Why Use QuickBooks Over Other Software?
Question: My accountant wants me to start using QuickBooks Premier instead of industry software. Why?
Answer: As described in another blog, QuickBooks Premier works very well for our industry, but your accountant may or may not know that. Likely, your accountant knows how to work within QuickBooks since it is the No. 1 accounting software for small to medium sized businesses. Having your accountant familiar with your software means it is easier for him or her to spot errors or even possible fraud within your company. Making things easier could also translate into lower accounting fees.
Finally, familiarity with software also leads to greater transparency. If you should ever want to sell your business or apply for a loan, having books that are more readily understood adds greater value--perhaps to your overall company worth.
QuickBooks Premier and Enterprise can be modified to better serve ad specialty distributors. Harriet Gatter is a QuickBooks ProAdvisor, a former accounting professor and a former ad specialty distributor. She advises ad specialty distributors to use QuickBooks Premier and Enterprise, often in conjunction with other industry-specific software, to manage the complexities of the ad specialty business, with the results being time saved, errors eliminated and an overall accurate accounting of your business. Contact her at email@example.com
Please email accounting questions you would like considered for the column to firstname.lastname@example.org with the subject line of “Ask the Accountant”