QuickBooks helps you keep financial records, prepare invoices and record sales, pay bills, settle up at the end of the year, and more. In this guide, a top accounting and tax planning consultant tells you what you need to do to be ready for QuickBooks, then how to install and set up the program for your business. Discover how to:

• Use the latest version of QuickBooks to maintain your accounting records in compliance with tax laws
• Create invoices and credit memos, record sales receipts, set up inventory items, and monitor your inventory
• Record and pay bills, print checks, and process payroll, including withholding
• Balance accounts and generate financial reports
• Set up a business budget and reconcile your account
• Perform weekly, monthly, and annual record-keeping
• Create job estimates that can be easily converted into invoices or compared with actual costs
• Track accounts receivable and payable
• Produce reports that help you understand your customer list, vendors, job expenses, inventory, payroll, budget, and more
• Use job-costing procedure that help you estimate, bill, and track jobs
• Decide whether to use accrual-basis accounting or cash-basis accounting