Setup for QuickBooks

QuickBooks is designed for people who are not accountants, but the first setup has to be done correctly or every report that follows will be off. Setting up the file takes the same information as setting up a set of manual books, and it is harder still if you convert in the middle of the year.

Which accounting method should you use? What chart of accounts fits your business? How are opening balances entered? We answer those questions every day and can have you up and running quickly.

What setup includes

• Reviewing your software and accounting needs and recommending software and hardware
• Installing the software and building your chart of accounts, payroll, receivables, payables and inventory
• Choosing your QuickBooks start date and loading balances as of that date
• Building your list of items sold: services, inventory and non-inventory parts, other charges and sales tax
• Entering open receivables and payables as of the start date
• Entering bank balances, outstanding checks and deposits in transit
• Comparing the opening trial balance to your old system
• Entering transactions since the start date
• Training you or your staff to use the software

Ongoing help

• Follow-up training to make sure you are on the right track
• Monthly, quarterly or annual review of your QuickBooks data for tax preparation and management reports

What does it cost?

We would like to learn a little about your business and your records before quoting a price. We work with many small business owners, and our rates are set with their budgets in mind.