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If no one has told you why businesses need QuickBooks, then you’re missing out. And, a qualified QB professional can tell you how it can streamline your bookkeeping process. QuickBooks ProAdvisors also know how it saves your business time and money. It also simplifies every step of the cash flow process.

Why Businesses Need QuickBooks

Business owners go with Intuit QuickBooks (QB) for many reasons. And here are just a few:

Options for Every Kind of Business

Do you keep the books for a one-person business or a corporation? Regardless of which fits your scenario,QuickBooks has a version to fit your needs. For example, you’ll find industry-specific versions for …

  • Manufacturing and Wholesale
  • Contractors
  • Nonprofits
  • Professional Services
  • Retail
  • Accountants

Reports Describe Resource Allocation

By using QB, you can track your income and expenses. Its software automation ease instant report generation capability and instant mileage logs too.

You can also crank out a profit and loss statement effortlessly. So, if you want a year-to-date income and expense report, QuickBooks does it in seconds, with a few clicks.

Kelly Sikkema, Unsplash

Why Businesses Need QuickBooks to Protect Data

Another reason why businesses need QuickBooks is that it backs up data. You can, as a result, recover it at any time. Never again waste money on data loss.

Estimates Taxes, Making Tax Time a Breeze

Another reason why businesses need QB is that it integrates with TurboTax. It also estimates your business’s tax payment with every transaction.

So, you’ll always know about how much you owe. Finally, when tax season rolls around, QB will have reduced your work to the bare minimum.

Save Time Throughout the Business Process

From recording receipts with a photo, through printing end-of-year reports, QB saves time.

Better Collaboration & Easy Access to Data

QB works with your employees too. Before, corporate business office staff spent hours with employee budgets. Now QB does it. In addition, it makes data available to anyone that you select.

Suppose, as an example, that you send employees to a trade show across the state. QB can track their mileage. It also classifies and organize their expenses. By thus sharing data, you cut out the expensive lieison.

QB Grows for You

QB updates all its software to keep up with the latest bookkeeping and app technology. As your business grows, your QB version options also increase.

So, you can upgrade to versions with more features. Simlarly, you can add on features to accommodate your new needs.

Contributes to Your Business Culture

You might be surprised about why businesses need QuickBooks for corporate culture. As an example, it simplifies protocols of daily business. Thus, QB rewards good bookkeeping habits.

When traveling, employees can photograph meal receipts at a restaurant. This frees them of organizing them for later reporting.

So, QB encourages them to record their transactions immediately. No more receipts getting lost or washed in the laundry.

Why Businesses Need QB Training

Intuit made every version of QB chock full of features. Although beginners can jump right in, a QuickBooks professional can take them to new levels quickly by training your staff.

Austin Distel, Unsplash

Benefits of Paying for QuickBooks

Paid QB versions benefit businesses for many reasons:

Why Businesses Need QuickBooks to Cut Accounting Costs

QB versatility and efficiency leave little for your accountant to do. That means big savings.

Handle Payroll Without a Specialist

QB payroll integrates right into the rest of your business transactions. So, it makes payroll management a snap.

QB Professional Support

Qalso allows users to post questions and get answers from the QB community. Intuit has organized this forum-style support in easy to navigate and searchable categories too.

B has in-app help. So, users can find answers to their questions by searching the QB help site. Imagine, for example, a search for “duplicate transactions.” It yields, “Handle duplicate transactions in QuickBooks Self-Employed.”

QB support Suppose that you have a question on QB financial reports. Support has a corresponding category, entitled, “Financial Reports.” It’s full of articles on the subject.

In addition, the drop-down menu allows users to select specific software solutions articles. Also, the financial reports section filters for answers relevant to the versions: QB OnlineDesktop, Desktop for Mac, or Enterprise Suite versions.

Why Businesses Need QuickBooks Professionals

QB Support provides generous online help. Even so, a QuickBooks professional, or a QB ProAdvisor, can provide unmatched personalized support.

That’s because QuickBooks trains and certifies ProAdvisors. So, they help product users learn best practices. In addition, a professional can offer other services and third-party add-ons.

No one understands better why businesses need QuickBooks. Finally, a QB pro can integrate bookkeeping into individual business systems. That means a smoother workflow throughout your company.

Cut a Check Without a Service or Prepaid Printed Checks

Cutting a check for that one employee or provider can cost a small fortune. QB makes printing checks quick and

Add On Functions for a Fraction of Hire Cost

How many services does your business outsource or handle with a full-time employee? Add ons for QB can carry out many of these tasks. Here are a few add on reasons why businesses need QuickBooks professional products:

  • Inventory
  • Document Storage
  • Hosting
  • Billing
  • Data Sync
  • Tax Management
  • CRM
  • Data Transfer
  • Simplifying Transactions
  • Online Store Integration
  • Database Management
  • Project Management
  • Employee Time Tracking
  • Point of Solution

Contributes to Your Business Culture

You might be surprised about why businesses need QuickBooks for corporate culture. As an example, it simplifies protocols of daily business. Thus, QB rewards good bookkeeping habits.

When traveling, employees can photograph meal receipts at a restaurant. This frees them of organizing them for later reporting.

So, QB encourages them to record their transactions immediately. No more receipts getting lost or washed in the laundry.

Jeffrey Bacon

Author Jeffrey Bacon

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