QuickBooks has been the industry standard for small businesses and non-profit organizations for more than a few years. The majority of experienced bookkeeping and accounting professionals use the software. It is an inexpensive and time saving solution to the arduous and tedious task of maintaining hand-written ledgers and spreadsheets.
QuickBooks will not provide an instant understanding or knowledge of the principles of accounting/ bookkeeping; however, it is a valuable tool that allows users to gain an understanding with the help of a knowledgeable professional.
The 5 most important features and benefits that QuickBooks software provides are:
- It is easy to setup with the help of an experienced professional and it is easy to learn. It will even provide coaching and tips that will help you navigate.
- It provides an efficient way to track income and expenses using features like: invoicing and sales receipts; as well as, recording bills and downloading expenditures through a number of online banking platforms.
- It offers integrative payroll options.
- The QuickBooks software offering allows you to drill down to see details and provides one-click tax reports that can be exported. Complete and well-organized information helps your tax professional with year-end accounting and tax preparation, saving time and money!
- QuickBooks allows under-served non-profit organizations to track by funding source, and by function to satisfy some of the more stringent reporting requirements specific to non-profits.
Perhaps, the most important benefit of all is that it can help you focus on what you do best – managing and growing your organization.
MBSI (www.mltbz.net) has specialized in providing Quick Books and bookkeeping support to nonprofits and small businesses for over 12 years. For more information visit our website or call (415) 348-6270 to schedule a free 30 minute strategy session.
