Creating Intuit account with Gmail or iCloud email accounts

As you’re setting up a new company in QuickBooks, you’ll also be prompted to sync any bank or credit card accounts so Quickbooks can start categorizing your expenses and generating business reports. If you’re importing financial records from an older bookkeeping service or your own spreadsheet software, make sure to have those pulled up as well. QuickBooks Live Bookkeeping is a comprehensive bookkeeping service that businesses can contract with to maintain their books, properly categorize expenses and perform reporting. With the subscription, the small business is connected with a dedicated bookkeeper who is available to work on the account virtually.

• (Optional) Import historical transactions from accounting software or bank/credit account downloads to record financial history in QuickBooks Online.
• Small businesses new to QuickBooks Online can now sign up for Guided Setup, a free service that helps ensure a QuickBooks account is set up correctly right from the start.
• When you sign up for Live Bookkeeping, we match you to a bookkeeper with experience in your industry.
• A Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting.
• If you have at least 2 months of data in QuickBooks, there’s a flat fee for cleanup and setup for the first month of service.

The Fit Small Business editorial policy is rooted in the company’s mission, which is to deliver the best answers to people’s questions. This serves as the foundation for all content, demonstrating a clear dedication to providing valuable and reliable information. Our team leverages its expertise and extensive research capabilities to identify and address the specific questions our audience has—and this ensures that our content is rooted in knowledge and accuracy. You’ll still need to manage tasks for your business like sending invoices, paying bills, and managing inventory, accounts receivable, and accounts payable. Yes, you’re free to switch QuickBooks Online plans or cancel at any time. Your bookkeeper can run detailed reports that give you a clear view of your business, so you have the info you need to make informed decisions and feel confident at tax time.

Get answers to your questions

Keeping your company details and settings updated ensures you get the most out of QuickBooks Online for your business. As you scale your operations, revisit Settings periodically to tweak configurations. The Settings panel in QuickBooks Online allows you to configure important company information, users, billing details, and more. We’re so sure you’ll be satisfied that we offer a 100% Accurate, Expert Approved Guarantee, Maximum Refund Guarantee, and Audit Support Guarantee.

Feel confident about your business and your books with QuickBooks experts by your side to help you succeed. Have questions about categorization, automation, reconciliation, workflow management, or something else? Connect one-on-one with bookkeepers for guidance and help when you need it.

Subscribe to or cancel QuickBooks Live Bookkeeping

If you’re already using QuickBooks as your accounting program, using the bookkeeping services is a natural transition for extra support. It’s a cost-effective way to get the bookkeeping that will make tax time easier and help keep you from audit issues. It also puts the reports you want at your fingertips, so instead of using your time to enter data, you can spend your time thinking about how to grow your business based on real data. Unlike QuickBooks Live Bookkeeping, Bench also offers historical bookkeeping services beyond the last filed tax return as well as tax filing and advisory services. And if you need accounts receivable or accounts payable, Bench offers specialized bookkeeping for an additional fee. During your first appointment, your bookkeeper gives you a quick tour of QuickBooks Live Bookkeeping and helps you set up your chart of accounts, connect your banks, and upload your documents.

With your business already on QuickBooks, your experts can easily access your financial info, saving you time and effort. Once you sign in to your Intuit Account, you can purchase and view products and services, or download and activate products. To verify your Intuit Account, see Manage your Intuit Account online. Because each plan depends on many factors, we looked at the value provided in terms quickbooks live setup of the time and potential money that you’re saving by using the service. Should an error be found, QuickBooks will reopen the books for that month and fix the error with no extra charge. Impact on your credit may vary, as credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.

Best Online Bookkeeping Services for Freelancers 2024

If you’re unsure whether QuickBooks Live is the right assisted bookkeeping service for you, check out our guide to the best online bookkeeping services for other options. QuickBooks Live, Decimal and Ignite Spot Accounting are three competitors that offer subscription bookkeeping services. All three boast a dedicated team to ensure that your bookkeeper learns about your business and what makes it tick. Although QuickBooks Live Bookkeeping offers “full-service” bookkeeping, some tasks often fall to in-house or outsourced bookkeepers that aren’t included in the service.

• Avoid going overboard as too many custom fields can overcomplicate your financial system.
• Your bookkeeper can run detailed reports that give you a clear view of your business, so you have the info you need to make informed decisions and feel confident at tax time.
• In Account and Settings, you will be walked through each section that needs to be completed to set up your QuickBooks Online account.
• Linking accounts enables seamless downloads of bank and credit transactions, reducing manual data entry.
• Communications that are available any time include document sharing and live chat with a member of your bookkeeper’s extended team.
• If you’re importing financial records from an older bookkeeping service or your own spreadsheet software, make sure to have those pulled up as well.

Properly configuring staff accounts enables accurate tracking of changes made in QuickBooks for better accountability. To create your QuickBooks Online account, simply go to QuickBooks.intuit.com and click on “Try it Free”. Make sure to choose QuickBooks Online rather than the desktop version. Setting up QuickBooks Online can be daunting for small business owners without an accounting background. We try and make the download, install, and activation process easy but we know sometimes it doesn’t go as planned. Find help articles, video tutorials, and connect with other businesses in our online community.

To get started, click the gear icon and select Chart of Accounts from the menu. Here you can add top level accounts like Assets, Liabilities, Equity, Revenue and Expenses. For example, under Assets you may have accounts for Cash, Accounts Receivable, Inventory etc. Add staff user accounts and set appropriate access permissions based on roles.

With its comprehensive setup guide, QuickBooks showcases useful setup videos, hosts setup seminars and includes free guided setup for all first-time users. As you complete each step, the number on the side turns into a check mark. You’ll also see a progress percentage in the top right corner that updates in real time as you complete the setup process. To begin with, you’ll need to have your employees fill out, sign, and date a direct deposit authorization form. Make sure they attach a voided check from their bank account, not a deposit slip.