QuickBooks is the most popular accounting software for small businesses in the United States. It makes sense that it would be so ubiquitous because it is designed to be intuitive. QuickBooks is a great tool for entrepreneurs and other business owners who are not accountants but who will want to be able to manage their finances effectively. No longer do you have to have a degree in accounting or be familiar with all of the ins and outs of that particular professional field to keep track of where your company’s money is going and how well it is being used day in and day out.NOT A REPLACEMENT FOR AN ACCOUNTANT
Of course, QuickBooks does not replace certified public accountants; it simply makes their jobs faster and easier. You can’t go to it for tax preparation or to get badly needed financial advice. It is simply a tool that allows you to input data and have it stored accurately and safely. It does not replace you as the one in charge of your financial data. In addition, it is only as good as the information that you put into it, so you need to make sure that you are doing your part to keep it updated. Otherwise, you will not get the results you want from it.MAKING USE OF QUICKBOOKS INVENTORY SOFTWARE
Small businesses should definitely use QuickBooks, but they need more than just good accounting software to be successful. They need to use a QuickBooks inventory software combination. Fishbowl is a strong inventory management solution that integrates seamlessly with QuickBooks. In fact, Fishbowl is the #1 manufacturing and warehouse management solution for QuickBooks. It eliminates double data entry and other problems that can arise from using two different software solutions.CONSTANT INFORMATION UPDATES
To do its job, QuickBooks needs to constantly receive the most recent information about a company’s product purchases, sales, and transfers. Fishbowl helps you make sure the information you put into QuickBooks is accurate. Any changes you make to Fishbowl get automatically added to QuickBooks. Simply set up a schedule for data exports to occur. You can do these exports as often as you prefer, so that the two solutions will remain on the same page in terms of their data matching up.GOOD DATA = GOOD DECISION MAKING
QuickBooks inventory software gives you a great deal of useful information to help you make smart business decisions. It shows you which are your bestselling products, most profitable locations, costliest products to produce, and much more. All of this information can be used to improve your efficiency and save money. Plus, you can use the information to make smart decisions about what direction to take your company in the future.A COMBINATION OF FISHBOWL AND QUICKBOOKS
Fishbowl is the most popular inventory management software for QuickBooks users. By using its array of tools to manage your inventory and update QuickBooks, you can save time and money, and be more successful.
There are a number of things that companies should keep in mind as they put QuickBooks to work in their operations: