QuickBooks 2021 For Dummies. Stephen L. Nelson

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QuickBooks 2021 For Dummies - Stephen L. Nelson


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and Printing a Report Reports Made to Order Processing Multiple Reports Your Other Reporting Options Last but Not Least: The QuickReport Chapter 16: Job Estimating, Billing, and Tracking Turning On Job Costing Setting Up a Job Creating a Job Estimate Revising an Estimate Turning an Estimate into an Invoice Comparing Estimated Item Amounts with Actual Item Amounts Charging for Actual Time and Costs Tracking Job Costs Chapter 17: File Management Tips Backing Up Is (Not That) Hard to Do Using the Accountant’s Copy Working with Portable Files Using an Audit Trail Using a Closing Password Chapter 18: Fixed Assets and Vehicle Lists What Is Fixed-Assets Accounting? Fixed-Assets Accounting in QuickBooks Setting Up a Fixed Asset List Tracking Vehicle Mileage

      9  Part 5: The Part of Tens Chapter 19: Tips for Handling (Almost) Ten Tricky Situations Tracking Depreciation Selling an Asset Selling a Depreciable Asset Owner’s Equity in a Sole Proprietorship Owner’s Equity in a Partnership Owner’s Equity in a Corporation Multiple-State Accounting Getting a Loan Repaying a Loan Chapter 20: (Almost) Ten Secret Business Formulas The First “Most Expensive Money You Can Borrow” Formula The Second “Most Expensive Money You Can Borrow” Formula The “How Do I Break Even?” Formula The “You Can Grow Too Fast” Formula The First “What Happens If … ?” Formula The Second “What Happens If …?” Formula The Economic Order Quantity (Isaac Newton) Formula The Rule of 72

      10  Part 6: Appendixes Appendix A: Installing QuickBooks in Ten Easy Steps Appendix B: If Numbers Are Your Friends Keying In on Profit In the Old Days, Things Were Different What Does an Italian Monk Have to Do with Anything? Two Dark Shadows in the World of Accounting The Danger of Shell Games Appendix C: Sharing QuickBooks Files Sharing a QuickBooks File on a Network Installing QuickBooks for Network Use Setting User Permissions Specifying and Working in Multiuser Mode

      11  Index

      12  About the Author

      13  Advertisement Page

      14  Connect with Dummies

      15  End User License Agreement

      List of Tables

      1 Chapter 1TABLE 1-1 A Profit and Loss Report

      2 Chapter 2TABLE 2-1 A “Slightly Awkward Way” Sample Trial BalanceTABLE 2-2 A “Right Way” Sample Trial Balance

      3 Chapter 15TABLE 15-1 QuickBooks Report Categories

      4 Chapter 19TABLE 19-1 An Example of Owner’s Equity Accounts in a Sole ProprietorshipTABLE 19-2 An Example of Owner’s Equity Accounts in a PartnershipTABLE 19-3 An Example of Owner’s Equity in a Corporation

      5 Chapter 20TABLE 20-1 Annual Interest Rates for Early-Payment DiscountsTABLE 20-2 Costs and RevenueTABLE 20-3 The Break-Even PointTABLE 20-4 Your Business ProfitsTABLE 20-5 Your Current SituationTABLE 20-6 How Profits Look at Various Sales Levels

      6 Chapter 22TABLE B-1 The


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