QuickBooks is the accounting software we recommend to our clients.
You can run it on a PC, MAC and synchronise data between devices, enabling you to run your entire business and enjoy the freedom of working anywhere in the world.
Quickbooks online is cloud hosted which gives you access to a ‘real time’ snapshot of your accounts whenever you want it. And by connecting Quickbooks to your bank account you can automatically import and reconcile transactions.
Maybe you’ve never heard of Quickbooks or perhaps you’re only using it for the basics. Today we’re going to delve a little deeper into why Quickbooks can help you get on top of your accounts.
Last week in our blog post “How to get paid quickly by clients” we mentioned that the best time to send your invoices is immediately after you’ve done the work and that by sending out timely invoices you’re more likely to be paid more quickly.
With Quickbooks it takes only a couple of minutes to log in online, raise and send an invoice to your customers.
One of the best ways to be more efficient with your time management is to automate as many processes as you can.
With Quickbooks you can schedule recurring invoices; so say you regularly supply a customer with a product every Friday, you can set everything up and leave QuickBooks to do the rest. Likewise perhaps you supply a client with a monthly service – create the initial invoice and set it to repeat on the same day every month.
In the cloud
Filing cabinets are so last season and gone are the days of having to sweat over a pile of paper invoices. By using a cloud-based option your business is available wherever you are – such as your phone, laptop, work computer and home computer.
By using the cloud you can gain access to your accounts from any device with an internet connection, meaning you’ve always got your finger on the pulse.
Taking time to look at some of the reports, metrics and graphs available on QuickBooks can keep you up to date with the financial health of your business. This is essential for you success and peace of mind.
You can view a company snapshot – your income and expenses in year-over-year comparisons using pie charts and bar graphs; profit and loss – showing income and expenses or take a look at your balance sheet – where you’ll discover your assets, liabilities and equity.