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How QuickBooks uses the information you enter

How QuickBooks uses the information you enter

  • Company name: Appears on all reports.

  • Legal name: Appears on income tax reports, 1099s, 940s, 941s, W-2s, W-3s, and paystubs.

  • Address: If you choose to print your name and address on invoices, checks, or other forms, QuickBooks uses the name and address you enter here. file handling, . You can add your company's phone number if you want it to print with your address.

  • Phone and fax numbers: Appears on the cover note for faxes you send using the fax service. file handling, . These fields can be added to your business forms using the Layout Designer.

  • E-mail address: Becomes the return address when you send invoices and estimates to customers by e-mail. file handling, . This field can be added to your business forms using the Layout Designer.

  • Web site: QuickBooks does not automatically use the URL to your company Web site other than to show it, along with your company address and phone numbers, in the Company Information window. file handling, . This field can be added to your business forms using the Layout Designer.

  • Fiscal year: QuickBooks uses your fiscal year to set the date range for year-to-date reports.

  • Tax year: QuickBooks uses your tax year to set the date range for income tax summary and detail reports.

  • Income tax form used: QuickBooks associates your accounts with the appropriate tax lines on the form you choose. file handling, . This is very useful if you use Turbo Tax for your business taxes, as it allows you to easily transfer the information. file handling, . It also helps you create tax reports in QuickBooks that help you prepare tax forms by showing the amounts to fill in for each tax line on the tax forms.
    If you change the tax form later, QuickBooks resets all of the associations between accounts and tax lines to <Unassigned>. file handling, . You'll have to reassociate your accounts with tax lines for the new tax form you've chosen.

You can change any of this information later by going to the Company menu and clicking Company Information. file handling, . You can change the date range of any report when you create the report.

See also

KB ID# H_CO_QB_AND_COMPANY_INFO
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11/7/2009 2:59:28 PM