Deciding how to track expenses in a business used to be difficult. The QuickBooks app, though, has on-the-go expense tracking. It eliminates tedious data entry systems and makes errors a thing of the past. It adapts to small business software and workflow, too.
QuickBooks: Designed with Small Businesses in Mind
Fortunately, Intel designed QuickBooks to fit right into small businesses. Do you have a growing team? Is your business expanding?
Regardless, QB solutions for larger businesses provide growing room for your enterprise over time. Whatever stage you’re in, QuickBooks has all the tools you need.
On-the-Go Expense Tracking
Your team members can add the QB app to their cell phones, and they can track expenses on the go. It’s so easy to use that you can put an end to lost receipts and unrecorded transactions. It will ensure you the highest possible deductible at tax time.
Tracking Expenditures on Mobile Devices
Your team needs to track every penny to maximize deductions at tax time. And QB not only tracks expenses, but it also facilitates categorizing them on the fly. That allows your team to see how the books look at any moment in time.
Your employees already carry their mobile devices and credit and debit cards with them. So, by using the QB expense tracker, they have the bookkeeping interface in their pockets.
You can connect their accounts, credit cards, or other payment systems to QB. So transactions appear on your books as soon as they appear at the bank.
Fast feedback helps them watch their spending habits. And automatic categorization lets them see individual client or job expenses. You’ll be able to estimate deductions on an ongoing basis from any device.
Your employees will quickly learn how to track expenses in a business account. QB makes reimbursement as easy as taking a photo of their receipt at purchase time. It even matches images to bank transactions and leaves notice for verification.
Your employees won’t have to collect and organize receipts, and you won’t have to enter the data. Quickbooks does it all for you.
QB and Automatic Expense Categories
Intuit QB gives you the option to automatically sort transactions based upon options. For example, you can create a rule for gas station transactions. QB can categorize them as travel expenses. At tax time, those expenditures all appear as deductibles.
Your Books Are Always Up-to-Date
Live expense tracking means that you can review and report at any given moment. Do you need a year-to-date income and expense report for a last-minute meeting? No problem, just select the YTD report, and QB creates a pdf in seconds.
You can put together accurate and up-to-date lists of expenses for your clients. A quick sort based on the client’s name brings up the transactions in a flash. You can produce updated transaction lists as often as needed.
Small Business Expenses Conquered with QB
Once you know how to track expenses in a business that uses QB, you won’t want any other system. Its phone app stays with your employees, and every credit and debit card becomes a bookkeeping UI.
On-the-go expense tracking has never been easier. Your bookkeeper will appreciate not having to do tedious data entry. And your business will benefit from fewer errors and lost documents.