| 80% of small businesses utilize QuickBooks to handle | | | | #2 Less Errors |
| their accounting needs. This includes accounts payable, | | | | Because the information is automatically updated, |
| accounts receivables, time tracking, vendor databases | | | | accounting firms will find that there are fewer errors in |
| and client databases. QuickBooks is a revolutionary | | | | their clients QuickBooks files. This decrease in errors |
| program that has one big flaw; it does not allow for | | | | and time spent correcting information will allow the |
| native importing of other systems data. | | | | accounting firm to work faster and more profitably. |
| Most business and their accounting firms have no idea | | | | #3 Files Will Be Received Earlier |
| that they can import anything into QuickBooks with a | | | | Accounting firms will discover that their clients will hand |
| little help from a custom-programming firm. By | | | | over their QuickBooks files earlier, which will allow the |
| integrating disparate systems with QuickBooks, | | | | firms to handle the busy tax seasons with ease. |
| businesses can increase their productivity and run | | | | #4 Higher Rate Accounting Work |
| more efficiently by eliminating redundant data entry. | | | | Because clients will be spending less money on |
| Benefits to Small and Medium Sized Businesses | | | | bookkeeping services, accounting firms who |
| Utilizing QuickBooks | | | | recommend QuickBooks integration will see that these |
| #1 Data is Entered Only Once | | | | same clients now have larger budgets for higher rate |
| QuickBooks integration means that the data only has | | | | accounting work. |
| to be entered once. Once the data is entered into a | | | | Methods |
| company's timekeeping or order entry system, there is | | | | There are two main methods used to facilitate |
| no need to do anything more. The data is also entered | | | | QuickBooks integration. These are batch imports and |
| into QuickBooks in real time, meaning fewer man-hours | | | | backend integration. With batch imports, the business |
| and more efficiency. | | | | owner can create an export file, view the contents |
| #2 Fewer Errors | | | | and then choose to import that file into QuickBooks. |
| There are less data entry errors when QuickBooks | | | | With backend integration, the two systems talk to |
| integration is utilized, as there is less human data entry | | | | each other directly meaning that all is completed in real |
| needed. Human beings make mistakes and the ability | | | | time. |
| to eliminate redundant data entry will decrease these | | | | Good examples of businesses that can benefit from |
| errors. | | | | QuickBooks integration are accounting firms, staffing |
| #3 Enhanced Cash Flow | | | | agencies that utilize time tracking systems to pay their |
| QuickBooks integration allows for faster workflow | | | | employees, online stores who sell products online and |
| from the point of entry to the billing stage, which allows | | | | then must record the sales data for accounting, and |
| the business to bill faster and increase cash flow. | | | | large construction companies that utilize complex work |
| Benefits to Accounting Firms | | | | order systems. |
| #1 Emotional Capital | | | | A credible custom-programming firm can be utilized to |
| By facilitating QuickBooks integration for their clients, | | | | integrate QuickBooks into most web applications or |
| accounting firms will be viewed as problem solvers by | | | | desktop application. This integration enables small and |
| their clients. Being seen as an adviser that can help | | | | medium sized businesses to grow by reducing |
| with broad areas of the business, will lead to more | | | | man-hours, increasing efficiency and improving |
| referrals and more overall work for each firm. | | | | company productivity. |