QuickBooks can be used for Contractors accounting FAQS

• What are the types of Accounting for QuickBooks?
• In what way to Pay Independent Contractors on QuickBooks?
• By what method does Premier Accountant 2010 work with QuickBooks 2010 files?

1. What are the types of Accounting for QuickBooks?

QuickBooks is an accounting software solution designed exactly for small businesses. QuickBooks can be used for general accounting purposes as well as several types of industry-specific accounting.

2. In what way to Pay Independent Contractors on QuickBooks?

Even though independent contractors might offer services for your business similar to an employee, you should not classify or pay your contractor as an employee through Quickbooks. Independent contractors are measured vendors and you must enter bills and issue payments to contractors in the same way you would enter and pay other bills in Quickbooks. You should complete a three-part procedure to set up and pay your contractor accounts through the software.

3. By what method does Premier Accountant 2010 work with QuickBooks 2010 files?

Premier Accountant is QuickBooks' master program designed for accounting professionals. Premier Accountant 2010 has complete working versions of all the QuickBooks 2010 programs from Simple Start to Contractor Edition built-in. This allows you to exchange, open, adjust and send back customers' QuickBooks 2010 accounting records.