Having QuickBooks software for your business is like having the greatest tool to deal easily with accounting, bookkeeping, financial management, and payroll. With that, it can be used for advanced purposes like business reporting insights and the correct recording of data. With correct we refer to entering the data incomplete information in all the fields.
It is no hidden that data entry is very slow, boring, and hectic to perform, which means it will take up your time, energy and drain you. Do not let the traditional manual data entry process slow up your process and also add up creating errors. It will be a big hassle to eliminate the error that occurs manually in data entry when you can make the entire process automated and easier. Technological advancement has given us great reasons and better alternatives to handling data entry.
QuickBooks Data Entry:
Human data entry possesses serious errors and it can ruin your statistical outcomes and conclusion very badly. Doing repetitive data entry will make you ignore the error and this mistake will be impossible to control later.
QuickBooks data entry provides instant relief for you to manage your QuickBooks CRM timely and appropriately. No matter how disorganized you think your data is, with QuickBooks, it will be clear, logical, and transparent. Automating your data entry will make things easier, better, and efficient.
You will save your time, energy, efforts, and also lesser error will be a big relief as a user. Although automatic data entry is just the same as manual data method, the collection of data differs. In automatic, the entire process is done electronically through the scanner which makes it easier and a lesser error occurs too.
Automate Data Entry for Bills, Invoices, Receipts, and More
There is no hidden fact that business requires to record their expenses with a detailed review and evidence that supports the entry. This information needs to be maintained to have it during the audit. When you use data entry manually, you will be required to collect all the paper bills, the receipt, as well as the email records of the expenses, step by step in your QuickBooks.
These tasks do not just seem to be boring but quite time-consuming, wherein you can use the time in a better way than this. Wouldn’t it be a great idea if you can easily scan, forward all the documents and the data entry will take place automatically? This doesn’t seem like a dream but a reality and it is possible in QuickBooks. It can be done easily with the help of QuickBooks.
Recording of sales
This can be done through POS, as it provides a great way to deal with the inventory and sales. POS isn’t a complete accounting software, with the help of QuickBooks online you can do the annual accounting and profitability analysis with it.
When you have QuickBooks, you can do things like:
From the QuickBooks app store, you need to choose POS app and it will connect directly with the software
Furthermore, once it gets connected, your daily sales information will automatically flow to your QuickBooks making it a complete item detail aligned.
With the advancement in technology, you need not have punched the numbers in QuickBooks manually. Once you integrate the POS app into your software, the sales will glow out automatically. This will happen in real-time and in a very detailed manner, just like you have expected it to be.
Automated Bank Statement
Banks as well can be integrated with QuickBooks and you as a user will receive automatic bank feeds. If in any situation you are unable to get the integration done properly, there are other ways you can get the statement into your QuickBooks.
- First, download the CSV from the bank portal and then upload it to CSV
- or else, you can upload a pdf to the bank statement to the receipt bot.
Automated Sales Invoice Entry
Most modern and updated businesses use CRM for their sales and client management. The obvious reason being its versatility, ease, and comfort of maintaining the records that it provides. However, the custom recording, as well as billing details, does require to be manually entered and updated into the QuickBooks. The average error rate for manual data entry is about 1% and which may not seem scary enough. But consider the number of records that your company will maintain and how often these errors will occur? It can be too intimidating and messed up.
With the help of automated data entry, things have got better and efficient. Businesses can get rid of the boring and manual tasks of entry by fully automated ones. This will not only fasten the business by emphasizing another important task. But allow the user to get enough time to work on the rest of the projects and tasks.