QuickBooks Online has long been one of the most powerful tools that a business can use to keep their financial records in order. It is filled with features that allow you to handle accounts payable, accounts receivable, and bank reconciliations - it can even be used to help with tax planning and preparation. However, many would argue that the biggest selling point that QuickBooks Online has to offer is its ability to successfully integrate with other products.
One application that the QuickBooks Online integration accounting experts here at Fusion CPA love to use is Harvest. That's because it helps to answer some of the most important questions that small business owners have. How much money did you spend on that big project? How much revenue did the project bring in? What are your company's employees doing each day? Questions which would once have required a CFO advisory firm or consultant to look into can be answered in a jiffy with Harvest.
Harvest accomplishes all of this by effectively tracking and measuring your team's time. It is capable of taking the raw data that outlines your team's daily activities and creating visually striking graphs and charts that give you a real insight into what happens in your office on a day-to-day basis. With this information in hand, it then becomes much easier to make hiring decisions and plan for the future.
You will also be able to use Harvest's graphing tools to learn more about the success or failure of the projects that your company operates. You can see the number of hours you have spent on the project, the amount it has cost, the amount you still need to invoice, and a whole host of other key information. You can even break your analyses down by the department or by the employee - something which you would have previously needed to hire a CFO advisory firm to work on for you.
Of course, the main reason why our QuickBooks Online integration accounting team is so fond of using Harvest is that it makes billing a breeze. Using the data that you already have on file in the Harvest system, you can create professional looking invoices that account for every hour worked, send them to your customers, and get paid quickly online. Knowing that you will be paid for your work in a timely manner is great for your company's bottom line and makes it much easier to handle your tax planning and preparation work throughout the year.
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