Cloud accounting and hospitality businesses
The majority of hospitality businesses understand the need to have an online presence for their business but few have moved their accounts function online.
Quickbooks Online is a cloud based accounting software package which adapts to your business. Through the bank feed function you can process and reconcile your bank accounts quickly saving precious time. It is also possible to save time inputting income streams by exporting data out of front of house systems or EPOS systems and importing into Quickbooks Online.
You can access Quickbooks online anywhere with internet access and on many types of devices including P.C’s, laptops, tablets, ipads, andriod phones & iphones.
The ease, in which data can be updated, means business owners become more in control of their finances, which in turn helps them make informed decisions in a timely manner. The reports are simple to run, easy to customise and professional looking. It can be used for one site or multiple sites and the reports can be split by sites or even by income streams. This allows you to see how much profit each area of the business is making
The company snap shot report gives an excellent overview of the performance to date and compared to last year. An example of the report is shown below.