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

What Makes Norton 360 Premium an Excellent Antivirus

 Norton is a company that commands a lot of respect from the consumers for the efficacy of its antivirus products. It has been around for a very long time but today, its products offer much more than just protection against online threats. Norton 360 Premium is the latest offering from the company that is packed with powerful features to bring total peace of mind to the consumers.  Norton antivirus support  from the company makes it a very potent internet security suite.  Actually Norton 360 is available in Standard, Deluxe, and Premium versions on annual subscription basis. Prices of these programs are $69, $79, and $99 per annum. Number of features and extras go on increasing from Standard to Premium. For example, customer gets 10GB of cloud storage with Standard, 50 GB with Deluxe, and 250 GB with Premium version. Of course, he gets all the features available with the other two versions like password manager, firewall, and a Norton guarantee against any kind of infection. Norton 360
Post a Comment
Read more

An insight into the ways to fix LG TV Not Connecting to WiFi

 A problem remains a problem until you learn about the ways to settle it. Once, you learn how to tackle the errors, it’s no more a problem for you. Surviving in a world with advancements in technology, one must know the measures to deal with the possible issues. Nowadays, TVs are connected to WiFi to experience uninterrupted entertainment. But this too carries some problems associated with it. Today, we will be discussing one common connecting issue relating to the LG TV.  LG TVs are well known for their high-quality picture but there are some common complaints made by users relating to them. One such highly recorded complaint made by the user is the “LG TV not connecting to WiFi”. It has been recorded that sometimes users face difficulty in connecting their TV with a WiFi connection.  So, in this read, we will look at the causes that lead to the emergence of this issue and after then we will dive in to find out the ways to settle the issue on our own. So, are you ready to learn th
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   error message. These custome
Post a Comment
Read more