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Lecture Computer accounting with quickbooks online: A cloud-based approach - Chapter 2: New company set up and chart of accounts

This chapter includes contents: Start quickbooks online with your user ID and password; set up the company, cloud_ware student name (your first and last name); complete company settings; create a chart of accounts; save chart of accounts as PDF file; export the chart of accounts to excel; add your instructor as a company administrator; | Chapter 2 New Company Set Up and Chart of Accounts Copyright ©2017 by McGraw-Hill Education. All rights reserved. 1 of 12 1 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Setting up a new company Cloudware refers to software that is built, installed, delivered and accessed entirely from a remote Web server. This is called the “Cloud.” The company set up in Chapter 2 is called Cloud_Ware Student Name. To identify your company, add your first and last name after Cloud_Ware. Cloud_Ware provides hosting services for retail businesses, schools, and medical and legal offices. 2 of 12 2 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. QBO Tips Students should write down their User ID and Password. Each time QBO is started, the User ID and Password is needed. Students can email the instructor their User ID and Password. If using this step, | Chapter 2 New Company Set Up and Chart of Accounts Copyright ©2017 by McGraw-Hill Education. All rights reserved. 1 of 12 1 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Setting up a new company Cloudware refers to software that is built, installed, delivered and accessed entirely from a remote Web server. This is called the “Cloud.” The company set up in Chapter 2 is called Cloud_Ware Student Name. To identify your company, add your first and last name after Cloud_Ware. Cloud_Ware provides hosting services for retail businesses, schools, and medical and legal offices. 2 of 12 2 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. QBO Tips Students should write down their User ID and Password. Each time QBO is started, the User ID and Password is needed. Students can email the instructor their User ID and Password. If using this step, the instructor should set up a time with the student to receive the emailed 6-digit Confirmation code. Refer to Chapter 2’s Company Administrator steps. Instructors can see their students’ work by logging into the company, then viewing the Audit Log (Gear > Settings Menu > Audit Log). 3 of 12 3 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Files Saved in Chapter 2 The chart shows the PDF and Excel files saved in Chapter 2. Files can be saved to a USB flash drive, hard-drive location, network, or external media. To identify your file, you could add your name at the end of the suggested file name. PDF & Excel Page Chapter 2_Chart of Accounts.pdf 62 Chapter 2_Chart of Accounts.xls 62 Exercise 2-2_Chart of Accounts.pdf 67 Exercise 2-2_Chart of Accounts.xls 67 4 of 12 4 Copyright ©2017 by McGraw-Hill Education. All rights reserved Copyright ©2017 by McGraw-Hill Education. All rights reserved. Sign up To create .