How Can I Do QuickBooks Integration With QuickBooks POS?

06 Feb 2021

QuickBooks is one of the popularly known bestselling financial software used by businesses both small and big. It covers a range of features from sales management and order processing to inventory control and payroll. This software always takes care of all aspect of accounting and bookkeeping for a business and helps to keep track of its day to day expenses and revenue. Choosing the right software for QuickBooks integration with QuickBooks POS is especially important for inventory control. This includes accounts payable, accounts receivables, vendor databases, time tracking, and client databases.

POS System Compatible with QuickBooks

 

QuickBooks is a revolutionary program with one big flaw; it does not allow for native importing of other systems data. Most accounting firms and businesses have no idea that they can bring in anything into QuickBooks with a little help from a custom-programming firm. QuickBooks integration, companies can increase their productivity and run more efficiently by eliminating all redundant data entry.

QuickBooks integration with QuickBooks POS saves a lot of time, and you can run your business smoothly and efficiently. Here are some steps why to integrate QuickBooks with QuickBooks POS.

Benefits of Integrating QuickBooks POS to an Account Management software

  • Data is Entered Only Once

QuickBooks integration means that the data has entered only once. Once the data is entered into the timekeeping of company or order entry system, there is no need to do anything more. The information is also entered into QuickBooks in real-time, meaning fewer working hours and more efficiency.

  • Enhanced Cash Flow

QuickBooks integration allows for faster workflow from entry to the billing stage, allowing the business to bill faster and increase cash flow.

  • Fewer Errors

There are fewer data entry errors when QuickBooks integration is utilized, as there is less human data entry needed. Human beings make mistakes, and the ability to eliminate redundant data entry will decrease these errors.

Numerous Benefits to Accounting Firms 

  • Emotional Capital

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By facilitating QuickBooks integration for customers, accounting firms will be viewed as difficulty solvers by their customers.

Being seen as an advisor that can help with broad areas of the business will lead to more referrals and more overall work for each firm.

  • Files Will Be Received Earlier

Accounting firms will find out that their clients will hand over their QuickBooks files earlier, and will allow the firms to handle the busy tax seasons with ease.

  • Fewer Errors

​​​​​​​Because the information is automatically updated, accounting firms will find fewer errors in their client's QuickBooks files. This reduces the errors and time spent correcting information that allows the accounting firm to work faster and more profitably.

  • Higher Rate Accounting Work

The customers will be spending less money on the accounting firms, bookkeeping services, which recommend QuickBooks integration and will see that these clients now have the larger budgets for higher rate accounting work.

Methods of QuickBooks Integration

There are two main methods that are used to facilitate QuickBooks integration. These are: 

  1. Batch imports 
  2. Backend integration  

With batch imports, the business owner can create an export file, view the contents, and then import it into QuickBooks.  

With backend integration, the two systems directly talk to each other, meaning that all are completed in real-time. 

Good examples of businesses that can benefit from QuickBooks integration are accounting firms and staffing agencies that utilize time tracking systems to pay their employees. Online stores that sell products online must record the accounting and large construction companies' sales data that use complex work order systems.

A credible custom programming firm can be utilized for QuickBooks integration into most web applications or desktop applications. This integration enables small and medium-sized businesses to grow by reducing working hours, increasing efficiency, and improving company productivity.

Hope So! This blog helps you in QuickBooks Integration with QuickBooks POS. If still, you need any assistance, feel free to reach the technical experts. Our specialists are highly skilled and will assist you in proper steps.