Your First Steps for QuickBooks Online

1. Skip ALL setup screens except the one where you enter your company name. Some screens click “something else” and this will allow you to setup a very customized QBO instead of having all default accounts that QBO creates on it’s own that you may never need.

2. Edit company settings in QuickBooks Online

3. Choose between cash and accrual accounting methods in QuickBooks Online

Discuss with your Tax Preparer, Enrolled Agent, or CPA to determine the best method for your business.

4. Connect bank and credit card accounts to QuickBooks Online

When connecting bank and credit card accounts, make sure you choose 1/1/20xx for the start date.

5. Connect Apps Compatible with QuickBooks Online

   1. PayPal

   2. Square

   3. Stripe

   4. Etsy

   5. Amazon Business

   6. eBay option 1

   7. eBay option 2

6. Categorize online bank transactions in QuickBooks Online

7. Categorize and match online bank transactions in QuickBooks Online

8. Using Undeposited Funds in QuickBooks Online

9. Enter and manage expenses in QuickBooks Online

10. Customize invoices, estimates, and sales receipts in QuickBooks Online

11. Upload your receipts to QuickBooks Online

12. Create and send estimates in QuickBooks Online

13. Convert an estimate into an invoice in QuickBooks Online

14. Set up and send progress invoices in QuickBooks Online

15. Create invoices in QuickBooks Online

16. Record invoice payments in QuickBooks Online

17. Sign up for QuickBooks Payments

18. Take and process payments in QuickBooks Online with QuickBooks Payments

19. How to download the QuickBooks Online mobile app

20. What are tags and why should I use them?

21. Tag transactions in QuickBooks Online