computer accounting with quickbooks 2011 chapter 8

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COMPUTER ACCOUNTING WITH

QUICKBOOKS 2011

CHAPTER 8

CHAPTER 8 OVERVIEW

Set Up a New Company in QuickBooks Enter Company Information Customize Chart of Accounts Create Lists: Customer, Vendor, Item

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

SET UP A NEW COMPANY

Steps to set up a new company

1. Complete EasyStep 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 2011

EASYSTEP INTERVIEW

1. Select File > New to open EasyStep Interview.

2. Answer EasyStep Interview questions to set up a new company.

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD THE PEOPLE YOU DO BUSINESS WITH

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD THE PEOPLE YOU DO BUSINESS WITH

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD THE PRODUCTS AND SERVICES YOU SELL

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD THE PRODUCTS AND SERVICES YOU SELL

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD THE PRODUCTS AND SERVICES YOU SELL

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD YOUR BANK ACCOUNTS

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ADD YOUR BANK ACCOUNTS

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

COMPANY INFORMATION

Company Name Company Address Company Filing/Tax Status

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

CUSTOMIZECHART 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 2011

LISTS

Lists provide supporting detail for the accounting system.

Lists include:Customer ListVendor ListItem List

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

1.Enter customer information in the Customer List

2.Add job information to the Customer List.

CUSTOMER LIST

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

Enter vendor information into the Vendor List.

VENDOR LIST

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

ITEM LIST

Enter information about items to be purchased and sold:

1. Service items

2. Inventory items

3. Non-inventory items

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

TO LEARN MORE …

COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

Turn to Chapter 8

Visit the Online Learning Centerwww.mhhe.com/kay2011

Visit the Student Blogwww.myquickbooks.me

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