Shelton Mastering Quickbooks® 2023, Fourth Edition

The Ultimate Guide to Bookkeeping with QuickBooks®
4. Auflage 2024
ISBN: 978-1-80324-931-5
Verlag: De Gruyter
Format: EPUB
Kopierschutz: 0 - No protection

E-Book, Englisch, 546 Seiten

Mastering QuickBooks® 2023 is a comprehensive guide that covers everything you need to know to master QuickBooks, from setting up your accounts and managing your transactions to generating reports and integrating with other software.

With step-by-step instructions, real-world examples, and practical tips and tricks, this book is designed to help small business owners, independent contractors, and bookkeepers optimize their financial management and streamline their business operations.

Autoren/Hrsg.

Shelton, Crystalynn

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Selbstständige & Freiberufler
• Rechtswissenschaften Steuerrecht Unternehmenssteuerrecht, Investitionszulage
• Wirtschaftswissenschaften Volkswirtschaftslehre Öffentliche Finanzwirtschaft, Besteuerung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen
• Mathematik | Informatik EDV | Informatik Digital Lifestyle Online Banking & Finance

Inhaltsverzeichnis

Table of Contents - Getting Started with QuickBooks Online
- Company File Setup
- Migrating to QuickBooks Online

- Customizing QuickBooks for Your Business

- Managing Customer, Vendor, and Products and Services Lists
- Managing Sales Tax

- Recording Sales Transactions in QuickBooks Online
- Recording Expenses in QuickBooks Online
- Reconciling Uploaded Bank and Credit Card Transactions
- Report Center Overview
- Business Overview Reports

- Customer Sales Reports in QuickBooks Online

- Vendor and Expenses Reports

- Managing Employees and 1099 Contractors in QuickBooks Online
- Closing the Books in QuickBooks Online

- Finding Apps and Handling Special Transactions in QuickBooks Online
- QuickBooks Online Advanced

- Shortcuts and Test Drive

- QuickBooks Certified User Exam Objectives

Leseproben

Preface

Intuit QuickBooks is an accounting software package that helps small business owners manage all their bookkeeping tasks. Its complete range of accounting capabilities, such as tracking income and expenses, managing payroll, simplifying taxes, and accepting online payments, makes QuickBooks software a must-have for business owners and aspiring bookkeepers.

The goal of this book is to teach small business owners, bookkeepers, and aspiring accountants how to properly use QuickBooks Online. Using a fictitious company, we will demonstrate how to create a QuickBooks Online account; customize key settings for a business; manage customers, vendors, and products and services; enter transactions; generate reports; and close books at the end of the period. QuickBooks records debits and credits for you so that you don’t have to know accounting. However, we will show you what’s happening behind the scenes in QuickBooks so that you can understand how your actions in QuickBooks impact financial statements. We will also provide you with tips, shortcuts, and best practices to help you save time and become a QuickBooks pro.

The US edition of QBO was used to create this book. If you are using a version that is outside of the United States, results may differ.

Who this book is for

If you’re a small business owner, bookkeeper, or accounting student who wants to learn how to make the most of QuickBooks Online, this book is for you. Business analysts, data analysts, managers, professionals working in bookkeeping, and QuickBooks accountants will also find this guide useful. If you are planning to take the QuickBooks Certified User (QBCU) exam, this book is an excellent study guide. No experience with QuickBooks Online is required to get started; however, some bookkeeping knowledge would be helpful.

What this book covers

Section 1: Setting Up Your Company File

, , starts off with a brief description of QuickBooks Online, then it outlines the key features in all four editions of the software. We also explain how to choose the right edition for your business. There are step-by-step instructions on how to create a QBO account and how to navigate the software. Finally, we provide you with some basic bookkeeping knowledge to help you understand what’s going on behind the scenes in QuickBooks.

, , shows you how to customize the QuickBooks Online account created in to meet your business needs. First, we explain the documents and key information you will need to have handy for the setup. Next, we walk you through all of the available preferences in QBO and explain the purpose and benefit of utilizing the various options available.

, , gives you all the information required to migrate to QuickBooks Online from platforms such as Excel, QuickBooks Desktop, or another accounting/bookkeeping software.

, , introduces customization for the chart of accounts and then dives into the different ways of connecting bank accounts and credit cards to your QuickBooks Online account, followed by granting users access to your QuickBooks data.

, , gives you a detailed insight into how to manage your customers, vendors, products, and services. This includes importing customer, vendor, and product and services data from an Excel spreadsheet and manually entering it into the software.

Section 2: Recording Transactions in QuickBooks Online

, , covers how to set up sales tax for the various tax jurisdictions you are required to collect sales tax for, how to create an invoice with sales tax, and what reports will help you to report and pay the appropriate sales tax amount when it becomes due.

, , starts by giving detailed information on different forms of sales, followed by information on how the customer can record payments using different methods, and finally teaches you how to initiate refunds for your customers.

, , teaches you how to enter and pay bills for your QuickBooks Online account. Then, we’ll start exploring how to manage recurring expenses, followed by writing and printing checks.

, , gives you a brief overview of the Banking Center in QuickBooks Online and gives you a deep understanding of how the bank rules work, followed by how to edit QuickBooks Online transactions, and finally how to reconcile bank accounts.

Section 3: Generating Reports in QuickBooks Online

, , takes you through the Report Center, followed by the different reports available, how to customize and export reports, and finally how to send reports via email.

, , discusses the three primary reports that provide a good overview of your business: the profit and loss statement, balance sheet report, and statement of cash flows. It also covers the cash flow planner and the audit log.

, , focuses on reports that will give you insight into your customers and sales. We will discuss what information you will find on each report, how to customize the reports, and how to generate each report.

, , dives into what information you can expect to find in each report, how to customize the report, and how to generate it. This chapter also discusses ways that you can use the report to help you manage your expenses and cash flow.

Section 4: Managing Employees and Contractors

, , shows you how to set up your payroll system, generate payroll, and fill payroll tax forms and payments. This chapter also covers how to set up 1099 contractors and make payments to them.

Section 5: Closing the Books and Handling Special Transactions

, , covers the steps needed to close your books each month or for the year; including but not limited to reconciling all bank and credit card accounts, making year-end accrual adjustments (if applicable), recording fixed asset purchases made throughout the year, recording depreciation, taking a physical inventory, adjusting retained earnings, and preparing financial statements.

, , starts by showing you how to discover and install apps in QuickBooks Online. Apps are a great way to help you streamline day-to-day business tasks that can otherwise be time-consuming. It also covers how to record credit card payments from customers, keep track of petty cash, and record delayed charges.

, , takes a deep dive into the features included in this top-tier QuickBooks Online subscription. We show you how to access the QuickBooks Online Advanced test drive account, add custom fields, manage customized user permissions, what workflow automation is and how to use it, how to import invoices and budgets, and much more.

Appendix

At the end of the book, there is a brief section called , which summarizes the keyboard shortcuts you can use in QuickBooks Online to save time, and also provides links to the QBO test drive account as well as a QBO discount code. This is followed by the , where you’ll find the full list of things you need to know to pass the QBCU exam, along with references to where the relevant content appears in the book – a handy reference for revision.

To get the most out of this book

This book is ideal for anyone who has accounting/bookkeeping knowledge as well as those that don’t. Each chapter builds on the knowledge and information presented in the previous chapters. If you don’t have any experience of using QuickBooks Online, we recommend you start with , , and complete the chapters in the order they are presented. If you have experience of using QuickBooks Online, feel free to advance to the chapters that cover the topics you need to brush up on.

Download additional files

The code bundle for the book is hosted on GitHub at https://packt.link/MQ23GitHub. We also have other code bundles from our rich catalog of books and videos available at https://github.com/PacktPublishing/. Check them out!

Download the color images

We also provide a PDF file that has color images of the screenshots/diagrams used in this book. You can download it here: https://packt.link/BjR3m.

Conventions used

Bold: Indicates a new term, an important word, or words that you see on screen. For example, words in menus or dialog boxes appear in the text like this. Here is an example: “Click on the Accounting tab located in the left menu bar and...

Über Autor(innen)

Shelton Crystalynn :

Crystalynn Shelton is a licensed CPA and small business advisor specializing in financial accounting software training, coaching, and consulting. She has written two Amazon Bestsellers, Mastering QuickBooks 2020 and Mastering QuickBooks 2021. In addition to having experience as a small business owner, she has more than 20 years' experience in providing accountancy consultancy in the entertainment, oil and gas, education, and computer technology fields. Crystalynn is an Advanced Certified QuickBooks ProAdvisor and has taught accounting, bookkeeping, and QuickBooks courses for the last 12 years at the University of California at Los Angeles Extension. When she is not in the classroom, Crystalynn enjoys trying new restaurants and curling up with a good book!