Question

How does the accounting department use FreshBooks software? Write a paragraph to explain.

Answer 1

FreshBooks is a cloud computing based accounting software,, which can be used by any proefessional or small business even though if they are not from accounting education background.

It takes few input in the assigned field and then create the invoice as per requirement. Invoices created by it has

• You may add invoice due dates
• Easily offer discounts can be configured
• Customize invoice payment term for your business requirement
• Automatically calculate taxes as per law
• you can preview invoices before sending
• you may choose your preferred currency
• Instant updates when an invoice has been viewed and paid
• Invoice from anywhere with the mobile app can be obtained.

Therefore it is very easy to do the accounting work with this software.

You can also track the Project expenses and track the expense while it makes it very easy to keep the record.

Multiple type of financial reports can be generated.