QuickBooks Online is one of the most used cloud-based accounting software by small business owners. To utilize the software at peak performance, initial setup MUST be done properly.
Proper set up saves you:
- Time: Integrated apps eliminate SOME data entry; You dont have to create accounts on the fly
- Money: You don't have to pay your CPA to do it; There won't be an expensive clean up job; Allows you to see where you are spending TOO MUCH money
- Stress: Ease of use; know your real time financial position
To insure proper setup, all financial information is required including:
- Bank and credit card statements
- Previous years' tax returns
- And all other supporting documentation (ex. vendor receipts, deposit slips, etc.)
The next step is to answer these questions:
- 1. Which accounting method will you use?
- 2. What chart of accounts do you need for your business?
- 3. How do you handle beginning balances?
QuickBooks Solutions Include:
- QuickBooks conversion
- QuickBooks Setup
- QuickBooks Review
- QuickBooks Consulting and Training
- QuickBooks Cleaning Services
A major benefit of QuickBooks Online is its portability spanning across multiple platforms on multiple devices.