QuickBooks Pro 2008 Essentials is an accessible, step-by-step guide to installing, using and mastering the most widely used software for small businesses. Supportive pedagogy helps students develop a strong working knowledge of QuickBooks Pro. This book focuses on the basic business processes of the software and teaches students step-by-step how to set up and run a merchandising corporation.

Features:

• Students receive a fully-functioning copy of QuickBooks Pro 2008 with their textbook that is good for 140 days. Students also receive 30 days of online support from QuickBooks once they register their software.
• Textbook is designed to complement and enhance existing Financial Accounting and Principles of Accounting courses or to be used with other Computer Accounting Essentials texts in a stand-alone computer accounting course.
• Includes step-by-step instructions for software installation and how to set up and run a corporate retail business that sells inventory.
• Provides valuable training for future accountants, entrepreneurs, and managers who will operate in a small business.
• Explores the software to familiarize students with important internal controls and business processes.
• Allows students to send their work via e-mail to their professor.
• Integrates the videos, glossary, and extensive website resources of QuickBooks and its online community resource center.
• Authors Carol Yacht and Susan Crosson write all teaching supplements to ensure perfect agreement between textbook and ancillaries.

Table of Contents

1: SOFTWARE INSTALLATION AND CREATING A NEW COMPANY
After verifying your computer meets or exceeds the system requirements, you install QB Pro. Following the EasyStep Interview you create a new company and then you back it up. Finally, using the QuickBooks Coach feature you learn about QuickBooks many videos and the workflow paths of the QuickBooks desktop.

2: EXPLORING QUICKBOOKS
There are two sample companies included with the software: a product company and a service company. You explore these sample companies to learn about QB Pro's user interface, internal controls, and help resources. In addition, you review user roles, customize the privileges of a user, and e-mail a company backup to your professor.

3: NEW COMPANY SETUP FOR A MERCHANDISING BUSINESS
In this chapter, you begin operating a retail business called Your Name Retailer, Inc. You enter beginning balances for October 1, edit the chart of accounts, record and post bank transactions, complete bank reconciliation, and print reports. Detailed steps and numerous screen illustrations help you learn how to use QB Pro.

4: WORKING WITH INVENTORY, VENDORS, AND CUSTOMERS
In this chapter you complete two months of transactions for a retail business to learn basic business processes. You set up vendor preferences, defaults and inventory items, record vendor transactions, make vendor payments, record sales transactions, and collect customer payments. You also complete a bank account reconciliation, display various reports, and prepare financial statements.

5: ACCOUNTING CYCLE AND YEAR END
In this chapter you review the accounting cycle and complete end-of-year adjusting entries, print financial statements, and make closing entries.

6: FIRST MONTH OF THE NEW YEAR
In this chapter you open the new fiscal year, record one month of transactions for your business, make adjusting entries, and print reports.

Project 1: Your Name Hardware Store, is a comprehensive project that incorporates what you have learned.

Project 2: Student-Designed Merchandising Business, asks you to create a merchandising business from scratch.

Appendix A: Review of Accounting Principles

Text Web site: Additional textbook related resources are on the textbook website at www.mhhe.com/yachtessentials4e. It includes resources for each chapter, including troubleshooting tips, online quizzes, etc.