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Entering Company Data

Step one of being able to use QuickBooks to track your company's financial transactions and produce reports about those transactions is to enter information about your company into your QuickBooks program. This process of entering company data has the effect of customizing QuickBooks so the program becomes a unique financial information resource for your company. Use the checklist that follows this section to help gather the information you need to make the setup process smooth and efficient. When you open QuickBooks the first time, you are given a choice of creating a new company file, opening an exiting company file, restoring an existing company file from backup, and opening a sample company file. Select the option to create a new company and you'll be ready to begin entering your company data.

The company file is the term QuickBooks gives to the place on your computer where your company's financial information is stored. When you select to open a new company file, the EasyStep Interview begins. Follow along, answering each question as well as you can. You can always make corrections later.


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