QuickBooks 2023 all-in-one for Dummies / by Stephen L. Nelson ; with Christian Block.

Format:

Book

Contributor:

Block, Christian, contributor.

Series:

--For dummies.

For dummies

Language:

English

Subjects (All):

Small business--Accounting--Computer programs.

Small business.

Small business--Finance--Computer programs.

QuickBooks.

Physical Description:

1 online resource (643 pages)

Edition:

2nd edition.

Place of Publication:

Hoboken, N.J.: Wiley, c2023.

Hoboken, New Jersey : For Dummies, [2023]

Summary:

QuickBooks is the leading small business accounting software, designed to help you handle your financial and business tasks more effectively. QuickBooks 2023 All-in-One For Dummies answers all your QuickBooks questions, with 8 content-rich mini books in one complete package. You can get the most out of the latest QuickBooks release, thanks to this go-to reference covering account setup, double entry bookkeeping, invoicing customers, paying vendors, tracking inventory, creating a business plan, cloud storage, and everything else QuickBooks can do for you. Plus, you can access your information from any device with new online features, making it easy to manage your business on the go. Dummies walks you through everything, step by step. Small business owners, managers, and employees who use QuickBooks already or want to switch to the leading software package will find everything they need in QuickBooks 2023 All-in-One For Dummies.

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

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 . . .

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 and Graphs Preferences

Setting Sales and 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 and Expenses Preferences

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

Specifying header information

Specifying columns information

Specifying prog columns information

Specifying footer information

Specifying print information

Moving on to basic customization

Logo, please

Color you beautiful

Fiddle with invoice fonts

Specifying company and transaction information

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 window

Sales Tax menu commands

Inventory Activities menu commands

Print/E-file 1099s commands

Item List command

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

Creating a price level

Using a price level

Enabling advanced pricing

Managing Inventory in a Manufacturing Firm

Handling manufactured inventory the simple way

Performing inventory accounting in QuickBooks

Adding inventory assembly items

Recording manufacture or assembly of items

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

The Go To button

The Print button

The Edit Transaction button

The QuickReport button.

The Download Bank Statement button

The 1-Line check box

The Sort By list

Using the 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

Providing payroll and tax information

Providing other employment-related information

Setting up year-to-date amounts

Checking your payroll setup data

Scheduling Payroll Runs

Paying Employees

Editing and Voiding Paychecks

Paying Payroll Liabilities

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 and 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

Customize Report

Comment on Report

Share Template

Memorize

Print

E-mail

Excel

Hide Header

Collapse

Refresh

Using the Report window controls

Dates, From, and To

Show Columns

Sort By

Report Basis.

Modifying a Report.

Notes:

Description based on print version record.

Includes index.

Other Format:

Print version: Nelson, Stephen L. QuickBooks 2023 All-In-One for Dummies

ISBN:

9781119906155

1119906156

OCLC:

1352082610