Quickbooks(R) 2003: The Official Guide

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9780072226799: Quickbooks(R) 2003: The Official Guide

Manage your small business easily and effectively with the ONLY Intuit-authorized guide to QuickBooks! Now you can take charge of your small business finances and learn to use the many helpful and innovative elements of this powerful software with the official guide to QuickBooks 2003.

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Review:

For businesspeople who can't seem to justify a dedicated accounting department, QuickBooks 2000 can provide the needed recordkeeping and reporting capabilities. QuickBooks 2000: The Official Guide, the latest official QuickBooks book from respected author Kathy Ivens, decodes the QuickBooks (and QuickBooks Pro) interfaces and shows you how to fit these popular accounting packages into your way of doing business.

Strangely, the Customer Center receives no mention, but Ivens covers practically everything else, making it easy for you to flip right to a discussion of whatever is confusing you at the moment. You'll usually find the discussion organized around standard business procedures rather than the software's design and terminology.

Ivens is at her best when she explains how to reconcile the inflexibilities of QuickBooks with the realities of business: for example, how to deal with a customer who pays after 20 days but takes the three percent discount that was supposed to be good for only 10 days. (QuickBooks wants to stick the customer with the remaining three percent, but Ivens shows how to account for your own generosity.) She also explains such mysteries as how to create a template that yields warehouse pick lists along with invoices, and how to properly collect sales tax from customers in multiple states. Overall, this is a highly practical guide to using QuickBooks 2000 as a management tool for small and medium-size businesses. --David Wall

Topics covered: Intuit QuickBooks 2000 and QuickBooks Pro 2000 as accounting and management tools. This book documents these features of the programs completely, touching on initial setup before explaining payables, receivables, payroll, taxes, inventory, time tracking, and paper forms.

Review:

Endorsed by the program's publisher, QuickBooks: The Official Guide is a very good resource for those who use QuickBooks or QuickBooks Pro as a tool for small-business management. As you would expect, this book gives detailed explanations of every last interface feature of both applications. In that sense, this is an excellent supplement to the manuals that come with those programs. The author--a CPA--has packed much more than procedures into this book. You'll find solid business advice, including some very good tax tips.

QuickBooks: The Official Guide doesn't shy away from noting QuickBooks' shortcomings and suggesting workarounds for them. In the area of inventory, for example, Ivens points out that QuickBooks can't "freeze" levels during a physical count and offers a way to simulate such a feature. Similar hints appear for keeping track of petty cash (including that which gets dispensed from ATMs) and many other topics.

This book includes nifty, lifelike scenarios that help untangle potentially difficult situations, such as payroll garnishments for child support and tax payments to multiple states. These brief, very readable features are this book's real gems. --David Wall

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