Transcript QuickBooks for Bookkeeping and Payroll - Off

Off-Site
Business Services, Inc.
Grow a
successful
business.
Full-Time
Professional
Office
Management,
Without The
Full-Time Cost.
Quickbooks ™ for Bookkeeping and Payroll
Certified ProAdvisor on Staff
Certified Since 2007
New Overlay Tips
Brand
The
New Look
enhanced user interface has more of a
Microsoft Office design with enhanced centers
Highlights
new features
Disappears
and reappears on command
Brand New Look
Highlight New Features
New Office Design
Other New Features

Selective Expand/Collapse in Reports

Improved Save as PDF Feature

E-Mailed Journal Entries from Accountant

Improved Fixed Renaming Rules for Online Banking

New Print Bills Feature - No More Looking for Original Paperwork

Improved Integration With Intuit App Center
Expand/Collapse Reporting
Save As PDF
Improved App Integration
New Quickbooks Online
Quickbooks has greatly improved Quickbooks
Online this year.
 Security-Quickbooks
Online uses the same data
encryption technology as leading banks.
 VeriSign
Secured.
 Automatic
backups and Upgrades.
Advantages Over Quickbooks Desktop
Invoice/Sales
Receipt Automation
Delayed
Customer Charge/Billing
Activity
Log
No
Need for Accountant’s Copy
Automatic
E-mail Reporting
Advantages Over Quickbooks Desktop
Bank
Transactions Automatically
Downloaded Nightly
Unlimited
Report Reader & Time Tracker
users
Both
One
Class and Location Tracking
Click Reports
Three Online Versions
• Simple Start – for starting your business
1 User / 1 Bank or Credit Card Account
• Online Essentials – for growing your business
3 Users / Unlimited Bank Accounts / Payroll
• Online Plus – Includes everything
5 Users / 1099 Preparation / Budgeting & Planning
Test Drive QBO
https://qbo.intuit.com/redir/testdrive
Have You Prepared Your 1099’s Yet?
Now is the time to check payments made to vendors
and see if you need to obtain W-9 forms required for
1099-Misc reporting.
Who Needs a 1099?
Individuals, sole proprietors, attorneys (see note below),
partnerships and certain LLC's to whom you have paid more than
$600 in rents, services (including parts and materials), crop insurance
proceeds, cash paid from a notional principal contract to an individual,
partnership or estate.
You must also file Form 1099-Misc to each person from whom you have
withheld any federal income tax under the backup withholding rules
regardless of the amount.
NOTE: Attorneys fees (including corporations) over $600 must be
reported.
Exceptions
 Payments to a Corporation.
 Payments for merchandise, telephone, freight, storage, and other
similar items.
 Payments of rent to real estate agents.
 Wages paid to employees.
 Reimbursed employee and independent contractor business
expenses, providing proper accounting has been submitted to the
taxpayer.
For More Information
For more information on 1099 reporting, visit
http://www.irs.gov/pub/irs-pdf/1099misc.pdf
Questions?
Grow a
successful
business.
Out source your
Office support to
Off-Site Business Services
Contact Us
(877) 966-4441
E M A I L : K S H A N N O N @ O F F S I T E B I Z . C OM
W E B S I T E : W W W . O F F S I T E B I Z . C OM
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