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QuickBooks is one of the most popular accounting software on the market right now. Thousands of business owners use it every day to ensure their finances organized and properly audited. Unfortunately, getting up to speed with QuickBooks can be a bit difficult, so here are some tips to keep you on track. 

Use ProAdvisor
Here’s a tip for business owners just getting started with QuickBooks: use ProAdvisor. ProAdvisor is part of the QuickBooks Intuit Package and connects you with a local accountant (depending on where you live) who can help get you up and running on the software. They can also advise you on issues like tax requirements, offsetting of expenses and business structure.

Invest in Understanding the Basics
Like all software, QuickBooks has a learning curve. However, if you use the Getting Started Tutorials that it offers, you’ll be more comfortable with how this accounting software works, such as management of bills, inputting costs and more. The tutorials are well-constructed and very practical, so invest a couple of hours after you get set up familiarizing yourself with the basic features.

Choose a Highly Secure Password
When it comes to protecting your financial data, the key is having a strong password. This will save you plenty of headaches later. Often, your QuickBooks integrates with online banking; a hacked system can open your financial vault in a risky way. To change your password, simply visit the Your Account tab and go to Change Password.

Enter Correct Company Information
What your firm looks like – its business structure, reporting forms, calendars for reporting as well as its Tax ID number – is critical. Avoid problems down the line by ensuring that all your data is entered correctly into the system via the “Company Tab.” Inputting the correct information and double-checking what’s in the system will help you get the best recommendations and results from the software.” Read More

Want to learn more about QuickBooks? Chat with us below.

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