Why So Many Businesses Use QuickBooks
QuickBooks is among the most widely used accounting programs for small and mid-sized businesses, and that popularity matters in practical ways. Bankers, bookkeepers, payroll providers and tax preparers are generally familiar with it, so information moves between you and your advisors with less friction.
What it does for a business
- Records income and expenses in one place, so you can see where the money is going.
- Tracks what customers owe you and what you owe vendors.
- Produces standard reports such as profit and loss statements and balance sheets.
- Works with bank and credit card activity, which cuts down on retyping.
- Gives your CPA a clear record to work from at year end.
Online or Desktop
QuickBooks comes in both an online form and a desktop form. The online version is reached through a web browser and makes it easier for several people, including your accountant, to see the same numbers. Desktop software is installed on a computer, and some businesses prefer it for familiarity or specific needs. We work with both and can talk through which is the better fit for your situation.
When it may not be the right tool
No program suits every business. Very small operations with a handful of transactions may do fine with a simple spreadsheet, and larger or highly specialized organizations sometimes need more than QuickBooks offers. We will tell you honestly if we think a different approach would serve you better.
Software Is Only Half of It
The program records what you enter. A sensible chart of accounts, consistent habits and regular reconciliations are what make the reports trustworthy, and that is where a CPA can help most. Explore setup, training or a file tune-up, or return to all QuickBooks services.
Call (404) 223-5950 or send us a message, and we will talk it through with you at Botwinick & Botwinick, CPAs PC.
QuickBooks is a registered trademark of Intuit Inc.