QuickBooks Setup

Services

As with any accounting software program, installation and training take time – time taken away from you managing your business. Here’s a short list of the services we provide during your

Although QuickBooks is designed for the layman to understand, the initial setup and installation must be done correctly in order for future information to be accurate.

 

All information necessary to setup manual accounting records is also necessary to setup and install QuickBooks on your desktop. This task is even more complicated if you switch from manual accounting operations to QuickBooks in the middle of the year.

Which accounting method will you use? What chart of accounts do you need for your business? How do you handle beginning balances?

An expert can easily answer all of these questions and complete the initial Setup and Installation in a timely manner. In addition, your accounting employees receive training on the accounting software to enhance their performance.

How much does it cost?

We first want to find out a little more about your business and your accounting records before we quote you an exact price. Rest assured that we work with many small business owners and our rates are designed to fit the budgets of our clients.

QuickBooks Setup

  • Study and evaluate your software and accounting needs.
  • Recommend software and hardware requirements.
  • Install software, design and set up chart of accounts and entire accounting package including payroll, accounts receivable, inventory, accounts payable, etc.
  • Determination of your QuickBooks starting date
  • Loading your chart of account and balances as of that starting date
  • Preparation of a list of the items that you sell to your customers. This list includes services, inventory parts, non-inventory parts, other charges and sales taxes
  • Entering your outstanding accounts receivable and accounts payable details as of your starting date
  • Entering your ending statement bank balances and outstanding checks & deposits in transit as of your starting date
  • Printing a trial balance as of your starting date and comparing it to your trial balance from your old system
  • Entering your transactions since your starting dates into QuickBooks
  • Train client or client staff in use of software to meet their accounting, management and tax needs

Ongoing Services

Follow up training to ensure the client is “on the right track”. Monthly, quarterly or annual review of client QuickBooks data to assist in tax preparation and management reports.

QuickBook accounting software included various accounting functions like financial recording, accounts payable and accounts receivable, credit card administration and assessment etc.

Benefits of QuickBooks

Easy to Use

QuickBooks accounting software is easy to understand and use.  With little training or effort anyone can be a basic understanding of how it works.

Effective Recording and Reporting

Financial data and records are not only easy to edit and maintain but also generating routine reports could be done in few clicks. Another added feature that makes the entire task effective is that these reports can be easily downloaded and can be circulated using email.

Money Handling

QuickBooks accounting software helps in money management as well. Notifications and reminders can be added on customer invoices to ensure they have been viewed and to help safeguard against late payments happening.  QuickBooks can also be linked to your bank and credit card accounts.  Transactions are downloaded automatically, saving data entry time.  

Documenting Sales

QuickBooks can help save time and streamline your sales processes.  The software works with many POS systems and can download your sales transactions automatically, saving data entry time.