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i.Quickbooks tutorial youtube MaQuickbooks tutorial youtubeĭownload > Download Quickbooks tutorial youtube For example, a custom farmer may bill for partial payment before providing any work, once planting is completed, and after harvest. Using progress invoicing: Select “Yes” to use progress invoicing. Using statements in QuickBooks®: If you would like to be able to create and send billing statements, select “Yes.” h. Using sales receipts in QuickBooks®: If you would like to use sales receipts, choose “Yes.” g.
Tracking customer orders in QuickBooks®: If you take customer orders and would like to track them in QuickBooks®, select “Yes.” f. Do you want to create estimates in QuickBooks®? If you provide custom work or other services for which you may want to create estimates, select “Yes.” If you do not need to create estimates, choose “No.” e. Unless you sell at the retail level, select “No.” d. Do you charge sales tax? In most cases, agricultural producers do not have to worry about sales tax unless production is sold at the retail level. Do you sell products online? Indicate whether or not you sell products online.
What do you sell? If your business consists entirely of producing and selling agricultural commodities, you should choose “Products only.” However, if you also provide any services, such as custom work, you should select “Both services and products.”ī. Continue answering the Easy Step Interview questions to customize QuickBooks® for your business: a. Create you company file: Click “Next” and specify where you would like QuickBooks® to save your company file.
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Set up your administrator password: If others will have access to your computer or company file, it is a good idea to set up an administrator password so only you will have full access to your QuickBooks® company file. Select the first month of your fiscal year: Select January, unless you prefer to define a different fiscal year. (The rest of the interview questions in this example are based on a sole proprietorship). Selecting the correct business type will simplify tax preparation later on. If you don’t know what you company organization type is you are most likely a sole proprietorship. How is your company organized? Select your company organization type. For most farming and ranching operations, you will want to select “Agriculture, Ranching, or Farming.” d. Select your Industry: Based on your selection, QuickBooks® will customize its settings to better accommodate your business. Enter your company information: You are only required to enter a company name, but entering all pertinent company information now will save time and make things easier later. Click “Start Interview” and begin answering the interview questions. (This option can also be found in the File menu on the toolbar). Once you have opened QuickBooks®, select the “Create a new company” option. More information regarding these courses will be made available on the USU Extension Agribusiness Webpage: 3Ĭreate a Company File using the Easy Step Interview: a. In addition to this self-study guide, Utah State University Extension also organized occasional QuickBooks® courses.
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This tutorial was written to guide you in using QuickBooks® Pro 2009, but may also be useful if you are using another edition of QuickBooks® as many of the recent editions have the same or very similar interfaces and most of the tasks are accomplished in a similar manner. As you regularly and accurately enter all your record keeping information into QuickBooks®, you will be able to make use of the many financial reports QuickBooks® can generate and make available for you to better manage and analyze your business performance.
#Quickbooks tutorial youtube how to
It will also show you how to track your sales and create invoices and sales receipts for you customers. The tutorial will show you how to track your bills in QuickBooks® and better ensure they are paid on-time. It will guide you through the process of creating a company file in QuickBooks®, setting up a chart of accounts, and creating customer and vendor lists. This tutorial is meant to enable you to better manage your business finances by guiding you through the basics of keeping adequate records for your farming operation using QuickBooks®. Utah State University Extension is dedicated to helping agricultural producers in Utah succeed in their agricultural endeavors. 21Ī Basic Guide for Beginning QuickBooks® Users Step 2: Familiarize Yourself with the QuickBooks® Homepage. 4 Customize QuickBooks® for you Business. Step 1: Complete the Easy Step Interview. Drollette Department of Applied Economics Utah State University A Basic Guide for Beginning ® QuickBooks Users
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