9780072130959 / 0072130954

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About the book:

Just as no one is born knowing how to use computer software, no one is born knowing how to account for the financial activities of a business. When the owner of a small business sits down with QuickBooks in an attempt to organize his or her record keeping, the harmonic convergence of computer and accounting stuff can prove aggravating to even the most patient personality. In QuickBooks 2001: The Official Guide, Kathy Ivens does a service for entrepreneurs everywhere by explaining both subjects in practical detail. Read this one if you're about to convert to QuickBooks-based bookkeeping or if you want to expand your company's use of the program beyond the basic features.

Ivens has integrated accounting tutorials with QuickBooks documentation nearly seamlessly, though her emphasis falls on the software. She'll typically explain why you'd want to implement some aspect of accounting, then walk through the relevant QuickBooks procedure in its most basic form before tackling unusual situations. Most valuable: Ivens's recommendations for adapting QuickBooks to real business practices. In a section on inventory, she outlines a procedure for keeping track of prebuilt inventory items, even though QuickBooks doesn't explicitly support that kind of tracking. She notes the shortcomings of QuickBooks and points out low-tech workarounds where they're appropriate. She explains, for example, that QuickBooks can't manage multiple state tax authorities and that you'll have to calculate the required figures manually. This is the definitive work on QuickBooks for its everyday users. --David Wall

Topics covered: Intuit QuickBooks 2001 for business managers who use the software to support business decisions. This book documents all the software's features, including payables, receivables, payroll, budgeting, tax accounting, and time tracking. The author explains the accounting and management philosophies behind QuickBooks's features, as well.

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