Why It's Important to Have QuickBooks Set Up Properly for Your Company

If you're considering using QuickBooks for your company's bookkeeping needs, you're not alone. In 2015, the estimated number of small business users of the software package topped 29 million, and it's only grown from there. Controlling an estimated 80% of the market share, QuickBooks' easy user interface is one of the best available. But even though it can be easy to manage on a daily basis, setting it up can be a completely different matter.

Here's why:

Have you ever worked with a computer wizard or other easy set-up option? If you have, you've probably had at least one experience where your results were nothing like what you were expecting or working towards. Now imagine what those kinds of unintended results could have when turned loose in your business' accounting system. Even small mistakes can lead to serious consequences if left as they are.

Though QuickBooks can be relatively easy to set up, if you're not familiar with how the system works, it's very easy to make mistakes during the process. Even if the mistakes can seem relatively harmless, they can have serious and long-lasting effects on your company. They may miscalculate your reports, potentially leading to serious consequences during a tax audit or result in overpaying fines or taxes because of incorrect figures.

This is just one of the reasons why it's important to get professional assistance in setting up your QuickBooks system. Because accounting professionals deal with QuickBooks on a regular basis, they have a better overview of exactly how the entire process works. This means they also have a better idea of what every step of the process will have on the final setup of the program. Hiring a professional to look over your new or existing QuickBooks system helps ensure your business is well accounted for.

By having your business' QuickBooks system set up by an accounting professional, you can ensure that it will give you the best possible performance. Reports and accounts will work properly for your company, ensuring accuracy in your books that will help ensure it will hold up well to scrutiny from outside agencies. If you're ready to have QuickBooks set up for your business by an accounting professional at AccountRely, please feel free to contact us today.