Setting Up QBO
After reading this section, you'll be able to set up a new QuickBooks Online company file from scratch and configure it to match your business needs. The setup process starts with Account and Settings, where you establish your company name, tax form, industry, and contact information, followed by configuring Advanced Settings to turn on features like Classes and Locations that track different aspects of your business. You'll also learn how to structure your Chart of Accounts—the master list of all accounts that feeds into your financial reports—which is fundamental to keeping your books organized and accurate.
In this chapter
- Starting a New QuickBooks Online Company
- Configuring Account and Settings
- Setting Up the Chart of Accounts
- Setting Up Products & Services
- Importing Lists