How to Use QuickBooks to Manage Your Business’ Finances

Every business needs to handle accounting paperwork, and our experts know all the best features, prices, and support to look for. Once you’ve finished reading this guide, you’ll know how to find the core QuickBooks tools you need quickly and efficiently. QuickBooks Online isn’t the only small business accounting software out there, but our research does recommend it for most business needs, even above other top picks like FreshBooks or Zoho Books. A Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting.

Once your bookkeeper receives all the necessary documentation, they’ll typically complete your cleanup within 30 days. In some cases, your cleanup may take longer depending on timeliness of documentation and the complexity of your books. Learn about how to connect a bank or credit card account to QuickBooks and choose how far back you want QuickBooks to pull your transaction history. We’d also highly recommend FreshBooks, a solution that has almost as many features and comes at a slightly lower price. It’s a particularly attractive pick for ecommerce businesses, since it has inventory management tools across all plans, while QuickBooks lacks this tool across its lowest two plans, Simple Start and Essentials. To get the most out of your QuickBooks software, you need to know all the ins and outs of using the program, from creating invoices to paying your taxes.

Manage your projects

We can also offer deals on the best payroll software solutions on the market. Whichever service you use, you’ll want it integrated with your accounting software to automate your tax process. Common file types are accepted, including MS Excel and CSV files. QuickBooks makes it easy to perform a variety of financial management tasks, like creating an invoice, organizing transactions, adding expenses, adding and paying bills, managing employees, creating reports, and managing taxes. Our research team has crunched the numbers, and QuickBooks has the best accounting and payroll software on the market.

1. Once you have a handle on the day-to-day use of QuickBooks Online, try adding a few more tips and tricks to help you get the most out of the experience.
2. We’d also highly recommend FreshBooks, a solution that has almost as many features and comes at a slightly lower price.
3. Learn how to create custom templates and add custom fields to your invoices in QuickBooks.
4. Find out which tax deadlines are relevant, depending on the federal, state, and local regulations that may apply to your operation.
5. 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.

Learn about QuickBooks Online with how-to videos

QuickBooks Accounting supports integrations with other payroll services, but it offers its own software as well. We rate QuickBooks Payroll highly and it will appear as the “Payroll” tab on your dashboard if you use it. QuickBooks Online stands as the best accounting software that our researchers have tested, due to a great feature catalog, reporting tools, a top-quality support team, and a customizable interface. Tax differences between ebitda and operating cash flow season arrives for everyone, and your business should be prepared ahead of time. Find out which tax deadlines are relevant, depending on the federal, state, and local regulations that may apply to your operation.

How to Use QuickBooks Online in 2024: A Step-By-Step Guide

You can use QuickBooks to track income, material costs, and labor expenses for specific projects. Learn how to get started and use QuickBooks Online to run your business with these short step-by-step videos. Intuit has applied several decades of experience to a product that seems to have thought of everything you could want to organize and control your finances. However you work, no matter what your business does, QuickBooks has a plan for you.

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. Stay informed on the top business tech stories with Tech.co’s weekly highlights reel. For these tasks, you can download the “QuickBooks Accounting” app from the App Store, or the “QuickBooks Online Accounting” app from the Google Play store. Once you’ve logged in, you just need to hit the “+” symbol at the bottom center of the homepage, and you’ll pull up the main menu, which you can scroll through until you find the task you need.

Learn about the different ways you can record your spending, how to record and categorize your spending and the difference between bills, bill payments, expenses, and checks in QuickBooks. Learn how to send reminders to customers when invoices are overdue, and also how to set up batch actions to send multiple invoice reminders in QuickBooks. Once you’ve set everything up and learned how the process works, it’s just a matter of checking in on a daily or weekly basis to make sure it’s all running smoothly. Whether they are contractors or employees here is how you pay your people with QuickBooks.