One of the best features of QuickBooks is that it keeps track of the money coming in and out of your business in one place, no matter how many bank accounts or credit cards you have. It can connect to over 2,000 financial institutions to download and categorize your transactions for you.
QuickBooks is easily adaptable to most small businesses because it allows you to customize income and expense accounts as well as tailor reports to your business needs. Additionally, QuickBooks Premier allows businesses to expand into industry specific editions. It’s compatible with many different market applications, including payroll (ADP, Paychex), point of sale (Square, PayPal), and accounts payable (Bill.com, Tallie). By exporting data from these applications into QuickBooks, transactions can be tracked in one central location without any transactions getting lost or overlooked. QuickBooks Online allows you to put your business on the cloud and access your file from anywhere, anytime – or if you are more comfortable using the QuickBooks Desktop version, your QuickBooks file can be uploaded to the cloud using a private cloud-based server, such as Cloud9, that will allow you to securely access your file from any computer.
The extensive features and user-friendly functionality of QuickBooks make it a great value for small businesses.