A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses. Her postgraduate degree in computer management fuels her comprehensive analysis and exploration of tech topics. The inventory management and job costing features are more robust in QuickBooks compared to QuickBooks Online. Another plan separate from QuickBooks Online but offering many of the same features is QuickBooks Solopreneur.

Set up Quickbooks’ sales settings

While there are many options available, you do not need to sign up for all of the QuickBooks services all at once. You can start with a single app, such as the accounting or payroll software, and add others as you expand. If you outgrow any service, you can choose to remove or upgrade it as needed. QuickBooks, on the other hand, is a software dedicated only to accounting. It has features required specifically for accounting like income and expense tracking, payroll management, invoicing and inventory management. While setting up QuickBooks, you can connect your bank as well as credit card accounts to the software.

How to Use the QuickBooks Mobile App

Get a feel for what QuickBooks can do and try out top features using our sample company. Cassie is a former deputy editor who collaborated with teams around the world while living in the beautiful hills of Kentucky. Prior to joining the team at Forbes Advisor, Cassie was a content operations manager and copywriting manager. You can download and get started after spending a couple of hours browsing through the different screens.

1. Money movement services are provided by Intuit Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services.
2. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.
3. A seasoned small business and technology writer and educator with more than 20 years of experience, Shweta excels in demystifying complex tech tools and concepts for small businesses.
4. Currently, QuickBooks is offering two different specials; you can either try it free for 30 days or sign up and get a 50% discount on your first three months.
5. Key information to add here includes sales form design and content, invoice automation setup, and VAT details, as well as the year-end date that company reports will use.

Features that help you get things done

Once you’ve logged in, you just need to hit the “+” symbol at the bottom center of the homepage, and you’ll pull up the main menu, which you can scroll through until you find the task you need.

Find out which tax deadlines are relevant, depending on the federal, state, and local regulations that may apply to your operation. If you’re using QuickBooks Payroll, it has the tax reporting functionality needed to walk you through this process, although you’ll still need your federal and state ID numbers. QuickBooks Accounting supports integrations with other payroll services, but it offers its own software as well. We rate QuickBooks Payroll highly and it will appear as the “Payroll” tab on your dashboard if you use it.

You’ll also want to add integrations with any other business software service you already use. QuickBooks offers a range of integrations covering areas including sales, compliance, marketing, and cash flow forecasting. You can easily scan and upload receipts in real-time using the QuickBooks mobile app, so you don’t need to run helter-skelter to collect them at the time of taxes. If you want, you can also invite them to view the reports themselves and download whatever they need. With QuickBooks, it is very simple to track time as well as billable expenses incurred by employees or subcontractors. They can either enter it themselves using the QuickBooks mobile app or submit it manually and a bookkeeper on your end can enter the details in the app.

Learn about how to add a new supplier to save time, edit supplier information and add columns and sort the Supplier List to get more insight. Learn about convention of conservatism how to navigate QuickBooks Online, understand the difference between the Navbar, Create menu, and Gear menu, and learn how to enter new transactions. Stay informed on the top business tech stories with Tech.co’s weekly highlights reel. Once you have a handle on the day-to-day use of QuickBooks Online, try adding a few more tips and tricks to help you get the most out of the experience. For these tasks, you can download the “QuickBooks Accounting” app from the App Store, or the “QuickBooks Online Accounting” app from the Google Play store.

This subscription plan is specifically for freelancers and independent contractors and is priced at $10 per month, then $20 per month. QuickBooks makes it easier for your business as it calculates your income and expenses automatically as they happen. As you accept payment for any item in the inventory, the right expense account is updated and reflected automatically in taxable income. Learn about how manage inventory products and how to create an inventory product in QuickBooks Online. Learn about the two ways on how to add customers in QuickBooks in order to easily invoice along with autofill information on sales forms. Paperwork can be intimidating, but it doesn’t have to be if you use the right tools.