Before we dig into the actual how to use QuickBooks software, it is important to understand the basic of Accounting. No matter if you are an accounting graduated person or from any discipline, we still need this. This article is part of our page A Complete Guide of QuickBooks. It is a work in progress, but I hope I can write more about this in our next post. If you have some experiences and a good understanding of accounting, for example, you can read the income statement and the balance sheet, maybe you can skip this chapter. But if you are new to accounting and bookkeeping and you want to start learning it, take your time to read this article. Let’s start with a high level of understanding of the purpose of accounting.