Set-up your initial financial Chart of Accounts applicable to your
business (something software can't personally provide) including bank, petty cash,
employee advances, fixed assets and other assets, credit cards, loans, payroll, sales tax
payable, and other liabilities, taxable and non taxable sales or services, billing rates,
custom prices, fixed or nut expenses (the bills you have to pay every month)
Explain why your chart of
accounts should be numbered and when you should use classes;
The proper way to record personal credit card charges so you can reimburse
yourself;
Show you how to turn on
certain preferences in QuickBooks related to your business;
Establish correct service or
inventory items, classes, and adjusting Inventory (and if you sell informing you why
it is important to keep track of your shipping costs);
Using custom billing rates
for employees and creating custom price levels for products and services.
Job Costing and Estimates
(and explaining how to convert your estimates into an invoice);
Bank, Petty Cash, Credit Card,
and other Account Reconciliation;
Bill and Credit Card Posting
including matching up net credit card receipts to charges;
Demonstrate the proper way to receive and deposit payments;
Teach you how to file your City
& State and Sales Taxes;
Online Payroll and direct
deposit through QuickBooks whether you have one five, or 18 employees;