When it comes to bookkeeping, QuickBooks is presently a name on the top of the list worldwide. With its beneficial feature, it is an ideal choice of most of the organizations. It is quick, fast, reliable and accurate in the field of accounting. This article will try to give brief information about some of the major functions, performed by QuickBooks in the present era.
QuickBooks may be a money accounting computer code program factory-made by apprehending.
Created to be used by tiny businesses, the software boasts an assortment of features aimed at helping users manage each of their accounting functions, including accounts payable, accounts receivable, credit card management and financial reporting.
Top 5 Basic Functions Of QuickBooks Are As Follows: –
1 . Money Management
- QuickBooks comes with options designed to help tiny businesses in managing their cash.
- One side of the program permits users to enter the due dates and payment info for all continual bills.
- As bills are due, users may print checks directly from QuickBooks.
- In addition, each transaction is recorded for easy access during future audits.
- QuickBooks users may link their bank accounts to the program.
- In addition to affording them the convenience of viewing all money records on one screen, this feature also gives them the benefit of eliminating the need for paper
- bank statements.
2 . Expense Billing
- When conducting business, professionals often rack up a variety of expenses that are later billed to clients.
- These may be small purchases, such as fuels and meals, or large expenditures, such as extended business travel. Regardless of the size or type of expense, QuickBooks software maintains a feature that allows users to record each one.
- In addition, expenses could also be saved per consumer or job, giving users the benefit of not having to reconcile them manually.
3 . Sales Invoicing
- QuickBooks provides the prompt good thing about trailing sales and mechanically making receipts and invoices at the bit of a button.
- Invoices will then be electronically sent to customers via email.
- The program additionally permits customers to be billed on an individual basis or in giant batches.
- The latter perform might are available specific handy once request multiple purchasers for constant service.
- Users that subscribe to Intuit QuickBooks Merchant Services have the added benefit of being able to accept credit and debit card charges through QuickBooks software. In addition, users that subscribe to Intuit Check Solution for QuickBooks gain the ability to scan and deposit checks into the program, eliminating the need to manually enter the data.
4 . Reporting
- Users of QuickBooks ar ready to produce a spread of economic reports.
- These embrace year-over-year financial gain, expense, trends and forecasting documents.
- Furthermore, each report can be exported into Microsoft Excel spreadsheet format and sent electronically via email.
5 . User Friendly
- The makers of QuickBooks program designed the software to be user friendly.
- A new user setup feature provides users with a virtual orientation method.
- In addition, most of the program’s options may be activated at the clicking of a button.
Intuit provides an outstanding QuickBooks Tech Support which can be excessed by calling on QuickBooks Support Phone Number. This feature allows a user to be always at ease, for it can anytime use it for the rectification of any issue or query.