Endorsements
This book is the fourth edition of a bestselling franchise designed for small businesses owners and bookkeepers. We got the following reviews from the industry go-getters:
“With the new year comes a new set of accounting books for business owners. If you’re a QuickBooks user, the best guide on the market in my opinion is the one written by Crystalynn Shelton, CPA.”
- Megan Hanna, Doctor of Business Administration
“Crystalynn's book really shines in this one aspect of making friendly and non-threatening the process of taking the day-to-day details of your business, and painlessly translating them into a form that not only QuickBooks but even you can understand.”
- Shuba Chakravarthy, founder of business finance platform Achiiv
“Reader friendly, great content construction and organization, and valuable tips. I plan to keep this book by my side the entire year. Every business owner, aspiring business owner, and business student needs to use this book as a reference guide to bookkeeping success.”
- Charlene Rhinehart, CPA, founder & EIC of financial media platform Wealthy Women Daily
Key features
This book has some advantages that should make it your go-to resource when setting up QuickBooks Online (QBO) for your finances:
- A detailed overview of QuickBooks features from zero background knowledge, covering more than other books. Each chapter contains quick instructions if you need to jump straight to the action.
- An author who is experienced in writing bestsellers and is active in the QuickBooks community. Throughout the book you’ll receive Certified Public Accountant (CPA) advice on all the grey areas.
- Over 400 screenshots of the latest QuickBooks layout, so you can see exactly what you need to click on and where.
What you’ll learn
In this book, you’ll learn what QBO is, what industries it works best for, and what subscription model is the most appropriate for your business.
Then you’ll perform company file setup such as adding a logo, contact information, and payment terms for customers and vendors.
After that, you’ll learn how to set up your regular suppliers, clients, and products, so you can really speed up the bookkeeping process. You’ll also get guidance on topics that vary in different situations, like paying sales tax or setting up payroll.
You’ll see what reports you can generate, including A/R and A/P reports and statements of cash flows. You’ll learn how to close the books at the end of the financial year by following a handy checklist. Finally, you’ll find out how to handle bank card transactions and install third-party apps.
You might be able to see all this in the table of contents:
- Getting Started with QuickBooks Online
- Company File Setup
- Migrating to QuickBooks Online
- Customizing QuickBooks for Your Business
- Managing Customer, Vendor, and Products and Services Lists
- Managing Sales Tax
- Recording Sales Transactions in QuickBooks Online
- Recording Expenses in QuickBooks Online
- Reconciling Uploaded Bank and Credit Card Transactions
- Report Center Overview
- Business Overview Reports
- Customer Sales Reports in QuickBooks Online
- Vendor and Expenses Reports
- Managing Employees and 1099 Contractors in QuickBooks Online
- Closing the Books in QuickBooks Online
- Finding Apps and Handling Special Transactions in QuickBooks Online
- QuickBooks Online Advanced
Appendix:
- Shortcuts and Test Drive
- QuickBooks Certified User Exam Objectives
Crystalynn Shelton is a licensed CPA and small business advisor specializing in financial accounting software training, coaching, and consulting. She has written two Amazon Bestsellers, Mastering QuickBooks 2020 and Mastering QuickBooks 2021. In addition to having experience as a small business owner, she has more than 20 years of experience in the entertainment, oil and gas, education, and computer technology fields. Crystalynn is an Advanced Certified QuickBooks ProAdvisor and has taught accounting, bookkeeping, and QuickBooks courses for the last 12 years at the University of California at Los Angeles Extension. When she is not in the classroom, Crystalynn enjoys trying new restaurants and curling up with a good book!
