Quickbooks is a powerful accounting software that helps small and medium-sized businesses manage their finances. However, Quickbooks alone may not be enough to handle all the accounting needs of your business. You may also use other apps and software to run different aspects of your business, such as e-commerce, inventory, Read more…
Stock management, also known as inventory management or stock control, is the process of ensuring that you have the right amount of products in stock for your customers. Stock management is crucial for store chains, as it affects their profitability, cash flow, customer satisfaction, and operational efficiency. There are many Read more…
Businesses that use Accounting software are currently faced with a choice between maintaining dollar based subscription-Software options or Naira Based Accounting solutions. The former is currently carries a hefty price tag, because they are denominated in dollars, which now is a significant burden given the exchange rate volatility. On Read more…
Creating an Effective Accounting System for Retailers Introduction To run a successful retail business you will requires an effective accounting system. An strong accounting system ensures accurate record-keeping, streamlined processes, prompt and informed decision-making. Let’s explore some key components of such a system. 1. Inventory Control Track inventory: Monitor stock Read more…
Multi-Location Based Inventory and Accounting System allow a customer to understand her inventory needs and and also support her to make wise decisions on how to manage her inventory. The big challenge in today’s business environment and a Common problem faced with Inventory management such as Ordering quantities, safety stock, Read more…
Reconciling your bank statement at the end of the month is a task every business owner must carry out if they truly want to understand the state of their cash flow in QuickBooks. But a major challenge is when you have several banks with a large volume of transactions available for manual review before reconciliations, how do you intend to carry this out?
This review highlights a financial solution that will help imports bank statement into your QuickBooks financial software.
Though we are still expanding the application to accommodate all bank extension but for now, you can only import bank transaction statement using GTB format. What this means is that any time you want to import a bank statement that is not from GTB, you need to re-format your excel column to correspond with the standard format built into the application.
Have you been in a situation where you wished you could easily import all your banking transactions at a go into QuickBooks without combing through each transaction in order to save time and channel your effort to what’s more productive? QuickBooks has made it applications easier for anyone to connect to Read more…
One of the biggest challenges facing travel agents in Nigeria is how they can easily track their daily airline ticket sales to customers – both domestic and international flight bookings. At times, there could be issues on how to handle flight tickets that were cancelled, voided and refunded which is also Read more…