With more small- medium-sized companies needing complex and more intuitive accounting solutions QuickBooks Online Advanced is here to do just that.
QuickBooks online advanced is a cloud-based accounting software that is designed specifically for small to medium-sized businesses. It offers a wide range of features that can help you as a business owner in Kenya streamline your accounting tasks, make more informed decisions, and ultimately grow your business.
Features Of Quickbooks Advanced
Below is a list of features of QuickBooks advanced online
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Track inventory - This feature allows you as a business owner to easily keep track of the products you have in stock, this includes quantity on hand, the cost of each item, and the sales price. This can be especially useful if your business relies on inventory, i.e. you own a retail store or a manufacturing company. QuickBooks advanced will allow you to quickly identify when you need to reorder products and at what cost. Additionally, it also provides inventory management reports, a feature that can help you as a business owner to have a better understanding of your inventory's performance which will help you to plan for the future.
·Generate detailed reports- With this feature you can create reports on your income, expenses, and profits, as well as analyze your sales and customer data. This will help you identify patterns and trends in your business that will inform your decision making Quick book’s advanced ability to export and customize the report will enable you as a business owner to share the report with partners, investors, or other stakeholders.
Job Costing – with this feature, you are able to track the costs associated with specific projects or jobs. This can be particularly useful if your business provides services, such as construction companies or consulting firms, as it allows you to accurately bill your clients for the work they have done. Additionally, the job costing feature will enable you to project the profitability of your project, and make an informed decision on whether to take on a new project or not.
Ability to manage payroll – With this feature you are able to easily track your employees' hours, pay rates, and taxes, as well as generate paychecks and tax forms. This can save you a lot of time and hassle, and reduce the risk of errors. Moreover, this feature allows for the automation of payments, and deductions for benefits, and this will allow you to keep accurate records of your employee's compensation, which can help during the filing of taxes and other compliance matters.
Ability to integrate with other business tools- QuickBooks Online Advanced also offers a feature that allows for integration with other business tools, such as point-of-sales systems, e-commerce platforms, and payment gateways. This integration enables you as a business owner to have a single source of truth for all your business transactions and provides you with a more holistic view of your business performance.
In conclusion, QuickBooks Online Advanced is an advanced accounting software that can provide small to medium-sized business owners in Kenya with a wide range of useful features. From tracking inventory and generating detailed reports to managing payroll and job costing, it can help business owners streamline their accounting tasks and make more informed decisions.
The adoption of QuickBooks Online Advanced is particularly relevant for Small to Medium Businesses in Kenya, as it will enable them to scale their operations and take advantage of opportunities that are presented to them in today's digital age.
Upgrade to QuickBooks advanced today. Call us on 07133334699