Bookkeeping · 5 min read
QuickBooks Setup for Small Businesses
QuickBooks setup for small businesses helps owners track income, expenses, invoices, bills, payroll, taxes, and financial reports. Proper setup prevents bookkeeping problems later.
Details
A small business QuickBooks setup should include:
- Company profile
- Chart of accounts
- Bank feeds
- Credit cards
- Products and services
- Customers
- Vendors
- Invoice templates
- Payroll settings
- Sales tax settings
- User permissions
- Reports
Details
The chart of accounts should match your business type. A contractor, restaurant, consultant, and real estate investor may all need different categories.
