The best free accounting software should include the ability to track all income and expenses as well as produce basic financial reports like the profit and loss, balance sheet, and cash flow reports. We’ve identified five great free accounting software options for small businesses. Top 5 Free Accounting Software : Best overall free accounting software…
About the Author
Tim Yoder
Tim Yoder is a subject matter expert at Fit Small Business focusing on small business bookkeeping, accounting, and tax content. He received his Ph.D. from Penn State and then taught tax and accounting to undergraduate and graduate students as an Assistant Professor at both the University of Nebraska Omaha and Mississippi State University. Tim is a Certified TSheets Pro, QuickBooks ProAdvisor for both the Online and Desktop products, as well as a CPA with 25 years of experience. He most recently spent two years as the accountant at a commercial roofing company utilizing QuickBooks Desktop to compile financials, job cost, and run payroll.
How to Set Up the Chart of Accounts in QuickBooks Online
In this lesson, you’ll learn how to add, delete, and modify accounts in the QuickBooks Online chart of accounts list. We’ll also teach you how to import a chart of accounts from an Excel spreadsheet or comma-separated values (CSV) file. We are happy you’ve taken the time to complete this free tutorial for QuickBooks Online,…
How to Import Credit Card Transactions Into QuickBooks Online
In this lesson, you’ll learn to connect your credit card to QuickBooks Online and import the credit card transactions. We’ll also explain when and how to import credit card transactions into QuickBooks Online using a QuickBooks Online (QBO) file or Excel and a comma-separated values (CSV) file. If you’ve completed the prior lesson, How to…
QuickBooks Online Multiple Users Setup
In this lesson, you’ll learn how to add standard users, company admins, reports-only users, and time-tracking-only users. You’ll also learn how to invite your accountant to your QuickBooks account so that they have constant access to your data. We hope you enjoy this free tutorial for QuickBooks Online, our best overall pick for small business…
How to Customize Expense Settings in QuickBooks Online
This lesson presents how to customize the expense settings in QuickBooks Online to match your company’s needs. Among other options, we’ll show you how to mark up expenses automatically and designate them as billable so they can be charged to customers. We’re pleased to provide you this tutorial for QuickBooks Online, our best overall pick…
How to Import Bank Transactions Into QuickBooks: Excel & More
In this lesson, we’re going to cover how to connect your bank accounts to QuickBooks Online. We’ll explain how to link your bank account to QuickBooks automatically as well as how to import banking transactions manually using a QuickBooks Online or comma-separated values (CSV) file. If you cannot locate your bank in QuickBooks Online or…
How to Set Up Advanced Settings in QuickBooks Online
In this lesson, we’re going to cover how to customize advanced settings in QuickBooks Online. These settings affect what shows up on your financial reports, including your profit and loss statement, balance sheet, and cash flow statement. In addition, the advanced settings fine-tune your QuickBooks Online company account to capture all the information you need…
How to Set Up Customer Statements in QuickBooks Online
This lesson covers how to set up customer statements in QuickBooks Online. We’ll show you how to control the level of detail provided and add an aging table to the bottom of your statement. We hope you enjoy this tutorial for QuickBooks Online, our best overall pick for small business accounting software. We recommend following…
How to Set Up Products and Services in QuickBooks Online
This lesson covers numerous options for displaying and tracking products and services within QuickBooks Online. You’ll learn how to set options for displaying product/service information on sales forms and tracking product quantity and price. We’ll cover how to create a list of products and services for your company in a later lesson, or you can…
Quicken vs QuickBooks: Price, Features & What’s Best for 2020
As a business owner, deciding which small business accounting software to use for your business can be overwhelming. There are several good products on the market, including Quicken and QuickBooks. In this article, we compare the pricing and features of Quicken vs QuickBooks so that you can decide which is best for you. Difference Between…
How to Convert QuickBooks Desktop to Online in 8 Steps
If you’d like anywhere-access to your QuickBooks software, it’s time to switch to QuickBooks Online. The good news is converting from QuickBooks Desktop to Online is easy, and you shouldn’t lose any of your past data. If you get stuck, you can contact QuickBooks support for free. This guide will help you convert from QuickBooks…
How to Set Up Company Information in QuickBooks Online
In this lesson, we’re going to cover how to set up, or change, your company information within QuickBooks Online. We’ll discuss the various physical and email addresses that QuickBooks allows, and the unique purpose of each address. You’ll also enter your information to be printed on tax forms like Form 1099 and payroll tax returns….