What software can help me automate my accounting and bookkeeping?

There’s a variety of applications available to businesses to assist in automating your bookkeeping and accounting. The Phillips Group's accountants have experience with several types of software through our client work and are always researching new technologies to make our clients’ (and our own) lives easier.

Our recommended bookkeeping and accounting software is Quickbooks Online. Quickbooks has been around since 1983 and transitioned to online services in 2001.

Quickbooks Online automatically imports transactions from your bank accounts and credit cards. From there, business transactions can be categorized, reconciled, and displayed as financial statements.

Quickbooks Online offers a variety of packages and can grow with you as your business grows. For most of our clients, we recommend starting with Essentials or the Plus packages, but there may be other packages that better meet your business needs. We’d be happy to discuss these options with you.

Another benefit of Quickbooks is its ability to integrate with other software to assist you with meeting your business needs. These integrations can allow you to track time, pay employees, make bill paying easier, track mileage, and/or get signed approvals.

One of our favorite Quickbooks integrations is with Melio, an application that allows you to pay your bills in a method that works best for you. You can pay via bank transfers or  business debit/credit cards and decide whether vendors will receive a paper check or direct deposit. Gusto, ADP, and Paychex all sync well with Quickbooks and allow you to decide how much payroll detail needs to be reflected in your payroll entries. Also, Docusign can be integrated should you need to send invoices for electronic signature.