Starting a small business is no easy task. Even if you already have a few customers (which, if so, congratulations!), you may be unaware of necessary operational practices like making quarterly tax payments, getting the correct business licenses, and, most importantly, organizing your finances.
Getting started with accounting software from day one is crucial for your long-term financial success. QuickBooks has several tiers of accounting software options, ranging from Self-Employed to Advanced, which allow you to cherry pick the features you need.
Here are three reasons our small business clients choose QuickBooks as their preferred software to stay on top of their finances, giving them more insight into their business and time to focus on growing it, and why QuickBooks is one of our top tools for financial success.
1. Gain visibility into your income and expenses
Understanding where money comes into your business from and where your money goes out to is critical not just for day-to-day operations, but for planning for long term financial success.
QuickBooks connects with all of your bank accounts online, so your transactions are automatically imported, making a formerly-tedious bookkeeping function a snap.
2. Get paid faster
QuickBooks makes it easy to get paid. When you use the platform to create and send invoices, you can automate invoicing, set up payment reminders, and accept payments directly in the application. Easy reporting functions allow you to see who owes you money at any point in time.
When you take manual invoicing and receiving payments off your plate, you’re free to focus on the kind of higher-level tasks that help you grow your business and reach your long-term goals.
3. Be prepared for tax season
Does tax season bring up images of an overflowing shoe box of unorganized receipts? Make staying up late crunching numbers before the tax deadline a thing of the past. QuickBooks lets you easily share your books with your accountant for everyone’s convenience. Or, if you’re doing your taxes yourself, QuickBooks has powerful reporting features that make tax season easier.
You don’t have to be an accountant or a math whiz to take charge of your bookkeeping. When you’re ready to take QuickBooks for a spin, click here to get 50% off your first 12 months.
To help you get started with QuickBooks check out our QuickBooks Tips & Tutorials on our YouTube channel and to find additional Small Business Resources we’ve compiled go to learn.claracfo.com.
If you’re ready to gain control and clarity of your business finances we’d love to talk with you about your financial needs and help you find a path to meeting your goals. Schedule your clarity session with us today: book your clarity session.
Disclosure: Some of the links on this page are affiliate links, meaning at no additional cost to you we will earn a commission if you click through and make a purchase.
Disclaimer: This blog and the linked videos are intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.