For more information regarding Quickbooks’ vast array of features and add-ons, check out our Quickbooks review.
Customer Quoting, Invoicing, and Payment Tracking
Quickbooks comes with plenty of quoting and invoicing features that streamline much of the billing and invoicing process. You can send payment reminders, set up recurring charges, and track client/customer payment statuses, among other things. Customers can pay straight off the invoice with a couple of button clicks. As for the invoices themselves, they’re fairly customizable. You can easily duplicate invoices if needed or go off of invoice templates.
Quickbooks also let you factor discounts, shipping, and taxes into invoices.
Thanks to Quickbooks’ numerous integrations (covered in the next section), it can integrate with numerous eCommerce platforms and accept payments made for purchases from your eCommerce store. Then, Quickbooks tracks these payments, deposits them to your bank account, and handles much of the bookkeeping — leading to plenty of time savings on your part.
Quickbooks Cash Business Banking
Quickbooks Payments users who want to further aggregate their operations into one place might consider opening a Quickbooks Cash account. Quickbooks Cash is a high-yield business savings account provided by Quickbooks. It offers an impressive 1% APY, no monthly fees, and access to 19,000 AllPoint ATMs. Of course, Quickbooks Payments users who open a Quickbooks Cash account can access their money paid from invoices within 30 minutes regardless of date or time since everything is happening in Quickbooks. Quickbooks Cash also offers cash flow projections and insights (one of the main ones being Cash Flow), free ACH transfers, and a savings helper tool called Quickbooks Envelopes.
Quickbooks Point of Sale
For Quickbooks Desktop users, there’s Quickbooks Point of Sale. This is an excellent choice if you use Quickbooks to run your brick-and-mortar business. Everything syncs flawlessly with your Quickbooks account, and you can obtain a variety of hardware through Quickbooks for your POS needs.
Add-Ons & Integrations
- Quickbooks supports integrations with numerous third-party products, many of them payment processors:
- PayPal, Square, or your financial institution (for transaction importing)
- Sales and sales tax tracking for Shopify/other major e-commerce platforms
- Payment processing for PoS or mobile card readers
- Bill.com accounts payable automation
Many of these work well in conjunction with Quickbooks Payments, while others are simply nice extras. Quickbooks also can connect you to a Quickbooks-certified bookkeeper if you need it.