Accounting with QuickBooks Online Accountant
Perform Accounting with QuickBooks Online Accountant
The guide is for accountants who perform accounting using QuickBooks Online Accountant. The guide presents a monthly and annual accounting process.
About
An accounting system is a set of processes that create, record, classify, summarize, analyze, interpret, and communicate information. Business owners use that information to stay informed, make business decisions, and increase their company's financial position, profit, and cash flow.
Bookkeeping is the day-to-day creating, recording, classifying, and summarizing of financial transactions; such as sales and receipts and purchases and payments, and is the foundation of an accounting system.
Accounting is analyzing, interpreting, and communicating business information; such as financial position, profit, and cash flow, and is the pinnacle of an accounting system.
This guide details how accountants perform accounting to increase their clients' financial condition, profit, and cash flow and work with their client's bookkeeper to prepare timely, relevant, and reliable business information.
Table of Contents
- Introduction: Accounting System
- Accountant Tools
- Setting Up Your Books
- Setting Up Your Practice
- New Client Setup Workflow
- Performing Bookkeeping Services Workflow
- Performing Payroll Services Workflow
- Performing Accounting Services Workflow
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