10 Reasons Why QuickBooks is #1 Choice As Small Business Accounting Software

There are a number of top-notch small businesses accounting software solutions in the market. However, if there is one solution that stands out as the #1 choice for small business accounting software, then it is QuickBooks.

QuickBooks is a small business accounting software that enables businesses to automate and enhance their accounting.

Designed with a robust set of features and tools, the solution allows businesses to manage their sales and expenses easily, to monitor and track their daily transactions, to generate customer invoices as well as for making month and year-end financial reports.

QuickBooks can also be used for paying bills and preparing quarterly or annual business taxes among a host of other accounting tasks.

Furthermore, QuickBooks on the cloud supports remote access to multiple users who want to access accounting files and data simultaneously, thus boosting work efficiency and productivity.

Over and above the capabilities of QuickBooks, the solution comes in an affordable pricing structure, which makes it a dream accounting software application for small businesses.

We have listed ten reasons that make QuickBooks the preferred choice as accounting software for small and medium businesses.

1. QuickBooks is a time saver. The solution is designed to enable small businesses to save precious productive hours otherwise spent on routine bookkeeping tasks as well as on paperwork since QuickBooks automates many of these processes.

In addition to helping you save time; automated accounting processes also lead to fewer errors in data entry and computing.

2. To make your financial management and forecasting robust, QuickBooks can help you generate reports with the data you need, thereby giving a deep and clear insight into where your business lacks and where to improve.

3. QuickBooks is designed as highly affordable accounting software for small and medium businesses that is also highly scalable.

So, regardless of the size and scope of your business, you can use QuickBooks to manage all your business accounting requirements both in the present and scale up accordingly in the future.

4. QuickBooks allows you to optimize your business expansion and growth. Using the software, you can come up with a business plan to present to investors or the bank if you are trying to secure a business loan or if you want to leverage a line of credit.

You can create a business plan for your future growth story, as well. QuickBooks can help provide you with a projected balance sheet, a profit and loss statement, as well as statement of cash flows in keeping with the format outlined by the U.S. Small Business Administration.

5. As highly flexible accounting software, QuickBooks allows for easy customization, which means the solution can align with and support the accounting requirement of any type of small business, including that of contractors, non-profits, retailers, and professionals.

6. Since QuickBooks supports easy transferring of files and sharing of data with more than a hundred different business applications, which include Microsoft Excel, Outlook, you don’t have to worry about data loss or data duplication.

Furthermore, you don’t have to worry about errors in data entry, which means you are assured of the accuracy of your data at all times.

7. Using QuickBooks Online payments, you can optimize and speed up receiving payments. All you have to do is email invoices or statements to your customers — then using QuickBooks Online Billing, your customer will be able to quickly clear their dues using either card payment or via bank transfer.

8. QuickBooks Account Service also supports a credit card, which means you can accept credit cards.

In fact, since QuickBooks Merchant Account Service is designed to integrate with the QuickBooks software, you won’t be required to enter the same data again and again. More importantly, you are not required to invest in any new software or hardware — your customers can make payments using their Visa, American Express, or MasterCard.

9. Another reason that makes QuickBooks so useful to small businesses is that using the solution, you can easily bank online and pay your bills.

All you have to do is set up your business or current bank account in QuickBooks and start paying your bills — no more printing paper checks.

You can just write checks in QuickBooks, click a button, and the bank in which you have your account will go ahead and do the rest. With online banking support, you also have the option of downloading your monthly statement for your business or current account directly into QuickBooks for reconciliation.

10. Last but not least, the very fact that QuickBooks has a rock-solid reputation of being a highly flexible, scalable, and reliable accounting software with a proven record says a lot about the accounting solution.

It is for this reason that thousands of small and medium businesses today use QuickBooks to manage and optimize their accounting needs.

User-friendly Accounting Software

Many small business owners tend to shy away from adopting business solutions such as QuickBooks because they feel the software may be too complicated for them to use. However, this is far from the truth.

QuickBooks is designed to be highly user-friendly, and it supports easy financial tracking and reporting for any kind of business. To get started, you simply have to first select and purchase the QuickBooks product that is ideal for your business needs. You can then go ahead and customize the accounting solution to align with your business goals and requirements and then start using it.

It is as simple as that.

To Wrap Up

From running payroll to tracking income and expenses, generating customer invoices, making payments, and generating accurate financial reporting packages, your QuickBooks accounting software can do all of this and so much more.

So, if you have been considering investing in reliable accounting software for your business, then QuickBooks will prove to be worth the investment.