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Hi to All
I am new to the forum and looking for some help. its about Accounting and Quickbooks
so Moderators may Move this thread to QUICKBOOKS forum if they found it appropriate for that Forum. I am getting to point without taking much time of you
I am running a small business of Retail & Distribution.I have to track my Inventory , Cash , Banks, Expenses. All were done manually. Now i have moved to Software QUICKBOOKS 2014.I have installed it to my LAPTOP and created my Company File.
I have created my Customers and Inventory Items.I have also created Payrolls & necessary Accounts for expenses. Now
1. I have Added Customers Beginning Balances
2. I have Added Opening Inventory with its Values
3. I have Added Payable To Vendors
4. I have Added Receivables From Employees
5. I have An Investor ( One of My Friends ) and I added his Investment.
6. I have Added Opening Bank Balances.
All other accounts default is set.
Now Point is that , All is Set for me to Start Posting My Daily Transaction of SALES & Expenses OR
I have to do something other to balance my DATABASE ?.
Please Help me Out. I am New to QuickBooks
DETAILED help will be appreciated
Regards
ATTIEQ
I am new to the forum and looking for some help. its about Accounting and Quickbooks
so Moderators may Move this thread to QUICKBOOKS forum if they found it appropriate for that Forum. I am getting to point without taking much time of you
I am running a small business of Retail & Distribution.I have to track my Inventory , Cash , Banks, Expenses. All were done manually. Now i have moved to Software QUICKBOOKS 2014.I have installed it to my LAPTOP and created my Company File.
I have created my Customers and Inventory Items.I have also created Payrolls & necessary Accounts for expenses. Now
1. I have Added Customers Beginning Balances
2. I have Added Opening Inventory with its Values
3. I have Added Payable To Vendors
4. I have Added Receivables From Employees
5. I have An Investor ( One of My Friends ) and I added his Investment.
6. I have Added Opening Bank Balances.
All other accounts default is set.
Now Point is that , All is Set for me to Start Posting My Daily Transaction of SALES & Expenses OR
I have to do something other to balance my DATABASE ?.
Please Help me Out. I am New to QuickBooks
DETAILED help will be appreciated
Regards
ATTIEQ