Why Quickbooks Is Considered The Best App For Financial Tracking

Financial tracking is extremely important for your business. It can help you stay within your budget, keep track of revenue, and ultimately enhance your profits for a more successful business. While many small business owners manually track their income and expenditure via spreadsheets, using a financial tracking app is a much better approach.

QuickBooks is widely considered the best financial tracking app for businesses of all sizes. It's efficient, user-friendly, and even allows you to get professional financial help seamlessly. Here is why QuickBooks is considered the best app for financial tracking.

1. It Makes Tracking Your Finances Easy

If you have no experience or expertise with financial software, the idea of moving from a simple spreadsheet to an elaborate financial tracking app might seem overwhelming. After all, you need your finances to be tracked and broken down in a way that you can easily understand and analyse.

Fortunately, even complete beginners can get the hang of QuickBooks. The app is easy to navigate for anyone, and whether you're trying to categorize your expenses for tax purposes or simply need a monthly breakdown of your finances, it makes all of these operations surprisingly simple.

2. You Can Create Instant Financial Reports

When it comes to tax season, breaking down your income and expenses can be a hassle - especially if you're using outdated methods. One of the biggest benefits of using QuickBooks is that it helps break down all of this information instantly and even lets you save a detailed yet easy-to-read report.

And that's not all it can do. Want a detailed breakdown of your revenue in the last quarter? QuickBooks can give it to you within minutes. Want to analyse your company's spending? You can swiftly get a breakdown of your expenses. These are just a few of the features that make QuickBooks so helpful for businesses.

3. It Connects With Your Accounts For Instant Tracking

Importing all of your financial information from your business bank account to a spreadsheet can take hours of work, especially since you'll need to double-check to ensure you don't miss anything. While many banking apps allow you to import spreadsheets, these often still require reformatting and editing and exclude vital info.

One of the great things about QuickBooks is that you can connect it to your business bank accounts and track your incoming and outgoing cash instantly. You can even categorize each transaction and add notes. All of this makes the whole process of tracking your finances quick and painless.

4. You Can Get Help From A QuickBooks ProAdvisor

While the QuickBooks app is easy enough for anyone to use, you might want an extra hand when it comes to things like filing taxes or other advanced accounting matters.

Fortunately, the app offers the perfect solution by allowing you to choose a QuickBooks Online ProAdvisor. This allows certified accountants to help you with all your financial matters remotely via the app. They can even help train your staff.

Conclusion

QuickBooks is perfect for staying on top of your business finances. It can track your finances instantly, allow you to make detailed reports at the click of a button, and take the hassle out of important tasks such as bookkeeping and filing taxes.

The app even allows you to get instant remote help from experienced accountants. If you need help with setting up QuickBooks for your business or need a QuickBooks Online ProAdvisor, contact C. Campbell Agency today.