Accounting Automation

Utilize Technology to increase accuracy and streamline the business processes; reduce costs and errors.

As Quick Books Professional Advisors we help Automate your accounting process by utilizing technology to streamline and enhance various financial processes. This technology automates repetitive and time-consuming tasks that were traditionally performed manually, reducing the potential for human error and yields accuracy to be used in Profitability Analysis.

Some of the automations utilized are as follows:

1) Bank feed setup for bank accounts and credit cards. This eliminates the manual data entry of transactions. Through the establishment of rules, each transaction is coded to the appropriate category which allows for further Profitability analysis.

2) Payroll by departments or business segment is set up by creating and mapping the payroll downloads from the third-party payroll companies such as ADP, Paychex and any others. Payroll must be included in each profit center to understand the business.

3) Expenditure cycle automation is composed of :

  • Eliminating manual check writing and utilizing QB to print checks.
  • Utilizing bank bill pay and then reconcile the bank account with bank feeds.
  • Third party bill paying companies such as Bill.Com that eliminate data entry and allow for multiple approvers prior to bill payment.

4) Revenue cycle automation is as follows:

  • Customer invoices to be e-mailed
  • Recurring Invoices
  • Recurring credit card payments
  • Overdue payment reminders

Overall, automated accounting improves efficiency, accuracy, and transparency in financial operations, ultimately leading to more reliable and timely financial information for decision-making.

Resources - Click Below for More Info:

  • Payroll companies like ADP, Paychex , Gasto, 123 payroll……
  • Bill paying companies like Bill.com, Melio …..
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