QuickBooks Installation & Setup
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QuickBooks Setup
QuickBooks is marketed as an easy-to-use accounting software that requires little or no accounting skills to operate. This is true, but one must follow the prescribed instructions for using the software. Consequently, this creates a learning curve for which most business owners do not have the time for as they are eager to get started right away. Using Quickbooks without first understanding the setup features and the correct workflows to implement will result in unreliable and misleading financial information. To avoid costly mistakes, it’s best to have a professional handle the initial setup, ensuring QuickBooks is properly configured and customized to fit your business needs.
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Common QuickBooks features
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Track income & expenses
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Manage invoicing & accounts receivable
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Estimates and progress invoicing
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Manage bills & accounts payable
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Record payroll
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Track inventory
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Create recurring transactions
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Create billable expenditures and delayed charges
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Manage retainers and prepayments
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Create price rules for promotion, discount, holiday sales
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Multicurrency
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Project management
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Class, location and tag tracking
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Forecasting
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Budgets
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Reconcile bank and other GL accounts
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Purchase orders
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Create customer statements
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Financial reporting
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App interation
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Other Services​​
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Maintain accounting system using both QuickBooks Desktop and QuickBooks Online
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Prepare financial statement (Profit & Loss, Balance Sheet, Cash Flow, amoung others)
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Convert QuickBooks Desktop to QuickBooks Online
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Clean up/Catch up work
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Project accounting
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Payroll
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QuickBooks training
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Monthly accounting services
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Self Employed Persons Annual Return of Income, Taxes and Contributions Payable (S04)
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Employer's Monthly Statutory Remittance Payroll Deductions (S01)
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General Consumption Tax Return (4A)
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