Basically, Westlake quickbooks is an accounting software package. Its products are directed towards
the small and medium-sized companies. It offers accounting app0lications on the
premises or ton cloud-based versions. All accept business payments, manages and
paying bills and working on its payroll functions.
From
the Intuit company, Quick books is basically a package of software solutions
for managing financial processes in a company that includes managing payroll,
inventory, sales and other needs.
These
include marketing tools, product and supplies, and training solutions, as well
as marketing tools and merchant services.
All these are developed and tailor-fitted according the needs of the
different industries and their particular needs.
Features
The
solutions from the software are used to create reports and invoices, expenses
monitoring, tracking changes in orders and status of jobs. Also included are
the management of inventories, employees, customers and vendors.
Even
if these packages are specific to the industries the companies belong to,
Intuit also brings in other add-ons to the program’s versions, including the 3rd
party tool which integrates Westlake quickbooks to help enhance its present functions.
Web-based features
QuickBooks
has also integrated within the other features (web-based) into the total
package which includes remote access capabilities, outsourcing, and remote
payroll assistance.
Moreover,
the other inclusions are online banking and reconciliation, the electronic
payment functions, mapping features via the integration with Google Maps and
options in marketing via Google.
New
integrations have been added to improve email functionality through Microsoft
Outlook and Outlook Express. Also added are imports from Excel spreadsheets,
pre-authorization of electronic funds and added employee time tracking options.
(They can also run on Linux servers as well.)
Some functions
Within
the software’s accounting package are tools to manage customers, clients,
vendors, inventory and finances. It has a report center that track your sales,
income, expenses and the whole company growth.
Automated
functions calculate sales taxes, track products, and update transactions in the
register, customers and vendor areas.
The
software gives out statements for billing and invoice, with the billing
statements going to the customer with charges (if any) over a period of time as
recorded in Customer Register. The invoices are for items bought and paid for
in a single transaction and don’t accumulate in time.
Paychecks &
liabilities
The
software can manage paychecks, pay liabilities and can be made to set annual
limits on particular payments (tips or vacation pays). It also manages worker’s
compensation tax-exempt employees and tax form within the payroll center.
It
also provides a service that offers online payroll options to send direct
deposits and email receipts of payment. (This has an attached fee to it.) The
software also assigns payroll permission to specific users (multi-users
version).
In
addition, it edits information from Employees Center and adds additional
deductions, tips and employee-specific details.
Overall,
it has 3 centers for managing contacts and inventory – for the customer, vendor
and inventory center. The vendor and customer centers have the list of the
transactions related to the customer or vendor.
QuickBooks has these centers to provide correct management on these
important sectors.
