COPYRIGHT © 2007 Thomson South-Western, a part of The Thomson Corporation. Thomson, the Star logo, and South-Western are trademarks used herein under license Glenn Owen Using QuickBooks Pro for Accounting 5th Edition Glenn Owen Chapter One An Interactive Tour of QuickBooks

Using QuickBooks Pro 2006 for Accounting, 5th edition2 Chapter One What is QuickBooks An automated accounting information system Organizes and summarizes data into reports and graphs. Invoices customers Maintains receivables Pays bills Maintains accounts payable Tracks inventory Creates purchase orders Builds an audit trail

Using QuickBooks Pro 2006 for Accounting, 5th edition3 Chapter One Four Basic Features of an Accounting Information System Lists (groups of names and information about those names) Forms (electronic representations of the paper documents used to record business activities) Registers (contain all financial activity for a specified balance sheet account.) Reports and Graphs (present the financial position and the operating results of a company)

Using QuickBooks Pro 2006 for Accounting, 5th edition4 Chapter One Working with QuickBooks Launch QuickBooks Work with data files (QBW) Restore a company backup file Back up a company file Open a company file Save and Close a file Exit QuickBooks QuickBooks Window and Home Page Menus Shortcut List Decision Making Printing QuickBooks Help and Learning Center

Using QuickBooks Pro 2006 for Accounting, 5th edition5 Chapter One Using QuickBooks Help Help feature Ask button How Do I button Learning Center