5 Flexible Accounting Features That Make QuickBooks Stand Out
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QuickBooks is a software application that is used for accounting and bookkeeping. It was created by Intuit. It offers a number of features that are helpful for small businesses. Some of these features include the ability to track expenses, create invoices, and manage payroll. One of the things that make QuickBooks stand out is its flexibility. This flexibility allows users to structure their accounting in a way that meets their specific needs.
1. Connected Services for Accountants
QuickBooks provides a variety of built-in, connected services designed to help you work smarter, not harder. These include features like the QuickBooks Cloud Connector, which automatically syncs your data with Intuit’s secure servers. You also get access to features like Audit Defense, which automatically detects errors before they become true issues.
2. Brilliant Data Visualization
If you want to record inventory or know what state your business is in at any given point in time, you have to have easy access to the right information. With QuickBooks, that’s never an issue. You can easily view financial statements by using sophisticated tools like pivot tables and charts to quickly identify trends and more accurately forecast business.
3. Industry-Specific Business Management
QuickBooks makes it easy to customize your accounting system to perfectly fit the needs of your industry. Whether you’re in retail, construction, or any other type of business, QuickBooks offers tools that help you more quickly invoice customers and process payments so you can stay on top of your bills.
4. Customizable Forms and Templates
In order to get any business off the ground, you have to create a number of legal documents that define your business and help it run smoothly. With QuickBooks, you can easily create contracts, invoices, receipts, employee timesheets, purchase orders, estimates, and more to help you build the perfect business.
5. Expense Tracking Tools
When you can’t afford anything to go wrong, it’s vital that every expense is accounted for and categorized correctly. QuickBooks makes this easy by providing intuitive reports and organized transaction details so you know how much money is coming in versus going out at all times.
In conclusion
QuickBooks has been a trusted accounting software for over 30 years. With features like the QuickBooks Cloud Connector, which automatically syncs your data with Intuit’s secure servers, and brilliant data visualization tools, you can easily manage your finances from anywhere in the world on any device of choice. If you want to customize it to suit both your industry or business needs, this is easy too with customizable forms and templates that are made specifically for businesses just like yours! And don’t forget about expense tracking tools – when you’re running a small business there’s nothing more important than knowing where every penny goes.
