Preface

Intuit QuickBooks is an accounting software package that helps small business owners manage all their bookkeeping tasks. Its complete range of accounting capabilities, such as tracking income and expenses, managing payroll, simplifying taxes, and accepting online payments, makes QuickBooks software a must-have for business owners and aspiring bookkeepers.

The goal of this book is to teach small business owners, bookkeepers, and aspiring accountants how to properly use QuickBooks Online. Using a fictitious company, we will demonstrate how to create a QuickBooks Online account; customize key settings for a business; manage customers, vendors, and products and services; enter transactions; generate reports; and close the books at the end of the period.

QuickBooks records debits and credits for you so that you don’t have to know accounting. However, we will show you what’s happening behind the scenes in QuickBooks so that you understand how your actions in QuickBooks impact financial statements. We will also provide tips, shortcuts, and best practices to help you save time and become a QuickBooks pro.

In this new edition, we’ve included bonus content that includes not only step-by-step instructions on nine additional topics, such as Small Business Bookkeeping 101, but also video tutorials to give you a live demonstration of the concepts taught.