2016-12-08 00:00:00 Accounting & Bookkeeping English Using return on investment calculations is equally as important for measuring a small business' health as it is for large corporations. https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/03/bookkeepers-computer-with-accounting-software.jpg https://quickbooks.intuit.com/ca/resources/finance-accounting/how-to-incorporate-roi-into-your-accounting-software/ How to Incorporate ROI Into Your Accounting Software

How to Incorporate ROI Into Your Accounting Software

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Measuring return on investment is a great way to gauge how well your assets are performing and how your business is doing overall. Integrating applications such as Fishbowl with QuickBooks Online accounting software allows a detailed view of expenditures on sales and marketing campaigns. By tracking the costs of such endeavors and the amount of time it takes for those costs to be recouped, these programs give you a detailed look into whether your strategy works or needs to be tweaked.

Assessing ROI with a mouse click as you sift through your financials can help save money through avoidance or boost returns through increased investments. Typically associated with large corporate entities, tracking ROI is also a prudent approach for small businesses.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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