Hello, I'm new to QB, how to set up QB for my service industry? Looking for someone who could do this for me? my business is based in UAE.
Thanks for choosing QuickBooks Online (QBO) in managing your business. Let me guide you on how you can set up your service industry in your account, evansmuriu291.
When signing up for QBO United Arab Emirates (UAE) version, it will ask your business type in the Tell us about your business page.
If you'll want to update it, we can access the Company settings to change it to your service industry. Let me show you how:
For more insights about managing your account, just refer to this link: https://quickbooks.intuit.com/learn-support/manage-your-account/misc/02/manage-your-account-global?l....
Visit our QBO Helpful Articles page that will provide you articles about running your business in QBO.
This will take you in the right direction today, but please don't hesitate to get back to me if you have any follow-up concerns. I'm always here to help. Have a great day ahead.
have done all those setups watching a youtube video. Now, need to know, how to set up expense line items by branch, organize them like (revenue, expense, asset et.c) which I don't know :) (don't have accounting background)..
Thanks for coming back, benstan.
Are you referring to adding an item under an expense account? If so, we can add a new product or service item posted to an expense account to track the sale.
But first, let's enable the Inventory tracking feature in QuickBooks Online (QBO). Just refer to this article for the steps and details: Set up and track your inventory in QuickBooks Online. Then, go to Step 1: Turn on the inventory tracking section.
Then, follow the instruction below on how to add a new item:
For more details about this one, check out this article: Add product and service items to QuickBooks Online.
To learn more about how to properly use items in your account, refer to this link: https://www.firmofthefuture.com/content/quickbooks-expense-or-items-tab-quickbooks-accounting-tips/.
Visit our Expenses Helpful Articles for more insights about managing your expenses.
I'm just one reply if you need a hand with managing your Chart of Accounts or ay QBO related. I'll be here to help. Take care always.
Hi, Thank you
I did add one of our services and created a category.
my main concern is, how to set up expense line items, their associated types etc.
I have 2 branches now, both branches sell at different prices as per the market.
Hello there, benstan.
You can use the class tracking feature that allows you to associate each product line. You can organise your customer and supplier transactions by class. This lets you get clearer insights on your sales, expenses, or profitability by business segment.
To use this feature, let's turn it on first. I'll show you how:
For more details on how the class tracking works and on categorizing your items, check out these articles:
I'm just here if there's anything else that you need help with. You take care!
Thank you, before I do this, I forgot ask, How do I add 2 branches under one user license from QB? please advise.
Thank you, I followed that.
Next in expenses, how to do the following
Payroll (main) 6000
6001 Emp Cost
6002 HRA Allowance
6003 TA
Admin 7000
7001 Office Stationery
7002 xxx
Many thanks in advance
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wants to know how to create replica of our books of accounts from QB to an other QB for testing purpose without changes in original books.
Where is your company located?
I'm here to guide you in creating a replica of your books of accounts from your QuickBooks Online (QBO) company to your other account, @Pradeep K.
You can move your existing lists from another QBO company. To do this, you'll have to manually export your books of accounts to an Excel file and import them to the other one. This way, there'll be no changes in your original books.
There are a few ways to export your data out of QuickBooks. Many forms, lists, and reports have a download button (Please see the attached file below).
You can save the data onto your computer's hard drive or follow these steps below on how to export your account list. Here's how:
After that, log into your other QuickBooks company and import your books of accounts. Here's how:
To learn more about exporting and importing your lists (suppliers, customers, inventory, and chart of accounts) to QBO, I encourage you to check out this article: Move your lists to QuickBooks Online.
Once done importing, the next step is to download your transactions to QuickBooks. You can either connect your accounts to online banking or manually upload them. Then, categorise them to keep your books updated.
Let me know in the comments below if you need further assistance in managing your books of accounts in QBO. I'll be glad to help. Take care always.
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Hey All,
I hope you are well.
Is it possible to create a link between my QuickBooks and any PoS system?
Let me help you find the right app, szirabamuzale.
There are several POS systems that integrate with QuickBooks Online. You can go to your Apps menu or use this link to find one: Apps help QuickBooks run better.
If your POS system isn't listed in the apps menu, you can still use it, but you'll need to use a third-party app connector to connect it to QuickBooks Online.
Let me know if you still have other questions about QuickBooks Online. I'll be here to help.
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