C OMPUTER A CCOUNTING WITH Q UICK B OOKS 2013 C HAPTER 8 Donna Kay

C HAPTER 8 O VERVIEW  Set Up a New Company in QuickBooks  Enter Company Information  Customize Chart of Accounts  Create Lists: Customer, Vendor, Item COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

S ET U P A N EW C OMPANY 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 2013

N EW C OMPANY 1.Select File > New Company 2.Select Detailed Start COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

E ASY S TEP I NTERVIEW 3.Answer EasyStep Interview questions COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD THE P EOPLE Y OU D O B USINESS W ITH COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD THE P EOPLE Y OU D O B USINESS W ITH COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD THE P RODUCTS AND S ERVICES Y OU S ELL COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD THE P RODUCTS AND S ERVICES Y OU S ELL COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD THE P RODUCTS AND S ERVICES Y OU S ELL COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD Y OUR B ANK A CCOUNTS COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

A DD Y OUR B ANK A CCOUNTS COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

C OMPANY I NFORMATION  Company Name  Company Address  Company Filing/Tax Status COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

C USTOMIZE P REFERENCES COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

C USTOMIZE C HART O F A CCOUNTS 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 2013

L ISTS Lists provide supporting detail for the accounting system Lists include:  Customer List  Vendor List  Item List COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

U PDATE C USTOMER L IST 1.Enter customer information in the Customer List 2.Add job information to the Customer List. COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

U PDATE V ENDOR L IST Enter vendor information into the Vendor List. COMPUTER ACCOUNTING WITH QUICKBOOKS 2013

U PDATE I TEM L IST 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 2013

U PDATE L ISTS 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 2013

T O L EARN M ORE … See Chapter 8 Visit the Online Learning Center Visit COMPUTER ACCOUNTING WITH QUICKBOOKS 2013