4 Benefits Gained from Enrolling in QuickBooks Classes
Bookkeepers once recorded details in large ledgers and relied little on automation when it came to finances, but that has all changed. Today, most companies rely on financial management software to handle all aspects of finances. By far, the most popular accounting software available today is QuickBooks.
A glance at some statistics show just how popular QuickBooks is:
- In 2017, it was announced that more than 2 million users throughout the world use QuickBooks Online (QBO)
- QuickBooks currently has over a 75% share of the market with small businesses that use financial management software.
The reason behind QuickBooks’ success is that the program offers distinct advantages over other types of financial management software. As a result, many workers realize that it is in their best interest to master QuickBooks by enrolling in training classes. This article reviews a handful of the most popular benefits that workers can realize through learning QuickBooks skills.
# 1 - Workers Become More Desirable to Employers
Companies can operate more efficiently through QuickBooks. As a result, workers who learn QuickBooks become more attractive to employers. Some of the reasons why QuickBooks makes companies more efficient include the following:
- QuickBooks allows many tasks to be performed automatically, which makes it easier for companies to focus on other important things.
- Companies that manage accounts through QuickBooks save money because the software makes it possible to run large companies on several hundred dollars rather than the expenses required to monitor these finances manually.
- QuickBooks allows companies to share data between the software and many other business applications including Microsoft Outlook and Word.
Due to these reasons, companies place a high value on workers who have been trained in QuickBooks. One of the best ways to increase your marketability to an employer is to gain a sufficient understanding of the basic and advanced features of the program.
# 2 - Workers Gain Job Security by Learning QuickBooks
There are a number of ways in which learning QuickBooks enables companies to grow and flourish. As a result, workers who master QuickBooks are more likely to be an essential part of a company’s operations leading to job security.
Some of how QuickBooks helps companies operate more efficiently include the following:
- Companies are paid faster with QuickBooks because customers can pay through bank accounts and credit cards, which means that companies are no longer required to wait on checks.
- Through the use of QuickBooks, companies can pay bills as well as bank online, which saves effort and makes business operation more efficient.
- QuickBooks helps companies design business plans to use when securing small business loans or lines of credit.
Workers who manage QuickBooks for companies are providing an efficient and effective way of handling financial details that is not available elsewhere, which means that these workers frequently become invaluable to companies.
# 3 - QuickBooks Has a Variety of Features
QuickBooks has a number of uses, which means that workers who are skilled in the program often have an easy time making contributions to companies.
Some of the various uses of QuickBooks include the following:
- Accepting online payments from customers more easily
- Automatically entering regular transactions
- Creating and sending invoices to customers
- Establishing invoices and statements to be emailed
- Following trends in data that are important to your business
- Keeping accounts payable and bills up to date
- Making sure that questions for accounts are kept ordered
- Managing cash flow at businesses
- Online banking through QuickBooks accounts
- Processing payroll more effectively
- Printing checks to increase efficiency
- Tracking employee hourly and weekly schedules
# 4 - Learning QuickBooks Turns Workers into Problem Solvers
Workers who become skilled at QuickBooks often discover that are ultimately able to ask and receive higher salaries. This is because workers who learn QuickBooks gain the ability to solve a number of problems faced by small businesses. Some of the problems that Quickbook users can solve include the following:
- Companies that try to do too much. Many businesses run into difficulty in juggling the numerous tasks involved with operating a company. By investing in QuickBooks software and hiring someone trained to use the software, companies are often able to delegate the numerous areas involved with expenses, payroll, profit, and various other financial details.
- Companies that don’t have enough time. In trying to juggle the many aspects of daily business operation, many companies discover that they end up spending significant amounts of energy on things that are not directly related to making money like accounting. Skilled QuickBooks users can help these companies increase the amount of time that they need to focus on money making activities. With more profits, workers are often awarded with higher salaries.
- Companies experiencing limited growth. By losing time to financial details, many companies experience challenges in continued growth and expansion. Users with QuickBooks experience can help companies reach their potential by offering more efficient ways to perform a variety of tasks, which often leads to increased salary for the worker responsible for using QuickBooks.
- Some companies are not technologically up to date. It is very common for small businesses to fall out of touch with the most recent changes involved with technology automation. A user who has a firm grasp of QuickBooks is able to make it much easier for customers to pay online and can also introduce numerous other automated features that help companies stay competitive. As the controlling force behind these technological changes, companies often reward Quickbook users with higher salaries.
Schedule a QuickBooks Class Today
The benefits mentioned above are just some of the advantages that can be realized by enrolling in one of our QuickBooks classes.
Read through our list of QuickBooks classes today to find out which of our courses would most benefit you.
We also offer a variety of other business classes which might prove helpful to workers who are new to the workforce and looking to add attractive elements to their resume as well more experienced workers who want to gain a leg up on the competition.