Plain and Simple: Bright Business Insights October 2016 | Page 5

IS QUICKBOOKS ® RIGHT FOR YOU ?

Automating Your Accounting Processes
Finding an accounting software package that is right for your company can be a daunting task , but QuickBooks might be a good fit for you . QuickBooks is one of the few products out there that grows with a small business from startup to mid-market . From Pro Edition to Enterprise Solutions , QuickBooks gives small businesses a path to grow that eliminates the need for any software data conversions or limits the need for new product training . QuickBooks offers a variety of software choices that fit the needs of a variety of businesses , from local “ mom and pops ” to large manufacturers . Below you ’ ll find a brief overview of QuickBooks most popular solutions .
• QuickBooks Pro Edition is perfect for users who need basic check printing , bill paying , expense tracking and the ability to organize data in one place .
• QuickBooks Premier Edition is right for users who have more complex or specialized finances . This edition includes all the features of QuickBooks Pro , plus additional tools for analysis , planning , and growth to help achieve better results . Specialized tools also allow Premier users to meet more complex inventory , job cost , accounting and customer needs . One of the benefits to Premier is that you can select which industry you are in . Prior versions required users to purchase a program for a specific industry . Now users are able to purchase one program and then select which industry best describes their business . From there , the Premier edition enables users to customize their experience based on their industry .
• QuickBooks Enterprise Solutions is the edition that can help large or small businesses accelerate their growth . It enables many aspects of your business to be more productive , gives you greater control and provides the insight to make smarter decisions . This edition can store and manage twice as many items , customers , and vendors than other Quick- Books editions , and has the ability to add up to 10 simultaneous users . QuickBooks Enterprise Solutions enables users who are outgrowing Pro and Premier a chance to stay in the QuickBooks Family .
• QuickBooks Online Edition is right for clients who need to connect multiple users and locations to their businesses finances anytime , anywhere . This is a completely digital version – no physical software is loaded onto your computer . There are three levels of the QuickBooks Online Edition :
• Simple Start : Users can customize and send invoices , track income and expenses , create and manage estimates and sync bank accounts and apps .
• Essentials : Users can customize and send invoices , track income and expenses , create and manage estimates , sync bank accounts and apps , manage and pay bills and receive instant sales and profit reports .
• Plus : Users can customize and send invoices , track income and expenses , create and manage estimates , sync bank accounts and apps , manage and pay bills , receive instant sales and profit reports , track inventory and prepare and print Form 1099s .
• QuickBooks Point of Sale ( POS ) Edition is an affordable , easy-to-use retail management software that replaces a retail industry user ’ s cash register , tracks their entire inventory , sales and customer information , and provides up-todate reports to help them manage their business and serve customers better . It ’ s important to note that this program is an add-on program , which means that in order to use this program , users must already be using one of the previously mentioned QuickBooks software programs . The POS edition integrates with your existing QuickBooks program .
• QuickBooks for Mac is specifically designed for users of Mac computers . It is its own standalone version and offers many of the same benefits that the QuickBooks programs offer .
From basic financial management software for companies just getting off the ground , to multi-location enterprises with dozens of employees , QuickBooks products and services can provide the flexibility and functionality you may need . QuickBooks offers very diverse and adaptable programs that can the meet the needs of small and large businesses alike . Let us help you find the solution that best meets your needs . Give me a call at ( 330 ) 308-6894 or email me at mark . fearon @ reacpa . com . I ’ d be happy to discuss your needs and help you determine what solutions would be a good fit for your company . by : Mark Fearon
CPA , CGMA , Principal 122 Fourth St . NW PO Box 1020 New Philadelphia , OH 44663 ( 330 ) 308-6894 mark . fearon @ reacpa . com