Before you start entering data into QuickBooks, you should spend some time going through company preferences, which allow you to turn on features that you would like to use and deactivate features that you don't plan on using. Click on the gear icon and select account and settings (the following list is the Your Company column) to navigate to company preferences.
Company preferences is made up of seven key areas:
- Company
- Billing and subscription
- Usage
- Sales
- Expenses
- Payments
- Advanced
Let's look at each one of these in more detail.