You are probably here because you have a lot of questions. We understand. 

Our wide range of accounting and bookkeeping services are here to help you out. 

It’s easy to get caught up in a bubble working with people who are very comfortable with the tech behind computers and reading all about the high-tech advancements. It is so easy, that some of us may even forget that there is almost a whole society that is struggling with understanding this world. 

When you hear the phrase “small-business accounting software” you are most likely to think of QuickBooks. 

QuickBooks software is currently holding up to 80% of the small-business market share. That being said, if you are searching for easy-going tips and simple solutions for your accounting matters, QuickBooks should definitely be on your list of priorities. 

The Game-Changer for any Small Business Owner 

Below are a few services on courtesy of QuickBooks that can help you save a lot of time on your hands: 

• Tracking down your expenses 
  With the help of this feature, you can even photograph your receipts and quittances.
• Control your cash flow 
  Enter bills from merchants and schedule recurring payments to save time. 
• Supervise your business on the go 
  Have the freedom to access your accounts from your mobile phone, computer or tablet. 
• Create and send business forms
  Create professional sales receipts and send them in a matter of only a few minutes. 
• Know where your business stands 
  With the help of customizable dashboards, you can instantly have a glance at how your business is performing. 

QuickBooks has an element for nearly every one of your accounting needs and their understanding is quite simple. 

Dig deeper into what tips QuickBooks Online has to offer

With QuickBooks Online you have multiple common capabilities at your disposal: 

1. You can easily monitor and manage your income and expenses. It allows you to create professional invoices, administer accounts payable and accounts receivable. 
2. You can send unlimited invoices and billing. This also allows you to control your business data by granting access to user by user. 
3. Allow your employees access to time tracking to be able to clock in and out and mark billable hours. Track and alter work-related expenses such as travel and different supplies. 

The Benefits and Drawbacks of the software

Benefits: 

Among the benefits of using Quickbooks Online, we can mention the importance of connectivity. This app is available to use on mobile devices such as iOS, Android, Mac and Windows. 

By enhancing connectivity we can easily engage with third-party applications such as Paypal or Shopify. 

Drawbacks: 

According to user reviews and feedback, QuickBooks Online lacks performance regarding the number of companies that you can run at once. However, this version is available on the QuickBooks Desktop feature. 

It’s important to mention, while QuickBooks Online is almost every small business owner’s first choice, there are still quite a few differences between the online version and the desktop version.

QuickBooks Desktop Products

While QuickBooks Online offers the option to automatically schedule and send invoices, QuickBooks Desktop allows for the calculation of job costs and potential customer discounts.

What type of products fall under the QuickBooks Desktop category? 

• Mac: Designed for small businesses using macOS 
• Pro: A perfect fit for a small business just starting out (can scale to Premier and Enterprise)
• Premier: Designed for small businesses with industry-specific needs (can scale to Enterprise)
• Enterprise: Aimed to small to midsize businesses that need a flexible business and financial management solution. 

Just like the Online version, QuickBooks Desktop share several common capabilities as well: 

1. Financial reporting: Reports changes in profit and loss statements, balance sheets, etc.  
2. Inventory management: Tracks orders, sales, and deliveries to maintain product supply levels.
3. Invoicing and billing: Automates invoice sharing and payment collection. 
4. Payroll procedure: Tracks orders, deliveries, and sales, as well as employee hours and print checks. Calculates payroll taxes and files tax forms.
5. Accounting: Accounts receivable, accounts payable, general ledger, and bank reconciliation. 

Benefits: 

This feature was built from scratch. It allows Apple users easy access to QuickBooks in their natural environment. It also integrates freely with built-in macOS applications such as Contacts and Calendar.

Drawbacks: 

Unfortunately, there is no accountant’s copy included in QuickBooks for Mac. Mac users can share data with Windows users only through a data conversion process known as QuickBooks for Mac users as round-tripping. 

How to Find the Right Solution for your Business? 

Here’s what you can do next in determining what option suits your needs best: 

• Read in-depth about our product reviews. Browse through multiple accounting solutions with reviews only from real, verified users. Find out how your peers have rated each platform’s customer support, ease of use, and many more.
• Talk to a software expert. If you still need help choosing a specific accounting system, we’re here to help. Our software advisors provide fast and personalized software-related recommendations, helping companies of all sizes find products that meet their business expectations and needs. 

Whether you’re just starting out or you’re expanding your company and have more advanced accounting needs, QuickBooks has a solution designed to fit your business without giving you a hard time. 

When choosing an accounting software, one has to consider the features each software has to offer. That being said, why not opt for one that spares you the trouble and provides easily manageable tools and services for your business to grow even if you’re just starting out? 

Solutions are at every corner, you just need to choose.

Would you like some help?

If your small or medium-sized business is still struggling, Centrosome is available for support. We offer our services to businesses throughout Canada and the United States, and we can easily help you find accounting software that works for you.

We also offer wider accounting and bookkeeping services, catering exactly to your company’s needs. Our services help your business grow, and they give you the peace of mind to focus on other pressing aspects of running a company.

Get in touch today to see how we can help transform your business.