Skip to main content

Quickbooks Support Readies Latest Product to Lessen Impact of Covid-19

 Quickbooks is the most popular online accounting program introduced by Intuit, a U.K based company. It is being used by thousands of small and medium sized businesses for bookkeeping and overall financial management. Quickbooks support has now decided to add new innovative features to its product as part of its summer release to help its customers in recovering from the negative impacts of Covid-19. 

The most important of these features are as follows.

  • An improved planner for cash flow 
  • Integration of PayPal into the program
  • A payroll feature to calculate the wages of employees on prolonged leave
  • New improved features for small and medium sized businesses in the fields of construction and accounting.

It is a known fact that over half of all small businesses fail within the first year of their launch. This is a figure before the arrival of corona virus pandemic. One can easily assume how many more businesses are going to fail because of negative impacts of Corona this year. This is the reason Intuit came up with these innovations to help businesses recover well and reduce chances of failing because of corona virus. 

Cash flow problems are the number one reason behind collapse of businesses in the first year of their operations. One can only imagine the worsening cash flow situation for business owners in a post Covid world. To help these customers, Quickbooks support services have made available their updated cash flow planner to all the customers. Earlier, this planner was available to only those customers using iOS based operating systems. This improved planner is backed by open banking and AI and thus capable of giving insights into cash flow situation in real time to the business owner. It means they can take better decisions in time to take their businesses on the path to recovery.

The cash flow planner has been made so strong that it can accurately predict cash flow situation 3 months from now. It can also tell the business owner likely impacts on the business with decrease in the number of workers and also that of customers. 

With most businesses allowing prolonged leave of absence to their employees, owners find it difficult to calculate their salaries. The new feature of payroll that easily calculates the actual wages to be paid to each employee based upon his salary before Covid-19 has solved the headache of business owners. This feature has allowed business owners to deal with furloughed employees without any delays. This feature also makes it easy for the company to accept employees reporting to work after a long shutdown and their return to normal payrolls seamlessly. 

Late payments from customers are another major reason why new businesses fail in the first year of operation. The new feature of integration of PayPal into the software by Quickbooks enterprise support allows customers to make payments using their credit and debit cards or through PayPal. This integration means the problem of late payments has been solved to a great extent by Intuit. 

Comments

Post a Comment

Popular posts from this blog

How to Login Paramount Plus?

  How to login Paramount Plus? We all are somewhere engaged with some work or another daily irrespective of the fact if we are the working person or the ones handling home chores. Coinb After having a tiring day, we expect some favorable changes that lighten up our headaches without even going out of our houses. Is this possible? Well, in the era of the internet, everything is possible with a single click only. Streaming platforms have become highly lovable not only among youngsters but have also grabbed the attention of adults. In other words, it has become a top pick among all age categories. If you have subscribed to an online OTT platform- Paramount+ and are wondering how to login Paramount Plus, then we are here to help you out. To get the answer walk through the complete read with us. A step-to-step guide for Paramount+ login Already signed up for the Paramount+? If you are already holding an account on Paramount+, and are looking for a straightforward guide to assist ...
Post a Comment
Read more

Windows 10 Users Continue to Experience Various Kinds of Bsod Errors

 The dreaded blue screen of death is a problem faced by many Windows based computer owners. The   BSOD error   came into prominence with Windows 7 with users complaining a blue screen with an error message before their system automatically shuts down. Microsoft initially ignored the problem thinking it was a temporary error caused by faulty drivers downloaded by the customers. It was much later that Microsoft accepted this difficulty experienced by its customers and introduced security updates that solved the   blue screen Windows 7  error messages. By the time Microsoft launched Windows 10 operating system, the instances of the dreaded  BSOD Windows 10  had significantly reduced. However, these instances have started to increase in recent times ever since the company introduced two updates to its Windows 10 operating system. Fans of Windows operating system hoping better luck with the dreadful blue screen of death are now finding that their issues hav...
Post a Comment
Read more

Microsoft Concedes Blue Screen of Death Windows 10

 Blue screen of death, simply called BSOD, is a problem faced by a large number of Windows computer users. This shutdown of the computer accompanied by a blue screen with an error message was very common with the older Windows 7 operating system. Microsoft promised no BSOD problem for the customers when launching Windows 10 a few years down the line.  Blue screen Windows 7  indeed became much less frequent with Windows 10. Last month, Microsoft introduced a new update to Windows 10 operating system. Barely two weeks after the introduction of this version called 20H2 the company issued a warning to the users. In fact, there were not one but two warnings from Microsoft recommending users to revert to the older version of Windows 10 if they continued to experience   BSOD error   or asked to reboot after signing in. This move by the company seems to be a result of a flurry of complaints lodged by the customers about the infamous  Windows blue screen of death ...
Post a Comment
Read more