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The article “Intuit Quickbooks GoPayment Review: App vs. Square” compares the best ways that QuickBooks GoPayment from Intuit can be used as a mobile credit card reader and integrated merchant processing system. According to the article, the technology was put to the test in a lawsuit against Square and won with high marks. The author of the article says the team that has worked with the software package appreciate the easy registration process that takes very few minute to download the app and get an account. The mobile payment system enables small businesses and organizations to accept credit cards by the use of mobile devices such as IPads, tablets, iPhones, and Androids. Importantly, an individual can pay from anywhere with the help of the new app. Importantly, monies are deposited into a bank account of the individuals choice and immediately recorded to the persons QuickBooks Online Financial records. This enables the accounting firm to track the financial data quickly. Moreover, the GoPayment system allows organizations to accept payments by credit cards. This means the new technology will help the business in doing away with the fraudulent activities that some employees and customers use so that they can benefit from the group. Moreover, the customer and the organization will be able to keep track of their financial transaction making it easy to identify any suspicious activities. Similarly, the information required for the system is only the full credit card number, four digit security, and the car expiration date.
The article shows how the development of the QuickBooks into a mobile application can help organizations follow down their financial transactions. Moreover, the adoption of the technology to an online platform has given the accounting firms an upper hand in keeping track of their financial transaction and payment systems. This makes the accounting process and practices easy to implement. Furthermore, the follow-up procedures are secure as the data is readily available and cases of any fraudulent activities are minimal as the practice cab be backed up by the information available in the system.
Full Harvard reference style
Mazza, J. and Chavez, G., 2016. Computerized Accounting with Sage 50 2016: Text.
The Computerized article Accounting with Sage 50 2016 by Mazza looks at the advantages the accounting profession gains from the computerized accounting with Sage 50. The application is an easy software to use for people with accounting knowledge and skills and help the accounting department to pay bills, stay on top of the banking, invoice the customers, and manage inventory. These are some of the functions that the application can perform which require a lot of time and workforce to complete. This would be crucial to the organization as it will save the firm time and cut down the cost as most of the company’s functions will me automate and will require few workers to run the system. Similarly, the article states that the accounting software helps the accounting department to make informed decisions, gain control, and drive faster response as they will have the confidence that their data is secure. Furthermore, the application can be customized to meet the organization’s needs and requirement. This will be crucial as the firm will need to adjust some of the functionality of the software so make it simple and understandable by its employees. The article states that some of the benefits associated with the software include firstly, speeds up the cash flow and reduces costs. The application makes the accounting process easy as all the functions are automated. Similarly, the software results in cost reduction as some of the factions that were performed manually are now automated. This means that the time takes to complete some of the accounting responsibilities will be faster as the system works faster. The article further states that other benefits of using the software include protection of critical data by the use of user security and the application helps with filling taxes.
The article looks at the advantages the organization can gain from adopting the Sage 50 program into its accounting system. The report identifies several benefits which include protection of critical data by the use of user security; the application helps with filling taxes, and speeds up the cash flow and reduces costs. All these tasks performed manually can be computerized meaning the time taken to complete the can be shorter resulting to reduced waiting and faster decision making. Moreover, the adoption of the technology to an online platform has given the accounting firms an upper hand in keeping track of their financial transaction and payment systems. This makes it easy for the organization to retrieve any information faster in case any issues come up.
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