QuickBooks Online support. Get answers and information that help you run your business. Welcome to QuickBooks Support Which version of QuickBooks are you using? QuickBooks Online. QuickBooks Online Simple Start, QuickBooks Online Essentials, QuickBooks Online Plus.
What is QuickBooks? QuickBooks is a bookkeeping software that combines a variety of accounting processes into one user-friendly system. The software’s primary function is to alleviate the use of multiple tables, spreadsheets, and tracking sheets necessary to document and maintain accounting tasks at a company. Accounting figures are also easily reconciled for tax purposes with QuickBooks. The software was developed by Intuit and can be customized based on the needs of the business utilizing the software. What does it do? • Precisely tracks income and expenses keeping you “tax return ready” all year long.
• Allows you to import or manually enter all banking transactions, credit card transactions and loan transactions in real time or after the fact utilizing an auto recall for each transactions which saves you time, thereby saving you money. • Creates and keeps track of professional looking invoices to customers, track payments and outstanding balances at a glance. Allows you to email invoices directly to your customer. Allows customers to pay online directly to your bank account.
(Additional fees apply) • Easily enter bills and print checks in order to keep track of outstanding items and due dates at a glance. With QuickBooks Bill Pay add on via direct connect banking you can pay your bills directly through QuickBooks electronically. (Additional fees apply) • Allows you to prepare payroll each pay period, notifying you when tax payments are due and when quarterly reports need to be filed. Or let Intuit do the payroll for you.
(Additional fees apply) • Keeps Customers, Vendors and Employee contact information at your fingertips. • Allows you to store PDF copies of your bills, invoices and any other pertinent information and attach directly to the transaction in QuickBooks, thus allowing you to go paperless if you so desire. • Track Inventory and create purchase orders. • Get a real time view of your business activities with the Company Snapshot. • Print professional looking reports easily and accurately.
Allowing you to customize your reports the way you want and need to see them. Allows you to memorize your custom reports so you don’t have to remember how you like to see them. Your reports your way anytime. ALL THE ACCOUNTING YOU NEED TO KNOW? About the chart of accounts: • Chart of accounts • The chart of accounts is a complete list of your business’ accounts and their balances • When you keep books for a company, you want to track • Where the income comes from • Where you put it • What the expenses are for • And what you use to pay them • You track this flow of money through the chart of accounts About assets, liabilities and equity: • Assets • Include both what you have and what other people owe you • The money people owe you is called your accounts receivable, or A/R for short. QuickBooks uses an accounts receivable account to track the money owed you. • The rest of your company’s assets may include checking accounts, savings accounts, petty cash, fixed assets (such as equipment or trucks), inventory, and undeposited funds (money you’ve received from customers but haven’t yet deposited in the bank).