Do you have a great business model, and you’re ready to get started, but scared because you know nothing about accounting? Or do you already have a small business, and it’s costing you an arm and a leg to have your accounting done? Accounting is something that can be really overwhelming to someone who has no firm background in it. All those numbers, all that money, and if an error is made, it can mean some considerable consequences. Breathe. Believe it or not, there is a way you can tackle your accounting, and it will leave you confident and with plenty of time to devote to your actual business. Not convinced? Let’s put it this way. Would you rather take semesters of accounting classes for thousands of dollars and lots of time at your local community college? Or would you rather take a class that only lasts for weeks on mastering the computer program, QuickBooks? Thought so. The ACTS Learning Center owner Steven Patterson explains the program.
QuickBooks’ programs make it so that instead of having to learn years worth of accounting, you can simply learn this program in a few weeks and actually understanding finance through this program. The different features and commands make your business’ financial information easy for you to understand and work with.
Along the way, professional accountants have consulted the program creators to add more necessary accounting features, such as an audit trail. Often, a small business will still use an accountant for end-of-the-year work, just to close things out, finalize payments, etc. These accountants need the information to follow some sort of timeline, and that has since been included in the QuickBooks programming, along with other more advanced features made simple. Now that these features have been added, QuickBooks is truly a comprehensive accounting tool, and there is little to nothing a small business owner or employee cannot do. The most recent versions of QuickBooks have added features like remote access, payroll assistance, electronic payment, online banking, mapping capabilities, and marketing options. This has really caused QuickBooks to be the financial hub of a small business. This program can do what a team of people would normally handle. It can save you such a significant amount of time and money, as it is sort of one- stop shopping for all of your business’ financial needs.
QuickBooks has also started creating versions of the program that are specifically targeted to different industries. This allows you to create project timelines, milestones, and work flows so all of your finances really mesh with the work being done. It also translates accounting into the language of that industry, and can really hone in on the type of accounting that needs to be done there. QuickBooks is estimated to have about 80% of the market, meaning that 80% of businesses that handle their own accounting use QuickBooks. That means that not only should you learn QuickBooks if you’re the owner of a small business, you should also learn QuickBooks when searching for a new job. Employers want candidates who are well versed in this program because of the time and money they will save. Taking the time to learn each step of QuickBooks in a comprehensive class can either make you a valuable asset to your company or can help your business thrive with all the extra time and money it leaves you with.
