Top Skills for 2019: Bookkeeping with QuickBooks
Whether you’re looking to do bookkeeping for a small business or simply to keep better records of your own finances, QuickBooks is a software that can help you achieve your goals. It has more than 5.6 million customers worldwide. Beyond that, it’s the top rated accounting software for small businesses so knowing how to use it makes it one of the top skills to have in 2019.
QuickBooks skills will help you become more organized and improve your efficiency in tracking finances when you learn to use it correctly. A deep understanding of the software will open up new opportunities and give you a better way to secure your financial future.
Why do small business owners love QuickBooks?
QuickBooks accounting software makes it easy to perform bookkeeping and bank reconciliations.
You can also calculate sales tax, track expenses, manage and pay bills, scan receipts, create reports, create and process invoices, and develop estimates and quotes.
Essentially, QuickBooks lets small business owners take control of their finances. This is ideal if their business isn’t large enough to hire an accountant or bookkeeper.
Why are bookkeeping skills important in 2019?
Bookkeeping skills are applicable in all industries and can even be used to help you with your personal finances. It provides you with a way to accurately view your current financial situation, make forecasts, and track all money coming in as well as going out. And beyond that, 98 percent of users agree that bookkeeping with QuickBooks is a simpler way to do business.
Bookkeeping skills are relevant in any industry.
Regardless of industry, all businesses can benefit from becoming more organized in their finances, staying on top of invoices, paying bills on time, and efficiently tracking expenses. You’ll find businesses in construction and trades, education, healthcare, IT, manufacturing, professional services, and many more using QuickBooks to manage their finances.
QuickBooks knowledge can improve your organization skills.
Getting more organized in your finances will help you more effectively manage your business and may even improve profitability. You’ll be able to track and categorize all of your expenses and accounts receivable. QuickBooks give you the ability to invoice clients and even send reminders to submit payment. You’ll be able to see bank accounts, income, sales, expenses, profit and loss comparisons.
QuickBooks skills could help you land a job as a bookkeeper.
According to the Bureau of Labor Statistics, entry-level bookkeepers make nearly $40,000 per year. Often, they can do so without a college degree, just bookkeeping skills. Because QuickBooks is the top rated accounting software for small businesses, you likely know a company that already uses it. Moreover, companies are looking for someone who can hit the ground running. If you’re a QuickBooks expert, you can walk into any small business and immediately organize their finances. Sounds great for career longevity, doesn’t it?
QuickBooks can help you grow a business.
QuickBooks can be used to design a business plan. This is important for long terms moves, like securing small business loans or lines of credit. Further, you’re going to need to create projected balance sheets, profit and loss statements, and cash flow statements. And you have to do this in precise formats recommended by the United States Small Business Administration. QuickBooks helps a company grow by handling all of these tasks. Companies with less than $1 million in revenue use the software just as easily as a $25 million company.
What can you do with bookkeeping skills?
Developing bookkeeping skills, will provide you with the knowledge and confidence you need to land a job as a professional bookkeeper or to potentially work in the accounting department of a mid-sized company. One of the most difficult things for most entrepreneurs is managing their business’s finances. QuickBooks solves this problem and provides the ability to better manage your own small business.
If you’re ready to gain one of the top skills to have in 2019, there are several great online QuickBooks training options from introductory through more advanced courses. The QuickBooks skills you gain will be relevant in any industry as you move throughout your career.
In addition, they can even help you better manage your personal finances. QuickBooks will make you more organized, more efficient, and more productive. That’s what we call a win-win-win!
Learn More: QuickBooks Training
