Streamlining Your Accounting Workflow: Syncing QuickBooks and Xero with Excel
A well-designed accounting workflow process allows you to get more done faster, with less risk. It helps you avoid costly errors and gives your clients a better experience by having all the data they need at any time. It also enables you to buy back your own time so you can spend more time growing your firm. Helpful tips for Syncing QuickBooks and Xero.
Managing the workflow of your accounting practice is no easy feat. Often, there are a lot of moving parts, and many different things need to be done in order to create consistent client deliverables. And while some aspects of the accounting workflow can be automated, others require a bit more hands-on attention in order to be completed correctly.
That’s why it’s essential to consider your accounting processes and how they can be improved. The good news is that you don’t need to be a tech-savvy genius to make this happen. It would help if you had efficient and effective workflow management software to automate your accounting and boost productivity.
To get started, the first step is to migrate all of your communication into a single hub. This will help you keep all of your team members on the same page and eliminate the confusion that can occur when it comes to deciding who should respond to a specific email or message. You can then start to document your accounting processes by creating a checklist for each one. This will give you a clear picture of how each project is progressing and who is responsible for each task. This will enable you to track client work and hit deadlines.
You can also use workflow software to sync your accounting platforms with each other and automate tasks. For example, Uncat can automatically synchronize your Xero, QuickBooks Online, and Practice Manager (WorkFlowMax) with Excel so that you can build reports with live client data and bulk upload and edit transactions back to the accounting platform from within Excel. This will save you a ton of time in the long run and give your clients access to more accurate information.
You can also use a tool like Financial Cents, which provides accounting workflow checklists and more. It allows you to delegate tasks, see who is working on what, and collaborate with your team in real-time. Plus, it makes client communications more accessible for you by sending automatic email and text reminders to your clients. You can even send Magic Links to your clients that will instantly synchronize their data with your accounting platform so they don’t need to remember the password or login details. This is a much more streamlined and user-friendly process than manually navigating spreadsheets. Best of all, you can set up this entire system for your firm in just minutes. So what are you waiting for? Get a free trial of Financial Cents today!
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