From the team at myOmny, this eGuide discusses how using a mobile point-of-sale with QuickBooks integration can save you the time and resources often spent on bookkeeping, allowing for better small business growth.
5 Ways Automating Sales Transactions to QuickBooks Can Save You Time & Money
1.
2. e-Guide
Even a .99 cent sale, or the movement of a single inventory item, at the end of the day,
has an impact on accounting.
Every transaction comes with some accounting work that needs to be done — and for
busy entrepreneurs, even a single additional task can take you away from growing your
business.
So what’s the solution to this potential headache?
Merchantsknowthateverytransaction—whether
sellingaproductorpurchasingsupplies—ultimately
impactstheirbottomline.
It’s actually pretty simple: Ensure that your
transactions are automated with your
QuickBooks. Automatically uploading new
transactional data to your ledger saves you
from the inconvenience of manual entry.
Here are five ways this POS integration with
back office software will save you time and
money:
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Here is a daunting statistic: The average small business owner spends ten hours each
week doing manual data entry. Automating the input of sales transactions into
QuickBooks will save you time and money.
Ask yourself: What would you do with an additional ten hours each week?
AutomationAllowsYouToSpendYourTime
GrowingYourBusiness
You could grow your business, make
new sales, go to networking events, and
maybe — just maybe — you could take a
little time off to recharge your batteries!
Automation saves time, and lots of it —
for most merchants, that’s reason
enough to make the jump.
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You could develop your team. You could focus on marketing. You could get more
face time with customers.
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When you’re spending ten, fifteen, or twenty hours each week on manual data entry, it’s only
natural that you might find yourself getting a little careless from time to time, especially
when you are doing things that take you away from running your business. Mistakes
happen, and they are especially common in the midst of something as tedious as data entry.
AutomationEliminatesTheErrorsThatCome
FromManualEntry
2
Human error, typing mistakes, simple oversights — these
things are not surprising, but are incredibly expensive to
identify, solve, and correct. Accounting mistakes can
adversely impact your bottom line, and correcting them
not only requires a monetary investment, but an
investment of your valuable time.
When the transactions at your business are automatically
recorded to QuickBooks — not by human hands, but by
software — it helps to eliminate the risk of mistakes.
Automation via software lends itself to accuracy and
precision — which, for business owners, translates into
improved efficiency and peace of mind.
5. e-Guide
Automation can provide you with up-to-the-minute data about your company, which in
turn, enables you to make timely decisions.
Because your QuickBooks data is updated with every transaction, you can always look to
your accounting ledger to get a full and current picture of your company’s financial health
— including cash flow, cash on hand, margins, available inventory, and more. You can rest
easy knowing that the financial snapshot you’re seeing is real-time — not pending hours of
additional data entry.
Automation 3
Automating with QuickBooks can help
with decision making because employees
can quickly access current inventory
figures. As a result, customers are more
likely to receive fast, accurate answers to
their product-related questions — and
happy customers are more likely to be
returning customers.
Find out more ways automating your sales entries to
QuickBooks can save your business time and money
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