4 Benefits of Using Quickbooks For Your Business

Posted by: Brookside Admin

Quickbooks has become a trusted software for numerous businesses. It's a powerful program boasting a number of helpful features that allow you to more easily and efficiently manage your business's accounting, payroll, reporting and more. But, you have to know how to use it. At Brown Kinion and Company, we offer an assortment of Quickbooks Pro related services, including training and support to help you get the most out of the software. If you're still on the fence about adding Quickbooks to your business, KJ Henderson of the Houston Chronicle put together a list of reasons Quickbooks is a vital addition. Here's what you need to know. 

  • Never miss a bill

Most businesses have a stack of bills to pay at the start of every month. It's easy for one of those to be lost or forgotten about. And late payments can eventually doom a business. Quickbooks Pro includes features that allow you to schedule bills so you never miss a due date. You can even print checks directly from Quickbooks, track each transaction and link your bank account in order to easily view all financial records on one screen. 

  • Track expenses

As your company grows, so too do your expenses. From small purchases like meals or gas to large purchases like airline tickets, Quickbooks allows you to easily record each one. You can then group those purchases by job or client in order to easily bill for them or account for them later. 

  • Simplify invoicing

When Quickbooks is fully integrated into your business, you're able to track sales and print receipts and invoices with just a click, or send them via email. It's also easy to bill a number of clients for the same service, rather than having to create multiple identical invoices. Quickbooks Merchant Services provide the additional value of allowing you to accept credit card and debit card payments, which makes billing that much simpler. There's even Check Solutions for Quickbooks that give the ability to deposit checks directly into the system. 

  • Reports

Without adequate reporting, you'd never have a firm grasp on where your business's finances stand. Quickbooks provides the option to create a variety of reports, and all of them are generated quickly and easily. They can all also be exported into an Excel spreadsheet or emailed. Options for reports include year-overyear income, expenses, or trends and forecasting. 

While Quickbooks is an expansive and powerful software, it does take some knowledge to be able to completely integrate it and use all of its features effectively. If you're interested in getting more out of Quickbooks for your business, or want to find out if it's right for you, call Brown Kinion and Company. We provide a Quickbooks Pro Advisor on staff to help you with any questions or problems you encounter.