Why the right version of QuickBooks is so Important
What business owner isn’t busy running their business? There is always so much to do with so little time to do it. There are so many things to keep track of and to stay up to date on. Just doing your own companies’ payroll and bookkeeping is a job in itself. Well, we want to be able to help with that. I am sure if you are a small to mid-sized business then you have heard of the payroll and bookkeeping service called QuickBooks. If you have not, QuickBooks is an accounting software program that is geared towards small to mid-sized businesses.
QuickBooks offers a number of services to make the process as smooth and efficient as possible. They offer four different packages all focusing on different areas of business. Picking which package you need may be the hardest thing to do in the process of operating QuickBooks. The four packages include the Self-employed package, Simple Start, Plus Version, and Advanced Version.
The Self-Employed package is the most basic package offering services to do the following: track income and expenses, capture and organize receipts, estimate quarterly taxes, invoice and accept payments, track miles, and run basic reports. This version allows you to do the basic functions any small business needs. The next package is the Simple Start package and it allows you to do everything that the basic package does. The biggest change in these two packages is that the Simple Start package allows you to be able to: send estimates, track sales, and sales tax, and manage 1099 contractors. The Plus package offers all that the other two do as well. The biggest difference for it is that it allows you to manage and pay bills, track time, allow 5 users on the account, track project profitability, and track inventory. The last package which is the Advanced package does everything listed for the others. It also allows you the ability to: look at business analytics and insights, batch invoices, and expenses, customize access by the roll, dedicated account team, on-demand online training, restore company data, automate workflows.
That is a lot of services and it’s very hard to know just exactly which version your business would need. Messing up bookkeeping records is one of the most costly and timely things that can happen when operating a small business. You can focus on your business’s purpose instead of having to worry about payroll, reconciliations, 1099 forms, tax deductions, managing and paying bills, tracking miles, ordering reports, invoices, and estimates. Do not let these things take away from the purpose that you have with your business. That is why partnering with your accountant and tax firm is so crucial. It makes tax preparation so much easier, effective, and efficient. You could save so much money by allowing your accountant access to your QuickBooks account, and who doesn’t like to save money? Let your local accounting office do this for you, so you can focus on what really matters YOUR BUSINESS. Give Elisa at SWVA Tax a call today. She is certified in QuickBooks and offers QuickBooks training.
Like we have said QuickBooks is a great tool but at the end of the day, it is only as good as the user. Call SWVA Tax & Accounting for help with your QuickBooks problems so they can provide a solution. Whether it is set up, payroll, bookkeeping, or taxes, we can get the job done. We will run the numbers, while you run the business. Reach out to SWVA Tax & Accounting so can learn more about why QuickBooks is a sound business investment. Call 540-250-3198 today to schedule a QuickBooks appointment with SWVA Tax & Accounting or book an online appointment at www.swvatax.com/