You can also receive instructions in accounting or payroll basics. This Intuit site provides QuickBooks training for beginners and advanced users in both the online and desktop versions of the software. There are several accessible, effective ways to learn how to use QuickBooks:

The system automatically updates inventory information as you enter transactions and provides multiple reports so you can stay up-to-date with the status of your products. The system allows you to pay employees with a check or direct deposit, automatically handles federal and payroll taxes, and fills in payroll tax forms for you. A Profit and Loss Report, for instance, gives an overview of how profitable the business is, while a Balance Sheet Report provides a comparison of assets, liabilities and equity. You can gauge your organization’s productivity and stability through built-in reports that you can generate within minutes. An Accounts Payable Report will show what bills you need to pay and by when. Tracking bills and expensesĪfter your employer has connected the business’ bank and credit card accounts to the QuickBooks system, it automatically keeps track of expenditures. An Accounts Receivable Aging Report provides a list of clients and the invoices you’ve generated for them. You can manage sales and income by creating invoices and then keeping track of sales per client. Some of the functions included with QuickBooks includes: Invoicing and sales management QuickBooks, which is available in both an online or desktop version, is an accounting software package. In this article, we will discuss QuickBooks basics.

If you are in the job market for an accounting, managerial or administrative position, learning QuickBooks could be beneficial for getting jobs that require knowledge of this type of software. QuickBooks is one of the common accounting packages for small- to medium-sized businesses.

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