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QuickBooks Simple Start - Setup and Usage Process

  • Writer: mac davis
    mac davis
  • Feb 6, 2023
  • 2 min read

QuickBooks Simple Start is a basic version of QuickBooks accounting software. It is designed for small businesses that manage their income and expenses, create invoices and estimates, and track sales tax. Simple Start is designed for companies with basic accounting needs and does not include advanced features such as inventory management, job costing, and budgeting. It is a single-user software and does not include multi-user support like the other versions of QuickBooks.


QuickBooks Online Simple Start Key Features

Some of the key features of QuickBooks Simple Start include:

  • Create invoices and estimates: You can create and send professional-looking invoices and estimates to customers.

  • Track income and expenses: You can track your income and expenses by category and monitor your cash flow.

  • Sales tax management: You can set up and track sales tax rates and prepare sales tax reports.

  • Easy data entry: With a streamlined interface, you can easily enter and categorize transactions.

  • Reports: QB Simple Start includes a variety of financial reports to help you stay on top of your business finances.

  • Import data: You can import your data from Excel or other financial software.



How to Setup QuickBooks Simple Start Online?

To set up QB Simple Start, you will need to follow these steps:

  1. Purchase and download Simple Start from the QuickBooks website.

  2. Install the software on your computer by following the prompts during the installation process.

  3. Once the installation is complete, open Simple Start and select your business type.

  4. Enter your business information, which contains your company name, address, and contact information.

  5. Set up your chart of accounts by entering information about your income, expenses, and assets.

  6. Enter any customer and vendor information that you have.

  7. Set up any items that you sell or purchase, such as products or services.

  8. Once you have completed these steps, you can enter transactions and manage your finances with Simple Start.

It's recommended to go through the tutorials and practice with sample files before you start using the software on your real data; this will help you familiarize yourself with the software and ensure that you set it up correctly.

Step-by-Step Procedure to Use Simple Start QuickBooks

Here is a step-by-step procedure for using Simple Start:

  1. Open QuickBooks Simple Start and log in to your account.

  2. Enter transactions: Go to the "Banking" menu and select "Enter Transactions." You can then enter the details of the transaction, such as the date, amount, and description.

  3. Create invoices: Go to the "Customers" menu and select "Create Invoices." You can then enter the details of the invoice, such as the customer, products or services sold, and the total amount due.

  4. Manage bills: To manage accounts, go to the "Vendors" menu and select "Enter Bills." You can then enter the bill's details, such as the vendor, the products or services purchased, and the total amount due.

Conclusion

This blog presents you with the QuickBooks Simple Start information for setting up and utilizing it. A QuickBooks Online Simple Start is like the software of QuickBooks Desktop. You will find some fantastic features which make your accounting easy. However, if you face any issues installing Simple Start, you can contact our ProAdvisors to get help. Thank You!


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