Archive for the ‘Accounting Software’ Category

How To Integrate Your Shopping Cart and Merchant Account to QuickBooks

Friday, August 13th, 2010

If you are running a website that includes an eCommerce solution with an online shopping cart, one of the major challenges you may face is transferring your online transaction data from your website eCommerce application to your office accounting software and vise versa. Manually getting this information from your website and re-keying it into your accounting software may not only be tedious but also time consuming. Same case if you need to transfer changes to your inventory and products from your accounting software to your online shopping carts. The good news is that you are not alone. Companies offering web hosting and domain registration services have to deal with such questions all the time even where they might not have the products or expertise to offer a solution. One of the world’s leading accounting applications, QuickBooks, has an interface that can integrate with your website’s shopping cart. The application can be installed and customized to feed into your eCommerce platform and thus allow for the automatic or triggered upload and download of product and transaction data.

Integrating your shopping cart and merchant account will require the full cooperation of your web hosting and sometimes domain registration service provider. There are two ways that you may use to integrate your shopping cart and merchant account to your QuickBooks application. If your eCommerce platform is already compatible to QuickBooks and already has the ability to directly integrate with the accounting software, then all you need to do is provide a few parameters within QuickBooks for it to link into your to your shopping cart. Your web hosting service and domain registration details will be some of the data you will require. On the other hand, if the shopping cart is not compatible with QuickBooks, you will need to either buy off the shelf or have someone develop an intermediary application to link your shopping cart to QuickBooks.

Features A Good Financial Accounting Software Should Have

Thursday, April 15th, 2010

c It helps you organize the complete financial activity of your business while automating the entire process in an easily manageable and affordable way. It makes the tasks much easier for you and enables you to have a full control over the accounting details and expenses of your company.

The most important features integrated with financial accounting software are as follows:

- Create new financial records for a company, and facilitate the addition or removal of any record within seconds.

- Provides you an easy management of company inventory system and automated billing system.

- Generate business reports like sales/purchase/order report, ledger report, company expenses report and other similar reports related to the company’s financial status.

- Database backup records eliminate the possibility of data loss in future.

- Helps in strengthening customer relationship and increase customer satisfaction, leading to greater business opportunities.

- Helps in analyzing sales performance of a whole financial year.

- Easy access to the reports for business accounting transaction and eradicates the need of making manual entries.

- Effortless utility to maintain a record of sales and expenditure of the organization.