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There are plenty of options when it comes to choosing accounting software, however in my 20 years of experience, I have found QuickBooks to be the most useful. Here are my top 10 reasons for using the software:

  1. Save Time: Available automation tools in QuickBooks allow you to process your basic bookkeeping tasks simply and more efficiently. One of the items you can automate is a recurring invoice. If you have a client that pays the same thing each week/month/year for a particular good/service, you can set up the invoice in advance and have it sent out at the desired time. That’s one less thing you have to worry about.

Quickbooks Recurring Invoices Screenshot

  1. Customizable: QuickBooks features can be tailored to suit your workflow needs making it flexible and adaptable across any profession.
  2. Support: There are numerous resources online available, including tutorials and a large community of user generated discussions, to help you learn how to optimize your accounting practices.
  3. Integration: Share data between QuickBooks and other applications like Outlook, Excel, Word, Act and more.
  4. Accept Credit Cards: With a Merchant Services Account you can take credit card payments through your QuickBooks account and make it easier than ever for your customers to pay you.
  5. Peace of Mind: The comprehensive reports available allow you to consistently track the financial health of your organization. The 3 you should become most familiar with are the balance sheet, profit and loss statement and cash flow statement.
  6. Get Paid Faster: Once you’ve made it easier for your customers to make a payment, you’ll be thrilled to see how much quicker you get paid than before.

Quickbooks Essential Reports Screenshot

  1. Grow Your Business: QuickBooks can help you design your business plan when trying to access a small business loan or line of credit, including creating a projected balance sheet, profit and loss statement and statement of cash flows in the format recommended by the U.S. Small Business Administration.
  2. Save Money: The software is affordable and can be used by businesses small and large. So even as your company grows, your bill will not.
  3. Bank Better: Setup your bank account in QuickBooks to sync transactions for easier reconciliation, bank online and pay bills. You can write a check in QuickBooks that will be processed and sent by your bank—no more envelopes to lick, stamps to stick or checks to handwrite.