Mastering QuickBooks 2024 - Fifth Edition: Bookkeeping with US QuickBooks Online for small businesses

Take control of your business finance by using QuickBooks Online for US for your accounting, budgeting, and reporting.

Key Features

• Learn to use QBO from scratch following professional CPA advice, accompanied with fully-updated instructions and screenshots
• Tailor QBO to your specific business needs with customization and integration
• Streamline your billing, expense tracking, and financial reporting

Book Description

In today’s competitive business landscape, efficient financial management is crucial for success. QuickBooks Online has emerged as the go-to accounting software for small businesses, offering a user-friendly platform to manage finances, track expenses, and gain valuable insights. This new edition will help you use QuickBooks Online from scratch and customize it to suit your small business needs. Written by accounting expert Crystalynn Shelton, it takes you on an in-depth journey, from setting up your account to mastering advanced features and customizations.

This book empowers you to conquer the latest features of QuickBooks Online 2024; overcome challenges encountered during migration from desktop to online; plan cash flow, profits, revenue with precision; and streamline billing, expense tracking, and financial reporting. As you progress, you’ll learn to manage sales tax, including how to set up, collect, track, pay, and report sales tax payments. You’ll explore how to export reports to Google Sheets, use the custom chart builder, import budgets, and perform smart reporting with with using data sync with Excel.. You’ll learn how to tailor QuickBooks Online to your specific business needs. By the end of the book, you’ll master the art of QuickBooks Online and take control of your business finances

What you will learn

• A crash course on basic accounting concepts
• Overcome challenges encountered during migration from QBD to QBO
• Record income and expenses, pay vendors, and manage payroll
• Streamline client billing with invoicing and quoting templates
• Use QuickBooks Online for tax filing and deadline management
• Plan cash flow, profits, and revenue with the Report Center
• Customize financial reports and sales forms for your requirements
• Calculate depreciation and automate workflows with QBO Advanced

Who this book is for

The book is for small business owners, bookkeepers, and accounting students who want to learn QuickBooks Online and understand how to implement it effectively. Whether you’re a bookkeeping beginner or have some experience already, this book will help you learn to use Intuit QuickBooks Online confidently.

Table of Contents

1. Getting Started with QuickBooks Online
2. Company File Setup
3. Migrating to QuickBooks Online
4. Customizing QuickBooks for Your Business
5. Managing Customer, Vendor, and Products and Services Lists
6. Managing Sales Tax
7. Recording Sales Transactions in QuickBooks Online
8. Recording Expenses in QuickBooks Online
9. Reconciling Uploaded Bank and Credit Card Transactions
10. Report Center Overview
11. Business Overview and Cash Flow Reports
12. Customer Sales Reports in QuickBooks Online
13. Vendor and Expenses Reports
14. Managing Employees and 1099 Contractors in QuickBooks Online
15. Closing the Books in QuickBooks Online
16. Handling Special/Transactions in QuickBooks Online
17. QuickBooks Online Advanced
18. Shortcut and Drives
19. Intuit QuickBooks Online Certified User Exam Objectives