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5 Benefits of Having QuickBooks Pro for Your Business | Forum

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William
William Mar 25 '22

QuickBooks Pro is a financial accounting software program manufactured by Intuit. Created for use by small businesses, the software boasts an assortment of features aimed at helping users manage each of their accounting functions, including accounts payable, accounts receivable, credit card management, and financial reporting. there are a variety of benefits small businesses receive for using QuickBooks Pro.

Money Management

QuickBooks Pro comes with features designed to assist small businesses in managing their money. One aspect of the program allows users to enter the due dates and payment information for all recurring bills. As bills are due, users may print checks directly from QuickBooks. In addition, each transaction is recorded for easy access during future audits. QuickBooks Pro Cloud users can also link their bank accounts to the program. In addition to affording them the convenience of viewing all financial records on a single screen, this feature also gives them the benefit of eliminating the need for paper bank statements.

Expense Billing When conducting business, professionals often rack up a variety of expenses that are later billed to clients. These may be small purchases, such as mileage and meals, or large expenditures, such as extended international travel. Regardless of the size or type of expense, QuickBooks Pro maintains a feature that allows users to record each one. In addition, expenses may be saved according to client or job, giving users the benefit of not having to reconcile them manually.

Sales Invoicing QuickBooks Pro provides the timesaving benefit of tracking sales and automatically creating receipts and invoices at the touch of a button. Invoices can then be electronically sent to customers via email. The program also allows customers to be billed individually or in large batches. The latter function may come in particularly handy when billing multiple clients for the same service. Users that subscribe to Intuit QuickBooks Merchant Services have the added benefit of being able to accept credit and debit card charges through QuickBooks Pro. In addition, users that subscribe to Intuit Check Solution for QuickBooks gain the ability to scan and deposit checks into the program, eliminating the need to manually enter the data.

Reporting Users of QuickBooks Pro are able to create a variety of financial reports. These include year-over-year income, expense, trends, and forecasting documents. Furthermore, each report can be exported into Microsoft Excel spreadsheet format and sent electronically via email.

User Friendly The makers of QuickBooks Pro designed the software to be user-friendly. A new user setup feature provides users with a virtual orientation process. In addition, most of the program’s features can be activated at the click of a button. To know more about QuickBooks Cloud vs Desktop or QuickBooks Small Business visit Apps4Rent.

macallister
macallister Nov 21 '22
Quickbooks is a software I have read about before as well. When I wanted to know 12 Recession Proof Hacks for Businesses, I read it. But content here is very different.