Getting Started in QuickBooks

Before you Begin the Input of Customer Transactions

Before you Begin the Input of Customer Transactions

Yes, before you begin to enter in Customer transactions you need to set up some information in the List menu. You will find the List menu on your menu bar at the top of your QuickBooks Home page. After clicking on List it will open up a menu where you will see a number of names. The one that we will deal with at this time is the Item List. When opened, the Item List should show you a number...

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Setting up Bank Accounts and Opening Balances

Setting up Bank Accounts and Opening Balances

  The Opening Balances in QuickBooks relate to the Balance Sheet accounts. If you are starting somewhere in your fiscal year, say after the first quarter, then you will have to input those figures for all the accounts using a General Journal entry. I will first deal with using the account setup and opening balance features before addressing the journal entry. Bank Account – Now you may...

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Getting Started with QuickBooks Training – Part Three

Getting Started with QuickBooks Training – Part Three

  As we carry on from Part Two in Preferences we look at the remainder of these categories. Multiple Currencies – If you deal in other currencies such as U.S., Euros, etc. then you need to tag the button and answer yes. Your home currency will be Canadian and this now allows you to set up a U.S. bank account, customers and vendors. Payroll & Employees – a very...

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Getting Started with QuickBooks Training – Part Two

Getting Started with QuickBooks Training – Part Two

  You now have a company file, and are sitting at the Home page of QuickBooks. Take a long look at this page and familiarize yourself with it, because this is where you will always come back to if you get lost. Above the Home page you will also see an icon bar and above that, a grey line bar that starts with File. This is called the menu bar. The menu bar has many of the same commands...

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Getting Started With QuickBooks

Getting Started With QuickBooks

So you’ve made the decision after doing some research, costing, and considering the questions that I asked in my previous article. You have purchased the QuickBooks software from your local business supplies locations which might be Staples, London Drugs or from the Intuit Canada site itself. Before you install the software I have to ask you if your business will be collecting or paying...

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What Type of Business Can I Use QuickBooks For?

What Type of Business Can I Use QuickBooks For?

Before you going running down to the store to purchase this user friendly accounting software that everyone is raving about, you need to stop and think about your requirements from the business side. Are you in the service, retail, medical, manufacturing, construction, education, non-profit or exploration industries, because the list is extremely long? Does your business have a need to track...

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