QuickBooks Online For Dummies
This title covers the key features of QuickBooks Online, including subscribing to QuickBooks Online and getting started, populating QuickBooks lists, creating invoices and credit memos, recording a sales receipt, recording and paying bills, setting up inventory items, tracking business checkbook and credit cards, printing checks, processing payroll and preparing payroll tax returns, building a budget, balancing accounts, generating financial reports, job estimating, billing, and tracking, backing up your data, simplifying tax preparation, and more. Information is presented in the straightforward but fun language that has defined the Dummies series for twenty five years.
transactions that have occurred so far this year. If you’ve been in business since before the beginning of the year, enter $0 for your bank account’s balance. Then, ask your accountant for opening amounts for your balance sheet accounts as of December 31 of last year and enter these amounts by entering a journal entry: click the plus sign (+) icon and choose Journal Entry from the Other column in the list. The transactions you enter for the current year will ultimately affect your bank balance
. Click the New customer button in the upper right corner of the screen. QBO displays the Customer Information dialog box shown in Figure 4-2. Figure 4-1: Start from the appropriate page when you want to create a list entry for a new person. Figure 4-2: Use this dialog box to enter information for a new customer. Type the requested information. Click Save. QBO saves the customer and redisplays the Customers page. The new customer now appears in the list. You can make any list entry
Assigning a check to accounts or items When you write a check, you need to assign the expense for which you’re writing the check to either an account or an item, and you can assign one check to both accounts and items. Follow these steps to enter and print a check: On the Expense Transactions page, click the Create New button. From the list that appears, click Check. QBO displays the Check window shown in Figure 5-3. The window is divided into several sections: The Header section: Displays
Chrome to use QBO or QBOA. And, I’ll be repeating this warning again in this section because it’s important to the security of your financial data. If you want to sign in to Chrome, you need a Google account. If you have a Gmail email address, you already have an account, and you can skip the section, “Creating a Google account.” Creating a Google account If you don’t have a Google account, you can easily create one; creating a Google account automatically creates a Gmail email address and a
local computer about the Chrome user who signed in. On your own private computer, deleting all traces of the user who signed in, including the user profile, might be a bit more drastic than you want. You can opt to clear history separately and less drastically; see Chapter 17 for details on clearing history. But, if you’re working on a public computer, you should delete the user as well as the user’s settings. Follow these steps to sign out of Chrome: Click the Chrome Menu button to open the