QuickBooks has been accepted as an ideal business accounting software for small to mid-sized business owners for years. Here are 11 reasons why you may want to be using QuickBooks:
You save time on bookkeeping and paperwork because many of simple bookkeeping tasks are handled automatically making it easier to run your business.
You can easily generate the reports with the information you need, so you always know where your business stands. You instantly know whether you're making money and whether your business is healthy after updating your information.
You save money because QuickBooks is so affordable. You can use it to run a $25,000 business or a $5 million business for a few hundred bucks. Accounting software is truly one of the great bargains in business.
Your business can grow with QuickBooks. QuickBooks may help you design a business plan to use when trying to secure a small business loan or line of credit or to plan for the future. If properly set up, QuickBooks reports may reliable information for a projected balance sheet, profit and loss statement and statement of cash flows. While not the same as formal financial statements, they provide excellent management information.
You may be able to customize QuickBooks to work the way you want. QuickBooks is specifically designed to be flexible and adaptable to a wide range of small businesses. To broaden its appeal, QuickBooks has recently added customized accounting packages for contractors, retailers, health care professionals, and non-profit organizations.
You can rest assured knowing that QuickBooks Desktop, properly set up and installed, is a stable, reliable and proven product. Hundreds of thousands of small businesses throughout the world have chosen QuickBooks as their accounting software. You can't go wrong with a software program with such an extensive installed user base.
QuickBooks Online is a far newer product and has certain pros and cons.
You save typing time and errors by sharing data between QuickBooks and over 100 business applications. You can even share data with popular programs, such as Microsoft Excel, Word, Outlook and Act!.
You may get paid faster with QuickBooks, as you can e-mail an invoice or statement, and your customer may easily pay you with a credit card or bank account transfer. No more waiting for the check in the mail!
Quickbooks has excellent customer account and invoicing features. In addition, keeping track of your business expense invoices and payments is just as reliable.
Quickbooks has some ideal bank reconcilation tools, an essential part of the accounting process.