Bookkeeping and accounting are huge responsibilities but if done efficiently, can increase your company’s profits. For a long time, actual bookkeepers and accountants did all the hard work, but as technology evolved, there have been applications developed for making the tasks of tracking financial transactions, recording, and analyzing data much easier. One of those applications is Quickbooks. This QuickBooks software review will evaluate whether or not the software lives up to its name and truly makes tasks easier.
Time Saved is Money Saved
For small businesses, expenses ordinarily also need to be as low as possible. This is because small businesses often do not have considerable resources to fall back on. In fact, in small businesses, everything – from operations, to marketing, advertising, sales, human resources management, records keeping, and financial management – has to be performed as efficiently as possible. After all, time saved is money saved.
So, can a simple accounting software like Quickbooks contribute much in terms of raising levels of efficiency, and therefore increase profitability? To arrive at the correct answer, there’s a need to find out what Quickbooks is capable of doing.
Sub-standard office housekeeping practices can live a messy paper trail, especially when there are more than two people involved in keeping tabs of financial transactions. Quickbooks can automate the performance of basic bookkeeping functions in an organized way, consequently making accounting less complicated and time-consuming. Quickbooks can also be a lifesaver when there’s a need to access your business financial data from a single centralized location.
More than a record keeping software, however, you can also set-up Quickbooks to post and sync transactions to bank accounts and credit card accounts, and do all the calculations you need. Balance sheets, income statements, cash flow reports, and many more can be created seamlessly and quickly. That’s convenience with a capital C.
To Each His Own
For all the wonderful and reliable features of the application, this QuickBooks software review would not be complete without giving space to some complaints regarding its updated design. Quickbooks fans have always loved the way the software has been able to present transactions as familiar forms. Individual forms are shown onscreen as a check, invoice, credit card receipt, and sales receipt, forms that nearly everyone is familiar with.
However, the version update released for 2013 has drawn some flack because of the difficulty of customizing the visual design, as well as the seeming inability to enlarge the small fonts. All things being equal, though, if you don’t like the update, then just go on using an older version, which still works.
To each his own – some put a lot of importance on the way an application looks, still others gauge value through performance.
Just imagine being able to send reports to your stakeholders about your financial standing, nearly on demand. That’s something very impressive and useful, among all the other remarkable things that Quickbooks can do.
Best of all, if after reading this QuickBooks software review, you’d be interested in finding out for yourself if its features are actually as good as stated, it’s very much possible to do—FREE! Visit the QuickBooks for your free trial here.