3 Key Features of QuickBooks for Business

If you’re looking for a business accounting solution, QuickBooks has earned a good reputation throughout the years. It’s become the first choice for business owners across the United States, and for good reason. QuickBooks has a wide range of versions and features that make it easy to incorporate into any type of business. Take a look at these three features that thousands of business owners have come to love.

1. Managing Reports and Finances

Wouldn’t it be nice to have a software that makes it easier to evaluate how your business is doing? Luckily, there is. QuickBooks Enterprise makes it easy for business owners to create and view financial reports. They can do this by using the “income tracker” feature.

When you use the “income tracker” feature, you’ll easily be able to enter all your financial transactions and generate reports whenever you want them. You can even generate industry-specific reports that you can use to see how your business is doing in comparison to other businesses like yours. You’ll have access to statements such as:

• Profit and loss
• Cash flow statements
• Forecast comparison
• Actual budget
• …and more!

2. Simplified Sales and Customer Tracking

Regardless if you’re a small, medium, or large business, keeping track of customers is hard. QuickBooks Enterprise makes it easier. You can use this software to keep track of your sales representatives, view expenses, and even track leads.

You can use the software to grow your business by using some of QuickBooks’ advanced user tracking features. Those features will help you increase your customer base, suppliers, and employees. You can also use the advanced user tracking features to:

• Send estimates
• Send invoices
• Set custom pricing
• Set and use foreign currencies for sales transactions

3. Efficient Employee/Payroll Management

Your business wouldn’t be able to function without employees. They’re an important aspect to every business so make sure you’re able to properly pay them. You can use QuickBooks for things like:

• Payroll
• Payments
• Inventory

QuickBooks saves you time on managing employees and gets you back to focusing on other aspects of your business. There’s little this software can’t do.

You Can Always Hire a QuickBooks Consultant in MD

If the thought of figuring out QuickBooks on your own makes you anxious, have CFO Source help. We’ll work with you to discover all that QuickBook has to offer your business. Our advisors have had years of experience working with this amazing software, so you can rest assured that you’re working with the best. Call or contact us today to get started.