3 Tips for Using QuickBooks For Your Small Business


When you’re running your own small business, it can be a full-time job just making sure the administrative side is going how it should be. Especially when you’re not using adequate or intuitive software to keep track of everything, running the backend of your business can take more time and effort that you might have available. One way to make this aspect of small business ownership easier is to use the management software QuickBooks.QuickBooks For Your Small Business

While you’ve probably heard of this system before, it may take you awhile to get the hang of it out of the gate. To help you get through the learning curve as quickly as possible so you can get back to running your company, here are three tips for using QuickBooks for your small business.

 Get The Setup Right

 Without a proper foundation, you could have a hard time using the QuickBooks software and achieving tasks that otherwise would have been simple to accomplish. For this reason, Kathy Burns-Millyard, a contributor to Chron Small Business, recommends taking your time when going through the initial setup process of your QuickBooks account. Use the configuration wizard to set the opening parameters as closely to your business as possible to ensure you have access to all the features you’ll need and won’t have to deal with features you won’t use. If you forget something during this process, you can go back and customize your options later on, but it’s best to get all your bases thoroughly covered from the beginning.

 Take Advantage of The Cloud

 As a small business owner, you likely don’t have the money or space for digital infrastructure that many larger or more established businesses have. And while this may have been a problem in the past, with the advent of the Cloud and cloud-based storage, this problem is now almost non-existent. According to Tom Taulli, a contributor to Forbes.com, many small businesses now don’t even have to worry about backing up their files on an IT server because they’re automatically backed up on the Cloud through QuickBooks. Not only will this save you money on storage, but it will also allow you to access your information anywhere you have an Internet connection.

 Be Conscientious About Passwords

 Because QuickBooks will house so much of your sensitive business information, Liz Alton, a contributor to Kabbage.com, suggests being very careful about your passwords and changing them often to ensure the safety of your information. If someone is able to hack into your account, they can have access to scores of vital resources for your business, so always use strong passwords and set up a system where you plan to change your password regularly to keep prying eyes out of this area of your company.

If you’re contemplating using QuickBooks for your business, use the tips mentioned above to take the most advantage of this software.When you’re running your own small business, it can be a full-time job just making sure the administrative side is going how it should be. Especially when you’re not using adequate or intuitive software to keep track of everything, running the backend of your business can take more time and effort that you might have available. One way to make this aspect of small business ownership easier is to use the management software QuickBooks.

While you’ve probably heard of this system before, it may take you awhile to get the hang of it out of the gate. To help you get through the learning curve as quickly as possible so you can get back to running your company, here are three tips for using QuickBooks for your small business.

 Get The Setup Right

 Without a proper foundation, you could have a hard time using the QuickBooks software and achieving tasks that otherwise would have been simple to accomplish. For this reason, Kathy Burns-Millyard, a contributor to Chron Small Business, recommends taking your time when going through the initial setup process of your QuickBooks account. Use the configuration wizard to set the opening parameters as closely to your business as possible to ensure you have access to all the features you’ll need and won’t have to deal with features you won’t use. If you forget something during this process, you can go back and customize your options later on, but it’s best to get all your bases thoroughly covered from the beginning.

 Take Advantage of The Cloud

 As a small business owner, you likely don’t have the money or space for digital infrastructure that many larger or more established businesses have. And while this may have been a problem in the past, with the advent of the Cloud and cloud-based storage, this problem is now almost non-existent. According to Tom Taulli, a contributor to Forbes.com, many small businesses now don’t even have to worry about backing up their files on an IT server because they’re automatically backed up on the Cloud through QuickBooks. Not only will this save you money on storage, but it will also allow you to access your information anywhere you have an Internet connection.

 Be Conscientious About Passwords

Because QuickBooks will house so much of your sensitive business information, Liz Alton, a contributor to Kabbage.com, suggests being very careful about your passwords and changing them often to ensure the safety of your information. If someone is able to hack into your account, they can have access to scores of vital resources for your business, so always use strong passwords and set up a system where you plan to change your password regularly to keep prying eyes out of this area of your company.

If you’re contemplating using QuickBooks for your business, use the tips mentioned above to take the most advantage of this software.