Most business owners know that a point-of-sale (POS) system can do a lot, but they usually don’t know all of it. Did you know POS software can simplify your accounting and bookkeeping methods?
Bepoz can help you choose the right accounting software that fits your business needs. Consider the information below when making your decision.
Import your contacts into your newly integrated software, then when you make changes to customer or vendor contact information, like adding an address or changing a phone number, your accounting software will instantly show the changes. Plus, your account balances will be updated in real-time. You will never fail to pay your vendors on time again.
Let your POS do the tedious and time-consuming tasks instead of a bookkeeper. Plus, combining point-of-sale accounting software automatically transfers numbers, which sidesteps any chances of human error.
Simplify your inventory control. Track the cost of sold products, generated income, and real time data sharing all through your POS software. You’ll be able to see the value of your current inventory in a matter of seconds.
General Ledger Account Balances
No more manually adding general ledger account entries on a daily basis. It’s now all possible with your POS accounting software. It can help you update accounts receivable, inventory, accounts payable and customer deposits in real time. With a quick glance, you’ll be able to check the balance of any general ledger account, and you can be confident that your balance sheet and income statement are true reflections of your current financials.
Sales Reporting Data
When a transaction is made, your accounting software will receive the information and records will be automatically updated. The benefits of improved tracking will be helpful in quick decision-making without any wait time.
It’s clear to see that accounting software can reduce human error, produce automatic updates, produce clear reports, help with inventory control, and remove daily general ledger entries. Call Bepoze today to talk about the best accounting software that could fit your business.