The Rea Report Spring 2017 | Page 10

A QuickBooks Primer ® Could automating your accounting processes benefit your business? Q Shopping for accounting By Heather McNichols, director of accounting services, [email protected] (New Philadelphia office) • QuickBooks Enterprise Solutions • QuickBooks Point of Sale (POS) provides greater insight into the busi- is an affordable, easy-to-use retail ness and facilitates better decision- management software that replaces software can be a daunting making. This edition can store and a retailer’s cash register; tracks their manage twice as many items, custom- inventory, sales and customer in- task. Fortunately, QuickBooks ® ers and vendors than others, and has formation; and provides up-to-date the ability to add up to 10 simultane- reports to help manage the business makes finding a solution easy. ous users. QuickBooks Enterprise So- and optimize customer service. (This lutions enables users who outgrow Pro is an add-on program, which means and Premier to stay in the QuickBooks that in order to use this program, QuickBooks is one of the few products family. users must already be using one of the out there that gives businesses room previously mentioned QuickBooks to grow while eliminating the need for • QuickBooks Online is better suited software programs.) for those who need to connect mul- data conversions and extensive training. tiple users and locations to their busi- From basic financial management soft- Whether you’re a local “mom and pop” ness’s finances anytime, anywhere. ware for start-ups, to multi-location shop or a large contractor, there is sure This completely digital version requires enterprises with dozens of employees, to be an option that addresses your busi- no physical software to be loaded QuickBooks provides business owners ness’s unique challenges. onto your computer. Three levels of with the flexibility and functionality they • QuickBooks Pro is perfect for users the QuickBooks Online Edition are need. Need help determining the best who need basic check printing, bill available: solution? Contact your Rea advisor to paying and expense tracking in one SIMPLE START: Allows you to custom- learn more. place. ize and send invoices, track income • QuickBooks Premier is good for us- and expenses, create and manage ers who have more complex or special- estimates and sync bank accounts ized finances. In addition to the features and apps. associated with QuickBooks Pro, the ESSENTIALS: Features everything LOOKING FOR MORE QUICKBOOKS Premier edition offers tools for analysis, included in the Simple Start program planning, and growth to help achieve as well as the ability to manage and TIPS? Sign up for QuickTips, better results. Specialized tools also pay bills and receive instant sales and allow you to meet more complex in- profit reports. our monthly email newsletter, at ventory, job cost, accounting and cus- PLUS: Features everything included in tomer needs. Prior versions of Premier www.reacpa.com/quicktips-sign-up the Essentials package as well as the required users to purchase a program ability to track inventory and prepare for a specific industry. That is no longer and print Form 1099s. necessary with the newer version. 10