Home Page Icon
Home Page
Table of Contents for
Mastering QuickBooks® 2022 - Third Edition
Close
Mastering QuickBooks® 2022 - Third Edition
by Crystalynn Shelton
Mastering QuickBooks® 2022 - Third Edition
Preface
Section 1: Setting Up Your Company File
Getting Started with QuickBooks Online
QuickBooks Online Advanced
Company File Setup
Migrating to QuickBooks Online
Customizing QuickBooks for Your Business
Managing Customer, Vendor, and Products and Services Lists
Section 2: Recording Transactions in QuickBooks Online
Managing Sales Tax
Recording Sales Transactions in QuickBooks Online
Recording Expenses in QuickBooks Online
Reconciling Downloaded Bank and Credit Card Transactions
Section 3: Generating Reports in QuickBooks Online
Report Center Overview
Business Overview Reports
Customer Sales Reports in QuickBooks Online
Vendor and Expenses Reports
Section 4: Managing Employees and Contractors
Managing Payroll in QuickBooks Online
Managing 1099 Contractors in QuickBooks Online
Section 5: Closing the Books and Handling Special Transactions
Closing the Books in QuickBooks Online
Handling Special Transactions in QuickBooks Online
Appendix
Other Books You May Enjoy
Index
Search in book...
Toggle Font Controls
Playlists
Add To
Create new playlist
Name your new playlist
Playlist description (optional)
Cancel
Create playlist
Sign In
Email address
Password
Forgot Password?
Create account
Login
or
Continue with Facebook
Continue with Google
Sign Up
Full Name
Email address
Confirm Email Address
Password
Login
Create account
or
Continue with Facebook
Continue with Google
Prev
Previous Chapter
Mastering QuickBooks® 2022 - Third Edition
Next
Next Chapter
Preface
Contents
Preface
Who this book is for
What this book covers
To get the most out of this book
Get in touch
Section 1: Setting Up Your Company File
Getting Started with QuickBooks Online
What is QuickBooks?
Exploring QuickBooks Online editions
Choosing the right QuickBooks Online edition
QBO Simple Start
QBO Essentials
QBO Plus
QBO Advanced
Creating a QuickBooks Online account
Navigating in QuickBooks Online
QuickBooks Online dashboard and left navigation bar
QuickBooks Online icons
QuickBooks Online menus
Small business bookkeeping 101
Recording sales
Recording expenses
Recording inventory and fixed asset purchases
Recording liabilities
Understanding the chart of accounts
Choosing an accounting method
Understanding how double-entry bookkeeping works
Summary
QuickBooks Online Advanced
Accessing the QBO Advanced test drive account
Setting up customized fields
Managing customized user permissions
Using workflow automation
Importing invoices and budgets into QuickBooks Online
Importing budgets into QuickBooks Online
Batch-creating invoices in QuickBooks Online
Smart Invoicing
Reclassify transactions
Custom reminders
DocuSign integration
Using online backup and restore
Utilizing the performance center and custom charts
Fathom reporting app
Priority Circle membership
Summary
Company File Setup
Key information and documents required to complete the company file setup in QuickBooks Online
Setting up company preferences in QuickBooks Online
Company settings
Billing & Subscription settings
Usage settings
Sales settings
Expenses settings
Payment settings
Advanced settings
Summary
Migrating to QuickBooks Online
Questions to ask yourself in preparation for data conversion
Choosing your QuickBooks start date
Converting from another accounting software or Excel to QBO
Recording details of historical data in QBO
Importing data into QBO
Recording a summary journal entry of historical data in QBO
Reasons not to convert from QuickBooks Desktop to QBO
Functionality not available in QBO
QuickBooks Desktop data that will not convert to QBO
Converting QuickBooks Desktop data to QBO
Checking the target count
Creating a QBO account
Backing up your QuickBooks Desktop file
Checking for updates
Running the QuickBooks Desktop conversion to QuickBooks Online tool
Logging in to QBO
Verifying that all of your data was converted
Summary
Customizing QuickBooks for Your Business
Customizing the chart of accounts list
Adding a new account to the chart of accounts list
Importing a chart of accounts list
Editing accounts on the chart of accounts list
Inactivating an account on the chart of accounts list
Reactivating an account on the chart of accounts list
Merging accounts in QuickBooks Online
Connecting bank accounts to QuickBooks Online
Importing banking transactions automatically
Uploading banking transactions from an Excel CSV file
Connecting credit card accounts to QuickBooks Online
Importing credit card transactions automatically
Uploading credit card transactions from an Excel CSV file
Giving other users access to your QuickBooks data
Standard user
Company administrator
Reports-only user
Time tracking user
Accountant user
Summary
Managing Customer, Vendor, and Products and Services Lists
Managing customer lists in QuickBooks Online
Manually adding customers in QuickBooks Online
Importing customers into QuickBooks Online
Making changes to existing customers in QuickBooks Online
Inactivating customers in QuickBooks Online
Merging customers in QuickBooks Online
Managing vendor lists in QuickBooks Online
Manually adding vendors in QuickBooks Online
Importing vendors into QuickBooks Online
Making changes to existing vendors in QuickBooks Online
Inactivating vendors in QuickBooks Online
Merging vendors in QuickBooks Online
Managing products and services lists in QuickBooks Online
Manually adding products and services in QuickBooks Online
Importing products and services in QuickBooks Online
Making changes to existing products and services in QuickBooks Online
Inactivating products and services in QuickBooks Online
Merging products and services in QuickBooks Online
Summary
Section 2: Recording Transactions in QuickBooks Online
Managing Sales Tax
Setting up sales tax in QuickBooks Online
Creating an invoice that includes sales tax
Sales tax reports
Paying sales tax when it comes due
Summary
Recording Sales Transactions in QuickBooks Online
Understanding sales forms
Recording income using a sales receipt
Recording income using a deposit
Recording income using a sales invoice
Recording customer payments
Recording payments to the undeposited funds account
Issuing credit memos and refunds to customers
Summary
Recording Expenses in QuickBooks Online
Entering and paying bills
Entering bills into QuickBooks Online
Entering vendor credits into QuickBooks Online
Paying bills in QuickBooks Online
Managing recurring expenses
Writing checks
Printing checks
Editing, voiding, and deleting expenses
Capturing and categorizing receipts and bills
Summary
Reconciling Downloaded Bank and Credit Card Transactions
Overview of the Banking Center
Matching transactions
Editing banking transactions
Understanding bank rules
How do you want to apply this rule?
Reconciling accounts
Summary
Section 3: Generating Reports in QuickBooks Online
Report Center Overview
Navigating the report center
Reports available in the report center
Customizing reports
General report customizations
Row and column report customization
Using filters to customize reports
Header and footer report customization
Saving a customized report
Exporting reports
Exporting reports to Excel
Exporting reports to PDF
Sending reports via email
Summary
Business Overview Reports
Understanding profit and loss statements
Generating balance sheet reports
Understanding the statement of cash flows
Creating a budget
Using the Cash Flow planner
Generating the Audit Log report
Summary
Customer Sales Reports in QuickBooks Online
Generating an accounts receivable aging report
Generating an open invoices report
Generating a sales by client report
Generating a sales by product/service report
Summary
Vendor and Expenses Reports
Generating an accounts payable (A/P) aging report
Generating an unpaid bills report
Generating an expenses by vendor summary report
Generating a bill payments report
Summary
Section 4: Managing Employees and Contractors
Managing Payroll in QuickBooks Online
Setting up payroll
Payroll setup checklist and key documents
Setting up payroll in QBO
Running payroll
Generating payroll reports
Filing payroll tax forms and payments
Summary
Managing 1099 Contractors in QuickBooks Online
Setting up 1099 contractors
Tracking and paying 1099 contractors
1099 year-end reporting
Summary
Section 5: Closing the Books and Handling Special Transactions
Closing the Books in QuickBooks Online
Reviewing a checklist for closing your books
Reconciling all bank and credit card accounts
Making year-end accrual adjustments
Reviewing new fixed asset purchases and adding them to the chart of accounts
Making depreciation journal entries
Taking physical inventory and reconciling this with your books
Adjusting retained earnings for owner/partner distributions
Recording journal entries
Setting a closing date and password
Preparing key financial reports
Giving your accountant access to your data
Summary
Handling Special Transactions in QuickBooks Online
Using apps in QuickBooks Online
Overview of the QuickBooks App Center
Finding apps for your business
Managing credit card payments
Customizing sales templates
Setting up business loans and lines of credit
Adding a business loan or line of credit to the chart of accounts
Making payments on a loan or line of credit
Managing petty cash
Adding a petty cash account in QuickBooks
Recording petty cash transactions
Replenishing petty cash
Reconciling petty cash
Recording bad debt expense
Creating a bad debt item
Creating a credit memo
Applying a credit memo to an outstanding customer invoice
Tracking delayed charges and credits
Summary
Appendix
Shortcuts and Test Drive
QuickBooks Online keyboard shortcuts
QuickBooks Online test drive
Discount on a QuickBooks Online account
QuickBooks Certified User Exam Objectives
Other Books You May Enjoy
Index
Landmarks
Cover
Index
Add Highlight
No Comment
..................Content has been hidden....................
You can't read the all page of ebook, please click
here
login for view all page.
Day Mode
Cloud Mode
Night Mode
Reset