Starting in Business - Free Business Guide
If you are just starting in business or thinking about starting a business see our free business guide on starting on business. How to choose your trading style , whether you should be a Limited Company, Sole Trader, or Partnership. How to register for Tax, VAT and PAYE. What books you need to keep. How to write a business plan, how to raise finance. Its all here in your completely Free Business Guide Starting in Business - Free Business Guide
Limited Company or Sole Trader or Partnership
Yes absolutely you can, If you are a Sole Trader, Partnership, Limited Company or a PLC. Quickbooks can produce full Profit and Loss and Balance Sheet accounts . It will also produce very detailed Management Accounts . We can show you how to do this in our various Quickbooks Training courses. If you need a hand or someone to do it for you we offer a Quickbooks Accounting and Book-keeping service. We are Qualified Financial Accountants who have spent years dealing with a business or charity just like yours..
VAT - Should you Register ?
Yes, There is a full payroll program built into Quickbooks. You need to pay a monthly licence fee to Intuit to unlock this facility. This handles Tax, National Insurance, SSP, SMP, Pension deductions, Loans and Advances, attachement of earnings orders. Weekly, Monthly payroll. Our Payroll training course on quickbooks will show you how this all works. P45s, P46 P60 and P35 can all be filed electronically with HMRC from within Quickbooks. If you want someone else to handle payroll for you. We have been running a payroll service for over 25 years and we can help you.
Wages and PAYE
Yes there is a Stock system in Quickbooks. We can show you how this operates how to set it up and how to use it. Quickbooks Training
Drawing up a Business Plan ?
Yes, your employees can allocate their time to different customers, for differnt jobs for various types of work. All this can be set up to charge your customers or just to record the amount of time spent for monitoring purposes. If you use Quickbooks payroll this can be linked in to pay your employees based upon the time recorded in their time sheets. Quickbooks one to one training
Keeping your Books
Yes, once set up all costs however incurred can be allocated back to a specific customer and a particular job, if need be these costs can then be used to generate an invoice to a customer. We show you how Job costing works within Quickbooks. Quickbooks Training
Chooosing an Accounting system
Yes Quickbooks Pro and Quickbooks Premier can be used in Multiuser mode . You will need to purchase the appropriate number of Quickbooks licences in order for them to be true multi user. Our individual Quickbooks Training will show you how.
Opening a Bank Account
Yes you can rasie Sales estimates and quotations within Quickbooks and then turn them into a Sales Invoice with a couple of clicks making it neccary to re enter the data into Quickbooks. Our One to One Quickbooks training courses can show you how if this area is of interest to you.
How about Tax
Yes Multi currency is available within Quickbooks. But once this has been switched on it is not reversable so make absolutely sure you need this facility and know how to use it before turning on Multi currency in Quickbooks. Our Advanced and Bespoke Quickbooks training courses will show you how Quickbooks uses Multi currency.
Engaging an Accountant
There are currently three versions of Quickbooks, Simplestart, Quickbooks Pro and Quickbooks Premier. This link from Intuitshows you the differences between the various programs. If you are thinking of buying Quickbooks and are not sure which version you need contact us here and we will be pleased to help.
Keeping track of how your business does.
Yes as long as the system has been set up correctly - let us show you how or let us do it for you. Then you can produce meaning full graphs of your business - make the figures come alive. Our Training on Quickbooks covers this.