Your accounts are the reality of your business. Your goals and ideas and your future are as strong as that bottom-line figure that presents itself every month and projects out over the course of the coming years. The way you choose to manage your accounts likely has as much to do with peace of mind as it does with your taxation and business responsibilities. You want to be able to trust that bottom-line is accurate and that you have control over the way it grows. If you’re not comfortable with your accounting software, then chances are you’re not sleeping well at night.
That’s why you need to be able to keep the tools you trust even if the rest of your business is in need of an upgrade. A shiny new digital point of sale system, for example, with its multimedia, one-touch displays, and all-in-one platform shouldn’t come at the expense of your beloved Quickbooks software.
If you need to keep your accounts as they are, then the best point of sale system for Quickbooks is one that lets you maintain your trusted work habits within an exciting new environment.
Why We Trust Quickbooks
Quickbooks has been with us in one form or another—Quicken, for example—since its parent company, Intuit, was founded out in Silicon Valley in the 1980s. Back then it was a collection of floppy disks you fed into your computer one at a time with the ultimate reward of an easy-to-master layout that became a small business favorite. It was accessible and reliable, and it gave the self-operator a way to confidently negotiate a working success with their accountant, the IRS, and the wider business world.
Quickbooks remains one of the more popular DIY accounting programs for small businesses today, and the reason for that appeal hasn’t changed. The program is still one of the most intuitive and forgiving programs available, and its list of features has grown over the decades to cover everything from the stables of self-regulation through to niche products that can be used to fill out a core service, such as invoicing.
The biggest change is that Quickbooks is now a member of the cloud club, and available as a subscription service at the rate of less than $20 a month for the essential tools. That cloud-optimized version means you can access Quickbooks from any digital device and integrate it with your broader business systems.
Integration Means Having it All
The best point of sale system for Quickbooks is a digital platform that is able to pivot between the inventory and sales flows of your business. The interface and features you’re already familiar with—or keep hearing about—should remain intact, but now sit within a broader suite of services. You continue to create and print invoices, manage your payroll, and administer all your credit card and bank payments, but you also get to access the advantages of a digital point of sale system.
That means the same cloud-based platform you access through your phone or work PC to get into Quickbooks also puts you in touch with your inventory management, staff management, and customer database tools.
Better, still, when you properly integrate Quickbooks with a POS system, you can use all that accounting data to optimize your business’ best practices.
Quickbooks and Data Science
A comprehensive POS system can turn the purchase orders, sales figures, and seasonal trends that make up your business into valuable insights into how your business operates.
Full integration means every point of data can be seen in a wider context. For example, you can track sales in real-time and measure how they perform against recent marketing campaigns, discounted pricing, bundled sales promotions, or the arrival of new stock.
This kind of data science gives you far more information than your accounting bottom-line ever will. Instead of just letting you know sales were up 5% this month, they can also tell you why—that new loyalty card proved popular, for example, or a staff member picked up their performance.
These insights give you more than just peace of mind, they give you a commercial advantage. Quickbooks may be your small business weapon of choice, but it is not the only accounting program that can be integrated into a state-of-the-art POS system.
A Couple of Quickbooks Alternatives
There are several solid accounting software products available as stand-alone or cloud-based programs should you get curious about life beyond Quickbooks. We’ve heard positive reviews for both Xero and Sage as comprehensive and completely POS system-compatible options. Each has its pros and cons, but they are both easy to use and can expand your DIY resources into invoicing, double-entry accounting, and automated services.
For the budget-conscious, there are also dozens of free, open-source accounting software programs available online. These programs don’t have the support networks of the commercial releases so they’re going to suit more confident business operators, but they offer many of the same functions as the paid product for an unbeatable price.
Choice can be a valuable business tool, so make sure you’re at least aware of the costs and offerings of Quickbooks’ competitors before you lock yourself in to anything long-term.
Choose the Best Point of Sale System for Quickbooks
Your accounts are the heart rate monitor of your business. They are one of the few points of business reality you can comfort yourself with as you grow into your business. You’ll never be as confident in business as when you have a trusted accounting platform in place to accurately monitor the flow of products, people, and revenue through your doors.
If Quickbooks gives you that peace of mind—and for many it still does as Intuit enters its fifth decade—then find a modern, digital point of sale system that can integrate all its best features into an overall all-in-one business solution.
It’ll help you sleep better at night.
Finding the best point of sale system for Quickbooks doesn’t have to be a burden. Partnering with talech for your business’ needs means gaining an innovative POS solution that gives you the tools and data you need to succeed. Reach out to us today to sign up for a demo and to learn more about how talech can be your valued POS partner.