Dear-and-Intuit

There are more than 30 add-ons and apps that connect with QuickBooks Online. Every week we will present one of these partner apps here on the blog and show how you can get more done with these extra features. 

Inventory. A dreaded word for many businesses. Stock on hand, stock adjustments, returns to suppliers, partial deliveries, volume discounts, margin calculations…. all four-letter words if your inventory is out of control.

But get your inventory right and it becomes a business advantage – you can make decisions on the fly, delight customers and drive your profitability.

Business owners with inventory, rejoice! Intuit QuickBooks Online and DEAR are here to make your life easier.

DEAR is a comprehensive inventory management system with product planning, cost and development, manufacturing, sales, shipping and payment features. Its intuitive interface simplifies day-to-day inventory operations and seamlessly syncs your all back-end transactions with QuickBooks Online.

DEAR Inventory even boasts advanced features normally found in much more expensive offerings. Looking for serial number/batch/lot number tracking, multi-level Bill Of Materials, “drop shipping”, or integration with multiple sales channels? This integration with QuickBooks Online is a fantastic solution for inventory-based businesses.

 

DEAR-Dashboard

Visit the DEAR inventory website for more info and check out our add-ons page for the full list of applications that integrate with QuickBooks Online.

If you have a question about DEAR Inventory’s integration with QuickBooks Online, don’t forget to let us know – simply comment here or connect with us via Facebook or Twitter!

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With more than 1.7 million users worldwide, QuickBooks Online is the global leader in cloud business management. Businesses around the world manage their finances, invoicing, bookkeeping and accounting with easy-to-use QuickBooks Online. Spend less time on accounting and more time building your business. Try QuickBooks today – now with FREE Payroll for up to 5 employees.

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TSheets

TSheets is the #1 most employee-requested time tracker and it’s now available for Intuit QuickBooks Online users!

For employers, getting your employees’ time on the books is money in the bank. And from the employee side, inputting timesheet data was a horrible experience in the pre-cloud accounting era – almost worth skipping the weekend to avoid it.

TSheets is great because it lets you input time from a computer, mobile phone or tablet with text, dial-in and even GPS-enabled apps for on-the-go employees. Once their time’s in, you can run payroll, billing and invoices against time tracked, and gain business insights with real-time job costing.

The integration works by seamlessly syncing customers, jobs, classes, service items, and employees from QuickBooks Online to TSheets. Then, once you’ve tracked time with TSheets, simply approve and sync it into QuickBooks with one click.

TSheets will only export timesheets data – no other data is imported into or modified in QuickBooks. Once it is synced, you can use your favourite QuickBooks tools to run payroll, calculate job costing, create invoices and more.

Want to give it a go? Sign up for TSheets time tracking and find out more here.

Don’t forget to check out our add-ons page for the full list of applications that integrate with QuickBooks Online.

Stay up to date

With more than 1.7 million users worldwide, QuickBooks Online is the global leader in cloud business management. Businesses around the world manage their finances, invoicing, bookkeeping and accounting with easy-to-use QuickBooks Online. Spend less time on accounting and more time building your business. Try QuickBooks today – now with FREE Payroll for up to 5 employees.

Follow us on FacebookTwitterLinkedInGoogle+ and YouTube to get new content and deals first.

AnnaTwitter

It’s summer time – the sun should be shining and life should be easy. Yet across the country thousands of parents are trying to balance their normal work schedule and free up time to spend with their children.

At Balanced we take a very different view to childcare in the summer holidays. Our attitude to sitting in an office is very different too.

Our bookkeeping practice was set up with both children and parents in mind.  89% of us have children in primary school, which means that we are on call not just during the summer holidays, but for the school run, and during sickness days.

How does it work?  Well, we are totally results driven. Everyone is in charge of their own schedule, providing the work is done to meet client satisfaction which in turn makes us feel happy. It truly is that simple. Working in the cloud gives us flexibility to work wherever and whenever we want to – meaning we don’t have to miss important days with our children, like their first sports day!  Isn’t that every working parent’s dream?

To be able to do this we use shared cloud storage. All of our emails are IMAP and we have as many clients as possible using QuickBooks Online.  We can all access the software via the cloud and handover accounts to other team members if we are away. The benefit for our clients is that they can download reports whenever they need them, rather than waiting for us to be in the office.  We can also do internal reviews of each other’s work.  In short the system allows us access to what we want, where we want and when we want.

Recently my daughter was at an hour long class 20 minutes away,  so there was no point in going back to work in-between.  I found a local coffee shop with Wi-Fi and was able to log into a customer’s accounts email and send paperwork to ReceiptBank. By the time I had got back to work, the information was ready to pop into QuickBooks Online, this is just one of many great reasons why I love to work in the cloud.

 

anna

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Anna Rowe left corporate life in 2007 and joined Balanced.  Balanced are passionate about providing small business owners with the information and knowledge that they need to manage their business.

You can find Anna at: www.balanceduk.co.uk, on Facebook and Twitter

Notebook
If you want to start a business then you need a plan. It is your blueprint. It says where you are now, and where you need to be in the future.

At QuickBooks we like to help entrepreneurs. That’s why we created this pocket guide about how to write a business plan.

Type “business plan” into your favourite search engine and you will find thousands of pages telling you how to write the perfect plan in great detail. Most will tell you about the traditional approach, beloved of business schools all over the world. It looks something like this:

  • Executive summary
  • Business Description
  • Products & services
  • Competitive Analysis
  • Market Strategies
  • Operations & Management
  • Finance Plan

This can be very overwhelming when all you want to do is get your business off the ground and gain some momentum. There will come a time when you need much more detail, but not on day one.

So we suggest a different approach, a lighter approach, which will give you the focus you need. It will fit on one piece of A4 paper.

The pocket size business plan

Ask yourself the following questions. Be honest. Answer with a paragraph for each. If anything, it will be good practice at brevity.

1. What core problem are you solving?

You are treating someone else’s pain, and your business is the medicine. What pain will you alleviate for your customers?

2. What will you sell?

This is your product or service. Does it have a name? Can you describe it in a sentence? Can you bullet point the main features and benefits?

3. Who will buy it?

Are they local, national, or all over the world. Age? Gender? Occupation? What are all the relevant tags that describe your potential customer?

4. How much will it cost?

How much do you charge per unit? Is there more than one version? Is there a clear reason for charging this much?

5. Where will it be sold?

Online? Retail? Wholesale? Over time you can add the names of specific outlets to this paragraph to remind yourself of what you have achieved so far.

6. How many can you sell?

Capacity is important. If it is a service then you have only so many man-hours available.

7. How will customers know?

This is a brief overview of how you intend to tell the market you exist. Customers won’t know you are there until you tell them. Later you will get into much more detail but for now, think where you customers are and how they should find out you exist.

8. How much do you want to sell?

Have you set yourself a target? If you haven’t, how will you measure your success?

9. Why are you different?

What is your unique selling point? Every entrepreneur should have one. It will be the reason you thought of doing this in the first place!

10. What could go wrong and what will you do about it?

This ahead. Is there a risk a competitor could do something once your cover is blown? What if sales disappoint and you run out of operating cash? What are your fallbacks?

Answer these questions. Make it as brief as possible. Then print it out, fold it up and put it in your pocket. Every now and again, when your mind is being pulled in ten different directions, take it out and read it.

It will help you focus.

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With more than 1.7 million users worldwide, QuickBooks Online is the global leader in cloud business management. Businesses around the world manage their finances, invoicing, bookkeeping and accounting with easy-to-use QuickBooks Online. Spend less time on accounting and more time building your business. Try QuickBooks today – now with FREE Payroll.

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Spreadsheets are a fixture in almost every business. While they’re invaluable for storing all sorts of information, we know – and many of the small businesses we speak to tell us – that they’re just not up to the task of managing an SME’s finances.

We wanted to explore in a little more detail just what is it about spreadsheets that winds us up, and how our spreadsheet problems are impacting the smooth running of our businesses.

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So, in July 2014, we commissioned research firm Opinion Matters to poll 200 small businesses to delve a little deeper into this love / hate relationship. The headline finding was that the majority of business owners questioned find spreadsheets annoying, yet despite this, more than half fail to resist using them to manage their business’ finances.

Spreadsheets are also contributing to wasted time. Half the respondents also admitted they waste anywhere between 30 minutes to as much as six hours a week dealing with spreadsheet issues such as understanding formulas, getting the numbers to add up and keeping version control; this equates to an average of one week a year.

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Unsurprisingly, just twenty three per cent admit to really enjoying the financial management side of the business, but more concerning is that over 50 per cent are frustrated that they do not have enough time for the important things, like spending time with the family and growing their business.

The broader issue is that keeping on top of finances is vital to the growth and success of a business. In a separate study, we found that 44 per cent of SMEs had either run out of cash or come very close within the first three years of trading – poor financial management is one of the common reasons businesses fail.

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The message is this. By ditching spreadsheets and using a cloud-based financial management system, SMEs can take the pain out of running your business.

In developing and evolving QuickBooks Online, we’ve worked extremely closely with SMEs to create a platform which allows them to collaborate and work more effectively with their accountants, while enabling them to focus on what matters and why they set up on their own in the first place.

Ultimately, this eliminates the love/hate relationship with spreadsheets and means they no longer have to be a necessary evil. You get insight into how your business is performing, and you get more time to spend on doing what you love.

It’s time to #EscapeTheCell

Rich Preece

Stay up to date

With more than 1.7 million users worldwide, QuickBooks Online is the global leader in cloud business management. Businesses around the world manage their finances, invoicing, bookkeeping and accounting with easy-to-use QuickBooks Online. Spend less time on accounting and more time building your business. Try QuickBooks today – now with FREE Payroll for up to 5 employees.

Follow us on FacebookTwitterLinkedInGoogle+ and YouTube to get new content and deals first.