Why You Should Use Quickbooks in Your Photography Business
I’m a big fan of Quickbooks Online. There’s a learning curve, but once you figure it out and know specific pitfalls to look out for, it’s a great tool for your business!
Here’s why Quickbooks is so great for Photographers:
Save hours of time on bookkeeping
Quickbooks automates data entry and eliminates chasing down details. This means less time for you spent on books. You’ll connect any business bank or credit card accounts to Quickbooks, and the bank transactions will be automatically imported and ready for you to categorize. You can also set up bank rules, email your receipts, and use other time saving features.
2. Eliminate your mess
Clients have described their books as a “messy closet” that gets hidden and the hope is that nothing will tumble out. Quickbooks is a place to sort out the messy closet and organize everything financially related to your business. This means less mess and stress for you. You don’t have to worry about missing a tax deduction or making sure your records are accurate.
3. Learn from your numbers.
You can certainly keep your financial records in a spreadsheet or a different software, but Quickbooks makes it really easy to analyze your numbers and learn form them. They have very robust reporting features, which means you can look at things like:
trends from one year to another
which products/services are most profitable
possible areas to cut expenses
and so much more.