Quickbooks – what version is right for you?

Outsource bookkeeping for your business in rochester ny or buffalo ny.

Quickbooks for Mac

• A desktop version of quickbooks that’s perfect for freelancers and artists on a mac. You can use on-line banking print check, and do all your invoicing and expense tracking. Once your business grows you can export the file and begin using inSource Bookkeeping’s Quickbooks in the cloud for outsource bookkeeping.

Quickbooks Pro

• Quickly view invoices, billing, and other important tasks in a new calendar format
• Export your QuickBooks data to Excel & save your formatting for future reports
• Set up Memorized Transactions for recurring invoices, estimates, & billing

Quickbooks Premier

• track inventory
• pay employees
• job costing
• time tracking
• process credit cards
• great for general business, contractors, retail and non profits

This version is a desktop application that runs on one computer. So, if you hire a bookkeeper they will need to come to you or you’d pass a file back and forth to your outsource bookkeeper.

Quickbooks Enterprise Solutions

• Multi-Location Inventory
• FIFO costing
• Serial or Lot Tracking
• Work Orders & Scheduling
• Billing & Mobile Payments
• Merchant Service for QuickBooks
• Check Solution for QuickBooks
• Enhanced Payroll
• Assisted Payroll 

Quickbooks Online

inSource Bookkeeping doesn’t recommend the use of this product, it costs a lot over time and we can offer a cloud solution where you have access to Quickbooks Accountant version from anywhere and has all of the features below and more. But, if you are interested in knowing about it then read the following about Quickbooks on-line version.

• online simple start
• sole proprietors, simple invoicing and expense tracking
• online essentials
• multi user, automated online banking, bill payments and estimates
• online plus
• multi user, inventory tracking, time tracking and 1099 reporting, purchase orders, budgeting
• online essentials with payroll
• multi user, inventory tracking, time tracking, 1099’s and payroll
• online plus with payroll
• multi user, inventory tracking, time tracking and 1099 reporting, purchase orders, budgeting, payroll

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A good Bookkeeper’s Characteristics

Outsource bookkeeping for your business in rochester ny or buffalo ny.

Detail oriented

Attention to detail is a must! Imagine having a person who doesn’t read the fine print or always looks for shortcuts.

Must Love Numbers

Working with numbers requires that you have a clear understanding of math, and that you are not intimidated by its concepts. Math is such an exact science. There are no maybes in summing up totals or calculating balances.

Analytical

They must be able to understand what to look for and how it impacts the entire picture. The ability to create what-if scenarios will also come into play.

Time Management

A good Bookkeeper knows how to organize their time for optimum results.

A Love of Technology

Without a doubt, this proves to be one of the most important characteristics. Everything today is automated, and it doesn’t make sense to partner with someone who is not technologically inclined. Software is used in all aspects of business today.

 

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Questions to ask when hiring an outsource bookkeeper

Outsource bookkeeping for your business in rochester ny or buffalo ny.

In searching for the right Bookkeeper for your business, the answers given should be clear, precise, and these answers should reveal the truth of what they have to offer. Let’s take a closer look at the most important questions to ask.

• What services do you provide? inSource Bookkeeping provides basic bookkeeping all the way up to full comptroller.
• What industries do you have experience in? If we haven’t had experience in your field of work then we will conduct a detailed interview with you to make sure there’s a depth of understanding.
• What Software or applications are used? inSource  bookkeeping uses Quickbooks primarily, but one of our partners will also use Peachtree Accounting as well.
• Who will be working on my company files? Know who your primary servicer will be and that they are being supervised by a degreed accountant or CPA.
• What is your method of delivery and turnaround? inSource  bookkeeping uses Quickbooks in the cloud so both you and the bookkeeper can work on the file with no overlap.
• What is your review process? We make sure the entries made by the outsource bookkeeper are accurate with regular reviews of your file.
• Do you work closely with CPAs? Yes, inSource  knows several CPAs and will work closely with your CPA if you already have one.
• Do you have any guarantees? Yes, inSource  will guarantee the work performed by our bookkeepers. We are degreed Accountants in Rochester NY and will always right any wrongs at no charge.
• What security systems do you have in place? inSource  uses cloud computing that is house in a very secure data center, your files will have 2 passwords to get into them.

Your journey to finding the right Bookkeeper is not as difficult as it may seem. With good preparation and a little patience, you can be on your way to making the best choice for your needs.

 

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Stop panicking and get your finances under control!

Outsource bookkeeping for your business in rochester ny or buffalo ny.

The state of our economy hasn’t improved as fast as the experts originally thought. Hundred of businesses have gone belly up because of a poor cash flow or banks not lending as readily as they once did. So, are you making the right strides to make sure you aren’t the next casualty of this bad economy? Here are some steps you can take to make sure your business is sound finacially.

Bookkeeping for your business:

In order to run a business and know what, where, and when to take corrective actions requires business information. How do you get and where do you find this information? Hopefully you’ve been using a computerized accounting system to manage your finances. You don’t chances are you won’t find the information you need if you don’t keep accurate and current records about your business financial transactions through Bookkeeping.

What is Accounting and Bookkeeping?

Accounting is the art of analyzing, recording, summarizing, reporting, reviewing, and interpreting financial information. Bookkeeping is the process of recording and classifying business or personal financial transactions. We all need to do this every year before we file our taxes. But wouldn’t it be handy to make better business decisions to ride out the recession if you knew at the touch of a button where you stood financially. That’s the key to running a great business and making the right decisions when it counts the most.

Without these processes your business will most likely fail. The number one reasons for businesses to fail is bad finances. Using a bookkeeper who is supervised by a degreed accountant will give you the information you need to know whether this is a good time to invest in new equipment, when to hire a new employee, when you should lay-off an employee and so much more!

 

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