How This Book Works


Each task is presented on one page or two facing pages, with step-by-step instructions in the left column and screen illustrations on the right. This arrangement lets you focus on a single task without having to turn the page.

Step-by-Step Instructions

This book provides concise step-by-step instructions that show you how to accomplish a task. Each set of instructions includes illustrations that directly correspond to the easy-to-follow steps. Also included in the text are timesavers, checklists, and sidebars to help you work more efficiently or to provide you with more in-depth information. A "Did You Know?" feature provides tips and techniques to help you work smarter, and a "See Also" feature directs you to other parts of the book containing related information about the task.

Organization of the Book

Show Me QuickBooks 2006 is arranged in chapters that correspond with various features of the program. Although every chapter might not apply to your business, there's ample information about the QuickBooks program throughout the book, along with cross-references to other areas of the book, so after you find the answer to one question, you will likely be led to related information.

By chapter, these are the topics covered in this book:

  • Chapter 1, "Setting Up Your Company Accounts with the EasyStep Interview" Chapter 1 provides information about working your way through the EasyStep Interview, what information you need to have on hand before you begin the interview, what areas of the interview you can skip now and complete after starting the program, and how you can leave the interview and return later.

  • Chapter 2, "Setting Up and Using Payroll Features" Learn how to set up your employees, activate payroll deductions, record vacation and sick pay, prepare paychecks, and pay payroll taxes. Whether you use QuickBooks for your payroll or not, you'll find useful information in this chapter about accounting for payroll taxes, distinguishing between employees and independent contractors, and issuing 1099 forms.

  • Chapter 3, "Adding or Changing Information After the Interview Is Completed" Whether you used the EasyStep Interview or not, there's bound to be more information you need to enter in your QuickBooks company file as time goes by. This chapter shows you how to set up new accounts, customers, vendors, and items and explains how to manage the lists the QuickBooks uses to organize all this information.

  • Chapter 4, "Invoicing and Collecting Income" Learn how to record your company's revenue-producing activities and keep track of customers. Use invoices, track accounts receivable, make deposits, give discounts, and communicate with your customers. Tips for all these tasks are provided here.

  • Chapter 5, "Making Purchases and Recording Payments" QuickBooks provides a place to record names and information about all your vendors and suppliers. Learn how to record purchase orders, enter bills, record receipts of items you've ordered, write checks, and use the check register.

  • Chapter 6, "Collecting and Paying Sales Tax" If your company sells items that are subject to sales tax, you need to keep track of the tax you collect and the taxable sales you make, and you need to pay that tax to the government. In addition, you need to know how to account for sales to tax exempt entities. Learn how to find the information you need to prepare your sales tax returns and pick up tips on recording sales tax discounts.

  • Chapter 7, "Using Time-Saving Features" QuickBooks has some great timesaving tools, such as reminders, memorized transactions, and scheduled transactions. Learn how to use these features and you'll be ready to leave work early.

  • Chapter 8, "Job Cost Estimating and Tracking" This chapter is for users of QuickBooks Pro, Premier, or Enterprise Solutions. These versions of QuickBooks provide you with the ability to create estimates, track jobs, and invoice based on the portion of the job that is completed.

  • Chapter 9, "Tracking Time" Here's another chapter for users of QuickBooks Pro, Premier, and Enterprise Solutions. These versions of the program are packaged with a separate timer program that enables you to turn your computer into a time clock and then export the time to QuickBooks where it flows right into the payroll component of the program and also can be billed directly to customers.

  • Chapter 10, "QuickBooks Tips and Tricks" Here's a catch-all chapter that contains a little bit of everything. Look here for information on spellchecking, creating and using budgets, working with classes, setting payment terms, customizing forms, making journal entries, and using QuickBooks to produce information that will make an auditor happy.

  • Chapter 11, "Using QuickBooks Online" Take advantage of the online features in QuickBooks, including online banking, saving your company information online, and using QuickBooks from remote locations.

  • Chapter 12, "Preparing Income Tax Returns" You might not enjoy the drudgery of preparing income tax returns for your company, but QuickBooks makes the process a whole lot easier by providing reports that detail all the information you need for your quarterly and annual tax forms. Whether your company is a corporation, partnership, not-for-profit, or proprietorship, you'll find the tax information you can produce will save you a lot of time when it comes to preparing information for the IRS.

  • Chapter 13, "Security" Let's face it; everyone needs to be careful in this era of hacking, identity theft, and vengeful employees. Take advantage of the high level of security offered by QuickBooks to protect your precious company financial information.

  • Chapter 14, "Using Inventory Features" QuickBooks offers many features to help you track your inventory and produce inventory reports. Learn how the inventory features work in QuickBooks and what features are going to help you keep track of inventory as it moves in and out of your company.

  • Chapter 15, "Recording Your Assets" Every company has assets. From bank accounts, inventory, and receivables, to buildings, computers, and furniture, there's plenty to keep track of. QuickBooks provides a complete asset record-keeping system that enables you to keep track of all the assets owned by your company.

  • Chapter 16, "Recording Owners' Equity" Just how much is your company worth? Learn how QuickBooks tracks the value of your company and figure out what you need to know about that pesky Opening Balance Equity account that QuickBooks insists on using.

  • Chapter 17, "Recording Liabilities" Keep track of what you owe and to whom. Manage your payables, and learn how QuickBooks records loans and tracks the portion of your loan payments that represents interest.

  • Chapter 18, "Preparing the Top Ten QuickBooks Reports" Everyone uses reports in QuickBooks. The reports summarize all the transactions you've entered in your QuickBooks company file and provide the information you need to judge your performance, attract investors, prepare for the future, pay your taxes, collect revenue, and pay your bills. Learn which reports are used frequently and how you can customize the QuickBooks reports so they provide you with just the information you want.




Show Me. QuickBooks 2006
Show Me QuickBooks 2006
ISBN: 0789735229
EAN: 2147483647
Year: 2005
Pages: 328
Authors: Gail Perry

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