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Running your own business is pretty cool, but when it comes to the financial side—accounts and payroll, for instance—it's not so cool! That's why millions of small business owners around the world count on QuickBooks to quickly and easily manage accounting and financial tasks and save big time on hiring expensive professionals.

In a friendly, easy-to-follow style, small business guru and bestselling author Stephen L. Nelson checks off all your financial line-item asks, including how to track your profits, plan a perfect budget, simplify tax returns, manage inventory, create invoices, track costs, generate reports, and pretty much any other accounts and financial-planning task that turns up on your desk!

  • Keep up with the latest QuickBooks changes
  • Use QuickBooks to track profits and finances
  • Balance your budget
  • Back up your data safely

The fully updated new edition of QuickBooks For Dummies takes the sweat (and the expense) out of cooking the books—and gives you more time to savor the results of your labors!

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Introduction
    1. About This Book
    2. Foolish Assumptions
    3. Icons Used in This Book
    4. Beyond the Book
    5. Where to Go from Here
  5. Part 1: Quickly into QuickBooks
    1. Chapter 1: QuickBooks: The Heart of Your Business
    2. Why QuickBooks?
    3. What Explains QuickBooks’ Popularity?
    4. What’s Next, Dude?
    5. How to Succeed with QuickBooks
    6. Chapter 2: The Big Setup
    7. Getting Ready for QuickBooks Setup
    8. Stepping through QuickBooks Setup
    9. The Rest of the Story
    10. Should You Get Your Accountant’s Help?
    11. Chapter 3: Populating QuickBooks Lists
    12. The Magic and Mystery of Items
    13. Adding Employees to Your Employee List
    14. Customers Are Your Business
    15. It’s Just a Job
    16. Adding Vendors to Your Vendor List
    17. The Other Lists
    18. Organizing Lists
    19. Printing Lists
    20. Exporting List Items to Your Word Processor
    21. Dealing with the Chart of Accounts List
  6. Part 2: Daily Entry Tasks
    1. Chapter 4: Creating Invoices and Credit Memos
    2. Making Sure That You’re Ready to Invoice Customers
    3. Preparing an Invoice
    4. Fixing Invoice Mistakes
    5. Preparing a Credit Memo
    6. Fixing Credit Memo Mistakes
    7. Printing Invoices and Credit Memos
    8. Sending Invoices and Credit Memos via Email
    9. Customizing Your Invoices and Credit Memos
    10. Chapter 5: Reeling in the Dough
    11. Recording a Sales Receipt
    12. Printing a Sales Receipt
    13. Special Tips for Retailers
    14. Correcting Sales Receipt Mistakes
    15. Recording Customer Payments
    16. Correcting Mistakes in Customer Payments Entries
    17. Making Bank Deposits
    18. Improving Your Cash Inflow
    19. Chapter 6: Paying the Bills
    20. Pay Now or Pay Later?
    21. Recording Your Bills by Writing Checks
    22. Recording Your Bills the Accounts Payable Way
    23. Paying Your Bills
    24. Tracking Vehicle Mileage
    25. Paying Sales Tax
    26. Chapter 7: Inventory Magic
    27. Setting Up Inventory Items
    28. When You Buy Stuff
    29. When You Sell Stuff
    30. How Purchase Orders Work
    31. Assembling a Product
    32. Time for a Reality Check
    33. Dealing with Multiple Inventory Locations
    34. The Lazy Person’s Approach to Inventory
    35. Chapter 8: Keeping Your Checkbook
    36. Writing Checks
    37. Depositing Money in a Checking Account
    38. Transferring Money between Accounts
    39. Working with Multiple Currencies
    40. To Delete or to Void?
    41. Handling NSF Checks from Customers
    42. The Big Register Phenomenon
    43. Chapter 9: Paying with Plastic
    44. Tracking Business Credit Cards
    45. Entering Credit Card Transactions
    46. Reconciling Your Credit Card Statement and Paying the Bill
    47. So What about Debit and ATM Cards?
    48. So What about Customer Credit Cards?
  7. Part 3: Stuff You Do from Time to Time
    1. Chapter 10: Printing Checks
    2. Getting the Printer Ready
    3. Printing a Check
    4. Printing a Checking Register
    5. Chapter 11: Payroll
    6. Getting Ready to Do Payroll without Help from QuickBooks
    7. Doing Taxes the Right Way
    8. Getting Ready to Do Payroll with QuickBooks
    9. Paying Your Employees
    10. Paying Payroll Liabilities
    11. Preparing Quarterly Payroll Tax Returns
    12. Filing Annual Returns and Wage Statements
    13. The State Wants Some Money Too
    14. Chapter 12: Building the Perfect Budget
    15. Is This a Game You Want to Play?
    16. All Joking Aside: Some Basic Budgeting Tips
    17. A Budgeting Secret You Won’t Learn in College
    18. Setting Up a Secret Plan
    19. Adjusting a Secret Plan
    20. Forecasting Profits and Losses
    21. Projecting Cash Flows
    22. Using the Business Planner Tools
    23. Chapter 13: Online with QuickBooks
    24. Doing the Electronic Banking Thing
    25. A Quick Review of the Other Online Opportunities
  8. Part 4: Housekeeping Chores
    1. Chapter 14: The Balancing Act
    2. Balancing a Bank Account
    3. Eleven Things to Do If Your Nononline Account Doesn’t Balance
    4. Chapter 15: Reporting on the State of Affairs
    5. What Kinds of Reports Are There, Anyway?
    6. Creating and Printing a Report
    7. Reports Made to Order
    8. Processing Multiple Reports
    9. Your Other Reporting Options
    10. Last but Not Least: The QuickReport
    11. Chapter 16: Job Estimating, Billing, and Tracking
    12. Turning On Job Costing
    13. Setting Up a Job
    14. Creating a Job Estimate
    15. Revising an Estimate
    16. Turning an Estimate into an Invoice
    17. Comparing Estimated Item Amounts with Actual Item Amounts
    18. Charging for Actual Time and Costs
    19. Tracking Job Costs
    20. Chapter 17: File Management Tips
    21. Backing Up Is (Not That) Hard to Do
    22. Using the Accountant’s Copy
    23. Working with Portable Files
    24. Using an Audit Trail
    25. Using a Closing Password
    26. Chapter 18: Fixed Assets and Vehicle Lists
    27. What Is Fixed-Assets Accounting?
    28. Fixed-Assets Accounting in QuickBooks
    29. Setting Up a Fixed Asset List
    30. Tracking Vehicle Mileage
  9. Part 5: The Part of Tens
    1. Chapter 19: Tips for Handling (Almost) Ten Tricky Situations
    2. Tracking Depreciation
    3. Selling an Asset
    4. Selling a Depreciable Asset
    5. Owner’s Equity in a Sole Proprietorship
    6. Owner’s Equity in a Partnership
    7. Owner’s Equity in a Corporation
    8. Multiple-State Accounting
    9. Getting a Loan
    10. Repaying a Loan
    11. Chapter 20: (Almost) Ten Secret Business Formulas
    12. The First “Most Expensive Money You Can Borrow” Formula
    13. The Second “Most Expensive Money You Can Borrow” Formula
    14. The “How Do I Break Even?” Formula
    15. The “You Can Grow Too Fast” Formula
    16. The First “What Happens If … ?” Formula
    17. The Second “What Happens If …?” Formula
    18. The Economic Order Quantity (Isaac Newton) Formula
    19. The Rule of 72
  10. Part 6: Appendixes
    1. Appendix A: Installing QuickBooks in Ten Easy Steps
    2. Appendix B: If Numbers Are Your Friends
    3. Keying In on Profit
    4. In the Old Days, Things Were Different
    5. What Does an Italian Monk Have to Do with Anything?
    6. Two Dark Shadows in the World of Accounting
    7. The Danger of Shell Games
    8. Appendix C: Sharing QuickBooks Files
    9. Sharing a QuickBooks File on a Network
    10. Installing QuickBooks for Network Use
    11. Setting User Permissions
    12. Specifying and Working in Multiuser Mode
  11. Index
  12. About the Author
  13. Advertisement Page
  14. Connect with Dummies
  15. End User License Agreement
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