QuickBooks 2012: The Missing Manual by Bonnie Biafore

By Bonnie Biafore

Your bookkeeping workflow could be smoother and quicker with QuickBooks 2012 for Windows—but provided that you spend extra time utilizing this system than understanding the way it works. This ebook places you on top of things: you get step by step directions on how and while to exploit particular positive aspects, besides easy accounting recommendation to lead you thru the training process.The very important things you have to know:Get begun. arrange your money owed, clients, jobs, and bill goods fast. deal with your enterprise. song spending, source of revenue, invoices, stock, and payroll. Spend much less time on bookkeeping. Use QuickBooks to create invoices or timesheets in batches. stick with the cash. study every little thing from billable time and costs to year-end projects. locate key details quick. depend on QuickBooks’ seller, client, stock, and worker facilities. trade info with different courses. circulate information among QuickBooks and Microsoft workplace.

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Additional resources for QuickBooks 2012: The Missing Manual

Example text

QuickBooks Pro doesn’t include this sales order feature. 24 quickbooks 2012: the missing manual Creating a Company File • The Using statements in QuickBooks screen is where you tell the program whether you generate statements to send to customers (page 329). For example, your wine-of-the-month club might send monthly statements to its members. Or a consultant could send invoices for work performed and then send a statement that summarizes the fees, payments, and outstanding balance. • On the Using invoices in QuickBooks screen, select Yes to tell the program that you want to use invoices, which you probably do because invoices are the most flexible sales forms (page 274).

Then you can enter transactions for the month and try reconciling your QuickBooks records with your bank statement. • The last day of the previous fiscal period. The next best start date is the last day of the previous fiscal quarter (or fiscal month at the very least). Starting in the middle of a fiscal year makes the entire year’s accounting more difficult. Since your company file doesn’t contain a full year’s worth of detail, you’ll have to switch between QuickBooks and your old filing cabinets to prepare your tax returns and look up financial information.

Once you update a company file, your coworkers won’t be able to open it until you upgrade their computers to QuickBooks 2012. So to prevent work disruptions, plan to upgrade all copies of QuickBooks and the company file during downtime. quickbooks 2012: the missing manual Converting from Another Program to QuickBooks Converting from Another Program to QuickBooks If you launched your small business from your basement and kept your records with Quicken Home & Business, your accountant has probably recommended that you make the leap to QuickBooks.

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