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13/02/2014

FreshBooks Launches Journal Entries for QuickBooks Desktop to Deliver Seamless Collaboration Between Accountants and Small Business Owners

Journal Entries for QuickBooks Desktop and CSV means accountants easily get their clients’ financial data from FreshBooks to help simplify tax time.

TORONTO, CANADA – February 13th, 2014

FreshBooks, the #1 cloud-based accounting solution designed exclusively for small business owners, today announced Journal Entries for QuickBooks Desktop and CSV. This new capability allows FreshBooks users to effortlessly provide their accountant with all their FreshBooks transactions in journal entry format.

“For accountants, getting the financial data they need in a usable format can be a real headache during tax time”, said Mike McDerment, FreshBooks co-founder and CEO. “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”.

Journal entries can be sent in two formats—.IIF and .CSV—which provides accountants with the ease and flexibility of importing all FreshBooks transactions directly into QuickBooks Desktop Pro 2011+ or other accounting solutions, alleviating the need for any tedious manual data entry. FreshBooks users can also adjust date ranges for the report so that only the information related to the tax period is provided to avoid duplicate entries and build confidence that taxes are being filed correctly.

Learn more about how Journal Entries for QuickBooks Desktop and CSV can help you simplify tax time by visiting the FreshBooks blog.

About the FreshBooks Accountant Network (FAN)

In less than a year, over 1500 accountants, bookkeepers and financial professionals have joined the FreshBooks Accountant Network (FAN) to collaborate better with the small business clients they serve. As a member of the FAN program, you earn CPE credits, receive placement on FreshMap (an online directory that showcases your practice to 5 million FreshBooks users), and get access to a free FreshBooks account for life. Join the FreshBooks Accountant Network today by calling 1.877.262.5122 or visit FreshBooks to learn more.

About FreshBooks

FreshBooks is the #1 cloud based accounting solution designed exclusively for small business owners. When Mike McDerment, co-founder and CEO of FreshBooks, accidentally saved over an invoice back in 2003, he turned his frustration into a better way to manage the accounting for his small business. Since building the company from his parent’s basement, FreshBooks has helped more than 5 million people collect billions of dollars through easy-to-use time tracking, invoicing and expense management. The company’s mantra is “execute extraordinary experiences everyday” and this is recognized by industry accolades including the gold 2013 Stevie Award for front line customer service, the 2013 IXDA Award for iPhone design and a Webby finalist for best mobile productivity app. Based in Toronto, Canada, FreshBooks serves paying customers in over 120 countries.

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