Setting Up QBO

Preview · ~30 min read · from QuickBooks Online Step-by-Step

After reading this chapter, you'll be able to set up a new QuickBooks Online company from scratch by configuring your company information, preferences, and chart of accounts. You'll learn how to customize Account and Settings to control features like class and location tracking, automation options for accounts receivable and payable, and the accounting method your business uses. The chapter also covers how to build your Chart of Accounts with the correct account types and subtypes, and how to import existing lists if you're converting from QuickBooks Desktop.

In this chapter

• Starting a New QuickBooks Online Company
• Configuring Account and Settings
• Advanced Settings
• Setting Up the Chart of Accounts
• Activating Account Numbers
• Adding Accounts
• Modifying Accounts
• Removing Accounts from the Chart of Accounts
• Seeing Inactive Accounts
• Importing Lists
• Do It Yourself
• Initiating Imagine Photography
• Confirm the Chart of Accounts
• Setting Up Account and Settings
• Modify the Chart of Accounts