5 Advantages of QuickBooks Pro for Your Business

According to Intuit's QuickBooks main website, most of the 7 million companies that use popular accounting software use the QuickBooks Pro version. The site explains that QuickBooks Pro is perfect for companies that need to keep track of basic operations. As well as more specific, informative financial information. Users of QuickBooks Pro find many benefits in using this brand of software to manage their business.

Increase the benefits

According to its website, almost 70 percent of QuickBooks users say that the program has led to an increase in profits for their companies. QuickBooks Pro contains more than 100 reports with specific information about a company. These reports so revealing questions as: "how much money will the company make or lose within three months or a year?" or "how much does the company have this year in employee profits or payroll?" These charts and graphs show the owners exactly where more money is spent, which customers have provided the most income, and that customers have a history of not paying on time, among other things. Through these reports, companies can accurately decide on a reasonable action plan to become the most profitable.

Save time

According to Intuit, nearly 70 percent of QuickBooks users say that the program saves them at least three hours or more of work per week that otherwise would have been spent on other less efficient accounting methods. QuickBooks Pro offers its users the possibility of downloading bank and credit card transactions in the program. According to the program's main website, QuickBooks Pro is able to work with more than 3,000 financial companies through its online banking function. This feature not only saves time but also ensures that the monetary amounts are written exactly in the system.

Increase productivity

QuickBooks Pro allows up to five people to raise the profile of the company at the same time through the purchase of additional licenses. This eliminates having to wait to enter data. According to its website, customers who use QuickBooks Pro also keep track of international business sales and expenses. The program is able to calculate different types of foreign currency and reveals the current exchange rates. Certain features in QuickBooks Pro, such as the "Coach Icon" and "Learning Center" with integrated tutorials, guide new users through the computerized accounting process. There is also a section where you write questions in and answers related to pop-up.

Greater compatibility

Data that is saved in other programs such as Excel, Quicken (1998-2007), Peachtree (2001-2009), Microsoft Small Business Accounting (until 2009), Microsoft Office Accounting Office, Express Accounting and earlier versions of QuickBooks can be easily imported into QuickBooks Pro. For some programs, this action requires a free download of an Intuit conversion tool. According to QuickBooks, any business report can be exported for use in Excel. This feature makes compiling corporate reports for meetings a much easier task.

Detailed organization

QuickBooks Pro allows users to easily gather the financial history of the company. The controls of program records that are written, laws that are paid and owed, how much was sold, how much customers paid and owed, how much was paid to the employees and much more. The amount of all the information that supports the program on different aspects of the company contributes to the high level of organization and stress relief that companies using QuickBooks Pro. The program also facilitates the tracking of a business's inventory, virtually eliminating the hassle to buy shares too much or too little. A reminder feature tells users when it is time to reorder supplies.

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