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Unique features include project-costing reports, templates for proposals and invoices, billing rates that you can customize by client or employee, and professional service—specific reports and help. The Retail edition is customized for retail businesses. It includes specialized menus, reports, forms, and help, as well as a custom chart of accounts. Intuit offers companion products that you can integrate with this edition to support all aspects of your retail operation.
As long as funding comes primarily from unrestricted sources, the Pro edition will work reasonably well. In that case, QuickBooks Premier Nonprofit might be a real timesaver. Double-entry accounting is the standard method for tracking where your money comes from and where it goes. For example, as shown in Table 1 , when you sell something to a customer, the money on your invoice comes in as income and goes into your Accounts Receivable account.
Then, when you deposit the payment, the money comes out of the Accounts Receivable account and goes into your checking account. See Chapter 16 for more about double-entry accounting and journal entries. Each side of a double-entry transaction is either a debit or a credit.
As you can see in Table 1 , when you sell products or services, you credit your income account since your income increases when you sell something , but debit the Accounts Receivable account because selling something also increases how much customers owe you.
Chart of accounts. In bookkeeping, an account is a place to store money, just like your real-world checking account is a place to store your ready cash. The difference is that you need an account for each kind of income, expense, asset, and liability you have.
See Chapter 3 to learn about all the different types of accounts you might use. Cash vs. Cash and accrual are the two different ways companies can document how much they make and spend.
The accrual method, on the other hand, follows something known as the matching principle , which matches revenue with the corresponding expenses. This approach keeps income and expenses linked to the period in which they happened, no matter when cash comes in or goes out.
The advantage of this method is that it provides a better picture of profitability because income and its corresponding expenses appear in the same period. For example, if you pay employees in January for work they did in December, those wages are part of the previous fiscal year.
Financial reports. This QuickBooks report gets its name from the difference between income and expenses, which results in your profit or loss for that period. The balance sheet The Balance Sheet is a snapshot of how much you own and how much you owe.
Assets are things you own that have value, such as buildings, equipment, and brand names. Liabilities are the money you owe to others like money you borrowed to buy one of your assets, say. The difference between your assets and liabilities is the equity in the company—like the equity you have in your house when the house is worth more than you owe on the mortgage.
The statement of cash flows The Statement of Cash Flows tells you how much hard cash you have. You might think that a profit and loss report would tell you that, but noncash transactions—such as depreciation—prevent it from doing so. But if bookkeeping and accounting are unfamiliar territory, some background training may help you use QuickBooks better and more easily without calling your accountant for help five times a day.
To contact the school, visit www. QuickBooks Help provides a healthy dose of accounting background and troubleshooting tips. This book provides lots of real-world examples, and you can search for topics in its index. This book applies to the U.
Windows version of QuickBooks Pro and Premier. Versions for other countries differ from the U. After that, go ahead and jump from topic to topic depending on the bookkeeping task at hand.
All the features in QuickBooks Pro—and in this book—are also in Premier. To keep you productive, this book evaluates features to help you figure out which ones are most useful and when to use them. QuickBooks The Missing Manual is designed to accommodate readers at every technical level.
The primary discussions are written for people with beginner or intermediate QuickBooks skills. Find an Advisor. Chris Low. Recent News. No Comments. What is Affected by the Discontinuation? Why does Intuit discontinue products? Import Contacts: Import your contacts from Excel or other email address books. Quickbooks Pro Quickbooks Desktop Enterprise Quickbooks Mac All of these links are for Quickbooks free trial. When asked to register, just close the window. Otherwise, you may get locked out of Quickbooks software.
If you are looking for Quickbooks online trial, you can visit this link. Download Quickbooks Desktop Pro Download Quickbooks Desktop Premier Download Quickbooks Desktop Enterprise Download Quickbooks for Mac Download Quickbooks Accountant Quickbooks Enterprise.
Quickbooks Pro, Premier, Accountant. You can download any version of Quickbooks including Quickbooks using the steps given below:.
I write about tech trends, new tools and software, and rapidly emerging technologies. Can you provide earlier Desktop version of Quickbooks with One time payment.
Download QuickBooks Desktop Enterprise This QuickBooks version is designed for small or medium-sized businesses accounting that lets users to track receipts by jobs and use customizable purchase forms to view expenses by receipts. To avail such benefits, users need to download it using the above steps or you can use the download links for Enterprise: QuickBooks Desktop Enterprise Solutions QuickBooks Desktop Enterprise Accountant Download QuickBooks Mac QuickBooks Mac is a downloadable product from Intuit which assists users to easily track their business finance.
Download QuickBooks Accountant This QuickBooks version is available via download includes various time-saving features that assist you to stay organized and work more efficiently. Pro, Pro Plus, Premier. Pro Plus. Features of QuickBooks Pro Check out QuickBooks Pro new additional features and improvements: Income tracking to view all your income-producing transactions in one place is the new added feature.
Multi-user admin feature has improved with additional benefits to see and terminate logged-in users without saving the data. New features also include the Insights on homepage helps you to display the complete business health of your client. Reminder window has improved with a new look and feel With the improved Registration process, you can simply copy and paste your registration number instead of entering one by one.
The below are listed some of the highlighted features: Reporting helps you to easily read, send, and customize With the QuickBooks Premier version, you can add multiple attachments in single email, see prior email conversations, and allow you to customize the email templates.
Reminder window had added a new look and feel. Users can set any reminders that you wanted to perform in another interval of time. Complete insights on homepage feature let you to show the health of your clients business Improved reminder feature gives you a new look and feel to work with.
The new Excel Spreadsheet template makes a pretty simple process for batch import. Customize Emails: This feature let you customize any test or subject line with your invoice number that you desire Send to Accountant: It is a new streamlined process to convert your QuickBooks Mac to Windows as well as backup into a prearranged folder.
It is also a great dropbox. Custom date formats: It supports display and entry of dates in formats pre-defined by Mac OS X preferences. QuickMath: This available feature makes your process much easier with separate calculable fields. Using this function, you can create budgets by fiscal year and obtain business insights as you analyze your business against your decided plan.
It also allows you to focus on your priorities and gives you early warning on feasible issues. Attachments option: You can attach any suitable files to Item list, Employees and other names, sales receipts, reconcile bank statements , etc. Features of Quickbooks Enterprise Here are the highlighted features that are added in QuickBooks Enterprise Disallow Negative Quantities: It prevents any of the transactions from falling into a negative quantity.
In simple words, you are allowed to use more inventory assembly items than you have. So that, it lets you raise the number of assemblies as per the shortage products. It needs Microsoft Office Excel or Total Columns and Sorting Columns on Forms: This is new added features in QuickBooks which helps to subtotal items to view the subtotal price, Quantity, or any custom field.
You can also check out all the details on sort with the help of Column feature. Negative item listing: This is nothing but lists that includes all the negative items that you have. Features of QuickBooks accountant QuickBooks version is easily integrated with various enhanced features like: Open multiple QuickBooks files concurrently.
Benefits of QuickBooks Pro QuickBooks Pro is the workhorse desktop edition that lets up to 3 Users work on a company file at a time. Additionally, it benefits your business by: Keeping a track of expense billing: If you have small or large expenditures such as purchases, mileages, international travel or meals then keeping a better track of your expenses is important which have to be billed later to your clients.
QuickBooks Pro makes it easy for you. Better money management: It enables your business to manage your money in a better way. You can enter due date as well as payment information for all your recurring invoices. You can have an option to print out the check when the bills are due or the option to directly link to your banking accounts of all recorded transactions too.
Quick Sales incoming: Using QuickBooks Pro, you can save your quality time as the invoices or receipts can be easily created just with a few clicks of a button.
This handy function to employ especially when you have to bill several customers for the same service. You can even bill clients in large batches or separately as well as you can mail the invoices. With a few touches of the button, you can activate most of the features that are pretty easy to work with. Benefits of QuickBooks Premier QuickBooks Premier is another multi-user edition that allows you to access upto 5 users simultaneously.
QuickBooks Premier has capability to: Handle inventory items assembled from other items and components Generate purchase orders from sales orders and estimates Apply price levels to individual items Export report templates, produce budgets and forecasts, Work with different units of measure for items, etc.
Or, many companies simply prefer working on Mac due to several benefits like: You can stay on budgets by creating budgets every fiscal year. Run reports to check how well your performance reaching the goals Know about the expenses by tracking your expenses as well as you can know your owe and what you have already paid.
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