Small-business cloud accounting solution provider FreshBooks has released Journal Entries for QuickBooks and CSV, to make it easier for users to collaborate with their accountants.
The feature lets business send journal entries in two formats -- .IIF and .CSV so their accountants can import all FreshBooks transactions directly into QuickBooks Desktop Pro 2011+ and other accounting solutions. Users can also adjust date ranges for reports so only the information related to the tax period is provided.
“For accountants, getting the financial data they need in a usable format can be a real headache during tax time”, said FreshBooks co-founder and CEO Mike McDerment in a statement. "Being able to receive Journal Entries will save accountants time by reducing manual data entry, enabling them to focus on even more high-value services for their clients.”
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