If your business doesn’t use QuickBooks for its accounting needs, you might want to investigate the many benefits that this program offers. This accounting software has built a reputation for itself based on efficiency, effectiveness, and reliability. With its many customizable features, QuickBooks might be the financial solution your business needs to achieve accurate accounting.
QuickBooks for Managing Money
The QuickBooks platform “comes with features designed to assist small businesses in managing their money.” (1) Accounting department employees can easily enter payments and due dates using QuickBooks and even securely print checks for these payments using QuickBooks check printing software. Each of these transactions is additionally recorded, making audits a virtual breeze. By securely printing checks as needed, the business can do away with the security risk associated with “preprinted check stock.” (2) Some businesses even prefer to link their banking accounts with QuickBooks to conveniently maintain their banking and accounting transactions via one platform.
QuickBooks allows businesses to quickly and accurately maintain their business expenses. From mileage to meals to hotel costs, QuickBooks easily allows the business to keep track of travel expenses and other miscellaneous expenses that occur each month. Whether it’s a one-time expense or a weekly one, QuickBooks will ensure that all business-related expenses are tracked.
Businesses can use QuickBooks to easily print invoices along with receipts at the touch of a button. Your accounting team will be able to invoice on time and avoid backlogs that plague so many businesses. Invoices can be printed or submitted digitally. Also, businesses can avoid manual errors by scanning checks into the system. Accuracy is greatly improved as well as efficiency.
When it comes to generating financial reports, QuickBooks is an all-star. Forget manual reporting. The automation associated with QuickBooks provides the reports businesses need to enjoy an accurate view of their finances at any given time.
If you aren’t using QuickBooks, talk to a consultant and learn more about this accounting program and how it can enhance your accounting department.
1. Chron, “5 Benefits of Having QuickBooks Pro for Your Business,” http://smallbusiness.chron.com/5-benefits-having-quickbooks-pro-business-3252.html
2. Troy, http://www.troygroup.com/products/software/tcpq.aspx