Online Courses & Tutorials

After this lesson, you’ll be able to set up employees in QuickBooks, enter and run payroll, pay employees by direct deposit or check, and reconcile your payroll taxes. The features and settings that you choose in this lesson will affect every area of QuickBooks. For example, you will set the default payment terms for customer invoices and vendor bills.

We can also offer deals on the best payroll software solution on the market. Whichever service you use, you’ll want it integrated with your accounting software to automate your tax process. After creating the company file, you’ll now need to set up the vendor accounts so that you can easily and effectively manage them. If not clear, vendors are integral parts of your business and includes your suppliers or contractors. To access your QuickBooks Desktop product and data file stored at a different location, you’ll need a hosting service.

You’ll find a calendar view where you can manage shifts for your team. You’ll be able to access your data file from any device with internet access. Check out these helpful resources on how to access your data file remotely. The holiday season is often hailed as the most wonderful time of the year, but for small businesses or e-commerce stores, it can also be the busiest and most… Users can often take advantage of time-limited promotional pricing. There’s also the option of a 30-day free trial you can take advantage of to try before you buy.

You will also choose whether to turn on inventory quantity and cost tracking. QuickBooks Online gives you the option to connect your bank accounts directly to the software. By connecting them, you can easily track both income and expenses in QuickBooks Online automatically, reducing the amount of data entry required. While setting up QuickBooks, you can connect your bank as well as credit card accounts to the software. Once done, QuickBooks tracks your bills and expenses automatically. QuickBooks will generate important reports that will provide you, your accountant, and your banker important insights into the financial health of your business.

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In this QuickBooks Online tutorial, we’ll cover some of the most common tasks you’ll be performing in QuickBooks Online, showing you just how easy it is to use. If you’re on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. Her writing has also appeared in NewsWeek and how to write the articles of incorporation for a nonprofit Huffington Post. As of this writing, QuickBooks Online was offering a 50% discount for three months on all subscription plans. You can take a printout of all the information your accountant needs to prepare the returns and ship it to them easily. Read articles and quick start guides to help your business grow and thrive.

  • You’ll find a calendar view where you can manage shifts for your team.
  • Learn about the two ways on how to add customers in QuickBooks in order to easily invoice along with autofill information on sales forms.
  • The QuickBooks Multicurrency feature helps you track transactions in different currencies.
  • QuickBooks is a small business accounting software and also the most popular used by businesses to manage their revenue and expenses.

QuickBooks has the best payroll software as well, although we offer a quick quiz that can pair you with all the top payroll options for your industry. If you’d like to try other great accounting software, we have you covered as well, with deals on FreshBooks, Xero, and others. QuickBooks Online is an easy-to-use accounting software—one reason why it’s awarded our best small business accounting software. To help you further improve your learning experience, you can check out our expert QuickBooks Online tips (including keyboard shortcuts). This is because the QuickBooks software was created to make business management an easy and efficient process.

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If you need extra accountability, you can turn on photo capture to make sure it’s really them. You can set up any computer or compatible tablet as a Time Kiosk. Once you’re here, you can track and manage your team member’s time. You can also add your Wise account details to your QuickBooks invoice templates. Customers can pay in their preferred currency, which can help your invoices get paid faster. For example, if you do business in USD, but live overseas, getting paid and paying others is complex and can take up a lot of time.

Second, you will be able to manage what you owe to vendors by entering and tracking bills. You will learn to enter the payment of these bills correctly so that the expense is not recorded twice. As a bookkeeper, your QuickBooks proficiency should just be one tool in your bag – and you should know that not every client will employ the QuickBooks software in their business. Other popular software used by small and home business owners includes Freshbooks and Xero.

Do I need any prior accounting experience to take Fit Small Business’ QuickBooks Online courses?

As such, the numbers you receive might not add up until you factor in the extra fees. You may have customers and suppliers with whom you transact using a currency different from your country’s default (“home”) currency. With QuickBooks, you can set up profiles for them in each currency.

You can download and get started after spending a couple of hours browsing through the different screens. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Watch step-by-step videos to learn your way around QuickBooks.

What this feature does is save you time and reduces any chances of you having to deal with any paperwork.

How long does it take to learn QuickBooks?

Of course, like any robust software package, it can be complicated for the casual user to work with – and, let’s be honest – some people just don’t like keeping the books. If that’s not reason enough to avoid those profit and loss statements, it’s probably not the best use of a home business owner’s time. They need to spend their hours on profit-generating activities. And while accounting is very important, it isn’t generating profit.

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You can then share the invoice with clients through the mail or take a printout and send a hard copy. It allows you to run and view reports easily like the number of outstanding invoices, total amount due from clients and details of each invoice (paid or due). Paperwork can be intimidating, but it doesn’t have to be if you use the right tools. QuickBooks Online is one of the most feature-rich, but easy-to-use accounting solutions on the market, and can help to make the process infinitely smoother.

If a reconciliation has too many discrepancies, reversing that reconciliation might be the best move. If you just need to start fresh from a previous reconciliation, you can get your accountant to reverse the current one. Learn about how to add a new supplier to save time, edit supplier information and add columns and sort the Supplier List to get more insight. Learn about how to navigate QuickBooks Online, understand the difference between the Navbar, Create menu, and Gear menu, and learn how to enter new transactions. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Yes, these training courses are updated regularly based on the latest feature updates or changes made by Intuit, the company behind QuickBooks.

If you have payroll, you’ll set up and manage time off directly in payroll. You’ll find a list of time off requests from your team, including approved, denied, and pending requests. Admins can review pending requests and either approve or deny them.


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