QuickBooks Software. Which QuickBooks Pro, QuickBooks Premier, QuickBooks Enterprise should I buy? - Magazines & Newsletters
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Quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016 |
Quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016
There's also live online events, interactive content, certification prep materials, and more. Thousands of small companies and nonprofit organizations turn to QuickBooks to keep track of their finances.
And over the years, Intuit has introduced various editions of the program to satisfy the needs of different types of companies. And with each new version, Intuit has added enhancements and features to make your workflow smoother and faster. The challenge is knowing what to do according to accounting rules, and how to do it in QuickBooks.
Updating a QuickBooks file to a new QuickBooks version. The steps to updating a company file Modifying Company Info have been streamlined in QuickBooks When you open a company file in a new version of QuickBooks, you log in as usual, choose the location where you want to store you file, and click Update Now.
QuickBooks takes over, backs up your file, and then updates it. Bill Tracker. You can select transactions in the table to perform bill-related tasks, such as converting purchase orders to bills, paying bills, and so on. Updated Insights tab.
This Fiscal Year-to-Last Month date range. This new date range spans the first day of your fiscal year to the last day of the previous month.
This option is available from date-related menus for reports and graphs. Comment attributions in reports. QuickBooks introduced the ability to add comments to reports, so you could provide feedback or ask questions.
But what if several people add comments to a report? In QuickBooksthe Comments pane shows which QuickBooks user created or modified each quickbooks enterprise solutions 2013 - quickbooks enterprise solutions 2013 on a report. That way, you know who to contact to answer questions or clarify comments. Column-search feature in the Modify Report dialog box. When you see the field you want, just click it. Removing multiple emails in the Send Form window. When you run a business or a nonprofityou track company finances for two reasons: to keep your business running smoothly and to generate the reports required by the Quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016, SEC, and anyone else you have to answer to.
QuickBooks helps you perform basic financial tasks, track your financial results, and manage your business to make it even better. Work with more than 14, unique inventory items or 14, contact names. QuickBooks Pro and Premier company files can hold up to 14, inventory items and a combined total of up to 14, customer, vendor, employee, and other Other Names List names. In the QuickBooks Enterprise Solutions edition of the program, the number of names is virtually unlimited.
Track personal finances. In addition to opening a separate checking account for your business, you should also track your personal finances somewhere else like in Quicken. If you do decide to use QuickBooks, at least create a separate company file for your personal financial info. Track the performance of stocks and bonds. Of course, companies invest in things like equipment and office buildings, and you should track investments such as these in QuickBooks. However, in QuickBooks, they show up as assets of your company Creating an Account.
Manage specialized details about customer relationships. Lots of information goes into keeping customers happy. With QuickBooks, you can stay on top of customer activities with features like to-dos, notes, reminders, and memorized transactions. You can also keep track of leads before they turn into customers.
But if you need to track details for thousands of members or customers, items sold on consignment, project progress, or tasks related to managing projects, a customer-management program or a program like Microsoft Excel or Access might be a better solution. QuickBooks comes in a gamut of editions, offering options for organizations at both ends of the small-business spectrum.
QuickBooks Pro handles the basic needs of most businesses, whereas Enterprise Solutions the most robust and powerful edition of QuickBooks boasts enhanced features and speed for the biggest of small businesses.
Likewise, features vary читать the desktop editions for different countries; this book covers the U. This book focuses on QuickBooks Pro because its balance of features and price makes it the most popular edition. QuickBooks Online Simple Start is a low-cost online option for small businesses with very simple accounting needs and only one person running QuickBooks at a time. QuickBooks Online Essentials allows up to three people to run QuickBooks at a time and lets you connect to as many bank or credit card accounts as you want.
As its name suggests, it quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016 essential features like automated invoicing, entering bills, and controlling what users can access. Up to five people can access your data simultaneously. It helps you pay estimated quarterly taxes, categorize your expenses to match those on your Schedule C tax form, and track your self-employment income and expenses.
QuickBooks Pro is the workhorse desktop edition. It lets up to three people work on a company file at a time and includes features for tasks such as invoicing; entering and paying bills; job costing; creating estimates; saving and distributing reports and forms as email attachments; creating budgets; projecting cash flow; tracking mileage; customizing forms; customizing prices with price levels; printing shipping labels; and integrating with Word, Excel, and hundreds of other programs.
Other lists, like the chart of accounts, can have up to 10, entries each. QuickBooks Pro Plus is a subscription product that costs a little more than the one-time license fee you pay for QuickBooks Pro, but QuickBooks Pro Plus offers mobile access, unlimited phone support, online backups, and always-up-to-date software. Similarly, QuickBooks Premier Plus is the premier version of the subscription product.
QuickBooks Premier is another multiuser edition up to five simultaneous users. It can handle inventory items assembled from other items and components, generate purchase orders from sales orders and estimates, apply price levels to individual items, export report templates, produce budgets and forecasts, and work with different units of measure for items.
Plus, it offers enhanced invoicing for time and expenses, and includes a few extra features like reversing journal entries. When you purchase QuickBooks Premier, you can choose from six different industry-specific flavors see the next section. As with the Pro edition, Premier can handle a combined total of up to 14, name list entries.
Enterprise Solutions is the edition for midsized operations. Up to 30 people can access a company file at the same time, and this simultaneous access is at least twice as fast as in the Pro or Premier edition. It can track inventory in multiple warehouses or stores and produce combined reports for those companies and locations. And because more people can use your company file at once, this edition has features such as an enhanced audit trail, more options for assigning or limiting user permissions, and the ability to delegate administrative functions to the other people using the program.
Your local office supply store, Amazon, and any number of other retail outlets usually offer the program at a discount. If you buy QuickBooks from Intuit, you pay the full price, but you will also have 60 days to return the program for a full refund. If you work in one of the industries covered by QuickBooks Premier, you can get additional features unique to your industry. When you install QuickBooks Premier, you choose the industry version you want to run.
If your business is in an industry other than one of the five options, choose General Business. It lets you run any QuickBooks edition Pro or any of the Premier versions. The General Business edition has Premier goodies like per-item price levels, sales orders, and so on. It also has sales and expense forecasting, the Inventory Center, more built-in reports than QuickBooks Pro, and a business-plan feature. Its chart of accounts and menus are customized for manufacturing and wholesale operations.
You can use it to manage inventory assembled from components and to track customer return merchandise /15013.txt RMAs and damaged goods. If you run a nonprofit organization, you перейти that several things work differently in the nonprofit world, as the box on Nonprofit Dilemma details. The Nonprofit edition of QuickBooks includes features such as a chart of accounts customized for nonprofits, forms and quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016 targeted to donors and pledges, info about using quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016 program for nonprofits, and the ability to generate Statement of Functional Expenses forms.
The Professional Services edition not to be confused with QuickBooks Pro is designed for companies that deliver services to their clients. Unique features include project-costing reports, templates for proposals and invoices, billing rates that you can customize by client or employee, and professional service—specific reports and help. The Retail edition is customized for retail businesses. It includes specialized menus, reports, forms, and help, as well as a custom chart of accounts. Intuit offers companion quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016 that you can integrate with this edition to quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016 all aspects of your retail operation.
As long as funding comes primarily from unrestricted sources, the Pro edition will work reasonably well. In that case, QuickBooks Premier Nonprofit might be a real timesaver. Double-entry accounting. The standard method for tracking where your money comes from and where it quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016.
For example, as shown in Table 1when you sell something to a customer, the money on your invoice comes in as income and goes into your Accounts Receivable account. Then, when you deposit the payment, the money comes out of the Accounts Receivable account and goes into your checking account.
See Chapter 16 for more about double-entry accounting and journal entries. Each side of a double-entry transaction is either a debit or a credit. As you can see in Table 1when you sell products or services, you credit your income account because your income increases when you sell somethingbut debit the Accounts Receivable account because selling something also increases how much customers owe you. Chart of accounts.
In bookkeeping, an account is a place to store money, just like your real-world checking account is a place to store your ready cash. The difference is that you need an account for each kind of income, expense, asset, and liability you have.
See Chapter 3 to learn about all the different types of accounts you might use. Cash vs. Cash and accrual are the two different ways companies can document how much they make and quickbooks premier nonprofit edition 2016 - quickbooks premier nonprofit edition 2016. The accrual method, on the other hand, follows something known as the matching principlewhich matches revenue with the corresponding expenses. This approach keeps income and expenses linked to the period in which they happened, no matter when cash comes in or goes out.
The advantage of this method is that it provides a better picture of profitability because income and its corresponding expenses appear in the same period. Financial reports. This QuickBooks report gets its name from the difference between income and expenses, which results in your profit or loss for that period.
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