COMPUTER ACCOUNTING WITH QUICKBOOKS 2015 CHAPTER 8 Donna

COMPUTER ACCOUNTING WITH QUICKBOOKS 2015 CHAPTER 8 Donna Kay

CHAPTER 8 OVERVIEW § § Set Up a New Company in Quick. Books Enter Company Information Customize Chart of Accounts Create Lists: Customer, Vendor, Item COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

SET UP A NEW COMPANY Steps to set up a new company 1. Complete Easy. Step Interview 2. Add the People You Do Business With 3. Add the Products and Services You Sell 4. Add Your Bank Accounts 5. Enter Company Information 6. Customize Chart of Accounts 7. Lists COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

NEW COMPANY 1. Select Create a new company 2. Select Detailed Start COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

NEW COMPANY 3. Enter Name 4. Answer Easy. Step Interview questions 5. Select Next Answer remaining interview questions …. . COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD THE PEOPLE YOU DO BUSINESS WITH 1. Select Add 2. Select Paste from Excel or enter manually 3. Select Continue COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD THE PEOPLE YOU DO BUSINESS WITH 4. Enter Customer Information 5. Select Customer radio button 6. Enter next customer or vendor 7. Select customer or vendor radio button as appropriate 8. Select Continue COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD THE PEOPLE YOU DO BUSINESS WITH 9. Select Continue COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD THE PRODUCTS AND SERVICES YOU SELL 1. Select Add 2. Select Service or Noninventory part 3. Select Continue COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD THE PRODUCTS AND SERVICES YOU SELL 4. Enter items 5. Select Continue 6. Select Continue COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD YOUR BANK ACCOUNTS 1. Select Add 2. Enter Account information 3. Select Continue COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

ADD YOUR BANK ACCOUNTS 4. Select No Thanks 5. Enter Continue 6. Select Start Working COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

COMPANY INFORMATION 1. 2. 3. 4. 5. 6. Select My Company Select Edit icon Enter Company Name Select OK Verify Tax Form Close My Company COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

CUSTOMIZE PREFERENCES 1. 2. 3. 4. 5. 2. Select Edit Select Preferences Select Category Select Preference tab & 6. Select Preferences Select OK COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

CUSTOMIZE CHART OF ACCOUNTS Customize the Chart of Accounts by: 1. Adding accounts 2. Editing accounts 3. Deleting accounts For each account include: § Account number § Tax-Line mapping COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

LISTS § § § Lists provide supporting detail for the accounting system Lists include: Customer List Vendor List Item List COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

UPDATE CUSTOMER LIST 1. Enter customer information in the Customer List 2. Add job information to the Customer List. COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

UPDATE VENDOR LIST Enter vendor information into the Vendor List. COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

UPDATE ITEM LIST Enter information about items to be purchased and sold into Item List: 1. Service items 2. Inventory items 3. Non-inventory items COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

UPDATE LISTS Different ways to update lists after setup include: 1. Use Lists menu > Add/Edit Multiple List Entries 2. Use Customer Center > Customer List 3. Use Vendor Center > Vendor List 4. Use Item List > New Item COMPUTER ACCOUNTING WITH QUICKBOOKS 2015

TO LEARN MORE … See Chapter 8 Visit the Online Learning Center www. mhhe. com/kay 2015 Visit www. My-Quick. Books. com COMPUTER ACCOUNTING WITH QUICKBOOKS 2015