QuickBooks 2006 For Dummies by Stephen L. Nelson

By Stephen L. Nelson

* What the ebook covers: the major beneficial properties of QuickBooks together with getting up an operating, invoices and credits memos, paying money owed, coping with stock, balancing your books, cost printing, going surfing with QuickBooks, processing payroll, producing and sharing monetary studies, backing up info, construction the cheap, venture estimating, simplifying tax go back education, and extra. * up-to-date assurance of the recent model: Revised all through to hide the most recent updates and improvements made to QuickBooks.* sequence beneficial properties: details awarded within the simple yet enjoyable language that has outlined the Dummies sequence for over ten years.

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QuickBooks firm version 12. zero for specialists is a cookbook with particular recipes for time-saving shortcuts, useful personalized reviews, and brilliant how one can use this accounting software program to aid decision-making on your small or medium-sized business.

With QuickBooks firm version 12. zero Cookbook for specialists you could pick out an issue of price and research particular, functional options usable on your personal QuickBooks dossier or in a pattern file.

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customise the QuickBooks setting and reviews to check your operating variety and company operations
Optimally organize goods and different instruments to get the main helpful details out of your accounting records
shop time with correct keyboard shortcuts, information access shortcuts, and reporting shortcuts
effectively deal with your consumer and seller relationships through the use of QuickBooks in spectacular ways
elevate supervisory potency and effectiveness with troubleshooting suggestions and error-checking tools
extend reporting and research functions by means of extra exploring integration with Microsoft Excel
manage QuickBooks for enterprise-level issues together with multi-user permissions, add-on providers, and rfile storage
Create experiences to reinforce relationships together with your key consumers, proprietors, traders, and different stakeholders

QuickBooks firm variation 12. zero Cookbook for specialists is written in a non-sequential, modular method which allows the reader to pick any proper and helpful process and research it. each one recipe within the cookbook comprises illustrations to take advantage of tough ideas common. additionally, the specialist reader’s time isn't really wasted on any simple language and steps.

Who this e-book is for
This e-book is written for CPAs, CAs, experts, CFOs, controllers, managers, or bookkeepers with broad adventure with QuickBooks. previous event with the firm version, despite the fact that, isn't really required. you will have a radical figuring out of accounting strategies and a mastery of the fundamentals of the QuickBooks setting.

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If you’ve been using another small business accounting system, such as the simpler Quicken product from Intuit or the Simply Accounting program from Computer Associates, you might be able to have your old system produce a trial balance on the conversion date. In that case, you can get the balances from your old system. ) Just to split hairs, the trial balance should show account balances at the very start of the first day that you’ll begin using QuickBooks for actual accounting. For example, if the conversion date is 1/1/2006, the trial balance needs to show the account balances at one minute past midnight on 1/1/2006.

If you sell thingamajigs that you purchase from the manufacturer Thingamajigs Amalgamated, for example, you specify the item type as Inventory Part. ) • Inventory Assembly: Select this type if what you sell is something that you make from other Inventory items. In other words, if you buy raw materials or other components and then assemble these things to create your finished product, the finished product is an Inventory Assembly item. Chapter 3: Populating the QuickBooks Lists • Non-Inventory Part: Select this type if what you sell is something that you don’t want to track as inventory.

Load the master files as I describe in Chapter 3. If you’re thinking to yourself, “Whoa, cowboy, that seems like a bit more work than what’s involved in installing spreadsheet software or a new word processor,” you’re right. You might as well hear from me the ugly truth about accounting software: Accounting software — all of it — requires quite a bit 15 16 Part I: Quickly into QuickBooks of setup work in order to get the things running smoothly. For example, you’ll want to build a list of expense categories, or accounts, to use for tracking expenses.

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