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COMPUTER ACCOUNTING WITH QUICKBOOKS 2011 CHAPTER 8. Chapter 8 Overview. Set Up a New Company in QuickBooks Enter Company Information Customize Chart of Accounts Create Lists: Customer, Vendor, Item. COMPUTER ACCOUNTING WITH QUICKBOOKS 2011. Set Up A New Company .
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Chapter 8 Overview • Set Up a New Company in QuickBooks • Enter Company Information • Customize Chart of Accounts • Create Lists: Customer, Vendor, Item COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Set Up A New Company Steps to set up a new company • Complete EasyStep Interview • Add the People You Do Business With • Add the Products and Services You Sell • Add Your Bank Accounts • Enter Company Information • Customize Chart of Accounts • Lists COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
EasyStep Interview • Select File>New to open EasyStep Interview. • 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
Company Information • Company Name • Company Address • Company Filing/Tax Status COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
CustomizeChart Of Accounts Customize the Chart of Accounts by: • Adding accounts • Editing accounts • Deleting accounts For each account include: • Account number • Tax-Line mapping COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Lists Lists provide supporting detail for the accounting system. Lists include: • Customer List • Vendor List • Item List COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Customer List • Enter customer information in the Customer List • Add job information to the Customer List. COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Vendor List • Enter vendor information into the Vendor List. COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Item List Enter information about items to be purchased and sold: • Service items • Inventory items • Non-inventory items COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
TO LEARN MORE … • Turn to Chapter 8Visit the Online Learning Centerwww.mhhe.com/kay2011Visit the Student Blogwww.myquickbooks.me COMPUTER ACCOUNTING WITH QUICKBOOKS 2011