Financial Management

QuickFuel's seamless integration to QuickBooks gives you a truly complete system.

• QuickBAS for easy BAS generation and online lodgement

•  Accountants review allowing you to give your information to the accountant while you continue to trade with the system. Saving you on accounting fees and double entering.

• Live P&L, Balance Sheet and many other financial reports such as Cash Flow analysis and forecast reports

• DaySheet for summary of days activities in one automatically printed report at the end of day capturing important sales trends and high fraud exception reporting

• Employee Management gives you easy-to-use tools and the latest tax tables you need to help manage and maintain control of your payroll. Fully integrated with QuickBooks, it saves you time and money by avoiding duplicate data entry and helping to avoid hassles associated with incorrect payroll withholding.

• QuickFuel integration to QuickBooks is loaded with tools to help you manage and make decisions about your business. Tools help you compare alternatives, analyse your financial position, and set policies. You can have QuickBooks remind you when it's time to pay bills, print forms such as invoices and purchase orders, print cheques, deposit money in the bank, enter memorised transactions, act on overdue invoices, or act on your personal To Do notes.

• Integrated payroll improvements allows you to maintain better control of your payroll with new payroll functionality:

  • Pay wages into multiple bank accounts 
  • More leave types.
  • Payroll deductions can now be paid through Online Banking.
  • Multiple same day pays.
  • Flexibility in setting up of wage type payroll items.
  • Positions numbers and employee status against employees.
  • Half monthly pay period.
  • Online Banking file can now be previewed before sending to bank.
  • Leave limit warning.
  • Ability to include any type of leave in the Leave Liability Report.
  • More options available in deductions and employer contributions.
  • Email functionality of Payslips, Payment Summaries and Employee Super Notifications.
  • General user interface improvements.
  • Account for wages paid from your site safe

  

  

   

• Payment Services through QuickBooks now allows you to process credit card transactions directly through QuickBooks in a secure environment.
  
  Currently in Australia, Day Sales Outstanding data indicates that the some industries are paying bills up to 22 days late. This equates to an average DSO of 45-50 days. With the implementation of payment services, users can now provide a genuine alternative to credit terms for their customers, potentially decreasing their DSO.

  

  * Payment services provided by VeriSign Australia. Customers will need to have an Internet merchant account from one of the four major banks, Diners or American Express to access payment services. Charges apply

• Set user permissions to restrict access to your confidential and sensitive financial information. This feature is especially useful if your business has multiple users of QuickBooks, and you want to restrict access by user to parts of your financial data. QuickBooks allows you to password-protect your closing date. You can easily see any changes made before the password-protected closing date in a convenient report. The report shows you who (using the password) has made what changes.

• Save time and costs by emailing invoices, statements, estimates, purchase orders, sales orders, sales receipts, adjustment notes, and reports. No need to manage two separate contact lists - now you can easily synchronize your contact information with Microsoft^® Outlook. Track your time and employee time right in QuickBooks, with job costing to see where you're making or losing money ideal for workshops. QuickBooks tracks job costs automatically as you write job-related cheques and track employee time.

• Electronic bank statement download where you can now download your bank statements directly into QuickBooks, with easy to use functionality. Match bank statement transactions to QuickBooks transactions in a straight-forward and easy process. You can also easily add transactions that exist on the bank statement but not in QuickBooks.
  
  The following banks already support this feature, and the list just keeps growing! Click on a bank to download a demonstration of how they can integrate with QuickBooks:

• ANZ
• Commonwealth Bank
• National Australia Bank
• St George

• Westpac

* Check with your financial institution to see if they support this feature.

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