By Capachietti, Leslie; Sandberg, Bobbi
Set up a whole small company monetary administration approach speedy and simply. Written by means of qualified QuickBooks ProAdvisors, QuickBooks® 2016: the easiest advisor for Small Business exhibits you ways to maximise the entire computer software’s robust features, together with the hot and better beneficial properties for 2016.
From processing invoices to handling payroll, you are going to find out how QuickBooks computer models assist you keep watch over your business’s monetary operations. Sprinkled in the course of the booklet are counsel for monitoring stock, tracking revenues, and lots more and plenty extra. furthermore, get ideas for operating with an accountant and organizing tax details. Run your corporation successfully and successfully utilizing the confirmed suggestions and worthy recommendation during this useful consultant to QuickBooks machine 2016
- Tailor QuickBooks computer to satisfy your organization needs
- Customize entries for purchasers and vendors
- Make goods paintings for you
- Control financial institution and bank card accounts
- Pay your staff and payroll taxes with ease
- Understand the integrated price range and making plans tools
- Manage stock to your company
- Protect your data
- Create dynamic reports
- Breeze via year-end and tax time
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Additional resources for QuickBooks 2016 : the best guide for small business
Sample text
Ask your tax preparer for this information. Gather all the information about your company’s liabilities (dollars you owe to others). If you have not paid your current payroll liabilities, for example, you must enter those unpaid amounts. Although the open vendor bills you enter determine your accounts payable balance automatically, you’ll need to know the current balance of any loans or mortgages as well. Check with your lender or tax preparer if you’re unsure of this information. Payroll Information If you do the payroll yourself instead of using a payroll service, you’ll need to know everything about each employee: social security number, all the information that goes into determining tax status (federal, state, and local), and which deductions are taken for health or pensions.
You can see current data, analyze that data, and perform tasks. QuickBooks centers are shown in Table 1-2. Center What It Contains Customer Center Open the Customer Center by selecting it from the Customers menu at the top of the QuickBooks window. Here you find everything you’d ever need to know about your customers, including your list of customers and all the information about each. You can also perform routine customerrelated tasks using the buttons at the top of the Customer Center window.
Assets, liabilities, income, and expenses, for example, are the account types most frequently used. ) As you enter a transaction, QuickBooks takes care of all the “behind-the-scenes” entries needed for the affected accounts. Assets Liabilities Equity Income Expenses Something your company owns Something your company owes to someone else Net worth of your business Also called revenue Funds you spend to operate your business. Generally, expenses are divided into two main categories: cost of goods sold (COGS) and general and administrative expenses.