QuickBooks 2012 For Dummies by Stephen L. Nelson

By Stephen L. Nelson

QuickBooks "X" For Dummies is a giant aid for small businessesMost companies cannot find the money for a major 4 accounting company to address their books. that is why such a lot of small-to-mid-size businesspeople flip to QuickBooks to aid them maintain tune in their funds. Bestselling writer Stephen Nelson returns with up to date insurance of the newest revisions and improvements to the top small company accounting software program package deal. After a brief overview of bookkeeping fundamentals, you will discover how QuickBooks might help construct the correct funds, method payroll, simplify your tax go back prep paintings, create invoices, deal with stock, earn money statements, stability debts, and masses more.You'll study what you might want to do prior to installing and arrange QuickBooks, then stream onto uncomplicated bookkeeping options and the basics of establishing an exceptional funds. you are going to additionally observe the right way to input facts, create invoices, and checklist and print revenues receipts; hold song of your stock, payroll, and budgets; computer screen your task bills; and generate the commonest monetary reviews with ease.Veteran writer Stephen Nelson updates his perennial bestseller and gives you easy-to-understand insurance of the latest free up of QuickBooksEnables you to take keep an eye on of handling your personal company accounting and monetary administration projects so that you can steer clear of having to rent pricey outdoors helpProvides specialist recommendation for purchasing all started with QuickBooks, development definitely the right finances, processing payroll, developing invoices, dealing with stock, monitoring task expenditures, producing source of revenue statements, balancing bills, developing monetary reviews, and moreQuickBooks "X" For Dummies is helping you deal with your monetary administration projects extra successfully that you can get all the way down to enterprise!

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Who this booklet is for
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See Figure 2-1). If you’ve already been using an earlier version of QuickBooks, QuickBooks should prompt you to open (and possibly convert) an existing file — and you don’t need to be reading this chapter. If you aren’t starting QuickBooks for the first time but you want to step through the QuickBooks Setup to set up a new company anyway, choose File➪New Company. I should mention that the first QuickBooks Setup dialog box identifies some other setup options you can use to get started. For example, the dialog box gives you the option of an Advanced Setup, which sounds a little scary.

Peabody’s annual raise: One final reason for outsourcing payroll also exists. Let me explain. You don’t want to do payroll yourself. Really, you don’t. As a result, you’ll eventually assign the task to that nice woman who works in your office, Mrs. Peabody. Here’s what will happen when you do that: Late one afternoon during the week following Mrs. Peabody’s first payroll, she’ll ask to meet with you — to talk about why Mrs. Raleigh makes $15,000 more per year than she (Mrs. Peabody) does, and also to ask why she (Mrs.

Identify the tax return you file and your taxpayer identification number. Use the Company Type field to specify the tax return that your business files. You can click in that field and then select from the list that QuickBooks provides. Use the Tax ID # field to provide your business taxpayer identification number. If you’re a sole proprietorship without employees, your tax identification number may be your Social Security number. In all other cases, your taxpayer identification number is your Employer Identification number.

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