As a business owner, it’s your responsibility to ensure inventory and sales are tracked, employees are paid on time and in full, and all other accounting services are handled appropriately. While there are many elements of managing money, QuickBooks® can make it easier. While many more complicated tasks such as tax returns and business plans should still be handled by a certified public accountant, accounting software can help you keep your daily numbers straight and prepare you for financial reviews.

QuickBooks Overview

QuickBooks is software that helps businesses manage their finances. It’s designed to track inventory and sales, manage payroll, and log other daily operations. You can keep all your financial records in one database that is easy to search and cross-reference. It’s one of the most highly recommended tools for bookkeeping by certified public accountants.

Benefits for Your Business

By combining all your spreadsheets into one easy-to-follow software, it is much easier to make sure that all your numbers add up and find any discrepancies. With its simple interface, you can generate reports such as balance sheets, accounts receivable, and cash flow statements easily. When it’s time for quarterly forecasts, your well-organized system will make it easy to review numbers with your team to decide where to go next. Your accountant will appreciate your detailed reports when preparing your taxes, too.

For help with QuickBooks, contact Donna J Troutman CPA PC in Lewisburg, PA. This certified public accounting firm teaches business owners the basics of the software to help them track their accounts daily while they handle the big-picture money management. They also develops custom tax reduction strategies to help businesses use their money for growth. For more information about this firms software consulting, call (570) 523-7337, or visit the website for a full list of services.