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Look for a helping hand with your bookkeeping?

28 February 2012 3 Comments

Running a family friendly business means that it fits in around your family life, but this can also mean that your time can be limited. So prioritising is usually essential to ensure you cover all the important parts of running a business.

One such important aspect of business life is bookkeeping. Now we all know this is not the most favourite part of business but none the less it is a necessity.  You need to know how well your business is doing and if you have enough cash to invest in developing your business as well as making the end of year tax return easier to complete.

So if you are looking for something to make it easier to keep on top of your books and not take up too much of your precious time, Intuit has some fantastic software to help you do just that. There are two types of software available from Intuit, QuickBooks Desktop and QuickBooks Online.

Each of the two types of software then has three different packages, QuickBooks Desktop has:

  • QuickBooks SimpleStart. Create branded invoices and quotes; track sales, expenses and profits and generate key business reports. Great for sole traders with 1 user.
  • QuickBooks Pro. All of the above plus, calculate and file VAT returns, essential stock control tools, handle foreign currencies and see your company snap shot. Great for small business as can have 2 users.
  • QuickBooks Premier. As with the Pro plus create financial forecasts, place back orders, buy and sell stock in different units, more price and discount offers and create over 135 business reports.

The QuickBooks Online edition has:

  • Online Simple Start. Create polished professional invoices; monitor your sales and cash flow plus free support and updates.
  • Online Essentials. The same as the Simple Start plus create VAT returns automatically, handle foreign currencies plus see your companies snap shot.
  • Online Plus. As with the Essentials plus create budgets for your business, extra business reports and accurately track the costs of a job.

Also with the online accounting software that QuickBooks Online provides, you can access it from anywhere using your mobile phone making it an excellent choice for busy mums and dad’s to keep in touch with their businesses finance.

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