What Can QuickBooks Do?

K9 Bookkeeping is determined to make accounting and bookkeeping easy and accessible for business owners of every type.

This article is from our “Bookkeeping for Dummies” series, a part of that broader mission.

QuickBooks is the most popular small business accounting software today, simplifying financial recordkeeping and making it easy to track the financial health of your business. With its wide range of services, the cloud-based accounting software is incredibly popular with small and big business owners alike.

Here are 5 reasons why:

  1. Create and Send Invoices: QuickBooks allows you to accept online payments for invoices. Additionally, when creating digital invoices in QuickBooks, you can search for them by date, service type, customer name, and any other data.
  1. Pay and Track Business Bills: QuickBooks lets you pay your business bills and keep track of upcoming due dates. You’ll save money and the hassle of constantly buying new checks as you can schedule payments for automatic withdrawals or “save” recurring transactions so you can quickly refill billing information.
  1. Track Employee Time:  QuickBooks doesn’t track time out of the box, but with integration with time tracking apps, field employees can accurately track time using their mobile devices. Tracking information is transmitted to QuickBooks to facilitate the accurate filling of hourly pay slips for your employees.
  1. Create Sophisticated Financial Reports: Without software like QuickBooks to generate detailed reports for you, it can be overwhelming and stressful trying to figure out how to package and present data that shows your efficiency and productivity. Because QuickBooks has all your financial information in one place and is easy to break down in many ways, financial reports are exceptionally easy to produce. 
  1. Give Your Accountant Easy Access to Tax Information: New digital tools make it easier to do your bookkeeping, but you need a professional to double-check your numbers for something this important. While QuickBooks can handle most math tasks, you’ll still want to consult an accountant at tax time. Hiring an accountant also protects you from errors and liability if something is accidentally tampered with, and QuickBooks accounting software makes it easy for your accountant to do.

If you are keen to begin doing your own bookkeeping, check out our full review of all the QuickBooks programs to see what’s right for you. 

For those who want to schedule a free consultation with their future full-time Account Manager to discuss how K9 Bookkeeping can help them focus on scaling up, call our team today!

We’re happy you found this article informative! Go back to our blog page to find more tips, tricks and guidance on bookkeeping, to ensure your business is financially sound and ready to grow to the next level.

Running a business is hard work, bookkeeping shouldn’t be. 

Let our team of professional bookkeepers take care of your books and receive accurate, detailed reports every month. Our team of experts is laser-focused on the latest trends and premier customer satisfaction, so you can always be sure you’re getting the best care and service. Your personal account manager will focus on handling your books, leaving you to focus on growing your business and leading it forward.

Click here to schedule a FREE consultation to join the hundreds of business owners already working with K9 Bookkeeping to help their businesses grow.