Keeping a clean set of books is essential in running a small business. Proper accounting will allow you to analyze the business to maximize performance, track open customer balances, and keep you in the good graces of federal, provincial, state, and local governments for tax reporting, among other things.
This Getting Started with QuickBooks guide will show you how to
- Enter your legal entity name and EIN.
- Link your business bank account and business credit card to QuickBooks.
- Determine whether you want to report sales taxes on an accrual basis or cash basis.
- Review sales tax on products and services.
Please review this Getting Started Guide to finish your QuickBooks setup!
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