Quickbooks 2022 all-in-one for dummies / Stephen L Nelson.

Format:

Book

Author/Creator:

Nelson, Stephen L., 1959- author.

Language:

English

Subjects (All):

QuickBooks.

Small business--Accounting--Computer programs.

Small business.

Small business--Finance--Computer programs.

Physical Description:

1 online resource (643 pages)

Edition:

1st edition.

Place of Publication:

Indianapolis, Indiana : John Wiley & Sons Inc., [2021]

Summary:

The soup-to-nuts QuickBooks reference that will make your small business life so much simpler! QuickBooks makes it quick to do your books, and QuickBooks 2022 All-in-One For Dummies makes it easy. The leading small business accounting software will become your best friend, helping you cut costs (no more expensive financial services) and save time, with all your accounting and payroll info in one place. With this value-priced, bestselling reference, you've got access to 8 mini-books that give you the answers you need to make running a small business that much more manageable. Inside, you'll discover the key features of QuickBooks, plus refresh your memory on double-entry bookkeeping and all the other basics of small business accounting. This jargon-free guide shows you, step-by-step, how to plan your perfect budget, simplify tax returns, manage inventory, create invoices, track costs, generate reports, and accurately check off every other financial task that comes across your desk! Get the most out of QuickBooks 2022, including all the latest features and updates Sharpen your finance and accounting know-how with a friendly rundown of the must-knows Keep yourself in business with a solid budget, a world-class business plan, and clean payroll Take the headache out of tax time with QuickTime's automated tax preparation QuickBooks All-in-One 2022 For Dummies is the trusted go-to that will save you time and allow you to focus on the business of running your small business!.

Contents:

Intro

Title Page

Copyright Page

Table of Contents

Introduction

About This Book

Foolish Assumptions

Icons Used in This Book

Beyond the Book

Where to Go from Here

Book 1 An Accounting Primer

Chapter 1 Principles of Accounting

The Purpose of Accounting

The big picture

Managers, investors, and entrepreneurs

External creditors

Government agencies

Business form generation

Reviewing the Common Financial Statements

The income statement

Balance sheet

Statement of cash flows

Other accounting statements

Putting it all together

The Philosophy of Accounting

Revenue principle

Expense principle

Matching principle

Cost principle

Objectivity principle

Continuity assumption

Unit-of-measure assumption

Separate-entity assumption

A Few Words about Tax Accounting

Chapter 2 Double-Entry Bookkeeping

The Fiddle-Faddle Method of Accounting

How Double-Entry Bookkeeping Works

The accounting model

Talking mechanics

Almost a Real-Life Example

Recording rent expense

Recording wages expense

Recording supplies expense

Recording sales revenue

Recording cost of goods sold

Recording the payoff of accounts payable

Recording the payoff of a loan

Calculating account balance

Using T-account analysis results

A Few Words about How QuickBooks Works

Chapter 3 Special Accounting Problems

Working with Accounts Receivable

Recording a sale

Recording a payment

Estimating bad-debt expense

Removing uncollectible accounts receivable

Recording Accounts Payable Transactions

Recording a bill

Paying a bill

Taking some other accounts payable pointers

Inventory Accounting

Dealing with obsolete inventory

Disposing of obsolete inventory

Dealing with inventory shrinkage

Accounting for Fixed Assets.

Purchasing a fixed asset

Dealing with depreciation

Disposing of a fixed asset

Recognizing Liabilities

Borrowing money

Making a loan payment

Accruing liabilities

Closing Out Revenue and Expense Accounts

The traditional close

The QuickBooks close

One More Thing . . .

Book 2 Getting Ready to Use QuickBooks

Chapter 1 Setting Up QuickBooks

Planning Your New QuickBooks System

What accounting does

What accounting systems do

What QuickBooks does

And now for the bad news

Installing QuickBooks

Dealing with the Presetup Jitters

Preparing for setup

Seeing what happens during setup

Running the QuickBooks Setup Wizard

Getting the big welcome

Supplying company information

Customizing QuickBooks

Setting your start date

Reviewing the suggested chart of accounts

Adding your information to the company file

Customers, vendors, and employees

Services and inventory items you sell

Business bank accounts

Identifying the Starting Trial Balance

A simple example to start

A real-life example to finish

Chapter 2 Loading the Master File Lists

Setting Up the Chart of Accounts List

Setting Up the Item List

Working with the Price Level List

Using Sales Tax Codes

Setting Up a Payroll Item List

Setting Up Classes

Setting Up a Customer List

Setting Up the Vendor List

Setting Up a Fixed Assets List

Setting Up a Price Level List

Setting Up a Billing Rate Level List

Setting Up Your Employees

Setting Up an Other Names List

Setting Up the Profile Lists

Chapter 3 Fine-Tuning QuickBooks

Accessing the Preferences Settings

Setting the Accounting Preferences

Using account numbers

Setting general accounting options

Setting the Bills Preferences

Setting the Calendar Preferences

Setting the Checking Preferences.

Changing the Desktop View

Setting Finance Charge Calculation Rules

Setting General Preferences

Controlling Integrated Applications

Controlling Inventory

Controlling How Jobs and Estimates Work

Dealing with Multiple Currencies

Starting Integrated Payment Processing

Controlling How Payroll Works

Telling QuickBooks How Reminders Should Work

Specifying Reports &amp

Graphs Preferences

Setting Sales &amp

Customers Preferences

Specifying How Sales Are Taxed

Setting the Search Preferences

Setting the Send Forms Preferences

Fine-Tuning the Service Connection

Controlling Spell Checking

Controlling How 1099 Tax Reporting Works

Setting Time &amp

Expenses Preferences

Book 3 Bookkeeping Chores

Chapter 1 Invoicing Customers

Choosing an Invoice Form

Customizing an Invoice Form

Choosing a template to customize

Reviewing the Additional Customization options

Moving on to Basic Customization

Working with the Layout Designer tool

Working with the web-based Forms Customization tool

Invoicing a Customer

Billing for Time

Using a weekly time sheet

Timing single activities

Including billable time on an invoice

Printing Invoices

Emailing Invoices

Recording Sales Receipts

Recording Credit Memos

Receiving Customer Payments

Assessing Finance Charges

Setting up finance-charge rules

Calculating finance charges

Using Odds and Ends on the Customers Menu

Chapter 2 Paying Vendors

Creating a Purchase Order

Creating a real purchase order

Using some purchase order tips and tricks

Recording the Receipt of Items

Simultaneously Recording the Receipt and the Bill

Entering a Bill

If you haven't previously recorded an item receipt

If you have previously recorded an item receipt

Paying Bills

Reviewing the Other Vendor Menu Commands.

Vendor Center

Sales Tax menu commands

Inventory Activities menu commands

Print/E-file 1099s

Item List

Chapter 3 Tracking Inventory and Items

Looking at Your Item List

Using the Item Code column

Using the Item List window

Using inventory reports

Adding Items to the Item List

Adding an item: Basic steps

Adding a service item

Adding an inventory part

Adding a noninventory part

Adding an other-charge item

Adding a subtotal item

Adding a group item

Adding a discount item

Adding a payment item

Adding a sales tax item

Setting up a sales tax group

Adding custom fields to items

Editing Items

Adjusting physical counts and inventory values

Adjusting prices and price levels

Using the Change Item Prices command

Using price levels

Enabling advanced pricing

Managing Inventory in a Manufacturing Firm

Handling manufactured inventory the simple way

Performing inventory accounting in QuickBooks

Managing multiple inventory locations

Chapter 4 Managing Cash and Bank Accounts

Writing Checks

Recording and printing a check

Customizing the check form

Making Bank Deposits

Transferring Money between Bank Accounts

Working with the Register

Recording register transactions

Using Register window commands and buttons

Using Edit Menu Commands

Reconciling the Bank Account

Reviewing the Other Banking Commands

Order Checks &amp

Envelopes command

Enter Credit Card Charges command

Bank Feeds command

Loan Manager command

Other Names list

Chapter 5 Paying Employees

Setting Up Payroll

Signing up for a payroll service

Setting up employees

Setting up year-to-date amounts

Checking your payroll setup data

Scheduling Payroll Runs

Paying Employees

Editing and Voiding Paychecks

Paying Payroll Liabilities.

Book 4 Accounting Chores

Chapter 1 For Accountants Only

Working with QuickBooks Journal Entries

Recording a journal entry

Reversing a journal entry

Editing journal entries

Updating Company Information

Working with Memorized Transactions

Reviewing the Accountant &amp

Taxes Reports

Creating an Accountant's Copy of the QuickBooks Data File

Creating an accountant's copy

Handling the accountant's copy manually

Sending the accountant's copy electronically

Using an accountant's copy

Reusing an accountant's copy

Exporting client changes

Importing accountant's changes

Canceling accountant's changes

Troubleshooting accountant's copy transfers

Using the Client Data Review Commands

Chapter 2 Preparing Financial Statements and Reports

Some Wise Words Up Front

Producing a Report

Working with the Report Window

Working with Report window buttons

Using the Report window controls

Modifying a Report

Using the Display tab

Using the Filters tab

Using the Header/Footer tab

Formatting fonts and numbers

Processing Multiple Reports

A Few Words about Document Retention

Chapter 3 Preparing a Budget

Reviewing Common Budgeting Tactics

Top-line budgeting

Zero-based budgeting

Benchmarking

Taking a Practical Approach to Budgeting

Using the Set Up Budgets Window

Creating a new budget

Working with an existing budget

Managing with a Budget

Some Wrap-Up Comments on Budgeting

Chapter 4 Using Activity-Based Costing

Reviewing Traditional Overhead Allocation

Understanding How ABC Works

The ABC product-line income statement

ABC in a small firm

Implementing a Simple ABC System

Seeing How QuickBooks Supports ABC

Turning On Class Tracking

Using Classes for ABC

Setting up your classes.

Classifying revenue amounts.

Notes:

Description based on print version record.

ISBN:

9781119817239

1119817234

9781119817222

1119817226

OCLC:

1285167272