Donna Kay Maryville University of Saint Louis COMPUTER ACCOUNTING WITH QUICKBOOKS 2011 CHAPTER 8

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 2011

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 2011

E ASY S TEP I NTERVIEW 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

C OMPANY I NFORMATION  Company Name  Company Address  Company Filing/Tax Status COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

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 2011

L ISTS Lists provide supporting detail for the accounting system. Lists include:  Customer List  Vendor List  Item List COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

1.Enter customer information in the Customer List 2.Add job information to the Customer List. C USTOMER L IST COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

 Enter vendor information into the Vendor List. V ENDOR L IST COMPUTER ACCOUNTING WITH QUICKBOOKS 2011

I TEM L IST 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 Center Visit the Student Blog