A Beginners Guide to QuickBooks Online: A Comprehensive Step-by-Step Guide for Small Businesses and Nonprofits
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About this ebook
- A Detailed Guide for QuickBooks Online Setup.
- The key distinctions between QuickBooks Desktop and QuickBooks Online, along with the benefits of choosing the latter over the former.
- A guide to creating a personalized QuickBooks experience.
- Information on connecting your bank and credit card accounts, entering business data, and setting up the QuickBooks Online software.
- Information about all there is to know about bills, including how to log, track, categorize, and pay them.
- And more!
Scroll up and click on "Buy now" to start your journey to QuickBooks Online mastery!
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A Beginners Guide to QuickBooks Online - Trevor G. Coffman
INTRODUCTION
QuickBooks Online is commonly used by finance professionals, office employees, business owners, companies, and others to expedite daily operations.
This QuickBooks Online book will assist you on how you can use the QuickBooks Online software to oversee your business or company's finances. Lots of startups have profited from this effective financial management application, assisting them to manage their accounts. There is absolutely no better opportunity to brush up on QuickBooks skills than right now, when the cloud based option is overtaking the desktop version.
You will acquire practical experience using QuickBooks Online's main features while exploring how to create reports, track accrued expenses, inventories, accounts payable, and much more.
You also can create reports, receipts, and invoices with QuickBooks Online. Even if you are unfamiliar with QuickBooks or you just want to quickly refresh on what you have learned about QuickBooks Online. This book will give you the skills you will need to manage the financial reporting for your organization, through the convenience and simplicity of this online application.
The things you will learn in this book includes: how you can use QuickBooks Online to manage your businesses, how you can create chart of accounts, reconcile credit card, build estimates, how you can generate, create and print reports, receipts and invoices, acquire the knowledge in tracking payments, inventories, and accounts payable.
CHAPTER 1: WHAT IS QUICKBOOKS ONLINE?
An Accounting application, which is cloud-based such as the QuickBooks Online software, will help you in keeping track of your expenses, earnings and also your business's or firm's financial status. This application can be used to pay bills, generate reports, create invoices, carry out filing of taxes, etc.
The user interface of the QuickBooks Online software is user friendly and perfect for both business owners and freelancers. You will come to appreciate the simplicity of working with this accounting software even as a business owner without experience in finance or accounting. You will enjoy a wide range of advantages of the QuickBooks Online application, such as simple access to your financial statements, readily available templates, an intuitive interface, and many others.
How QuickBooks Online Works?
You have the option of signing up for QuickBooks Online on a yearly or monthly subscription, and you will get access to essential QBO features which will be perfect for your business.
The QuickBooks Online program was created for small-to-medium-sized business owners or freelancers. QuickBooks Online is compatible with various software applications and programs from Intuit, as well as other sources. Examples of these software programs include TurboTax, which is used to create individual tax returns, and ProConnect, which is a tax program created for professional accounting.
There are integrated apps available for managing donations, payments, donation schedules, documents, and inventory. These integrated tools enable users to oversee and handle a variety of business operations.
To determine whether your business needs the software, you can take advantage of a free Thirty-day trial of QuickBooks Online.
Various QuickBooks Online Plan and their Features
There are five QuickBooks Online plans, and they are; Advanced Plan, Essential Plan, Plus Plan, Self-Employed Plan and Simple Start Plan. These plan features differ and they are used for different purposes.
Advanced Plan
A developing organization with a highly advanced workflow will certainly benefit from the Advanced Plan. In order to protect your account, this plan also offers great protective measures such as multi-factor authentication. You can work more efficiently with the QuickBooks Online Advanced Plan; You can import or send bulk checks, expenses, invoices and much more by using its simpler invoicing software.
Users can also keep tabs on every major income generator by tracking every revenue source from the dashboard. You can find the factors that influence your company's cash flow by examining and evaluating cash flow statistics only within the QuickBooks Online Advanced plan. Due to the personalized and automated workflows, it minimizes the probability of having