QuickBooks 2010: The Missing Manual
QuickBooks 2010 has impressive features, like financial and tax reporting, invoicing, payroll, time and mileage tracking, and online banking. So how do you avoid spending more time learning the software than using it? This Missing Manual takes you beyond QuickBooks' help resources: you not only learn how the program works, but why and when to use specific features. You also get basic accounting advice so that everything makes sense.
QuickBooks can handle many of the financial tasks small companies face. QuickBooks 2010: The Missing Manual helps you handle QuickBooks with easy step-by-step instructions.
- Set up your QuickBooks files and preferences to fit your company
- Track inventory, control spending, run a payroll, and manage income
- Follow the money all the way from customer invoices to year-end tasks
- Export key snapshots in the convenient new Report Center
- Streamline your workflow with the new Online Banking Center
- Build and monitor budgets to keep your company financially fit
- Share information with your accountant quickly and easily
QuickBooks 2010: The Missing Manual covers only QuickBooks 2010 for Windows.
you order from a vendor—to buy office supplies. But if you want to track whether you receive the supplies you bought, you can create purchase orders for them (page 215). Then use Non-inventory Part items for supplies you add to purchase orders but don’t track as inventory. POWER USERS’ CLINIC Assembling Products In the Premier and Enterprise editions of QuickBooks, you can create an Inventory Assembly item (page 113) that gathers Inventory Part items into a new item that you sell as a whole. As
description into the “Description on Sales Transactions” box. If your customers wouldn’t recognize the description you use to buy the product, type a more customer-friendly description in this field. • Sales Price. In this field, type how much you charge for the product. Make sure that the Cost field uses the same units. For example, if you sell a bottle of merlot for $15, type 15 in this field and type the price you pay per bottle in the Cost field. • Tax Code. When you add an item to an
%” field takes their place. If you want to create a dollar charge (like the dollar value charge for a country club’s one-time initiation fee), type a whole or decimal number in this field. Note: When you add a percentage-based Other Charge item to an invoice, such as shipping, QuickBooks applies the percentage to the previous line in the invoice. If you want to apply the Other Charge percentage to several items, add a Subtotal item to the invoice before the Other Charge item. Subtotal You’ll
you go, on an invoice or other sales form, choose the Sales Tax item or group you want to assign to the customer. When you save the form, QuickBooks asks if you want to change the customer record to use that item. Click Yes. QuickBooks adds the Sales Tax item or group to the customer record, which means it’ll automatically appear in the Tax box the next time you create an invoice or other sales transaction for that customer. Hiding and Deleting Items Deleting items and hiding them are two
box opens with a trio of options for the different types of copies you can make. QuickBooks selects the “Backup copy” option automatically, which is what you want. (You’ll learn about the “Portable company file” option later in this chapter. See page 451 for more on accountant’s copies.) 3. With the “Backup copy” option selected, click Next. The next screen has options for saving your backup online or on your computer. 4. Select the “Local backup” option and then click Next. You can select the