QuickBooks is the bestselling financial software for businesses both big and small. It covers a range of features from order processing and sales management to inventory control and payroll. This versatile software takes care of all aspects of bookkeeping and accounting for a business and helps keep track of its day to day revenue and expenses. The biggest advantage is that it's extremely simple to use and it does not require you to have a background in accounting. Online QuickBooks can be used for businesses on the internet that need all the features that the software provides.
Basic Features of Online QuickBooks
- Order processing
- Payment tracking
- Sales tax tracking
- Invoice distribution
- Sales receipt generation
- Expense tracking
- Inventory management
- Customer management
- Financial report generation
If you are the owner of an ecommerce business, it's critical for you to have it integrated with online QuickBooks. In the past, you were required to manually enter each step of the sales process into QuickBooks after they are completed through your ecommerce website. Fortunately many ecommerce solutions are now providing complete online QuickBooks integration as a feature of their service. This automatically synchronizes all of the important steps from your e-commerce site into your QuickBooks account. Not only are orders automatically shared among the two, so are inventory updates, product details and customer data. A well integrated e-commerce solution should be able to work with different versions of QuickBooks. It allows all of your business needs to be appropriately tracked and managed from one central location. Discounts, gift certificates, shipping and tax details will also be configured accurately between the two.
There are several advantages of using online QuickBooks with your e-commerce site. The most important benefit of having a well integrated system like this is the amount of time it saves the business. Without having to be responsible for entering all of the information into QuickBooks, the entire order process becomes much more efficient and productivity goes up as a result. Since every part of the sales process is automated, important data is updated in QuickBooks in real time. There is also no need to worry about duplicate entries, because this streamlined process makes it nearly impossible.
Choosing the right e-commerce solution with online QuickBooks integration is critical for managing the various aspects of your business. QuickBooks Web Connector is required to seamlessly synchronize all of your e-commerce site activities with the tracking and management functions of QuickBooks.
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