QuickBooks Online Advanced can be transformed into a productive business solution for more vertical industries with multiple revenue streams, including retail. To expand QBO Advanced functionality and reach, add Ability Financial Exchange (AFE), QuickBooks Point of Sale (POS), and cloud-based SaaS add-on software apps for time tracking, payroll, automation, and advanced reporting. This article covers […]
Independence is a key concept in accounting, especially in the assurance or auditing area of accounting. Assurance services are services where a licensed CPA reviews an organization’s financial statements and accounting records and provides an opinion about them. This opinion takes the form of a report that can be shared with third parties such as […]
A great way to start 2021 is to take a fresh look at your business finances. Many things changed in 2020, and if you are in the habit of spending on the same items year after year, it’s the perfect time to decide what is essential and what can go. There are only a few […]
A cashless business is one that processes all cash transactions electronically. There is no paper or coin money taken or handled. While no one society has become 100 percent cashless yet, most organizations are moving in that direction. A business can become cash-free by providing multiple electronic alternatives to payment. Credit cards are the most […]
Selecting and implementing an affordable sales, purchasing, inventory, and accounting system that works for retail, wholesale, and eCommerce businesses require guidance and project pre-planning. This article helps you accelerate the process of finding and implementing the right affordable ERP-like system for your growing small business or mid-sized company. QuickBooks Desktop (and QuickBooks Online) are accounting […]
Year-end is the perfect time to reflect on accomplishments achieved since January. It’s also an important time to put things into perspective as we turn the page and start a new year. What We Learned With so much change in 2020, the opportunities to learn have been abundant. Take a moment and contemplate the following: […]
Bob Dylan, the 2016 Nobel Prize in Literature winner, songwriter, and singer, wrote a song called The Times They are a-Changin’ (1964). In 2020, U.S. retail businesses began experiencing changing times. Which of these retail business changes are only relevant during the COVID-19 pandemic, and which changes will continue to define the retail industry’s future? […]
Importance of a scalable sync solution for QuickBooks Point of Sale: Ability Financial Exchange for QuickBooks Online
Retail point of sale scalability is an essential issue for brick-and-mortar retailers with store and online eCommerce operations. Scalable software systems let retail businesses efficiently handle their long-term strategic needs without losing traction as growth occurs. Scalability includes ways to drive omnichannel growth that extends to online sales (eCommerce).
Now, more than ever before, the act of listening is important. Not only is it important to listen to someone, but to effectively listen to them. Sure, we all know that in order to understand individuals, to connect with them and understand their wants and needs, we need to be alert, focused, and mindful. After […]
Sync QuickBooks Point of Sale with QuickBooks Online: How your retail business can benefit from the Ability AFE solution
The QuickBooks Point of Sale Desktop menu includes End of Day procedures for stores to close out, count cash drawers, run reports, and exchange information with QuickBooks Desktop. But QuickBooks POS lacks an always-on, real-time way to sync with QuickBooks Desktop. And QuickBooks Point of Sale doesn’t let retailers sync to QuickBooks Online (QBO).