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COMPUTER ACCOUNTING WITH
QUICKBOOKS 2011
CHAPTER 8
CHAPTER 8 OVERVIEW
Set Up a New Company in QuickBooks Enter Company Information Customize Chart of Accounts Create Lists: Customer, Vendor, Item
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
SET UP A NEW COMPANY
Steps to set up a new company
1. Complete EasyStep Interview
2. Add the People You Do Business With
3. Add the Products and Services You Sell
4. Add Your Bank Accounts
5. Enter Company Information
6. Customize Chart of Accounts
7. Lists
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
EASYSTEP INTERVIEW
1. Select File > New to open EasyStep Interview.
2. Answer EasyStep Interview questions to set up a new company.
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD THE PEOPLE YOU DO BUSINESS WITH
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD THE PEOPLE YOU DO BUSINESS WITH
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD THE PRODUCTS AND SERVICES YOU SELL
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD THE PRODUCTS AND SERVICES YOU SELL
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD THE PRODUCTS AND SERVICES YOU SELL
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD YOUR BANK ACCOUNTS
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ADD YOUR BANK ACCOUNTS
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
COMPANY INFORMATION
Company Name Company Address Company Filing/Tax Status
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
CUSTOMIZECHART OF ACCOUNTS
Customize the Chart of Accounts by:
1. Adding accounts
2. Editing accounts
3. Deleting accounts
For each account include: Account number Tax-Line mapping
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
LISTS
Lists provide supporting detail for the accounting system.
Lists include:Customer ListVendor ListItem List
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
1.Enter customer information in the Customer List
2.Add job information to the Customer List.
CUSTOMER LIST
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Enter vendor information into the Vendor List.
VENDOR LIST
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
ITEM LIST
Enter information about items to be purchased and sold:
1. Service items
2. Inventory items
3. Non-inventory items
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
TO LEARN MORE …
COMPUTER ACCOUNTING WITH QUICKBOOKS 2011
Turn to Chapter 8
Visit the Online Learning Centerwww.mhhe.com/kay2011
Visit the Student Blogwww.myquickbooks.me