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Stephen L. Nelson - QuickBooks 2012 All-in-One For Dummies

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Stephen L. Nelson QuickBooks 2012 All-in-One For Dummies
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A value-packed guide to the most popular accounting program for small businesses

QuickBooks is the leading small business accounting software package, designed to help users handle their financial and business management tasks more effectively. This value-priced reference combines eight content-rich minibooks in one complete package. It goes well beyond the basics of how to use QuickBooks by providing extensive coverage and expert advice on accounting chores, financial management, business planning, and much more. Thoroughly revised and updated to cover the latest QuickBooks updates and enhancements, this book is an indispensable tool for successfully managing business finances.

  • Helps you understand double entry bookkeeping, planning and preparing a QuickBooks accounting system
  • Explains how to invoice customers, pay vendors, track inventory, and manage cash and bank accounts
  • Details the steps to set up a do-it-yourself payroll, prepare financial statements...

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QuickBooks 2012 All-in-One For Dummies by Stephen L Nelson MBA CPA - photo 1

QuickBooks 2012 All-in-One For Dummies

by Stephen L. Nelson, MBA, CPA

QuickBooks 2012 All-in-One For Dummies Published by John Wiley Sons Inc - photo 2

QuickBooks 2012 All-in-One For Dummies

Published by
John Wiley & Sons, Inc.
111 River St.
Hoboken, NJ 07030-5774

www.wiley.com

Copyright 2012 by John Wiley & Sons, Inc.

Published by John Wiley & Sons, Inc., Hoboken, NJ

Published simultaneously in Canada

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Publisher. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.

Trademarks: Wiley, the John Wiley & Sons, Inc. logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Dummies Daily, The Fun and Easy Way, Dummies.com, Making Everything Easier, and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc., and/or its affiliates in the United States and other countries, and may not be used without written permission. All other trademarks are the property of their respective owners. John Wiley & Sons, Inc., is not associated with any product or vendor mentioned in this book.

Limit of Liability/Disclaimer of Warranty: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional person should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or Website is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or Website may provide or recommendations it may make. Further, readers should be aware that Internet Websites listed in this work may have changed or disappeared between when this work was written and when it is read.

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For technical support, please visit www.wiley.com/techsupport.

Wiley also publishes its books in a variety of electronic formats and by print-on-demand. Not all content that is available in standard print versions of this book may appear or be packaged in all book formats. If you have purchased a version of this book that did not include media that is referenced by or accompanies a standard print version, you may request this media by visiting http://booksupport.wiley.com. For more information about Wiley products, visit us at www.wiley.com.

Library of Congress Control Number: 2011943913

ISBN 978-1-118-09119-7 (pbk); ISBN 978-1-118-19927-5 (ebk); ISBN 978-1-118-19928-2 (ebk); ISBN 978-1-118-19933-6 (ebk)

Manufactured in the United States of America

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About the Author

Stephen L. Nelson is a CPA in Redmond, Washington. He provides accounting, business advisory, and tax planning and preparation services to small businesses such as manufacturers, retailers, professional service firms, and startup technology companies. He also teaches CPAs how to help their clients use QuickBooks more effectively.

Curiously enough, Nelson is also the most prolific computer book writer of all time, according to a recent feature in The Wall Street Journal. Hes also the bestselling author of books about how to use computers to manage personal and business finances. In fact, Nelsons 100-plus books have sold more than 5,000,000 copies in English and have been translated into more than a dozen other languages.

Steve holds a BS in accounting, an MBA in finance, and a Master of Science in Taxation. Hes been a CPA for 30 years. He used to work as a senior consultant with Arthur Andersen & Co. and was an Adjunct Professor of Tax at Golden Gate University, where he taught S corporation and LLC tax law. He also has been the controller and treasurer of a 50-person manufacturing firm and has run his own manufacturing firm. Steve is also the bestselling author of Quicken 2011 For Dummies and QuickBooks 2011 For Dummies (from Wiley).

Dedication

To the entrepreneurs and small-business people of the world. You folks create most of the new jobs.

Authors Acknowledgments

Okay, Im not going to make this an Academy Awardsstyle speech, but let me thank just a few people. First, I want to thank my business school and tax professors at Central Washington University, the University of Washington, and Golden Gate University. Next, thanks to the business clients whove given me the honor of working with them and teaching me about their businesses and industries. Finally, I want to thank all my friends and colleagues at John Wiley & Sons, who gave me the distinct honor of writing not only this book but also Quicken For Dummies (15 editions) and QuickBooks For Dummies (10 editions). I also want to say a specific thanks to Bob Woerner, my acquisitions editor; Linda Morris, my project and copy editor; and David Ringstrom, who performed the technical edit.

Publishers Acknowledgments

Were proud of this book; please send us your comments at http://dummies.custhelp.com. For other comments, please contact our Customer Care Department within the U.S. at 877-762-2974, outside the U.S. at 317-572-3993, or fax 317-572-4002.

Some of the people who helped bring this book to market include the following:

Acquisitions, Editorial, and Vertical Websites

Project Editor: Linda Morris

Executive Editor: Bob Woerner

Copy Editor: Linda Morris

Technical Editor: David Ringstrom

Editorial Manager: Jodi Jensen

Editorial Assistant: Amanda Graham

Sr. Editorial Assistant: Cherie Case

Cover Photos: JUNIPERIMAGES CORP/Fancy/Veer/Corbis

Cartoons: Rich Tennant (www.the5thwave.com)

Composition Services

Project Coordinator: Nikki Gee

Layout and Graphics: Corrie Socolovitch

Proofreader: Christine Sabooni

Indexer: BIM Indexing & Proofreading Services

Publishing and Editorial for Technology Dummies

Richard Swadley, Vice President and Executive Group Publisher

Andy Cummings, Vice President and Publisher

Mary Bednarek, Executive Acquisitions Director

Mary C. Corder, Editorial Director

Publishing for Consumer Dummies

Kathy Nebenhaus, Vice President and Executive Publisher

Composition Services

Debbie Stailey, Director of Composition Services

Introduction

F ew people read introductions to reference books, so Ill make this very brief. I just want to tell you which versions of QuickBooks this book works for, whats in the reference, what it assumes about your existing skills, and what conventions I use.

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