How Successful People Make the Most of Their quick books tool hub

The installation of QuickBooks is really very simple and they make it very easy by way of an "interview". I must stress that they really have made it very easy to install and set up. In this article I will deal with setting up your company for tool hire and sales businesses and which extra accounts I needed for our business at Hire it Amanzimtoti. ™

Setting Up Your Company in QuickBooks.

Obviously you would already have installed the QuickBooks package. I am working with QuickBooks Pro 2008.

Select the "Start Interview" button and follow the prompts:

That is basically your Company Set Up in QuickBooks.

The Extra Accounts We Needed for our Tool Hire / Rental Business

At first I added only 2 more income accounts to start using QuickBooks. You can add Accounts as and when you need them. They were the "Hire" and "Re-Hire" accounts. To add them go to the top of the screen and click on "Lists" and then "Chart of Accounts". Open the window that pops up to "full screen". This is all your accounts that QuickBooks has set up for you. To add an account:

That is all there is to it. You can even group your accounts and make them sub-accounts.

Finally, in the next article I will go into how to set up the rental/ hire items and your stock items you sell.

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