Top Reasons Why QuickBooks Pro is the Best Accounting Software for Small Businesses?
Last Updated on:
17-May, 2018 |
- Posted by: QB
There are many accounting software are available in the market such as Xero, Wave and many more. But QuickBooks is one of the most demanding software which is like favorite of all the businesses. Being able to do the complex bookkeeping tasks of a business it has become highly popular among everyone. Known for simplifying the tasks, QuickBooks has many versions and one among the popular ones is QuickBooks Pro which is right for the small and medium sized businesses. In addition to this, QuickBooks also has an online as well as an offline version for the convenience of its users. The online version of the software is accessible from various locations and from any device. Moreover, various versions including QuickBooks Pro allow multiple user advantages which ultimately make the work easier for the organizations. So, in case you are evaluating the various versions, we would suggest you to go with QuickBooks Pro. Here are the reasons:
- A simple, robust and a great solution for the businesses that solves various needs of the businesses. As mentioned earlier, QuickBooks Pro allows three simultaneous users at the same time.
- The software does inventory part tracking, invoice tracking, expenditure tracking, time and mileage tracking, and keeps record of all the banking activities such as deposits, withdrawals, credits, bank charges, paychecks, online banking, bank reconciliation, credit card charges, and much more.
- It keeps a regular track of the receivables and the revenue which includes credit memos, statements, sales receipts, receive payments, and prepare invoices and bills.
- Keeping a regular track of all the payables and expenditures such as purchase orders, item receipts and pay bills, the software ensures that the revenue of the business is not wasted in any case. This is how the software keeps track of accounting processes of a business.
- Job costing, calculating sales tax, paying taxes on time, handling multiple currencies, maintaining price levels, running as per the defined budget, and do financial reporting are all the major tasks of the software which helps a business grow while keeping track of every single penny spent and generated.
Various Advantages of QuickBooks Pro Software
Along with these reasons, there are various advantages of QuickBooks Pro as well which makes it essential to own the software:
- QuickBooks Pro automates Point of Sale and manages various credit and debit transactions from your bank account. This also includes sales tax and invoicing. Moreover, the software can also be integrated into the process of accepting payments which will make it possible and quite easy to capture all the payments and analyze them.
- With a range of automated features, QuickBooks Pro manages and tracks expenditure of a business. It has specified tools for keeping track of the outstanding bills and payments. Allowing the user to directly print the checks from the software, it keeps track of the payments in an innovative way. It has tools for tracking inventory items which enables it to track inventory at multiple locations.
- If you won a business outside your currency or your business is international, then you have a great benefit of the software as it tracks both income and expenditure in more than one currency.
- QuickBooks Pro produces automated documentation for invoices, reports, business plans and much more as all these are modeled as templates in the software. You can either use default templates or create your own for producing documentation that suits to your business needs.
- QuickBooks is primarily a tool captures accounting and financial data and play a central role to all the long-term operations of a business which ranges from sales to planning. The data captured by the software is of great value and produce tailored reports which can be used in making future planning decisions.
With all the above benefits and functions, it is ensured that QuickBooks Pro not only keeps the accounts of a business in order but also plays a key role in the direction that one can choose for the business. All these features make QuickBooks Pro, must-own software.
I Hope, this informative article will surely help you to choose QuickBooks Pro as a business tool. If you have any query or you want to know more information about this software tool or you are planning to buy this software feel free to contact our QuickBooks Help & Technical Support Number. Dial on +1-800-880-6389 today and speak with Experts.