Customizing QuickBooks for Your Business

Whether you created your QuickBooks Online (QBO) account from scratch or transferred your details from another accounting software program, there are some additional areas that you need to set up to further customize QBO for your business.

In this chapter, we will show you how to add, edit, and delete accounts to customize the chart of accounts for your business. We will walk through the process of connecting your bank and credit card accounts to QBO so that transactions will automatically be downloaded. By connecting your bank accounts to QuickBooks, you will reduce, if not eliminate, the need to manually enter these transactions into QuickBooks.

Please note that uploading bank and credit card transactions to QBO does not record them in your books. You will need to review and record these transactions after they are uploaded. In Chapter 9, Reconciling Uploaded Bank and Credit Card Transactions, we will cover this in detail.

If...