Developed by Intuit, QuickBooks is a simple but effective accounting software for small and medium enterprises.

It is designed to help businesses streamline their financial processes. Companies use QuickBooks to manage payroll functions, inventory, billing, sales and much more. The accounting software is developed according to the needs of different industries.

QuickBooks offers a wide range of exciting features that can simplify your company’s accounting requirements. Here’s a look at them:

Bill tracker

QuickBooks 2016 comes with the Bill Tracker. This new feature allows bookkeepers to access the company’s ‘money-out’ transactions.

Therefore, they can view things such as purchase orders, outstanding bills, etc. in one place. Bill Tracker eliminates the need to gather multiple reports.

Payments screen search options

This option allows you to find any transaction in the payment screen without having to scroll down through multiple transaction pages.

You can search for your desired transaction by any column in the payment screen.

Imported credit card transactions

Importing credit card transactions has become faster because of QuickBooks. Your credit card transactions can be imported directly into QuickBooks in a few seconds.

The software can automatically match the expenditures with the appropriate vendor/ account number. This makes transaction processing faster and more efficient. Also, it reduces the chance for error.

Loan manager

Accurate recording of loan payments is essential for any business. However, majority of them fail to record transactions according to the loan amortization schedule.

QuickBooks enables businesses to record each loan transaction according to according to interest, term, fees, etc. Loan Manager will then generate the correct check when it’s due. This saves time and reduces errors.

Year-to-last month report filter

Previously, QuickBooks users had to work manually to get ‘this year to last month data’.

However, the newer version allows users to select ‘fiscal year-to-last month’ for their financial reports. This saves a lot of time in preparing financial reports from QuickBooks data.

While QuickBooks allows companies access to faster, more complete and accurate financial accounts, it requires proper installation and maintenance.

At A&B Accounting & Business Solutions, we offer a wide range of QuickBooks services across Florida, including Boca Raton, Palm Beach County, Coral Springs, Parkland, and more. We provide customized QuickBooks solutions that cater to our clients’ needs.

Our service includes consultation, initial set up, training, post-installation maintenance and support.

If you’re ready to embrace QuickBooks, get in touch with us by phone or email for further assistance.