Accounts Receivable made easier with QuickBooks

QuickBooks Online helps you manage accounts receivable

QuickBooks Online makes it easy to create your balance sheet with  the pre-installed balance sheet template. QuickBooks Online lets you  organise and review your balance sheets, financial data and other  financial reports anytime and from anywhere in one place.

Create your balance sheet with QuickBooks Online

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A balance sheet puts all your financial data at your fingertips

  

The balance sheet shows what a business owns, the asssets, what  it owes, the liabilities, and its net worth at a specific point in time.  The three parts of a balance sheet are assets, liabilities and equity.  It has two sections that must balance, hence the name balance sheet. The  balance sheet, together with the income and cash flow, is the main  report for any business. In fact, the balance sheet is the core  component of other financial statements as all others either feed into  or are derived from it.

    

QuickBooks Online organises all of your business's accounting and  financial data in one location so that you can create financial reports  like the balance sheet in just a few clicks. QuickBooks Online offers a  pre-installed balance sheet template and does all the necessary  calculations for you, making it fast and easy to access and review your  balance sheet.

The QuickBooks Online balance sheet template makes it easy

  

QuickBooks Online allows you to access and generate over 65  financial reports and statements in minutes. The main categories of  assets are listed first in the balance sheet, followed by the  liabilities. The difference between assets and liabilities is displayed  at the bottom as the equity or net worth of the business. Simply choose  Reports > Balance Sheet in QuickBooks Online and the pre-installed  template is populated with your data in seconds.

    

Balance sheets can you help identify and analyse trends in your  business, especially for accounts receivable and accounts payable. Are  your customers paying on time? Can you collect overdue invoices more  effectively? Do you have any "bad debts" - debt that you can't collect?  The balance sheet provides you with the financial information you need  to effectively manage the business's financial health.

 

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