If you’re considering a career in accounting, you likely know that a lot of your day-to-day work will involve using spreadsheets. Since you’ll need to be well-versed in Excel as an accounting professional, you may be excited to find out that there are tools available that are designed to streamline your workflow and even automate your more repetitive tasks.
Accounting software has come a long way, making it much simpler to meet client needs and offer more informed tailored financial advice. Keep reading to explore some key features that make QuickBooks a necessary addition to any accounting bookkeeper’s toolkit.
Keep Clients in the Know With Comprehensive Cash Flow Reports
Determining the financial status of a business before accounting software often requires a lot of time juggling multiple spreadsheets. When accounts are connected to QuickBooks, you’ll have access to cash flow reports that immediately give you a clear picture of a business’s financial health. In addition, QuickBooks offers tailored cash flow pointers and allows you to allocate funds securely and conveniently. This will come in handy throughout your accounting career as you’ll get to spend less time trying to obtain information and more time strategizing for clients and advising them on how they can effectively reach their financial goals. Have real-time balance updates and financial forecasts at your fingertips after accounting administrative training to spend your time on what matters most.
Use Expense Tracking Software to Stay Ready for Tax Time
One of the main reasons tax season is especially stressful for businesses is that they must keep track of and collect their receipts to claim their expenses and reduce their tax liability. The QuickBooks platform encourages users to upload information throughout the year so that, come tax season, all important documents are in the right place and don’t require accountants to go digging into old financial records. The expense tracking tool allows users to connect bank accounts, turn paper receipts into files with scanning technology, and categorize them so that they’re easy to find and ready to be used when tax time rolls around. Organizational skills are a must for anyone considering an accounting administrative diploma program, and now, QuickBooks provides extra support in this area.
Keep Data Secure After Accounting Administrative Training
As an accounting administration assistant using accounting software, you will want to be certain that your client’s data is safe and secure. QuickBooks uses both dedicated staff and automated tools to monitor data security 24/7, and their data centers are guarded around the clock by security professionals. There’s no need to worry about malware or scams with this platform.
Powerful tools like QuickBooks, coupled with the expertise you’ll gain in accounting administrative training, will prepare you to take on professional bookkeeping duties, such as managing confidential financial information, processing financial reports, and understanding accounting and statistical data.