C OMPUTER A CCOUNTING WITH Q UICK B OOKS 2012 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 2012

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 2012

N EW C OMPANY 1.Select File > New Company 2.Select Advanced Setup COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

E ASY S TEP I NTERVIEW 3.Answer EasyStep Interview questions COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD THE P EOPLE Y OU D O B USINESS W ITH COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD THE P EOPLE Y OU D O B USINESS W ITH COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD THE P RODUCTS AND S ERVICES Y OU S ELL COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD THE P RODUCTS AND S ERVICES Y OU S ELL COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD THE P RODUCTS AND S ERVICES Y OU S ELL COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD Y OUR B ANK A CCOUNTS COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

A DD Y OUR B ANK A CCOUNTS COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

C OMPANY I NFORMATION  Company Name  Company Address  Company Filing/Tax Status COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

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 2012

L ISTS Lists provide supporting detail for the accounting system Lists include:  Customer List  Vendor List  Item List COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

1.Enter customer information in the Customer List 2.Add job information to the Customer List. C USTOMER L IST COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

 Enter vendor information into the Vendor List. V ENDOR L IST COMPUTER ACCOUNTING WITH QUICKBOOKS 2012

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 2012

T O L EARN M ORE … Turn to Chapter 8 Visit the Online Learning Center Visit COMPUTER ACCOUNTING WITH QUICKBOOKS 2012