Video: The Benefits of Using QuickBooks

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Video Transcript

Title Slide: The Benefits of using Quickbooks | with Luella Schmidt and Jen Hildahl

Luella Schmidt: The benefits of using QuickBooks are – this is where I’ll get all geeky and excited about this because the software industry around Quickbooks in the last 5 years has really exploded.

Jen Hildahl: The benefits of using QuickBooks is that is really the mainstream small business accounting software. So there are a lot of add-on tools that have come to the market since it is such a popular software system.

Luella Schmidt: This used to be, you know, this simple little accounting package. It’s become so popular that it’s sort of like the iPhone with all the apps. Everyone is developing really cool add-on tools. All of them, most of them, web-based.

Jen Hildahl: So, really, you’re not boxed in when you use accounting as a small business. If your business starts to grow and you need some other tools, there’s so may add-ons that QuickBooks can now kind of grow with you through all these add-ons.

Luella Schmidt: So, as a company grows, it used to be you’d go from a certain point and you’d go from Quickbooks, which is like 200 or 300 dollars, and you’d have to jump to whatever the next level is, which would often be at least $10,000. And instead, you can grow a lot longer with it.

Jen Hildahl: There’s inventory tools (add-on tools), CRM add-ons, billing add-ons, pipeline sales add-ons.

Luella Schmidt: You can add-on robust inventory packages, ERP systems, you can add-on CRM systems, you can add-on electronic expense recording software, to make it a lot easier on your employees if they can very quickly and easily file their expense reports using an online tool instead of having to track all that paper. That’s what’s really exciting about it, is that it lasts a lot longer and saves the companies money over time.

Music: Jolly Good Time from JewelBeat.com

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