The Advantages of Using Quickbooks

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No matter what the nature of your business, keeping an accurate set of books is essential. Without accurate business records, it will be difficult to attract the funding you need because business records are generally the first thing potential lenders and investors want to see. Inaccurate or disorganized business records can also make it difficult to file your taxes, or even land you in hot water with the Internal Revenue Service. Using Quickbooks to keep your business records lets you avoid those potential problems.

Ease of Use
One problem with accounting programs is that many of them are difficult to use and cumbersome to learn. Quickbooks, on the other hand, is designed to be intuitive and easy to understand, even for business owners who lack an accounting or financial background.

Integration
The ability to integrate with other programs is a big advantage of Quickbooks. After using the product to input all of their business income and expenses, business owners can easily export that data to their favorite tax preparation program to make filing income taxes at least a little less painful. Quickbooks also integrates well with Microsoft Excel, making it easy to import data from other sources and use it in Quickbooks.

Customization
Quickbooks provides a number of ready-to-use templates business owners can use to create invoices, spreadsheets, charts and business plans. The software also makes it easy to customize the look and feel of those documents, giving them less of a cookie cutter appearance and helping them to stand out in the crowd. The ability to customize invoices can be particularly useful, and business owners not only can add their company logo but detailed information about each line item as well. That makes it easier for customers to reconcile their invoices and pay them on time.

Memorized Transactions
QuickBooks’ Memorized Transaction Feature is a Great Way to Save Time Managing Small Business Finances
Why do so many users fail to take advantage of QuickBooks memorized transactions feature? I don’t know, but be sure you don’t make that mistake. While some of QuickBooks many features can be confusing or frustrating, QuickBooks’ memorized transaction feature is anything but frustrating and can save valuable time in all facets of QuickBooks.

Small business bookkeepers can utilize memorized transactions for day to day activities. QuickBooks can memorize many different types of transactions including bills, checks/payments, invoices and statement charges. www.outsourcedbookeeping.com uses memorized transactions in a many ways for our clients in United States of America.

Check Signing
If you sign a lot of checks for your business, using Quickbooks can save you a lot of time. Quickbooks allows business owners to scan and upload their signatures and use those signatures to prepare the checks for the business. This automated process is much simpler and easier than writing hundreds of checks by hand each month.