Datasheet

373373
Index
recording bills with accounts payable,
140–148
recording items and paying at same
time, 161
recording items without, 157–159
sales tax, paying, 153–154
from suppliers transaction, 15
tracking vehicle mileage, 152–153
Vendor Center window, 154
book value, 319
bookkeepers
choosing, 312–313
reviewing canceled checks before, 312
bookkeeping, double-entry, 353–360. See
also accounting
borrowing money, 326–328
boxes, 270
breaking even, 328–330
budgets
adjusting plan, 235
business planner tools, 235–236
forecasting pro ts and losses, 235
need for, 229
overview, 229
projecting cash  ows, 235
secret for, 231–232
setting up plan for, 232–235
tips for, 230–231
Budgets & Forecast report category, 263
Build Assemblies window, 168
Build Point option, New Item window, 45
building products, 167–168
business formulas
borrowing money, 326–328
breaking even, 328–330
economic order quantity formula, 336–337
growth, 330–331
net worth, relation to growth, 331
overview, 325
projections, 332–336
Rule of 72, 338
sustainable growth, 331–332
Business Name  eld, Tell Us About Your
Business dialog box, 28
business owners
accounting system, choosing, 314
bookkeepers, choosing, 312–313
canceled checks, reviewing before
bookkeepers, 312
 nancial statements, reviewing, 313
overview, 311
QuickBooks, 314–315
signing checks, 311–312
simplifying, 315
Business Plan tool, 236
business planner tools, 235–236
business pro ts, 333
buying inventory
overview, 156
paying for items when billed, 159–160
recording items and paying bills at same
time, 161
recording items without bills, 157–159
recording paid for upfront items, 157
• C •
calculating equity account balances, 22
canceled checks, 312
cash
amount owed by customers, 123–125
balance of, 21
deposits, 128–130
 nance charges, 125–128
improving in ow of, 123
projecting  ows of, 235, 346–347
Cash report option, 271
cash-basis accounting, 132, 314, 349
charges
for actual time and costs, 282–283
changing, 199–200
recording, 196–199
chart of accounts, de ned, 354
Chart of Accounts list
checking over work, 79–80
customer balances, 71–72
hiding accounting mistakes, 72–77
overview, 71, 194
supplying missing numbers, 77–79
vendor balances, 72
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