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Why to Integrate QuickBooks to Your Point of Sale System?
Initiated in 1992, QuickBooks is a well-known personal finance and accounting program. But with advanced features and complex process, this platform is quite difficult for small businesses. Despite its complexity, QuickBooks is still the best accounting solution once learnt. It is so amazing that most businesses prefer POS software based completely on QuickBooks. So, it goes without saying that selecting a POS integrated with QuickBooks will save both money and time for your business.
Why Accounting Software?
Some POS systems often come with in-built, basic bookkeeping tools. But it is important to go with a premium solution which is well versed in accounting. For every business, keeping accurate tax information and account books is a must, especially when it expands.
Why Use QuickBooks?
QuickBooks comes with three different solutions to choose from – QuickBooks Pro, QuickBooks Online, and QuickBooks Mac. Despite being the best accounting solution, QuickBooks Mac doesn’t integrate with POS software directly. To use this QuickBooks version, you can import details manually. But you shouldn’t do it because Mac version lacks in best import/export functions.
How to Integrate POS with QuickBooks?
Now that we have discussed why should you use the specialized accounting platform. Next thing to discuss is how several software programs work together. There are two different ways accounting solutions and POS software can work.
Direct Integration – It is the best way to use both accounting software and POS system. With this option, two systems can work together and share information in real time. We should focus on this type of integration.
Indirect Integration – Many POS systems will let you to export financial information as spreadsheet. Then, you can manually enter the information in the database. It is a very tedious process. But you can at least sync up the data.
How Direct QuickBooks Integration Benefits Your Business?
Direct QuickBooks Integration can drastically raise the overall efficiency of your business. Entering the information takes too much time when it is done manually. So, it is better to use something that can automate the accounting process. QuickBooks integration plays a vital role to speed up the process in different ways.
There is a risk of human error when the task of transferring information is done manually. So, a direct integration can avoid the chances of error by doing the same work for you. An accounting program can facilitate your financial and organization health and it is a great source of reporting.
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