Sunday 18 April 2021

How to Migrate from Wave to QuickBooks

 

Different accounting and payment-related features missing in Wave often promote QuickBooks as an alternative. QuickBooks, on the other hand, offers a variety of features to cater to the accounting needs of all types and sizes of businesses. With features such as full-service payroll and easy bill payment, QuickBooks is equipped with bill payment capability that Wave lacks. If you have been using Wave previously and recently shifted to QuickBooks, you can preserve all your data and import it into QuickBooks. QuickBooks Desktop solution allows you to do it with the utmost ease.

Wave-to-QuickBooks-1 (1)

What Are the Advantages of Migrating from Wave to QuickBooks?

  • Wave doesn’t have much to offer to mid and large-sized businesses, while QuickBooks addresses the needs of all small, mid, and large-sized businesses effectively. QuickBooks can help you with strong accounting features and connected QuickBooks services.

  • QuickBooks offers excellent reporting capability, enabling you to get a high-level view of your data with just a few clicks. You can import your data from Wave and use QuickBooks reporting tools to get a clear picture of the business.

  • Wave to QuickBooks migration can provide you multiple budgeting tools that Wave lacks.

  • The latest versions of QuickBooks Desktop have receipt processing and warehouse management features enabled, whereas Wave inventory features leave a lot to be desired. Migrating from Wave to QuickBooks can allow you to scan your receipts send them to expense entries using the QuickBooks Desktop inventory tracking and receipt management app. The app also helps you track your inventory more efficiently.

  • While migrating from Wave, you can import lists such as customers, vendors, chart of accounts, products, services, and more. You can also import invoices, credit notes, sales receipts, and bills to keep your data integrated for efficient reporting and analytics.

MAC Can Simplify Wave to QuickBooks Migration

The challenges to import your files while preserving their content start with bringing the files to the physical computer where QuickBooks is installed. Moreover, Intuit doesn’t currently offer an app or assisted technical support for migrating from Wave to QuickBooks. MAC is Certified Quickbooks and helps you access your software remotely on systems where your CSV or Excel files are stored, enabling you to import your data into QuickBooks swiftly.

Contact us here for Wave to QuickBooks Migration.

Tuesday 13 April 2021

Top Reasons Your Small Business Needs a Bookkeeper

 
Top Reasons Your Small Business Needs a Bookkeeper

Are you behind on your books? Losing track of your expenses? Do you need someone who can help you file your taxes and stay compliant? 

A small business bookkeeper or bookkeeping service can support you with everything from simple bookkeeping to offering more in-depth tax filing services and business consulting. A skilled bookkeeper will save you time and money, set you up with systems that will simplify running a small business, keep you tax compliant and ready, and ensure you are always in-the-know when it comes to your financials.

SAVE TIME

SAVE TIME

Whether you’re filing your taxes or just doing simple data entry, it is incredibly easy to make mistakes when you aren’t a professional bookkeeper and these mistakes can cost you a lot of time. When it comes time to speak with a lender, make a big decision, prepare your taxes, or just wrap up your monthly reconciliation you might end up having to undo an entire month’s worth of data entry – or likely even more due to one little mistake. 

SAVE MONEY

SAVE MONEY

Small business bookkeepers and bookkeeping services can save small businesses money in many different ways. Since one simple slip-up in bookkeeping can have a huge ripple effect and cost you a massive amount of time as you try to fix your problems – you know you’ll be saving money by trusting a professional with your books from the start. 

PAYROLL

PAYROLL

A small business bookkeeper can save you time and money by managing your business’s payroll – and many choose to use QuickBooks payroll services such as QuickBooks. With QuickBooks, you can schedule payroll to run automatically each pay period, and even reimburse employees for out-of-pocket expenses at the same time.

FINANCIAL REPORTS

FINANCIAL REPORTS

Small business owners who have access to up-to-date financial statements are more confident and quick in their decision-making. Every kind of decision, from what kind of inventory and equipment to invest in, to who to hire next, is made easier when you have a recent profit and loss statement and balance sheet in hand.

CONCLUSION

Hiring a small business bookkeeper or bookkeeping service like Myaccountsconsultant will keep your books organized and accurate so you always have easy access to the most up-to-date information on your company’s finances. It is invaluable to your business to have the administrative details taken care of, so you can focus on running your business and doing the parts that you do best – or even taking a day off!

Monday 12 April 2021

QuickBooks Online vs Enterprise : Select best QuickBooks version


It can be confusing to decide which version of QuickBooks Online vs enterprise. Today we'll take a look at QuickBooks Enterprise vs. QuickBooks Online - two of Intuit's most popular products. We'll dive into what features you can expect from each piece of software, the differences between them, and how to make your ultimate decision!

QuickBooks-Online-vs-enterprise-Which-is-Best-QuickBooks-Version-for-your-Business

QuickBooks Enterprise

QuickBooks Enterprise is, in market opinion, the most powerful accounting and bookkeeping software on the market at its price point. It has been on the market since 2002 and has added features and functionality every year since. It can handle a large volume of data, and has advanced reporting options that give users more flexibility.

QuickBooks Online

QuickBooks Online is a cloud-based accounting software optimized for small to medium businesses. As a user, you will access QuickBooks Online through your browser by going to a website where you log on to do business. It is available for up to 5 users at a monthly or annual cost, you can choose plan as per your business reqirement.


How to determine the best solution for your business?

To determine the best QuickBooks version for your business, you need to ask yourself a few questions:


1. What are your current bookkeeping/accounting needs?

2. Do you anticipate significant business growth in the near future?

3. Which software offers features to complement these needs? Compare the features offered by the three products and weigh them against the prices. Is there a feature that you cannot do without?


If you still confuse about the choosing best QuickBooks version for your business, then MAC can help you as certified QuickBooks Pro Advisor and can suggest your best QuickBooks version as per your business and need of your business. QuickBooks Bookkeeping Services help you in manage your financial solution with QuickBooks.


Read More: https://www.myaccountsconsultant.com/quickbooks-online-vs-enterprise-which-is-best-quickbooks-version-for-your-business/

QuickBooks Online vs QuickBooks Enterprise: Which is Best Version for your Business?

 

QuickBooks-Online-vs-enterprise-Which-is-Best-QuickBooks-Version-for-your-Business

It can be confusing to decide which version of QuickBooks Online vs enterprise. Today we'll take a look at QuickBooks Enterprise vs. QuickBooks Online - two of Intuit's most popular products. We'll dive into what features you can expect from each piece of software, the differences between them, and how to make your ultimate decision!

QuickBooks Enterprise

QuickBooks Enterprise is, in market opinion, the most powerful accounting and bookkeeping software on the market at its price point. It has been on the market since 2002 and has added features and functionality every year since. It can handle a large volume of data, and has advanced reporting options that give users more flexibility.

QuickBooks Enterprise is a desktop-based product. This means you download and install the product and can host it locally on your own servers. Many businesses, particularly those who deal with personally identifiable information (PII) prefer this extra layer of security.

QuickBooks Enterprise does sync with the cloud, but is accessed from your computer’s desktop and is available offline or behind a firewall. The product also available for up to 30 users, so is a good choice for a larger business where more employees need access to the accounting system.


QuickBooks Online

QuickBooks Online is a cloud-based accounting software optimized for small to medium businesses. As a user, you will access QuickBooks Online through your browser by going to a website where you log on to do business. It is available for up to 5 users at a monthly or annual cost, you can choose plan as per your business requirement.

Because QuickBooks Online is a SaaS product, that means you have access anywhere, any time, including on your phone and browswe. You don’t need to install any software, and updates are automatic with no need to download a package.

QuickBooks Online can be a great option for small businesses and companies with only a few employees. It has many of the same features as Enterprise at a fairly low, monthly cost.


How to determine the best solution for your business?

To determine the best QuickBooks version for your business, you need to ask yourself a few questions:


1. What are your current bookkeeping/accounting needs?

2. Do you anticipate significant business growth in the near future?

3. Which software offers features to complement these needs? Compare the features offered by the three products and weigh them against the prices. Is there a feature that you cannot do without?


Once you find the definitive answers to these questions, then it will be easy to decide whether QuickBooks Enterprise, QuickBooks Online, or QuickBooks Pro is right for your business.


If you still confuse about the choosing best QuickBooks version for your business, then MAC can help you as certified QuickBooks Pro Advisor and can suggest your best QuickBooks version as per your business and need of your business. QuickBooks Bookkeeping Services help you in manage your financial solution with QuickBooks.


Contact us here for the choosing best QuickBooks version for your business.

Wave vs QuickBooks : Which is the best accounting software for small Business ?


Have you researched about the best accounting software for your business but still aren’t sure which accounting software product is right for your business? To make things a bit easier, we’re taking a look at both Wave vs QuickBooks Online, providing you with a side-by-side comparison of the two software which is helping you to understand the best accounting software for your business.

Wave-vs-QuickBooks-Online-An-overview


Who is Wave for?

Who is QuickBooks for?


Main Differences Between Wave vs QuickBooks

The main differences between Wave vs QuickBooks are:

  • QuickBooks offers an Android and iOS app, whereas Wave just offers an iOS app

  • QuickBooks always includes a monthly bookkeeping charge, whereas Wave has a free basic pricing plan for accounting and makes money on transaction fees

  • QuickBooks offers inventory management features, whereas Wave does not have inventory tracking


Final Desion ? Wave or QuickBooks ?

Deciding between QuickBooks and Wave as your accounting Accounting software depends on your business size, type, industry, and the features that matter most to you. And what's your business paling because of as per your business planning your business requirement is change and when your business requirement is changes then your accounting software change or upgrade. Wave is fantastic for early-stage businesses and freelancers, while QuickBooks scales beautifully and most accountants love it.


MAC also offer Wave to Quickbooks Conversion solution which is help you in migrate your accounting data without falling any business stpep or without effect of current business financial data.

Read More: https://www.myaccountsconsultant.com/wave-vs-quickbooks-online-an-overview/

Wave vs. QuickBooks: Select Best for you

 

Wave-vs-QuickBooks-Online-An-overview

Have you researched about the best accounting software for your business but still aren’t sure which accounting software product is right for your business? To make things a bit easier, we’re taking a look at both Wave vs QuickBooks Online, providing you with a side-by-side comparison of the two software which is helping you to understand the best accounting software for your business.

Who is Wave for?

Designed for small businesses and sole proprietors, Wave makes it easy to keep track of your finances data. While the $0 price tag is particularly appealing to those just starting out, Wave offers solid accounting capability, and if you want to accept online payments, you’ll only have to pay the normal transaction fees you would pay using any other application.

For those who see themselves working solo for the foreseeable future, Wave offers all kinds of perks. However, if you envision your business growing and expanding, you may want to consider a product that can grow along with you.

Who is QuickBooks for?

Since its beginning, QuickBooks products have been designed with the small to medium business owner in mind, and QuickBooks is no different. QuickBooks works for small businesses, sole proprietors, and growing businesses, offering a single-user plan, but it can also scale up to a plan suitable for up to 25 users — perfect for growing businesses. QuickBooks is the fastest growing accounting software business solution provider who offer multiple accounting solution as per your business requirement and type.

Main Differences Between Wave vs QuickBooks

The main differences between Wave vs QuickBooks are:

  • QuickBooks offers an Android and iOS app, whereas Wave just offers an iOS app

  • QuickBooks always includes a monthly bookkeeping charge, whereas Wave has a free basic pricing plan for accounting and makes money on transaction fees

  • QuickBooks offers inventory management features, whereas Wave does not have inventory track in


Final Desion ? Wave or QuickBooks ?

Deciding between QuickBooks and Wave as your accounting Accounting software depends on your business size, type, industry, and the features that matter most to you. And what's your business paling because of as per your business planning your business requirement is change and when your business requirement is changes then your accounting software change or upgrade. Wave is fantastic for early-stage businesses and freelancers, while QuickBooks scales beautifully and most accountants love it.

However, one thing you need to make sure of regardless of your software choice is that it integrates with the rest of your tech stack.

MAC also offer Wave to Quickbooks Conversion solution which is help you in migrate your accounting data without falling any business stpep or without effect of current business financial data.

When you are choosing the right accounting software for your business, then its brainstorming process and before the reach out any conclusion about the right accounting software you need to ask to the expert who can help you in choosing the right accounting software for your business.

Contact us here for the choosing the best accounting software Wave vs QuickBooks and make your business next level enterprises.

Thursday 8 April 2021

Signs that you are Hiring Excellent Bookkeeping


When it comes to Bookkeeping Services, you need to make sure that you are using the one service that is excellent and that is offering a great Bookkeeping service.

Signs that you are Hiring Excellent Bookkeeping Services:

They come to you

The first sign that you are going to hire a QuickBooks bookkeeper is if she is coming to you and your business. Yes, there are some of the bookkeepers that you need to go to in order to get up to date about your business. However, this is normally a sign of not using the best service.


The service has the Right Amount of Experience

The longer the bookkeeper has been doing this service, the more experience they will have. Then, you will know that your business is in good hands. Something that you will not know when the bookkeeper service is still new.

They have good communication skills

Another thing that you need to look at is to make sure that you have hired a great bookkeeper as if they are communicating with you in a professional matter. It doesn’t matter if you have a problem with the service that they deliver, or if you have any inquiries about their service.


Their fees are reasonable


When it comes to bookkeepers, you need to know when one of these services are known as the best bookkeeping service in your area. These are some of the signs that you need to look for if you want to make sure that you have hired the best service for your business. There are many businesses that regret using bookkeeping services that aren’t recommended. The only way to make sure that they are recommended is if you know the signs of an excellent bookkeeper.

Read More: https://www.myaccountsconsultant.com/signs-of-an-excellent-bookkeeping-service/