QuickBooks Quick Tips

16mGeneral2019-11-11

Authors

Jess Stratton

LinkedIn Learning Staff Author, Tech Consultant

Course details

QuickBooks was designed to make day-to-day business tasks—sending money, receiving money, and assessing your company's financial situation—easier to manage. This course provides concise, actionable tips for using the popular business accounting software to manage your daily operations and assess your company's overall performance. Jess Stratton covers essential processes such as backing up and restoring a company file, discounting an item or invoice, creating statements, and voiding invoices and checks. Plus, she shares how to use reporting tools to assess your company's overall health, as well as how to extend QuickBooks by including your logo on invoices, adding a password-protected close date to your company file, and more.

Learning objectives
Describe the steps for restoring a company file.
Interpret the necessary action for applying discounts.
Explain the purpose of a sales receipt for a cash sale.
Determine the primary purpose for the QuickBooks reporting tools.
Solve the process for updating your QuickBooks software.

Skills covered

QuickBooks OnlineQuickBooksIntuitAccounting SoftwareQuick TipsFinance and AccountingBusiness Software and Tools

Concepts

Introduction

Get up to speed in QuickBooks

Work with QuickBooks

Schedule a company file backup
Restore a company file
Edit company information
Add account numbers
Open QuickBooks in multi-user mode

Day-to-Day Operations

Subtotal items on an invoice
Discount an item or an entire invoice
Create statements
Create a sales receipt for a cash sale
Add or remove a payment from a deposit
Void invoices and checks

Reporting Tools

See how you're doing with Snapshots
Use the Insights tool
Use the Bill and Income Tracker
Memorize a report

Extend QuickBooks

Put your logo on invoices
Keep QuickBooks up to date
Close the books at the end of the year
Change company and personal preferences