QuickBooks 2016: The Missing Manual

Introduction

Thousands of small companies and nonprofit organizations turn to QuickBooks to keep track of their finances. And over the years, Intuit has introduced various editions of the program to satisfy the needs of different types of companies. Back when milk was simply milk, you either used QuickBooks or you didn’t. But now, when you can choose milk from soybeans, nuts, rice, and cows—with five different levels of fat—it’s no surprise that QuickBooks comes in a variety of editions (which, in some cases, are dramatically different from their siblings) as well as six industry-specific editions. From the smallest of sole proprietorships to burgeoning enterprises, one of these editions is likely to meet your organization’s needs and budget.

QuickBooks isn’t hard to learn. Many of the features that you’re familiar with from other programs work the same way in QuickBooks—windows, dialog boxes, drop-down lists, and keyboard shortcuts, to name a few. And with each new version, Intuit has added enhancements and features to make your workflow smoother and faster. The challenge is knowing what to do according to accounting rules, and how to do it in QuickBooks. This book teaches you how to use QuickBooks and explains the accounting concepts behind what you’re doing.

What’s New in QuickBooks 2016

Despite the fluctuating size of the tax code, accounting and bookkeeping practices don’t change much each year. The changes in QuickBooks 2016 are mostly small tweaks and subtle improvements, but ...