Monday, August 07, 2023
QuickBooks is a comprehensive bookkeeping software package developed by Intuit for small business owners, like you, who tend to have a lot on their plate. QuickBooks tracks all of your business finances in one place, making it easily accessible to you and your accounting team.
With a wide assortment of online tutorials, you do not need to be a computer whiz to use the software, and QuickBooks offers a free 60-day trial period.
Time is the most valuable commodity for small business owners. QuickBooks does the “number crunching”, so you can devote more time to day-to-day operations. In fact, business owners can save an average of 42 hours per month using QuickBooks.
QuickBooks allows you to take advantage of real-time reporting and time management tools. You will be able to maintain up-to-date customer and employment information, generate accurate financial statements and reports, and avoid mistakes that could lead to income tax troubles. And you can easily integrate your bank and credit card accounts into QuickBooks so that transactions flow into your books without manual data entry.
QuickBooks only has access to the information you allow. QuickBooks’ industry-recognized security safeguards ensure that your data is always protected, while also providing you with the convenience of managing your bookkeeping services from any location, including your mobile device.
There are many areas of compliance that accountants pay attention to, such as tax filings, payroll filings, and rules for depreciation and amortization. QuickBooks has built-in features to perform these functions, but the software will not detect errors or confirm that filings are complete and accurate. You need an accountant to ensure compliance. Accountants also know the right questions to ask to help guide your business and assist with financial management. As a business owner, you can’t know and see everything. Your accountant is your extra set of eyes.
At J&S Accounting, we provide expert bookkeeping services tailored to the unique needs of small businesses and nonprofits. We recognize the challenges that come with maintaining accurate financial records and how vital this is for the smooth operation and growth of your business. As a woman and minority-owned firm, we’re proud to offer our expertise to businesses in Savannah, GA, and across the nation, helping them navigate financial complexities and achieve better financial management.
As a professional photographer, investing in the right equipment is crucial for capturing stunning images and maximizing your business's tax efficiency. These investments can be considered business expenses, offering valuable tax write-offs. Here's a list of essential photography gear and related expenses that can be deducted during tax season.
Whether starting your own business or adapting to the work-from-home lifestyle, having the proper setup can make a difference.
At J&S Accounting, we understand that budgeting isn't merely about keeping track of expenses; it's about strategically planning for profitability and growth.
This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.
This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.