QuickBook Tool Hub
QuickBooks offers a variety of services that can be broadly categorized into two main areas: core accounting functionalities and additional features: Core Accounting Services: Income and Expense Tracking: Record sales, purchases, and other financial transactions. Invoicing and Bill Pay: Create and send invoices to customers, manage and pay bills from vendors. Bank Reconciliation: Match your bank statements with your QuickBooks records for accurate financial reporting. General Ledger: Maintain a complete record of your company's financial activity. Financial Reporting: Generate reports like profit and loss statements, balance sheets, and cash flow statements to understand your business performance. Accounts Payable & Receivable Management: Track money owed to you and by you, ensuring timely payments. Inventory Management (in some versions): Keep track of your stock levels, manage purchase orders, and optimize inventory control (available in specific versions). Payroll Processing (add-on service): Manage employee payroll, including salaries, taxes, and deductions (available as an additional subscription).