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QuickBooks is a powerful accounting software package and probably the most user friendly on the market. Businesses choose it for its ease of use and the fact you do not need formal accountancy training to operate it and generate reports. All the report examples below are easy to create once data is entered accurately.
It is a solution for all industry sectors and here are a few examples of its ability to measure business performance.
Profit measurement by:
- Employee
- Customer
- Individual contract
- Class (you pick any categories you want, such as branches, groups of products, properties, business sector, internal division etc)
- Supplier types (you classify)
- Customer types (you classify)
It is possible to have any or all of the above.
You can track and process all of the following:
- Multiple companies
- Multiple users (up to 5 simultaneous users)
- Stock and manufacturing
- VAT (multiple rates, tailored), cash or accrual accounting
- Currencies (you choose your base currency – some UK companies use Euro)
- Time records
- Payroll
- Fixed asset listing
- Expense tracking and reimbursements
- Amounts owed by customers and automatic statement production
- Amounts owed to suppliers
- Order processing and outstanding orders
- Graphs of reports
- Process credit cards and cash
- Automatic production of invoices and statements as pdf ready to e-mail
- Create and monitor budgets and compare to actual results
- Progress invoicing and multiple estimates
- Multi level password protection
- E-commerce
QuickBooks Regular, QuickBooks Pro and QuickBooks Accountant have different levels of capability but even the entry level QuickBooks Regular can deal with all of the reporting above and most of the features listed.
Contact us for details of how the program can be set up for your specific needs.
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