Benefits of Moving Accounting Data to Quickbooks Online – MMC Convert
Maintaining the bulk of accounting data and keeping it updated from all the aspects can be quite a task. To lessen the pain of managing all the data, more and more businesses are moving QuickBooks online. QB provides various options that let you run your business smoothly. Check out what are the features that QB provides.
Project Tracking Having all the project details in one place helps you in saving a lot of time. QB provides you option to track your project expenses, i.e how the entire budget is split and how profitable it is. It also lets you keep track of all your employees and their salaries.
Managing Bills Organizing and managing bills with QB is a piece of cake. QB lets you create bills and keep a record of the paid and the pending payments so that you don’t miss out on any settlements. The recurring purchase order is another special feature sponsored by QB, it lets you create a customized purchase order and keeps the purchase order on autopilot. Leave behind the hassle of making payment to one vendor at a time, QB allows you to make payment to all the vendor at once.
Manage Income and Expenses With QuickBooks online, you can add all your bank accounts, credit card transactions, etc, and keep track of all the expenses. It sorts the transactions into tax categories, you can edit them and delete them whenever you want. Being the sole owner of the report you can create various rules for the report and categorize them. Do not get stressed over importing the images of your receipts, just click and upload them to QB so it is handy when having an audit.
Accepting Payments Accepting payments is made easy by QB. QB lets you create and send smart invoices to vendors to get timely payment of the services provided. Get all the alerts regarding the payments made by the clients and also the auto reminder sends a notification to the vendor regarding the due payments if there are any. The payment is acceptable in various gateways such as PayPal, Visa, MasterCard, etc.
Multiple Users It is better to work in a team than work alone. When a team works on a project it easier to handle it and when the work is delegated it completes fast. This is an important feature that QB has kept in mind. So, QB lets you have multiple users to handle a single project. You can assign different roles to various people, roles such as sales reps, office managers, and other types of employees. If you find the process of moving to QuickBooks a struggle you can without any hesitation hire an expert like MMC Convert to do the job. We at MMC Convert assure to deliver quality work and timely delivery of the requested service.