David H. Ringstrom - QuickBooks Online For Dummies (For Dummies (Computer/Tech))

QuickBooks Online For Dummies, 7th Edition

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Copyright 2022 by John Wiley & Sons, Inc., Hoboken, New Jersey

Published simultaneously in Canada

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Library of Congress Control Number: 2022930197

ISBN: 978-1-119-81727-7 (pbk); 978-1-119-81728-4 (ebk); 978-1-119-81729-1 (ebk)

1. Chapter 2
2. Chapter 8
3. Appendix A

1. Chapter 1
2. Chapter 2
3. Chapter 3
4. Chapter 4
5. Chapter 5
6. Chapter 6
7. Chapter 7
8. Chapter 8
9. Chapter 9
10. Chapter 10
11. Chapter 11
12. Chapter 12
13. Chapter 13
14. Chapter 14
15. Chapter 15
16. Chapter 16
17. Chapter 17
18. Chapter 18

I get it: Small-business owners have many other things theyd rather be doing with their time than accounting. Were legally mandated to maintain a set of accounting records for our businesses, so avoidance isnt an option but working smarter is. This book will help you get there. Whats more, certain tasks, such as reporting earnings and paying employees, are markedly more difficult if you dont use accounting software.

Accounting programs such as QuickBooks Online help take the pain out of accounting, and in some cases, they even make it easy. In this book, I explore QuickBooks Online, which is aimed at business users, and QuickBooks Online Accountant (QB Accountant), which is aimed at you guessed it accountants and bookkeepers. Both programs are web-based products that offer mobile versions, so your accounting records are at your fingertips no matter which device you have at hand. The benefit of an online accounting system such as QuickBooks is that it enables you to access your books from anywhere and share access with your accountant as well. QB Accountant helps accountants streamline various aspects of supporting multiple clients who use QuickBooks Online.

Intuit, the maker of QuickBooks Online and QB Accountant, also offers QuickBooks Desktop, which is a version of the software that you must purchase a license for and then install on individual computers. In the appendix, I discuss migrating QuickBooks Desktop to QuickBooks Online. But if youre looking for a QuickBooks Desktop reference, please get a copy of Stephen L. Nelsons QuickBooks All-in-One For Dummies 2022 (John Wiley & Sons, Inc.).

Everything that can be done in QuickBooks Online can be accomplished in QB Accountant as well. QB Accountant offers additional tools that are useful to accountants who manage multiple clients and/or multiple companies. As youll see, QuickBooks Online requires a subscription fee for every set of books you want to maintain, whereas accountants get free access to QB Accountant for overseeing their clients books.

QuickBooks Online and QuickBooks Online Accountant arent for everyone. Before you commit to Intuits web-based solution, you need to explore the available editions and examine the requirements for the products. In that regard, Ive divided the book into five parts:

• , Getting Started with QuickBooks and QuickBooks Online Accountant, helps you get oriented within the respective environments.
• , Managing Your Books, covers the nuts and bolts of getting started with QuickBooks, establishing your books, and carrying out common accounting transactions.
• , Reporting and Analysis, shows you how to run reports within QuickBooks Online, and then how to crunch your numbers in Excel.
• , Working in QuickBooks Online Accountant. helps accountants set up shop in QB Accountant and explore the softwares accountant-specific features.
• , The Part of Tens, covers ten features of the Chrome browser that help you optimize your use of QuickBooks.

offers guidance on migrating to QuickBooks Online from QuickBooks Desktop.