Unlock the full potential of QuickBooks
There are several reasons why small businesses should use QuickBooks:
Ease of Use
QuickBooks has a user-friendly interface and is easy to set up and use, even for those without a background in accounting. This makes it a great option for small business owners who want to manage their finances.
Automation
QuickBooks automates many routine accounting tasks such as invoicing, paying bills, and tracking expenses, saving small business owners time and reducing the risk of manual errors.
Financial Insights
QuickBooks provides real-time financial insights and reports, making it easier for small business owners to track their financial performance, identify trends, and make informed business decisions.
Integration
QuickBooks integrates with many popular apps and tools, such as online payment systems, point-of-sale systems, and payroll services, providing a seamless workflow and making it easier to manage multiple aspects of a small business.
Cost-Effective
QuickBooks offers affordable pricing plans, making it a cost-effective solution for small businesses, especially compared to hiring an accountant or using more expensive enterprise-level accounting software.
Customization
QuickBooks offers a high level of customization. For example, you can create custom invoices and estimates, set up recurring transactions, and tailor reports to suit your needs.
Why Small Businesses Using QuickBooks Should Hire a Bookkeeper
While QuickBooks is designed to be user-friendly and easy to use, many small business owners choose to work with a bookkeeper to manage their QuickBooks for several reasons. A bookkeeper has the expertise and training to manage your finances accurately and efficiently. They can handle routine tasks such as entering transactions, and reconciling bank and credit accounts, freeing up your time to focus on running your business. Having a bookkeeper helps to ensure accuracy on all of your financial records, reducing the risk of errors and saving you time and money in the long run. Compliance is a difficult and often scary part of owning a business as one mistake can cost months of revenue. Bookkeepers can help you comply with tax laws and regulations, ensuring that your financial records are up-to-date and accurate to make sure that you're prepared when it's time to file your taxes. Your bookkeeper can also provide valuable financial insights and analysis, helping you understand your financial performance, identify trends, and make informed business decisions using experience from both your industry and other industries they work with. One of the biggest perks of hiring a bookkeeper to manage your QuickBooks is the ability to save you time and reduce stress, allowing you to focus on growing your business and pursuing new opportunities.
Overall, working with a bookkeeper can provide a range of benefits for your small business, from improved accuracy and compliance to valuable financial insights and time savings. Whether you're just starting out or you've been in business for a while, a bookkeeper can be an invaluable resource for managing your finances and growing your business.
Exploring the Many Tools of QuickBooks
Setup & Goals
Creating and setting up a QuickBooks account to provide an easy and hassle free set up for you With just a small list of questions.
Tracking Income & Expenses
Both income and expenses are tracked through QuickBooks with tools and programs to filter and track your profits.
Invoicing
QuickBooks makes invoicing a breeze. Even if you have no experience creating invoices, QuickBooks makes the process far easier.
The Beginnings of QuickBooks
QuickBooks has an origin rooted in Intuit’s acquisition of a successful personal finance manager called Quicken. The original QuickBooks release took place in 1983 out of Mountain View, California by founders Scott Cook and Tom Proulx. The program opened the doors for small businesses to thrive by taking the idea of Quicken and creating a similar program for small businesses. In companies where no employees have any sort of accounting knowledge or training, QuickBooks proves efficient and easy to use for a much lower price than your average accountant. By the year 2000 Intuit released both a Basic and a Pro version to expand its reach to a broader range of business sizes. Introduced in 2003, Industry-specific versions were designed with workflow processes and reporting capabilities using terminology common in the specific trade. Intuit has also done a fantastic job integrating easy-to-use finance and accounting tools along with third-party, web-based features such as importing from Excel or marketing tools from Google.
Over the years, QuickBooks has evolved to keep pace with the changing needs of small businesses and advances in technology. Just in the last 10 years, QuickBooks has undergone several significant changes. A Cloud-based Version of QuickBooks called QuickBooks Online was introduced in 2000 and has since become one of the most popular cloud-based accounting solutions for small businesses. The cloud-based version offers the same features as the desktop software with the added benefits of access from anywhere with an internet connection and automatic software updates. QuickBooks introduced a mobile app in 2010, allowing small business owners to access their financial data and perform key accounting tasks from their mobile devices. An example of enhanced features, for example, includes features like project management, time tracking, and inventory management, among others.
Intuit has expanded the presence of QuickBooks globally, with localized versions now available in multiple countries and multiple languages. This allows QuickBooks to improve its features using data gathered from different industries and cultures to improve quality and features for all customers with angles and thought processes that are uncommon in just the United States. These are just a few of the ways in which QuickBooks has evolved over the last 10 years to meet the evolving needs of small businesses. Today, QuickBooks is one of the leading accounting solutions for small businesses, offering a comprehensive set of features and capabilities to help small business owners manage their finances effectively.
Overall, QuickBooks is a versatile, user-friendly, and cost-effective tool that helps small businesses manage their finances more efficiently and effectively.