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QuickBooks® Professional Advisor

Our firm is a member of the QuickBooks® Professional Advisors Program and has been supporting QuickBooks® since 2005. As a QuickBooks® Professional Advisor, we will meet with new or current users of QuickBooks® and provide a free assessment of their accounting system needs and a demonstration of the QuickBooks® Accounting Software. 
After the assessment/demonstration, we will provide the client with a written proposal for services including the price of the software, installation, setup, training, and support.

QuickBooks® Features:

  • Inventory tracking
  • Track inventory reorder point by vendor
  • Tracks expenses by customer/job
  • Track profitability by product
  • Customizable forms
  • Audit trail function
  • Cash flow forecasting
  • Budgeting
  • Track your balance sheet by class
  • Create job estimates and track change orders
  • Bill clients progressively by job phase
  • Payroll Complete
  • Sales Tax & GST
  • Multi-Currency support

QuickBooks® Accounting Software is the most user-friendly and economical accounting system on the market today. This software is useful for small & medium businesses. You do the majority of your bookkeeping as you write checks and record receipts on a daily basis. With QuickBooks® you know if you’re making or losing money instantly. There’s no need to understand accounting jargon like debits, credits, or postings. Leave that to us!

We understand your internal and external reporting needs. Whether you’re seeking quarterly or annual tax reports, interim financial statements for the bank, or a listing of bills to be paid, we can take your QuickBooks® data and make any necessary adjustments to prepare the reports you need. If you prefer to produce your reports in-house, we can make sure QuickBooks® is set up to produce the information you desire.


Some FAQs about QuickBooks®:

Will QuickBooks® do payroll for me: Yes. Once you set up your pay categories, deductions and employee information, payroll is as simple as entering the hours worked. QuickBooks® calculates the deductions, prints the paychecks, and summarizes your payroll information automatically. There are various payroll reports which you can run to determine payroll tax liabilities and QuickBooks® will even print your different employee types payroll i.e. (piece-rate basis, daily wages, hourly, Weekly, Forth nightly, Monthly Salary). It also covers their leave record.

Will QuickBooks® keep my checkbook up-to-date:  Yes. Provided you enter your transactions on a daily basis, your bank balances will automatically be updated after each transaction. QuickBooks® also has a reconciliation feature that saves time compared to reconciling your bank statement manually each month.

How long would it take to get QuickBooks® up and running for my business:
  Depending on the size of your business and how quickly you can gather the information to get your company set up, on average it would take 2 to 4 weeks to set up your company information, e.g. chart of accounts, payroll information, customized invoicing and beginning balances. Training normally takes 6 to 8 hours, usually in 3 to 4-hour blocks.

I am already using QuickBooks®. What can ISO-Xpert do for me:
  We can review your chart of accounts and transaction history to see that QuickBooks® has been set up properly for tax purposes and according to Financial Accounting Standards, if necessary. We can also help you customize forms and reports to best suit your needs or train you about software features you may not be using because you don’t quite understand them yet.

Do I still need my accountant:
 Of course we’re not going to say no, but we do hope QuickBooks® will help you manage your company more efficiently. We will always be here to assist you with any accounting, payroll, or tax services you desire, but we see our role changing from "number crunchier" to business consultant. One of our goals is to help you achieve your goals as a business. Customizing QuickBooks® to fit your needs is an excellent way to do that.

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