Housecall Pro & Jobber: Two Amazing Tools for Your BusinessApril 20, 2023
How Using Email Can Increase Your Small Business’s SalesAugust 2, 2023
Great Profit Starts with a Great Bookkeeping System
Hey Badass Business Owner!
I know this is not the sexy, fun part of owning a business, but it is the most crucial if you want to build a profitable business and not just create a job that pays well. After all, you set out to be a business owner, not just an employee.
A question I get all the time is, which bookkeeping software do I recommend?
There is a clear winner in my mind. QuickBooks. For most of you, due to the size of your business, QuickBooks Online is a perfect solution.
Let’s take a few minutes and talk about why, you want to give QuickBooks a try…
Keep reading/scrolling for all the information you will need to simplify your life and make more time to work on your business! And we know that working ON your business is what we want to do!
Let’s dive right in!
What the Heck is QuickBooks?
QuickBooks is a cloud-based software that has every imaginable feature you could ever want in an accounting system. It is designed to help manage finances, including but not limited to, invoicing, payroll, inventory tracking, and best of all, financial reporting. So, you can know your numbers!
Talk about having it all! No more going to your accountant or tax professional with a box of receipts or scribbled notes. Everything is easy to input into QuickBooks and it is all in one place, ready to start. Best news? You can even give your accountant access.
Let's go over some of the amazing features that QuickBooks has.
QuickBooks has the ability for you to input all your financial transactions. Such as sales, expenses, and payments. It will automatically organize this data for you, making it easier to track your sales, cost of goods & expenses along with creating your profit and loss income statement.
You can set up roles for anyone you decide to give access to. For example, if you have an office manager (for many of you, your spouse), you can give them as much or as little access as you would like. How great is that?!
Invoicing and Payments
With QuickBooks, you can create and send professional invoices to your customers. They can pay directly online which saves you the time of taking a check to the bank or having to follow up for payment. Let's face it, your time could be better spent working ON your business instead of chasing down payments.
QuickBooks has payroll functionality as well. It will allow you to calculate and process employee salaries, generate paystubs, and handle payroll tax. No need to have a separate payroll company if you want to keep it all in one. Not having to pay a separate payroll company & keeping it all in one place helps give you peace of mind. It makes sure that your employees are paid correctly every time.
Track and categorize your business expenses by connecting QuickBooks to your bank account. You can also do this manually if you would prefer. (However, personally, I’d connect them like I do…Why make it harder is my philosophy?) This feature will help monitor your spending, show you tax deductions, and generate expense reports. What a time saver for you!
Ok, my personal favorite feature. A Profit and Loss Statement. We all know that your P&L is the key to knowing those business numbers and creating more profits! QuickBooks can pull all this for you! No more sitting at a desk with a calculator and a pencil. Just log in, click a few things, and BOOM! Done! You have your P&L created and ready to go! It also pulls cash flow statements and balance sheets. All can be customized to fit your needs. Super Easy to get what you need to dive into your numbers!
I don't know about you, but having a system that will track and manage inventory is a lifesaver! QuickBooks provides tools to monitor what you have in stock, create purchase orders, and even a report so you can see inventory turnover and value.
If you read my previous recommendations of HouseCall Pro and Jobber, then you know that they integrate with QuickBooks But they aren’t the only two. Many other software companies are able to connect with QuickBooks as it is the industry standard for most small business owners.
This will allow you to streamline your operations! Streamline, like floating down a beautiful stream because you have QuickBooks doing all the work for you!
Online and Desktop
Both are offered with QuickBooks. Having used both, I’m pretty sure most of you will love the online version the best. You can access your account from anywhere! (Yes, even on the stream you are floating down, so long as you have internet!) No more are you saying, nope sorry, I am not near my computer right now. You can access it immediately on your phone or tablet.
Yea, But How Much is It? PRICE
I know what you are thinking. Sounds great Tammy, but how much is this going to cost me?
While there are many different plans to choose from. You can get started today for an amazing special for the first 6 months. Just click this link and see which special they are running today: Check Out QuickBooks
There is a plan for every budget. But let’s get real for a moment. It is worth it! There is no better thing for you to invest in with your business than an easy-to-use, bookkeeping software that produces a profit and loss statement for you. All wrapped up into one simple program.
Then off you go! On your way to spending more time on your business, with your family or just taking a much-needed float down a stream.
Overall, QuickBookss is a leading accounting software that is so user-friendly, you will wonder where it has been all your life! It will cater to your needs as a business owner by helping you manage your finances and make informed decisions based on your financial data.
Now! Get out there and be the Badass Business Owner I know you are!!!
PS: For some great information on how to read and understand your profit and loss check out our YouTube channel! We have amazing videos on everything you could ever want to learn about running your business! The Badass Small Business Owner YouTube Channel
DISCLAIMER on Affiliate Links: I occasionally will have some affiliate links & I do earn a small commission but at no cost to you. I only recommend companies or items that I believe will save you time, and money or help make your business better
Get Weekly Business Tips
Each Week I'll Share One Quick Business Tip to Help You Start Increasing Your Profits! Start Earning $3,000, $5,000, $10,000 a Month.
Stop working those crazy hours and start working smarter, not harder.
Time to Increase Your Profits, Boost Your Sales, Improve Your Processes and Develop Stronger Teams!
TIME TO START EARNING $100,000 a Year in TAKE HOME PAY!!