items assembled from other items and components. In addition, Premier can generate purchase orders from sales orders and estimates, and apply price levels to individual items.
You can also track employee info and get to your data remotely. This edition also includes a few extra features that typically interest only accountants, like reversing general journal entries. When you purchase QuickBooks Premier, you can choose from six different industry-specific flavors see the next section. Like the Pro edition, Premier can handle a combined total of up to 14, list entries.
Enterprise Solutions is the edition for larger operations. Up to 30 people can access a company file at the same time, and this simultaneous access is at least twice as fast as in the Pro or Premier edition.
The database can handle lots more names in its customer, vendor, employee, and other name lists 1,, versus 14, for Pro and Premier. You can have multiple company files, work in several locations, and produce combined reports for those companies and locations. And because more people can be in your company file, this edition has features such as an enhanced audit trail, more options for assigning or limiting user permissions, and the ability to delegate administrative functions to the other people using the program.
Your local office supply store, Amazon. If you buy QuickBooks from Intuit, you pay full price, but have 60 days to return the program for a full refund. As long as funding comes primarily from unrestricted sources, the Pro edition will work reasonably well.
When you install QuickBooks Premier, you choose the industry version you want to run. If your business is in an industry other than one of the five options, choose General Business. On the QuickBooks website http: Here are the industries that have their own Premier editions: Note The Accountant edition is designed to help professional accountants and bookkeepers deliver services to their clients.
It lets you run any QuickBooks edition that is, Pro, or any of the Premier versions. The General Business version has all the goodies of the Premier edition, like per-item price levels, sales orders, and so on. Its chart of accounts and menus are customized for manufacturing and wholesale operations. You can use it to manage inventory assembled from components and to track customer return materials authorizations RMAs and damaged goods.
If you run a nonprofit organization, you know that several things work differently in the nonprofit world, as the box on Nonprofit Dilemma details. The Nonprofit version of QuickBooks includes features such as a chart of accounts customized for nonprofits, forms and letters targeted to donors and pledges, info about using the program for nonprofits, and the ability to generate Statement of Functional Expenses forms.
The Professional Services version not to be confused with QuickBooks Pro is designed for companies that deliver services to their clients. Unique features include project-costing reports, templates for proposals and invoices, billing rates that you can customize by client or employee, and professional service—specific reports and help. The Retail version is customized to work for retail operations. It includes specialized menus, reports, forms, and help, as well as a custom chart of accounts.
Intuit offers companion products that you can integrate with this edition to support all aspects of your retail operation.
For example, QuickBooks Point of Sale tracks sales, customers, and inventory as you ring up sales, and it shoots the information over to your QuickBooks company file. But if bookkeeping and accounting are unfamiliar territory, some background training QuickBooks Training may help you use QuickBooks better and more easily without calling your accountant for help five times a day.
To contact the school, visit www. Accounting Basics: Double-entry accounting is the standard method for tracking where your money comes from and where it goes. For example, as shown in Table I-1, when you sell something to a customer, the money on your invoice comes in as income and goes into your Accounts Receivable account.
Then, when you deposit the payment, the money comes out of the Accounts Receivable account and goes into your checking account. Note Each side of a double-entry transaction is either a debit or a credit. As you can see in Table I-1, when you sell products or services, you credit your income account since your income increases when you sell something , but debit the Accounts Receivable account because selling something also increases how much customers owe you.
Following the money through accounts Transaction.
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QuickBooks Simple Start is an accounting software to create invoices and track sales and A 30 day free trial version is available on this site. QuickBooks Simple Start Online Free helps you easily stay on top of your businessby instantly creating invoices, tracking payments, and.