How to set up a new company in QuickBooks

When QuickBooks is launched in the system, the window appears.

                               Click ‘Create a new company’

        The window below appears next.

      

  Ø  Advance Setup: To create your company file yourself by filling in more details of your company whereby QuickBooks will guide you step by step through the available options.

Ø  Express Start: To fill in little details of your company while QuickBooks does the rest for you. You can always change later.

If ‘Express Start’ is selected, the next window appears.

Company Name: Fill in the name of your company in the company name box above

 Industry: Choose from the list the type of industry your business suits which appears automatically you start typing in the box.

Company Type: Click the black arrow and select the type of company. A sole trader, partnership, non- profit making organization, limited or unlimited liability company. Etc.

 VAT Registration Number: Fill in the box with your VAT registration number

 Business Number: The reference number that companies house assigned to your business.

Click ‘Continue’ at the bottom of the window above and the next window below appears.

Legal Name: Fill in the name used to register the company

Fill in the company details in the box above. Address, City, Country, County. Etc.

To preview the company details before creating file, select ‘Preview Your Settings’ at the bottom of the window.

To go back to the previous window if a mistake is made or not, select ‘Back’ at the bottom of the window

After filling in the company’s details and it has been previewed,

Click ‘Create Company File’ and QuickBooks create the company file.