QuickBooks has been one of the most used and preferred accounting software for businesses across the globe. It provides businesses with many functionalities such as tools for inventory management, employee payroll, and other financial tools which help the businesses to manage the day-to-day accounting processes easily and efficiently. By doing so, it improves the overall productivity of the businesses.
It becomes easy to streamline all the business transactions and at the same time manage the inventory too with the built-in integrations and industry-specific tools which are available in the Desktop Version. For businesses who need these industry-specific tools for their day-to-day processes can use QuickBooks Cloud Hosting Services to use the Desktop version accompanied with the power of the cloud. Below are some of the benefits of using QuickBooks as the main accounting software.
Expense Billing
Generally, all the financial experts rack up all the expenditures which are then later billed and charged to the consumer. These include small expenses such as dinners, mileage, or even large expenses such as global traveling. No matter how big or small is the expense, QuickBooks allows the users to log in and monitor each of the expenses.
The expenses can also be saved and tagged according to individual tasks and clients which helps the users to avoid reconciliation. Businesses can install QuickBooks on Cloud Based Desktop and track all these expenses remotely from anywhere across the globe.
Financial Reporting
The Pro version of QuickBooks allows users to generate various financial reports according to their needs. These include expenditure, year-over-year income, trends, and also forecasting documents. Furthermore, each report can be exported into a spreadsheet layout and sent ahead through emails.
Easy To Use
Intuit has developed QuickBooks with a mindset of keeping it user-friendly and easy to use. When a user launches QuickBooks after the setup, they are greeted with a virtual orientation that guides the users on how to use the software. This makes it easy for even a newbie to understand the basics of the software easily.
Not just this, almost all the processes and functionalities of the application can be initialized and used within a single click. Also, the application has been built with a centralized dashboard, which lets users monitor and access all the tools and data within a single screen.
Money Management
QuickBooks helps businesses of all scales to manage all their funds efficiently. Users can record the due dates and the respective transaction details for all the recurring invoices and then monitor them without missing the due date. They can then print the checks the pending invoices directly from QuickBooks. Not just this, each and every transaction is documented and can be easily accessed during the audit.
As you see, these were some of the reasons why businesses should use QuickBooks as their core accounting software. It does not only streamline all the accounting processes but also provides users with a range of accounting tools which is very helpful. AppsRent provides reliable services for QuickBooks with round-the-clock support and security. They also provide services for other products like Microsoft GCC.