By Stephen L. Nelson
I bought this e-book and learned i wanted bookkeeping for dummies which I then bought. i did not recognize something a few chart of debts or depreciation. i'm going to come again to it after i am getting a greater deal with at the accounting stuff. it kind of feels love it might be necessary as soon as i've got QuickBooks manage. i'd suggest it.
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Additional info for QuickBooks Simple Start For Dummies
If you’re using some other flavor of Windows, the window looks different. But it works in roughly the same way. After you see the first QuickBooks Simple Start window, click its Start button. 5. Tell QuickBooks how you want to get started. After you click the Start button, QuickBooks Simple Start asks how you want to get started. But what it’s really asking is whether you want to install the Simple Start software on your desktop computer — you would make this choice by clicking the Get Started with Desktop Edition button — or work with an online version over the Internet.
Or if you want instead to have the LLC treated as a C corporation or an S corporation (two choices we’ll talk about in the next sections), you can do that, too. You tell the IRS how you want an LLC to be treated for tax purposes by using a special 8832 form (see Figure 1-2). I need to also mention a quick third benefit, the less red tape and paperwork benefit. Let me back up a bit, though, by saying that corporations, an entity form that has been around for more than a century, also provide for limited liability.
You need to answer this question, too. If you do create (or you want to create) estimates, select Yes. If you don’t, select No. Chapter 1: Preparing to Use QuickBooks Simple Start • Indicate whether your customers are subject to sales tax. If they are, click the Yes button. If you click the Yes button, you also need to label the sales tax you pay, specify the tax rate, and name the tax agency to which you remit the sales taxes. In Figure 1-9, for example, I provided the information necessary to put a line on receipts and invoices for Washington state sales tax.
QuickBooks Simple Start For Dummies by Stephen L. Nelson