If you are considering using QuickBooks to help with accounting, there are several features you will want to be aware of. Because QuickBooks provides an interface for managing your financial records, it can be useful for many different types of business. The following article briefly discusses the main features of this product and provides information on how to set up and use them. You can find out how to get started using QuickBooks online and then learn more about some of the advanced functions available through the program.
Accountant Integration A major part of the accounting process in a small business is the integration of accounting data with your company’s software. Through the use of QuickBooks, you can easily manage your own inventory, sales, and expenses. You can even track inventory recurring fees and track credit card payments through the program. When setting up your QuickBooks Online accounts, it’s important to create an overall Products and Services listing that includes both your services and the products you sell.
Industry-Specific Versions Since QuickBooks was introduced for small businesses, there have been industry-specific versions released for certain sectors of the market. If you operate an automotive dealership, you can download the QuickBooks Enterprise version. If you own a medical billing office, QuickBooks Online version works well for medical billers and clerks. There are industry-specific versions available for real estate agents, carpet installers, landscapers, and lawyers.
These online versions work great for those who need a more robust software product to manage their accounting needs. Although these specific versions are generally targeted at specific industries, QuickBooks software will work with almost any accounting program because it works with an industry-specific design.
Payroll and Accounting Invoices If you are using a standard accounting software package, like QuickBooks, then there is a possibility that you will have standard accounting issues, including payroll and invoicing. In order to get rid of these common issues, you will want to download QuickBooks Online. With the online version, you will be able to manage and maintain your payroll, invoices, and tax obligations all in one place. You will have total control over your business’ finances and you will be able to print checks, send electronic payments, print customer lists, and create employee email addresses.
Other Options If your business is large or if you have a small business accounting software package, you may find that there are some problems with the accounting tools. With this software package, you will find that there are lots of extensions available for it. If your accounting needs are greater than those offered by the standard version of QuickBooks, then you will want to look into the QuickBooks Enterprise and Professional versions. These add-ons can make your accounting work faster and easier. For example, the QuickBooks Enterprise optimizes the time it takes to submit reports to the customers and helps you manage warehouses more efficiently.
The desktop versions are great for managing your cash flows and managing your inventory. With the desktop versions, you can enter invoices, pay bills, and enter sales tax amounts and other information. You will also be able to add a new employee and enter their information. With the desktop version, you will also be able to print checks, enter bank details and print other financial documents.
With these additional features, you will find that the QuickBooks Enterprise and Professional editions will help your small business to run more efficiently and accurately. The desktop versions of the software offer many extra benefits to accountants and other business owners who need additional help with their businesses.
In addition to the desktop versions, there are also online versions of QuickBooks. These online versions offer the same functionality as desktop versions. They can be used to manage your inventory and your payroll. For companies that sell products and services online, the online QuickBooks versions are an excellent option for tracking your sales, marketing, and customer invoices.
With so many different versions of the QuickBooks small business accounting software package available, it can be difficult to decide which one is best for your needs. If you are unsure about which version to use, you can request a free demo download to see which version you would like to download. Most software companies will provide these downloads for free, and they allow you to download a portion of the software package for testing purposes.
Most reputable companies will offer upgrades after the trial period is up. This allows you to determine which upgrades would best meet your business needs. Once you have downloaded and installed the software, you will wonder how you ever managed to manage your finances without it.