QUICKBOOKS

QuickBooks is a comprehensive accounting management system used by most businesses across the world. The software helps in tracking sales, creating and sending invoices. Also, the software has cloud-based memory for storing data. The software is easy to use once you get to know all its features like payment reminders, auto banking solutions.

Features of Quickbooks

• Access accounts from anywhere on the internet devices like smartphone, tablet and manage your business working at your fingertips.

• Create personal invoices, sales receipts and estimates.

• Integrate online banking system and bank accounts with quickbooks and do transactions, view statements.

Quickbooks Software Table of Content

 

CREATING COMPANY PROFILE

• Select Date

• Fill Information

• Create Account

• Setting Company Lists

• Enter Opening Balances

• Set Payroll

• Enter Optional Adjustments

• Customize Preferences

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HISTORICAL TRANSACTIONS

• Over viewing historical transactions

• Making A/R transaction entry

• Making A/P transaction entry

• Changing start date

 

LISTS

• List types

• Editing and Deleting item list

• Speeding up data entry

• Adding customized fields

• List organized

• Emailing list

 

ACCOUNTS CHART

• Overview chart accounts

• Adding new accounts

• Entering opening balances for accounts in use

• Editing opening balances

• Editing account information

• Deleting account

• Using account numbers

• Organizing chart of accounts

• Changing account’s color

• Merging existing accounts

• Printing

 

PRODUCTS AND SERVICES ITEMS

• Overview

• Creating Item

• Businesses Tips

• Using sub items

• Item Reporting

• Information Editing

• Deletion of items

• Changing prices

 

SALES TRACKING

• Sales forms

• Sales transaction entry

• Working with sales transactions

• Sales forms customization

• Emailing sales form

• Actual time and costs charge

• Making daily sales summary

• Finance charge assessment

• Billing statement

• Estimates usage

• Q & A on sales forms

 

RECEIVING AND DEPOSITING PAYMENTS

• Invoice or payment statement recording

• Overpayments, down payments, overpayments

• Retainers

• Correcting a payment application

• Payment depositing

• Recording returns

• Bounced check handling

• Q & A on payments.

 

INVENTORY

• Viewing order items

• Receiving inventory item

• Using inventory register

• Viewing average cost of inventory

• Adjusting value and quantity

• Vendor returning items

• Inventory reports

• Sales tax track and pay

• Sales tax overview

• Turning on sales tax

• Creating tax groups

• Editing sales tax item

• Assigning taxes

• Marking taxable items

• Sales tax to invoice or cash sale

• Non-taxable sales

• Unusual tax situations

• Keeping track of sales tax

• Paying sales tax

 

ACCOUNTS RECEIVABLE MANAGEMENT

• Seeing accounts receivable register

• Seeing customer register

• Editing transactions in A/R register

• Opening balance changes

• A/R transaction history

• Viewing quick report

• Viewing A/R reports and graphs

 

BILLS

• Overviewing bills

• Bill entry

• Paying bills

• Seeing bill payment

• Bill and payment editing

• Deleting Bills and payment

• Bill paying notification

• Vendor Credit entry

• Q & A about Bills

 

ACCOUNTS PAYABLE MANAGEMENT

• Seeing accounts payable register

• Editing transactions

• Seeing history

• Seeing vendor report

• A/P reports and graphs

 

MANAGING CHECKBOOK

• Overviewing checks

• Check entry

• Check edits

• Voiding checks

• Check deletion

• Depositing funds in accounts

 

CREDIT CARD TRANSACTIONS

• Overviewing credit card details

• Making credit card entry

• Editing credit card transaction

• Paying/Reconciling credit card statement

 

PURCHASE ORDERS

• Overviewing purchase orders

• Turning the purchase order feature

• Purchas order customizations

• Purchase order entry

• Seeing purchase orders

• Purchase order items receiving

• Purchase order closing

• Printing purchase orders

 

ACCOUNT REGISTERS  

• Overviewing Account register

• Opening account register

• Making transaction entry in register

• Finding particular transaction

 

ASSETS, EQUITIES AND LIABILITIES 

• Overviewing assets

• Adding fixed assets and depreciation

• Fixed assets selling

• Thefts, loses of fixed asset record

• Asset Purchase

• Overview of liability

• Money borrowed

• Loan adding to your chart

• Loan payment tracker

• Overviewing equity

• Profit distribution

• Opening balance money transfer

• Owner’s draw recording

• Capital investment recording

 

ACCOUNT RECONCILIATION

• Overview of Accounts

• Account Balancing

• Account Reconciling

• Transaction Marking

• Reconciliation completion

• Credit card reconciling statement

• Correcting differences

 

TIME TRACKING

• Overview of time tracking

• Preference of time tracking

• Weekly filing of timesheet

• Single activity entry

• Invoicing

• Report

 

PAYROLL

• Learning about Payroll services

• Setting up payroll

• Setting employee earning

• Tracking accruing hours

• Setting up payroll schedules

• Learning about payroll running

• Learning about payroll liability

• Tracking time and using it for payroll

 

REPORTS, GRAPHS, BUDGETS

• Report preference set ups

• Report creation

• Reports customization

• Report data filtration

• Report exporting to excel

• Report recall

• Q & A about reports, graphs and budgets