QuickBooks 2007 On Demand

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QuickBooks 2007 on Demand is the ultimate reference for people who really want to learn how to use the most popular accounting program. Using a friendly seeit/do-it technique, QuickBooks 2007 on Demand gives you illustrated, full color, step-by-step explanations that put you in charge of your finances. Whether you keep this book right next to your computer for quick reference or use it to train others, you’ll ...

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QuickBooks 2007 On Demand

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Overview

QuickBooks 2007 on Demand is the ultimate reference for people who really want to learn how to use the most popular accounting program. Using a friendly seeit/do-it technique, QuickBooks 2007 on Demand gives you illustrated, full color, step-by-step explanations that put you in charge of your finances. Whether you keep this book right next to your computer for quick reference or use it to train others, you’ll find this is an indispensable resource.

SEE HOW TO

  • Produce and customize reports that show exactly how your company is doing
  • Schedule transactions so you’ll never forget a due date again
  • Bill time and expenses directly to customers
  • Use the new QuickBooks features for 2007, including a redesigned Payroll Center and the new Accountant’s Copy that lets you keep working while your accountant reviews your books
  • Create and use a budget
  • Reconcile your bank account to the penny without waiting for the bank statement to come in the mail
  • Keep detailed records of fixed asset acquisitions
  • Protect your financial information with the latest in security techniques
  • Send customized mailings to your customers and vendors

1. Setting Up Your Company Accounts with the EasyStep Interview

2. Setting Up and Using Payroll Features

3. Adding or Changing Information After the Interview Is Completed

4. Invoicing and Collecting Income

5. Making Purchases and Recording Payments

6. Collecting and Paying Sales Tax

7. Using Timesaving Features

8. Job Cost Estimating and Tracking

9. Tracking Time New!

10. QuickBooks Tips and Tricks

11. Using the QuickBooks Online Features

12. Preparing Income Tax Returns

13. Security

14. Using Inventory Features

15. Recording Your Assets

16. Recording Owners’ Equity

17. Recording Liabilities

18. Preparing the Top Ten QuickBooks Reports

New! Features

Index

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Editorial Reviews

From Barnes & Noble
The Barnes & Noble Review
You bought QuickBooks 2007 because it was supposed to be easy. Make it really, truly easy: Get QuickBooks 2007 on Demand to guide you through using it.

This book's coverage is exceptionally thorough: setting up (and tweaking) company accounts and payroll, invoicing, A/R, A/P, sales and income taxes, job estimating, time tracking, inventory, owner's equity, assets, liabilities, reports, security, and more. There are whole chapters full of tips and timesavers, plus dozens more scattered throughout the book.

But the book's real advantage is its simplicity. The answers you're looking for are right there, in the table of contents. Look them up: You'll find one or two full-color pages of step-by-step instructions. Full-color screen shots show you exactly what you'll see; numbered callouts show you where to look to perform every step.

We loved the first Que On Demand book we saw, Quicken 2007 On Demand. We love this one, too. Bill Camarda, from the January 2007 Read Only

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Product Details

  • ISBN-13: 9780789736321
  • Publisher: Que
  • Publication date: 12/11/2006
  • Series: On Demand Series
  • Pages: 420
  • Product dimensions: 7.53 (w) x 9.12 (h) x 0.73 (d)

Meet the Author

Gail Perry is a CPA and a graduate of Indiana University. She has worked in public accounting for more than 20 years and has spent that time helping her clients make the best use of the tax laws and accounting rules that benefit them most. Gail is a former senior tax consultant with the international CPA firm Deloitte, where she specialized in providing tax planning services and advice to small businesses. She has written hundreds of newspaper and magazine articles about taxes, personal and business finances, and financial software and is a contributing editor for SMBFinance and Accounting Today magazines. Gail is the author of more than 20 books, including The Complete Idiot’s Guide to Doing Your IncomeTaxes, Show Me QuickBooks 2006, and Surviving Financial Downsizing: A Practical Guide to Living Well on Less Income.

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Table of Contents

1. Setting Up Your Company Accounts with the EasyStep Interview

Installing QuickBooks

Registering QuickBooks

Setting Up QuickBooks in a Multiuser Office

Transferring Data from Older Versions of QuickBooks

Transferring Data from Quicken

Practicing with the Sample Company Files

Entering Data for a New Company

Entering a Start Date

Setting Up a Bank Account

Setting Up Income and Expense Accounts

Stopping, Restarting, and Completing the Interview

2. Setting Up and Using Payroll Features

Setting Payroll and Employee Preferences New!

Setting Up Employees New!

Setting Up Employee Payroll Information

Setting Up Employee Payroll Taxes

Setting Up Sick and Vacation Benefits

Setting Up Payroll Deductions New!

Paying Employees

Using Timer Information with QuickBooks Payroll

Printing Paychecks

Using Direct Deposit

Creating Employer Payroll Reports

Paying Payroll Taxes with Form 941

Paying Federal Unemployment Compensation Taxes with Form 940

Preparing W-2 Forms

Issuing W-3 Forms

Setting Up Independent Contractors for 1099 Forms

Setting 1099 Preferences

Issuing 1099 Forms

Outsourcing Payroll

3. Adding or Changing Information After the Interview Is Completed

Setting General Preferences New!

Setting Desktop View Preferences

Sorting Lists

Displaying Lists on Forms

Adding Accounts New!

Using Account Numbers

Adding Customers New!

Displaying Detailed Customer Information

Adding Vendors

Adding Items New!

Adding Information “On-the-Fly”

Moving Items on a List

Creating Subitems

Editing Information on a List

Hiding Entries on Lists

Deleting Entries on a List

Merging Entries on a List

Printing Lists

Searching for Transactions

Generating a QuickReport

Setting Accounting Preferences

4. Invoicing and Collecting Income

Setting Sales and Customers Preferences New!

Creating an Invoice

Previewing Invoices

Printing a Single Invoice

Printing a Batch of Invoices

Emailing an Invoice

Charging Expenses to a Customer New!

Setting Finance Charge Preferences

Creating a Monthly Statement

Setting Send Forms Preferences

Tracking Accounts Receivable

Receiving Payments for Invoices

Issuing a Credit or Refund

Receiving Cash

Making Bank Deposits

Receiving Advances, Retainers, and Down Payments

Issuing Discounts

Viewing the Open Invoices Report

Creating a Collection Letter

Recording Bad Debts

5. Making Purchases and Recording Payments

Setting Purchases and Vendors Preferences New!

Using Purchase Orders

Viewing Items on Purchase Orders

Viewing Vendor Information

Receiving Goods

Receiving a Partial Order

Viewing Unpaid Bills Reports

Paying Bills

Taking Discounts

Using the Check Register

Editing Bill Payments

Deleting Bill Payments

Setting Checking Preferences

Writing Checks New!

Printing Checks New!

Voiding Checks

Creating Purchase Reports

6. Collecting and Paying Sales Tax

Setting Sales Tax Preferences

Creating a Sales Tax Item

Creating a Sales Tax Group

Charging Sales Tax to Customers

Entering Tax Status of Inventory Items

Selling Tax-Exempt Items

Selling Items to Tax-Exempt Customers

Producing Monthly Sales Tax Reports

Paying Sales Tax

Taking a Discount for Early Payment

7. Using Timesaving Features

Memorizing Transactions

Memorizing a Group of Transactions

Using Memorized Transactions

Scheduling Recurring Transactions

Changing Memorized and Scheduled Transactions

Removing Memorized Transactions

Setting Reminders Preferences

Using Reminders

8. Job Cost Estimating and Tracking

Setting Jobs and Estimate Preferences

Setting Up a Job

Using the Job Status Feature

Using the Job Type Feature

Using the Job Dates Feature

Using the Job Description Feature

Creating an Estimate

Invoicing Against an Estimate

Revising Estimates

Creating a Work in Progress Report

9. Tracking Time New!

Setting Time Tracking Preferences

Installing the Timer

Exporting Information to the Timer New!

Creating a New Timer File

Creating a Timed Activity

Using the Timer

Sending Timer Data to QuickBooks

Opening Timer Data in QuickBooks

Viewing Timer Transactions

Editing Timer Transactions

Billing Time from the Timer to the Customer

Backing Up and Condensing Timer Data

Restoring Backed-Up and Condensed Timer Data

10. QuickBooks Tips and Tricks

Setting Spelling Preferences

Creating a Budget

Producing Budget Reports

Setting Up Classes

Displaying a Class List

Using Multiple Classes on One Form

Reporting on Classes

Creating Payment Terms

Customizing Forms–Editing Existing Forms

Customizing Forms–Creating a New Form

Making Journal Entries New!

Using the Audit Trail

Using the QuickBooks Remote Access Feature

Creating Mailing Labels

11. Using the QuickBooks Online Features

Setting Service Connection Preferences

Setting Up Your QuickBooks Internet Connection

Activating Your Online Bank Account

Retrieving Online Bank Statements

Matching Transactions

Making Online Payments

Canceling Online Payments New!

Sending Online Messages

Transferring Money Between Accounts

Getting Reports of Online Transactions

Using the QuickBooks Website New!

Using the QuickBooks Online Edition

12. Preparing Income Tax Returns

Choosing the Correct Income Tax Form

Assigning Tax Lines

Using the Income Tax Summary Report

Using the Income Tax Detail Report

Making Estimated Tax Payments

Creating a Tax Return

13. Security

Backing Up Your QuickBooks Company File

Restoring Backed-Up Information

Using the QuickBooks Online Backup Service

Setting Up the Administrator

Adding Users

Editing User Access

Removing Users

Closing Financial Records at Year-End

Creating a Closing Date Exception Report

14. Using Inventory Features

Activating Inventory

Setting Up Inventory Items

Adding to Your Inventory

Editing Inventory Items

Creating an Inventory Group

Managing Sales Orders

Setting Up Reminders to Replenish Your Inventory

Preparing Inventory Reports

Counting Your Inventory

Adjusting Inventory Quantities

Adjusting the Price of Inventory

15. Recording Your Assets

Reconciling to Your Bank Statement

Recording Automatic Teller Withdrawals

Tracking Petty Cash

Receiving Credit Card Payments

Recording Deposits As Assets

Purchasing Fixed Assets

Entering Depreciation

Selling Fixed Assets

16. Recording Owners’ Equity

Understanding the Opening Balance Equity Account

Recording Owners’ Draws

Entering Prior Period Adjustments

Viewing Contents of Retained Earnings Account

17. Recording Liabilities

Managing Accounts Payable

Recording Payroll Tax Accruals

Setting Up Credit Card Accounts

Accounting for Deposits or Retainers

Recording Loans

Using the QuickBooks Loan Manager

Recording Loan Payments

18. Preparing the Top Ten QuickBooks Reports

Setting Reports and Graphs Preferences

Preparing an Income Statement

Preparing a Balance Sheet

Preparing a Trial Balance

Preparing a General Ledger Report New!

Preparing a Budget Report

Preparing a Sales Tax Liability Report

Preparing a Payroll Liability Report

Preparing an Accounts Receivable Aging Summary Report

Preparing a Job Progress Report

Preparing an Accounts Payable Aging Detail Report

Customizing Reports

Memorizing a Customized Report

New! Features

QuickBooks 2007

Index

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