With different versions of QuickBooks (Online, Mac, Pro, Premier, Enterprise) in the market, every business can get benefits according to their needs. QuickBooks accounting solution allows businesses to manage daily expenses and transactions, pay bills, manage sales, generate reports, and many more. Since QuickBooks (QB) accounting software holds a large market share in businesses ranging from small to enterprises, it can be a great accounting solution that can be integrated with POS software. Taxation and bookkeeping practices are crucial for business growth. Still somehow, for a retail business, whether it’s a small or multi-store business, it is essential to have specialized accounting software to maintain accurate books and tax information. With an array of features in a retail solution, some POS systems even offer built-in accounting and bookkeeping capabilities. With the advancements in technology, the advanced POS software is now available with great built-in functionalities like multi-stores management, inventory tracking, comprehensive products and information databases, loyalty programs, marketing campaigns building, and many more. Update: This article was last updated on 20th October 2020 to reflect the accuracy and up-to-date information on the page.Ī Point-of-Sale (POS) system is an integral part of any retail business.
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