1 Setting Up a Company. 2 Objective Using the EasyStep Interview.

Slides:

Advertisements

Similar presentations

Appendix C Special Journals and Subsidiary Ledgers.

Advertisements

Tracking and Paying Sales Tax Lesson Lesson objectives  To get an overview of sales tax in QuickBooks (the steps involved in tracking, collecting,

1 Getting Started Lesson 1. 2 Lesson Objectives To gain an overview of the course and the topics to be covered To know how QuickBooks works and how you.

Setting Up QuickBooks ® Lesson 2. 2 Lesson Objectives  To discuss decisions that must be made before using QuickBooks  To create a new QuickBooks company.

Vendors and Purchases Controlled Online Accounting.

CHAPTER 1. COMPUTER ACCOUNTING WITH QUICKBOOKS PRO 2009 WHY CHOOSE QUICKBOOKS?  3.5 million users  89% of small business accounting software sales.

Estimates and Sales Orders Chapter 8. PAGE REF #CHAPTER 8: Estimates and Sales Orders SLIDE # 2 Objectives Prepare Estimates Prepare Invoices from Estimates.

Inventory and Purchase Orders. 2 Objectives 1. Activate the Inventory function 2. Set up Inventory Items in the Item list 3. Use QuickBooks to calculate.

McGraw-Hill/Irwin Introduction to QuickBooks Pro, 2004 © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter 4 Bank Reconciliation.

Accounting for a Service Company.  Record Transactions  Prepare a Trial Balance  Make Adjusting Entries  Prepare an Adjusted Trial Balance  Financial.

2013.  Reconcile your checking account  Create bank reconciliation reports  Find errors during reconciliation  Correct errors found during reconciliation.

People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.

1 Setting Up Inventory Lesson Lesson objectives To get an overview of inventory in QuickBooks To practice filling out a purchase order for inventory.

2013.  Modify QuickBooks Preferences  Customize QuickBooks Menus and Windows  Customize the Icon Bar and Display Settings  Use the Item List and Other.

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011 CHAPTER 10.

People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.

May 20, 2009 Living the Dream- Live E-Seminar / Conference Call Saving Time and Money With Good Bookkeeping Skills, QuickBooks Tutorial and More Hosts:

Getting Started Lesson 1. 2 Lesson Objectives  To gain an overview of the course and the topics to be covered  To know how QuickBooks works and how.

Chapter 12 Posting to General and Subsidiary Ledgers.

2012.  Perform a Complete Company File Setup using the 12-step process  Choose a Start Date  Use the EasyStep Interview to setup your Company File.

Doing Payroll With QuickBooks Lesson Lesson objectives  To gain an overview of payroll in QuickBooks  To learn more about payroll setup  To set.

People © 2013 The Sleeter Group All rights reserved. Intuit, the Intuit logo and QuickBooks, among others, are registered trademarks of Intuit Inc. Other.

Setting Up Inventory Lesson Lesson objectives  To get an overview of inventory in QuickBooks  To practice filling out a purchase order for inventory.

Doing Payroll With QuickBooks Lesson Lesson objectives  To gain an overview of payroll in QuickBooks  To learn more about payroll setup  To set.

C OMPUTER A CCOUNTING WITH Q UICK B OOKS 2013 C HAPTER 10 Donna Kay.

Analyzing Financial Data Lesson 9. 2 Lesson objectives  To discuss some of the tools QuickBooks gives you for analyzing financial data: QuickReports,

Slideshow 2 Setting Up Bank Services, Tax Services and Schedule Codes.

2012.  Set up vendors in the Vendor list  Understand how to use classes in QuickBooks  Use QuickBooks for job costing  Enter expense transactions.

C OMPUTER A CCOUNTING WITH Q UICK B OOKS 2013 C HAPTER 10 Donna Kay Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.

Entering and Paying Bills Lesson 8. 2 Lesson objectives  To discuss the different ways you can handle bills in QuickBooks  To learn how to enter a bill.

Detailed Start EasyStep Interview QuickBooks Setup Create Company File Create Chart of Accounts Vendor Center Vendor Center Customer Center Customer Center.

Getting Started Lesson 1. 2 Lesson Objectives  To gain an overview of the course and the topics to be covered  To know how QuickBooks works and how.

Using Quickbooks to Record Business Transactions.

Pass-Throughs Chapter 1. PAGE REF #CHAPTER 1: PassThroughs SLIDE # 2 Objectives What makes an expense Billable, Not Billable, or Billed How to record.

Chapter 1 Page ref. Chapter 1 Company File Setup and Maintenance 1.

Payroll Processing Chapter 7. PAGE REF #CHAPTER 7: Payroll Processing SLIDE # 2 2 Objectives Update your Payroll Tax Tables Create Paychecks and override.

Chapter 1 Page ref. Chapter 1 Pass-Throughs 1. Chapter 1 Page ref. Objectives 1. What makes an expense Billable, Not Billable, or Billed 2. How to record.

Managing Expenses Chapter 3. PAGE REF #CHAPTER 3: Managing Expenses SLIDE # 2 Objectives Set up vendors in the Vendor list Understand how to use classes.

Chapter 7 Analysis and Reports− End of Fourth Quarter and Year Copyright ©2017 by McGraw-Hill Education. All rights reserved. 1 of 14.

Review Final Exam Jason Wu January 22, 2014 CAC205-D3 Computerized Accounting.

Bank Reconciliation Chapter 4. PAGE REF #CHAPTER 4: Bank Reconciliation SLIDE # 2 Objectives Reconcile your checking Create bank reconciliation reports.

Chapter 2 Page ref. Chapter 2 Time Tracking 37. Chapter 2 Page ref. Objectives 1. Activate Time Tracking 2. Use QuickBooks timesheets to enter time for.

Company File Setup and Maintenance Chapter 6. PAGE REF #CHAPTER 6: Company File Setup and Maintenance SLIDE # 2 2 Objectives Use the EasyStep Interview.

COPYRIGHT © 2007 Thomson South-Western, a part of The Thomson Corporation. Thomson, the Star logo, and South-Western are trademarks used herein under license.

Time Tracking Chapter 5. PAGE REF #CHAPTER 5: Time Tracking SLIDE # 2 Objectives Activate Time Tracking Use QuickBooks timesheets to enter time for each.

1 Working with Multiple Currencies Lesson Lesson Objectives To set up a QuickBooks company file to use multiple currencies To perform a transaction.

Chapter 2 Page ref. Chapter 2 Customizing QuickBooks 53.

Inventory Chapter 3. PAGE REF #CHAPTER 3: Inventory SLIDE # 2 2 Objectives Activate the Inventory function Set up Inventory Items in the Item list Set.

Company File Setup and Maintenance Chapter 6. PAGE REF #CHAPTER 6: Company Setup SLIDE # 2 2 Objectives Use the EasyStep Interview to setup your company.

McGraw-Hill/Irwin Introduction to QuickBooks Pro, 2004 © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. Chapter 11 Customizing QuickBooks.

Entering and Paying Bills Lesson 8. 2 Lesson objectives  To discuss the different ways you can handle bills in QuickBooks  To learn how to enter a bill.

QuickBooks Structure By Richard Mross (208)

Linda Bliley, CMA, EA Bliley Tax and Accounting LLC

Getting Started Lesson 1.

Computer Accounting with QuickBooks 2015

Doing Payroll With QuickBooks

Setting Up Inventory Lesson 10.

Computer Accounting with QuickBooks 2015

Computer Accounting with QuickBooks 2015

Getting Started Lesson 1.

Computer Accounting with QuickBooks 2012 Chapter 10

Working with Multiple Currencies

How to Search Transactions in QuickBooks?

QuickBooks is a widely known and efficient accounting software which allows a user to create a new company file. This new company file can be created.

Using QuickBooks Pro for Accounting 2008 Glenn Owen

Customize Subaccounts Presentation

Express Start Chapter 7 New Company Setup – Express Start

QuickBooks - Jyoti Chandra Introduction

Computer accounting with quickbooks 2018

Presentation transcript:

1 Setting Up a Company

2 Objective Using the EasyStep Interview

3 Launching the EasyStep Interview 1. Select the File menu and then select New Company 2. The EasyStep Interview window appears 3. To navigate click Next or Prev 4. To exit the Interview and retain all changes, click Leave

4 Entering Opening Balances in the EasyStep Interview 1. During the EasyStep Interview, QuickBooks asks you to enter the opening balances for your customers (called Accounts Receivable - A/R) and vendors (called Accounts Payable - A/P) as of your start date 2. The following problems result from entering opening balances during the EasyStep Interview:  QuickBooks posts the opening balances to accounts called Uncategorized Income and Uncategorized Expenses 3. It is best not to enter Opening Balances for customers using the EasyStep Interview

5 Objective Adjusting Customer and Vendor Balances after using the EasyStep Interview

6 Adjusting Customer and Vendor Opening Balances after the EasyStep Interview 1. Each customer for whom you entered an opening balance will have an Invoice that you must either edit or replace  Edit the Item column to indicate the Items that you sold on the Invoice  Also, change the date to the original Invoice date and enter the Invoice number of the original Invoice 2. Similarly, each vendor for whom you entered an opening balance will have a Bill that you must either edit or replace

7 Objective Choosing a Start Date

8 1. Your start date is the day before you start using QuickBooks to track your daily transactions 2. It is also the date for which you have complete information for your opening balances 3. Best start dates  Calendar-Year Basis December 31  Fiscal Year basis Last day of fiscal year  For a new company First day of the business