Why Quickbooks Is Just What You Need

Quickbooks is one of the most popular names in the world of accounting applications. The product has been designed to take care of all accounting needs of a business, giving customers a choice of choosing between software based or cloud based systems, in accordance with their unique requirements. But is getting Quickbooks worth it, or is it just another fancy cost?

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Here are a few reasons why your business needs Quickbooks:

Communication and Online Features

Quickbooks is able to communicate and share data with hundreds of other business applications. What this means is that you won’t have to spend your precious time doing it, nor have to appoint someone for it. With such an automated mode of communication between business applications, the possibilities of human errors are also taken out of the picture. Quickbooks can also receive online payments, through the Quickbooks Online Billing feature. According to it, you can send the invoice through email to your customers and the customers can, in return, pay you electronically. Quickbooks makes the chore of payment and collection easier and convenient for both parties. Other features, such as accepting credit cards and online payment of bills all serve to make Quickbooks, almost, integral for all businesses nowadays.

Automated Reporting

With Quickbooks, you’ll have the ability of generating all kinds of reports at your fingertips. Gone are the days when you needed days, at times, to prepare accounting reports. Regardless of whether you need to know where your business stands or if you’re planning for the future, Quickbooks will be able to generate accounting reports based on, both, historical and projected forms of data. Having such powers at your fingertips will not only aid you in taking important business decisions but also help you in everyday endeavors, such as securing a loan.

Simplicity and Flexibility

On the whole, accounting applications tend to be cumbersome and, at times, too hot to handle. What differentiates Quickbooks from the other applications of its kind is the fact that it’s extremely simple to use. What this means is that all your staff needs to take care of all of the bookkeeping needs of the company is a basic background in accounting and an understanding of how the software works. That’s it! Also, Quickbooks has got such customized accounting packages available for different kinds of businesses, making it one of the most flexible accounting applications out there.

Cost Saving

Regardless of what the size of your business might be, the fact of the matter is that Quickbooks will cost the same. This is what makes Quickbooks so affordable and one of the best bargains in the world of business. For a few hundred bucks, you can automate a lot of your bookkeeping tasks—of varying complexities—and save your money and time in the process. In order to truly make a win/win situation, however, it’s advisable to train your staff before shifting your bookkeeping to Quickbooks.

If you’re looking for advice on how you can best implement Quickbooks in your company, or if you’re looking for the right accounting application for your business, in general, then you should know that SKB Accounting has got the answers to all of your questions. Make the most out of Quickbooks with SKB Accounting!

Why Integration with PayPal Is the Right Thing to Do?

The two most important things that make businesses successful are their ability to minimize expenses and maximize profits. However, the efficiency of both of these considerations depends upon getting the right payment processing solution for your business. Here are a few reasons why PayPal can be the best choice that you’ll ever make in this regard:

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Bigger Transactions Made Better

With PayPal credit, your customers are allowed an access to special financing which enable them to have more time to pay for their purchases. This feature is helpful with the bigger purchases, especially, owing to the fact that it gives your customers more time to pay. But what makes this convenience an absolute gem is the fact that your business will get paid, in full, upfront. The credit line to your customers is extended on behalf of PayPal and not your own. What this means is that you’ll be able to make bigger transactions on credit (technically) and not have to worry about your liquidity either.

International Business Made Safer

One of the biggest reasons that business owners give for not going international with their activities is that they are afraid…afraid of frauds. However, with the integration with PayPal, they can turn the tides on this threat of fraud, owing to the fact that PayPal’s reputation is goes well beyond the U.S. What this means is that businesses will be able to capitalize on the international markets without having to worry about frauds. It has become a matter of fact now that online business is made secure through the usage of PayPal as an additional layer of security.

Hidden Charges Made Nonexistent

PayPal believes in transparency. What this means is that scams, such as hidden charges, are completely nonexistent in your experience with PayPal. PayPal doesn’t promise minimum rates to reel businesses in only to find out that the add ups make it a whole lot more expensive. PayPal, as a company, doesn’t need the assistance of such underhanded techniques which is the reason why it offers flat rate, based on which businesses can make their decisions. This is also a huge plus when you consider the fact that PayPal doesn’t charge any startup or cancellation fees either.

Funding Your Business Made Easier

Dips are part and parcel of a business’s lifecycle. Regardless of whether it’s because of a dip or because your need to expand, you’re going to need funding—sooner or later—for your business, right? What a wonderful thing it would be if you get these funds easily, right? But what if I told you that there is such a way? How? Well, through PayPal Working Capital of course. Certain businesses may qualify for a business loan from PayPal Working Capital, without a credit check, at a flexible payment schedule.

No matter how many advantages to integration with PayPal may be, you need to find the thing that would work the best for “you”. It’s recommended, therefore, for you to consult professionals—like the ones at SKB Accounting—in order to gain an expert’s insight into what your business truly needs!