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QuickBooks Certified ProAdvisor

9 Reasons Why You Should Use QuickBooks for your small or medium sized business

QuickBooks is the ideal business accounting software for small to mid-sized business owners. Here's 9 reasons why you should be using QuickBooks.

1.    The time saved on the mundane task of bookkeeping and keeping track of your paperwork, invoices, accounts payable and when your bills are due is nearly priceless in itself. Intuit has developed QuickBooks into a powerhouse of a small to medium sized business accounting system, and not just an accounting system but also a contact relationship management system that you can utilize to communicate regularly to your customers.

2.    With the proper up to date information properly classed into your QuickBooks data system you have reports at your fingertips that will greatly assist you in making sound business decisions having confidence where your business stands and the health of your business.

3.    With such a large user base of the many versions of QuickBooks you can have a world class accounting system for under $400 run a $5 million business.  If you are at a larger level say in the $30 million revenue business category, a general contractor and require strong job costing, quotes, incremental billing or percentage based billing there is QuickBooks Enterprise that  is approximately $3,000 for the software.  Sage 300 Construction (formerly Sage Timberline Office) will cost over $50,000 for modules and seats and you will still feel like you do not have the full accounting package.  The cost savings and ROI with Intuit QuickBooks is great for your bottom line.

4.    Working with your Advanced QuickBooks Certified ProAdvisor you will benefit from our expertise in all that QuickBooks can do for your growing company.  Along with accountant specific tools that integrate into our master version of QuickBooks Premier Accountants Edition we  will help you design a business plan when working on small business financing that is ready for submission to the SBA.  Intuit Financial Statement Writer within QuickBooks Enterprise Accountants Edition will create a projected balance sheet, profit and loss statement and statement of cash flows in the format recommended by the U.S. Small Business Administration.

5.    With the depth and breadth programmed into the QuickBooks of today in the Premier Editions You have the ability 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.

6.    QuickBooks is a reliable stable accounting system that you can rest easy knowing that the hundreds and thousands of small businesses throughout the world using these Intuit products it is well tested and overwhelmingly trusted.

7.    You Not only save time by the auto-fill and recall entries during transaction entry you also save time and also 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.  The less you have to perform the input the less risk you run of making an error.

8.    You will get paid faster with QuickBooks online payments. E-mail an invoice or statement and with QuickBooks Online Billing, your customer can easily pay you with a credit card or bank account transfer. No more waiting for the check in the mail! Some service fees apply but in general it is less expensive than what your bank or merchant account charges for these services and this is integrated directly into your accounting system

9.    You can easily accept Credit Cards. With QuickBooks Merchant Account Service, you can accept credit cards with ease. QuickBooks Merchant Account Service is the only credit card acceptance service integrated with QuickBooks software, which means you don't have to enter the same data twice. No additional software or hardware is required. Your customers can use Visa, MasterCard, or American Express.

Nearly every bank now has business online banking and bill pay, simply setup your company to integrate your QuickBooks accounting file into your bank system and you will never have to print another check and mail a payment.  All of your transactions download into your banking register within QuickBooks as another form of double check to ensure that all the money you invoice makes it to the bank as the transactions will match up when downloaded from your financial institution.

QuickBooks is advertised and sold as anyone can do it accounting system.  There is a very good reason that the Intuit QuickBooks Certified ProAdvisor program is thriving so well, many accounting practices focus solely on cleaning up QuickBooks data systems on individuals and businesses that did not take the time or expend a little investment on the front end and are now unable to retrieve any reports of any financial meanings from their system.  We call this the garbage in, garbage out syndrome.  If you do not take the time to have your accounting system setup properly and learn to properly enter the transactions so that you are able to obtain meaningful information from the system you will only provide additional billing time to your accountant or even worse prepare a completely inaccurate tax return and risk a major liability with the Internal Revenue Service.

To properly setup a QuickBooks accounting system it requires all of the information necessary to setup any other accounting system, manual ledger or $100K accounting system.  Opening balance figures all need to be known, start dates and very important you must know what accounting method you will use and chart of accounts.  We recommend that all new users to QuickBooks and all users that are not experts consult a QuickBooks Certified ProAdvisor to have this information setup properly out the gate.


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