5 Most Important Features and Benefits That QuickBooks Software Provides
Keeping finances in an organized manner is an integral part of efficiently functioning businesses as well as households. Unfortunately, it is a confusing topic because expenses and payments are constantly coming up, which makes it hard to keep track of everything. Luckily, there are software programs devised to help with the paperwork related to finances. They make it a lot easier to enter all transactions and they are stored as well, which makes returning to previous months or years a breeze to do. QuickBooks is a great software program to handle all your financial needs because of its great benefits and features. The top 5 are discussed below. Additionally there are multiple websites out there that review and rate our quickbook merchant serices and credit card processing. You can get more information on how credit card processing works, how the companies rate here, here and here.
1. It is Easy to Use
Although there are numerous business and finance software programs, QuickBooks continues to be the best. It is easy to use for even the least computer savvy person. The directions walk you through everything very simply. Once you have used the program, you pretty much know it. It is just that user friendly. This is probably one of the main reasons that QuickBooks is rated the #1 program on the market for business and finance functions. This program will get your finances in order in a jiffy without a lot of difficulty associated with entering your figures.
2. Great Tracking Features
QuickBooks has some great tracking features to keep a close eye on expenses and income. You can enter all your invoices and all your sales receipts with just a little inputting. QuickBooks is also great because it can now connect with many banks to perform functions such as recording bills and downloading expenditures. It is so nice to have all your financial information in one spot, which is how things will be once you have inputted everything into QuickBooks.
3. Payroll Features
If you have a business, odds are that you have employees as well. Your employees probably like to get paid. There is no need to spend a lot of time and effort on doing your payroll because QuickBooks has easy features to handle it all for you. No matter how often you pay your employees or how much you pay them, QuickBooks can calculate your payroll efficiently while leaving a paper trail for the end of year paperwork so that taxes will also be a breeze.
4. It Makes Taxes Simple.
QuickBooks software allows the user to get a large overview of their finances or a very detailed report depending upon how you would like to view things. Either way, QuickBooks provides tax reports with just one click of the mouse. This will save you lots of time and money because it does a lot of the accountant’s work, which will keep you from paying your accountant so much. It will also eliminate a lot of time normally used gathering documents from the whole year because it is all stored in this great program.
5. Great for Non-Profits
Non-profit businesses normally must adhere to very strict guidelines when it comes to funding and expenses. Otherwise, they may lose their non-profit status. You can track by funding source or function, which makes reports for non-profits easier to articulate. This is a bonus for non-profit organizations and it is great QuickBooks took the time to add these features.
QuickBooks is a great software program that will help you with your finances. Business is not successful unless you are efficient with your spending and income. This software program takes a lot of the accounting work off the business owner’s plate.