Comprehensive payroll management
All payroll information is centralised and available at your fingertips in the Payroll Centre. From here you can perform all payroll tasks, drill down to previous payroll transactions, enter time for all employees in a single window, create and schedule payments, email pay slips to your employees, store employee existing and past superfund details and even split their pays into multiple bank accounts.
Quickbooks helps you comply with the Federal Government’s Paid Parental Leave Scheme.
Click here to view a short demonstration of this feature.
The inbuilt security safeguards and information messages allow users to edit or void past payroll payments without the need to recalculate entire pay cheques while the Detailed and Streamlined Payroll Summary Reports helps make end of period reporting and analysis effortless.
QuickBooks Pro integrated payroll will save you time and money by avoiding duplicate data entry and will help you avoid hassles associated with incorrect payroll withholding.
Comprehensive employee record management
Record detailed employee information such as leave, wages, promotions and contact details using the Employee Organiser Wizard, as well as produce sophisticated summaries of your employees’ details and history. By storing your important employee information in one easy-to-access location you can better manage your employees and improve business efficiency.
Multi-User Enabled*
QuickBooks Pro increases efficiency by allowing multiple users to work on a company file at the same time. Smart security features can restrict access to confidential financial information, so you can control your data. *One licence included, additional licences required for multi-users.
Multicurrency
With QuickBooks Pro you can record, track and account for foreign transactions regardless of the currency used. Tracking these foreign-currency transactions is as easy as selecting the foreign customer or supplier from your list; QuickBooks Pro takes care of everything else. With multicurrency, you can also set up a fixed foreign price for items, or enter prices in your home currency and then have QuickBooks Pro calculate the foreign price based on the current exchange rate. The home currency refers to the currency that is used in the country in which your business is located.
Real-time BAS lodgement
Easily prepare and lodge your BAS with Reckon GovConnect, SBRTM enabled software. It helps to pre-fill your e-form with data direct from the ATO and provides you with real-time feedback and lodgement confirmation, so you will instantly know that BAS has been successfully submitted and the refund entitlement or money owed. Find out more about Reckon GovConnect at www.quicken.com.au/sbr
Automatically track inventory items in different units of measure
You may buy the same item in one unit of measure, stock it in another, and sell it in yet another. QuickBooks can automate the conversion from one unit of measure to another as the item moves through your business, helping you avoid costly mistakes. That means you can buy and sell products in precisely the way your suppliers and customers prefer.
Monitor and analyse key projects
Job cost tracking is an extremely important part of a business. Job costing means tracking the expenses for a job and then comparing those expenses to the job’s revenue. This shows you which jobs are making money and which are not.
Job costing can also help you estimate more accurately. Estimating may be the most important - and most difficult - part of running a business. But unless you compare your estimated costs to your actual costs after the work is complete, you have no way to know if you are estimating too high or low, and no way of improving your ability to estimate in the future. The QuickBooks job cost reports make it easy for you to compare your estimated costs to actual costs.
Monitor business performance
Quickly view your business performance using the company snapshot tool. Customisable fields and graphs allow you to design a ‘snapshot’ that presents the most significant information that impacts your business decisions – with the ability to drill down into transaction, customer or supplier details. Click here to view a short demonstration of this feature.
More than 100 reports and graphs can be generated within the Reports Centre to help you keep a close eye on your business. With just one click you can also drill down into reports to find detailed financial information. You can even convert the report into a PDF file for email, so the recipient views the report just as you see it in QuickBooks.
Manage your business more effectively QuickBooks is much more efficient than spreadsheets, word-processing or paper ledgers. Quickly and easily manage basic tasks like printing cheques, paying bills, generating reports, invoicing customers and tracking expenses. You’ll spend less time and money on bookkeeping and paperwork – and have more time to work on other important areas of your business.
Increased efficiency with advanced tools
Save your business undue costs by utilising QuickBooks email functionality. Invoices, statements, estimates, purchase orders, sales orders, sales receipts, adjustment notes, and reports can all arrive on your suppliers or customers desktop within minutes. There is no need to separately track your contact lists - you can easily synchronise your contact information with Microsoft® Outlook.
Superannuation compliance
QuickBooks integrates seamlessly with Reckon Tools SuperLink that links to a comprehensive list of Australia’s superannuation funds; providing you an easier way of managing your Super Choice compliance and superannuation payments.
*Reckon Tools SuperLink is an additional product that can be purchased separately. Click here for more information.
An ‘always on’ Audit Trail
The ‘always on’ Audit Trail makes it easier for your accountant to spot possible trouble spots or mispostings in your accounts.
Work more efficiently with your accountant or bookkeeper
The Accountant’s copy of your company data file allows you to work more collaboratively with your accountant, with a dividing date that clearly delineates which periods are for your accountant to work in, and which are for you. QuickBooks also allows you to perform a bank reconciliation – even if your Accountant is working on your file.
Industry specific Chart of Accounts
QuickBooks also includes 21 industry specific Chart of Accounts, so only accounts relevant to your business are included.
QuickBooks home page
All key tasks and functions are available within a few clicks of the home page with the Customer, Supplier, Employee and Report Centres. You can also customise how information is displayed in each of these centres. Plus control access to your confidential account balances with the QuickBooks’ Hide/Show preference. Simply switch your Account Balance previews to “off” to help ensure only you have access to your business’ confidential account balances.
Batch printing and emailing of forms
Batch printing or emailing your business forms can increase your business efficiency – you can set a Preferred Send Method (email or print) for all forms you send to specific customers, suppliers and employees.
Reckon Tools
This powerful portfolio of integrated financial solutions expands the capabilities of your accounting software with online data-backup, credit card payment systems, streamlined cash flow and superannuation compliance solutions.
More information on Reckon Tools