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Published by: Kane Williamson (16) on Wed, Jul 22, 2020  |  Word Count: 402  |  Comments ( 0)  l  Rating
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What is QuickBooks Online?

QuickBooks is a bookkeeping system that is widely used in the U.S. by companies of all sizes, from relatively large corporations to small businesses and sole proprietors. The system is easy to use and can be used by people with no special knowledge of bookkeeping or accounting, and it is the most popular system among our customers, allowing them to share information in real time, even from their headquarters or branches in Japan.

Depending on which edition you purchase, you can also add additional features to the QuickBooks Online functionality as an afterthought, for example, customer operations, purchasing, inventory, employee relations, banking and reporting.

Customer Operations
You can follow the flow from quotation to order, invoice and payment. Each function can be skipped. Each voucher issued can be attached to an email and sent to a customer. There is also a small customer management feature that allows you to keep a memo box for each customer, where you can write down any information related to the customer, call or email history, and also a log of each customer. Interesting features include the ability to classify each customer into different levels and set discount rates.

Purchasing
The system progresses from issuing purchase orders, to warehouse management, to entering and issuing invoices, to payment.
As with customer service, each function can be omitted. Each voucher issued can be attached to an email and sent to the customer. There is also a function for payments made with the company's credit or debit card. When there is a flow related to inventory, such as orders and sales, the inventory is tracked and managed within this system. So when you receive an order, you will know how much inventory you currently have and how many orders you have placed so far. It is also possible to register products manufactured from inventory, for example, to track the sequence of events, such as stocking stock 1 and stock 2, making product 3 and shipping it. This is a sufficient feature for a typical small business to use.


He is the president of Synagic Group, a California-based company that provides back office solutions for businesses. Privately, he is involved in NGO activities, including a program to develop adult entrepreneurs at universities. He lives in Beverly Hills, California with his family.


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