Bookkeeping is the systematic recording and organizing of financial transactions and information pertaining to a business on a day-to-day basis. Accuracy is a vital part of the process as it ensures that each individual financial transactions record is correct, up-to-date and comprehensive. It helps you keep accurate records for a range of purposes such as analyzing your business activities, attracting investors, lodging and paying taxes, seeking finances and meeting your requirements. KIPPIN is the best small business bookkeeping app that helps you fast-forward your bookkeeping chores.
KIPPIN – The best small business bookkeeping app keeps track of accounts payable and receivable and keeps all your business’s financial transactions documented. It manages payroll, handles deposits, creates and maintain monthly financial reports, and manage sales taxes. It also reconciles bank statements to the internal accounts. KIPPIN – The best small business bookkeeping app ensures that all your financial tasks are completed correctly, in a timely manner and accurately. It also helps in increasing the company’s overall financial accountability and checks and balances by reviewing the ledger for accuracy and also maintaining the integrity of the accounting data.
Features of KIPPIN – Best Small Business Bookkeeping App
- Track Transactions:
KIPPIN – The best small business bookkeeping app handles the recording of everyday bank transactions. It has a daily automatic bank feed which is a great tool to use. Also, it makes it much easier to keep a track of cash flow and it also saves time on data entry.
KIPPIN – The best small business bookkeeping app makes sure that accounts are valid and up to date when the accountant needs them. As a result, this helps the accountants to make business recommendations, report to the board, and complete company tax returns use their skills and knowledge.
- Accounts Payable:
KIPPIN – The best small business bookkeeping app helps to make payments on behalf of the business. It includes the payment of supplier invoices and expenses. It also helps you to get rid of manual tasks, save time by automating routine tasks, avoid penalties by getting reminders and notifications, and keep your numbers accurate.
- Accounts Receivable:
KIPPIN – The best small business bookkeeping app helps you create and send invoices to customers, provide invoice statements and assists in payment collections. It gives you information like from whom, how much, and when to expect payment. It also enables you to manage the accounts receivable ledger and chasing late payments.
- Cash-flow Management:
KIPPIN – The best small business bookkeeping app monitors the balance of revenues and expenses. This helps in making sure that your company doesn’t run out of money. This allows it to take action or offer advice if business needs more ready cash.
What makes KIPPIN the Best Small Business Bookkeeping App?
Some of the benefits of KIPPIN – The best small business bookkeeping app helps small businesses grow are as follows:
KIPPIN – The best small business bookkeeping app allows the business owner to focus on actual business operations. As a result, this eliminates the need for spending time on managing the financial records which distract the business owners from developing products, maintaining strong relationships with customers, or devising long-term strategies.
KIPPIN – The best small business bookkeeping app helps you in getting faster and accurate information. It keeps the financial record of your business that ensures more accurate records. As a result, this eliminates the need for the business owner to research accounting rules, learn how to use software, and create their own financial reports, KIPPIN – The best small business bookkeeping app handles it all for you. It saves time, money, effort, and energy.
Efficient Tax Return or Audits:
KIPPIN – The best small business bookkeeping app makes it faster and easier to prepare tax returns or audits. It provides the highest quality service to the companies for the lowest rate. It also makes sure that your business records are in order at tax time. In the event of an audit, well-organized records make the process smooth. As a result, this helps the clients in saving time and money as need not pay a tax preparation professional or an audit specialist as much as if all their records were unorganized.
Timely Information for Decision-making
KIPPIN – The best small business bookkeeping app allows businesses to gain better access to financial information. It manages the company’s financial reports making the information always readily available. Also, it allows you to get specific reports based on management’s needs. Whenever you encounter a risk, opportunity, or new idea these on-demand reports can be made available. This helps you make faster decisions related to sales, customers, overhead, profit, and other issues. KIPPIN – The best small business bookkeeping app for all your bookkeeping chores.