Business payments and receivables can now be linked between QuickBooks Online and Bill.com, cutting the required data entry.
QuickBooks Online Sync 2.0 allows accounting professionals to achieve efficiency and control of their practice. The seamless, bi-directional work flow for both accounts payable and accounts receivable removes the need for double data entry. It also ensures data integrity and offers up-to-date forecasting of a business’ cash flow.
With the syncing, accountants can eliminate time-consuming administrative duties and replace those efforts with revenue-producing, strategic activities, such as increasing the client base and rolling out new services.
“Increasingly, efficiency provides competitive and profitable advantages for accounting firms,” said Henrique Ceribelli, senior director of product management at Bill.com. “The QuickBooks Online Sync 2.0 enables a greater level of efficiency that results in more time dedicated to creating more revenue, stronger client ties and strategic growth.”
Features of the Bill.com program include:
Syncing that brings unpaid bills and invoices from QuickBooks to Bill.com and then syncs payments back to QuickBooks.
Access to a cash forecast in Bill.com which draws from the QuickBooks bank balance.
Up-to-date postings on payments and deposits to ensure strong cash forecasting.
New users can easily bring unpaid bills from QuickBooks into Bill.com in just a few steps.
Bill.com customers are receiving upgrade notices for QuickBooks Online Sync 2.0.
To request the upgrade immediately, log in to Bill.com and click “Support” at the bottom of the page.
Sansone Accounting & Tax is a provider of QuickBooks and accounting services. Sansone is known for guiding clients through planning and preparation decisions to minimize tax liabilities and help increase business efficiency. Whether it is questions about QuickBooks or new business taxes, the firm prides itself on being available to play a major role in supporting financial, record-keeping and tax-planning issues. To schedule an appointment with one of Sansone’s certified public accountants, call (815) 459-4300.