QuickBooks Specialty Retail

Book excerpt: How do you handle bookkeeping for a convenience store or gas station? It's complex to track fuel, food, and merchandise sales. When you throw ATMs, lottery tickets, tobacco incentives, and a deli into the mix, it's even harder. And if your employees and local businesses run charge accounts, how do you track those? Learn how to use QuickBooks Desktop or Online to leverage your C-store's Point of Sale reports to track your income and expenses in your accounting software. You'll be ready for taxes, and have reports to analyze your profitability. Follow the instructions in this book to set up your Chart of Accounts, Items List, Memorized Transactions, and Custom Reports, everything you need for day-to-day operations in a convenience store, gas station, and other specialty retail environments. Please note that this book is NOT a complete tutorial for using QuickBooks. The text assumes prior knowledge of bookkeeping principles and using QuickBooks software. It focuses on the industry-specific terminology and features you'll need to run your specialty retail gas station and convenience store (c-store). The instructions require QuickBooks Desktop 2017 or higher, or a subscription to QuickBooks Online Essentials/Plus (not included). To save yourself time, the book includes optional instructions to download a companion QuickBooks Template that you can purchase separately from the publisher. The download file includes a QuickBooks Desktop file, already set up to match the instructions in the book. The file can also be imported into QuickBooks Online, with a few additional steps to create the Custom Reports. Check it out on our website: https: //learn.royalwise.com/visitor_catalog_digital_media/show/236/QB-for-Convenience-Stores-and-Gas-Stations. Be sure to also check out Alicia's Master Intuit QuickBooks Online: From Set Up to Tax Time Book also: https: //amzn.to/2PwZBXp