Lesson 01 - Lesson 1: Introducing QuickBooks Pro Return to...

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Return to the QuickBooks Pro 2010 web page Lesson 1: Introducing QuickBooks Pro
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2 Lesson Objectives After studying this lesson, you will be able to: e Understand basic accounting tasks e Manage basic QuickBooks files e Work with the QuickBooks window e Back up a company file e Open a portable company file
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3 What Can QuickBooks Do For You? Track customers, vendors, employees, etc. Process sales transactions and cash receipts Process purchase transactions and payments to vendors Run payroll Track and sell inventory Track assets (what you own) and liabilities (what you owe) Keep track of bank accounts Can you think of any other uses for QuickBooks?
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4 Types of Tasks Those that affect the accounting behind the scenes e Company setup e Activities Those that do not affect the accounting behind the scenes e Lists (databases) e Reports
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Debits and Credits: The Double-Entry Accounting System Debits must always equal credits! e
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This note was uploaded on 09/25/2011 for the course ACG 2011 taught by Professor Applebaum during the Summer '11 term at Broward College.

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Lesson 01 - Lesson 1: Introducing QuickBooks Pro Return to...

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