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Published:
November 12, 2019

QuickBooks 2020 For Dummies

Overview

The perennial bestseller—now in a new edition

QuickBooks allows small businesses to manage their own accounting and financial management tasks—without needing to hire expensive financial professionals. This perennial bestseller is here to show you step by step how to build the perfect budget, simplify tax return preparation, manage inventory, track job costs, generate statement and financial reports, and every other accounting-related task that crosses your desk.

Written

by CPA Stephen L. Nelson, it shows you how to get the most out of the software that helps over six million small businesses manage their finances.

  • Handle your financial and business management tasks more effectively
  • Get the most out of QuickBooks’ features
  • Create invoices and memos with ease
  • Pay bills, prepare payroll, and record sales receipts

If you use QuickBooks at work—or want to implement it in 2020—this book has you covered.

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About The Author

Stephen L. Nelson, MBA, CPA, is a managing member of a CPA firm and has served as an adjunct professor of taxation at Golden Gate University's graduate tax school. He is devoted to helping small business owners manage their finances and has written all previous editions of QuickBooks For Dummies and QuickBooks All-in-One For Dummies.

Sample Chapters

quickbooks 2020 for dummies

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Articles from
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If you haven’t already installed QuickBooks 2020, get it over with right now and follow these ten easy steps: 1. Turn on the PC. Find and flip on the computer’s power switch. Depending on which version of Windows you’re using (Windows 7, 8, or 10), your screen may look a little different from the figures here.
If your business owns a lot of stuff with long-lasting value, either you or your accountant needs to keep track of the items. If you need to track the items, you can do so by using the Fixed Asset list in QuickBooks 2020. Adding items to the Fixed Asset list To add a piece of furniture, some bit of equipment or machinery, or another item of long-lived value to the Fixed Asset list, follow these steps: Choose Lists→Fixed Asset Item List to display the Fixed Asset list.
Okay, here’s a cool deal: Within QuickBooks, you can set up user permissions, which enable you to specify who has access to which areas of your QuickBooks files. In fact, you can also work with your QuickBooks file on a network and in a multiple-user environment by using a powerful feature called record locking.
QuickBooks supplies a business-vehicle mileage tracker that you can use to track and tally business mileage. As you may already know, you need to know both your total miles and your business miles to accurately deduct vehicle expenses on your tax return. (If you’re not sure how this works, confer with your tax adviser.
QuickBooks 2020 provides you a very fast setup process compared with other accounting software programs and even with some older versions of the QuickBooks software. Basically, you fill in some boxes and click some buttons, and voilà — you’ve largely set up QuickBooks.In the first QuickBooks Setup dialog box, click the Express Start button.
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