QuickBooks 2011: The Missing Manual by Bonnie Biafore

By Bonnie Biafore

Your bookkeeping workflow can be smoother and quicker with QuickBooks 2011 -- yet provided that you spend extra time utilizing this system than knowing the way it works. This lacking guide places you up to the mark: you are going to not just learn how and while to take advantage of particular positive aspects, you will additionally get easy accounting suggestion that will help you throughout the studying approach.

  • Set up QuickBooks. organize documents and personal tastes to fit your corporation.
  • Manage your enterprise. music stock, keep an eye on spending, run payroll, and deal with source of revenue.
  • Follow the money. research every little thing from purchaser invoices to year-end initiatives.
  • Find key information fast. benefit from QuickBooks’ stories, corporation picture, and seek instruments.
  • Streamline your workflow. manage the house web page and on-line Banking middle to satisfy your wishes.
  • Build and computer screen budgets. how one can retain your organization financially healthy.
  • Share your monetary information. paintings together with your accountant extra successfully.

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Extra info for QuickBooks 2011: The Missing Manual

Sample text

Here's how to open any company file, no matter how long it's been since you last used it: 1. Choose File »"Open or Restore Company". If the No Company Open window is visible, you can click "Open or restore an existing company" instead. 0 1 1 QlrickBookt Premier 2011 ¡via Accountant) I File Edit Uiei L T-t: I V . : ' t^:- .. 1 Customed Vendoi.. L n r o^ees Banting Repcit:. er'-'ice Window Help E1 New Company.. , Open Previous Company C:\Users\BonnieVDociiments\QuickBooks2flnLtpdate\Data FilesllWDDJrrc Create Backup .

Here are some guidelines for answering the questions on the screens that follow: • The What do you sell? screen is where you tell QuickBooks whether you offer services, products, or both. When you choose one of these options, QuickBooks figures out which types of income accounts you need. If you select "Products only" or "Both services and products", another screen later in the Interview asks whether you want to track inventory. ill n t h QuickBooks Use an invoice when you do not receive full p a y m e n t at the time you provide your product or service, Using invoices will help you keep track of what your customers owe you.

Click OK to create a backup before you upgrade. Follow the steps to create a backup copy of your company file (page 162). 6. When the Update Company message box appears, click Yes to start the update. Keep in mind that the process could take a while if your company file is large or you're updating from several QuickBooks versions back. When the update is complete, the QuickBooks Learning Center window (page 672) opens in case you want to learn more about what's new in QuickBooks 2011. Click "Go to QuickBooks" at the bottom right of the window to get to work.

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