QuickBooks, the business accounting program helps you manage different accounts related operations using one single platform. However, sometimes, not everything is available handy in the application and you need to install various add-ons to make your work easier. Add-ons can be integrated to make the application as per accounting needs of the business.
QuickBooks is developed considering fundamental requirements of small and mid-scale business organization so it becomes with basic functions. However, Intuit offers a number of add-ons to make the app more scalable. Since every business possess different needs, so the add-ons can be installed thereafter according to business accounting demands.
The main function of the Add-ons is to enhance the functionality of the application in areas such as inventory, expense tracking, accounts payable, accounts receivable, etc. Some of the best add-ons helps making QuickBooks accounting easier and efficient are enlisted in the upcoming section.
TSheets: Time Tracking
An employee scheduling software facilitates all the tasks that QuickBooks does not. It helps in scheduling tasks and keeping track of the time on hourly basis. The employees no more required to put sign-in and sign-out timings on paper timesheets. They can go digital and can use their smartphones to keep track of the overall hours.
Stop clipping the paper receipts to manually written expense reports. Not only it is time-consuming, but a hectic procedure as well. Expensify is an exclusive solution to solve these issues and improve efficiency. Your smartphone also plays a vital role in utilizing this add-on and click images of the paper receipts.
The expense information is converted into digitally coded records and submitted automatically as per organization’s policies. The data gets synchronized in real time with QuickBooks. Once the reports are approved, transactions can be made instantly to employee’s account.
A cloud based CRM available worldwide is quite simple to install and set-up. QuickBooks includes some basic operations associated with inventory management. Records can be created for items and can further be used in transactions.
This add-on is helpful for retail stores as it tracks the number of items available in stock and hence the owners knows when they need to reorder the product. SOS Inventory supports various operations related to shipping and payments. It allows creating sales order, track cost history , serial numbers provides information on details associated to particular product.
The add-on automates the most crucial accounting operations that includes accounts receivable and accounts payable. Bill.com facilitates automatic billing, payments as well as multi-level approvals. Bill can be delivered directly to Bill.com via email, scan or capturing image from smartphone as well as through fax.
The automation tool transfers all bills to digital records and then these records passes through specified approvers for approval. Once the bills are approved, payments are generated electronically or by paper check. Invoices are processed easily and payments can be made via secure gateways through credit cards, debit cards or PayPal.
The reason that makes it one of the best Add-ons is its mobile version. It help users managing the bills and invoices while being anywhere.
Though QuickBooks is the most preferred accounting application used worldwide, when available as a hosted platform, delivers multiple benefits. With hosted QuickBooks, you will get add-on integration automatically as a complementary feature and updates on every new release is available instantly.