Beneficial Features of QuickBooks Pro

Offered by Intuit, QuickBooks Pro is an excellent accounting solution for SMEs. It is a user-friendly application that can improve your accounting practice with plenty of features.

QuickBooks Pro Hosting consists of an easy interface that is suitable for users without any accounting experience, you can manage the finances with efficiency.

It is available in two versions: QuickBooks Pro and Pro Plus for better planning, estimating, budget accounting, and other financial services.

Here are some of the most beneficial QuickBooks Pro features that give an idea about its potential for your business:

1. Generating Reports

QuickBooks Pro comes along with a built-in reporting tool for tracking the cash flow, payrolls, invoices, and more. There are more than 100 customizable reports for finances, sales, and taxation that facilitate the decision-making process for your business.

You can apply filters and hide columns to view the needed functions and details. Besides, there is also an option to export reports to an Excel sheet for detailed accessibility. You can create, edit, and schedule reports in a single place. Several reports and invoices can be emailed in a group at a time to the customers.

2. Inventory Tracking

QuickBooks Pro enables you to create and control the inventory at various levels. You can instantly modify the inventory in case of any loss, theft, or reductions.

It assists you to understand the requirements and status of every product to keep the business running. It also allows you to track the availability of products, differences in costs of goods, employees’ billable hours, and more.

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3. Smart Searching

QuickBooks Pro providers faster search benefits by automated field filling. Thus, eliminating the need for memorizing account numbers or other customer information to find them in the entire chart.

In the updated version of QuickBooks Pro, you get improved search assistance through the guides and live customer care executives through helplines and emails by directly clicking on “F1.”

4. Handling Bills

By using QuickBooks Pro, you can effortlessly track your purchases, accounts payables as well as deposits. You can review the due dates and pay online with credit cards or online bank transfers. You can receive payments instantly by creating invoices and get the real-time status of the billing.

5. Working simultaneously

QuickBooks Pro allows up to three user licenses to work simultaneously. It indicates that you and your employees can work on the same file at the same time, resulting in increased productivity.

You can also define user authorizations to these licenses to secure the privacy of your data. QuickBooks Pro can operate up to 14,500 elements in its files. QuickBooks Pro can also be installed on Cloud Windows Desktop for better efficiency.

6. Banking Services

QuickBooks Pro has dedicated tabs and dialog boxes for all your banking activities such as withdrawing deposits, preparing checks, managing payments, money transfers, etc.

All activities can be recorded with the help of the bank account registration window, a unique feature designed to speed up the process. QuickBooks Pro also has a toolset enabling you to reconcile your accounts with your bank statements.

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