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Frequently Asked Questions

Lightspeed Retail POS offers detailed reporting and analytics features, providing insights into sales performance, inventory levels, and customer behavior.

Once integrated, the payment data from your Magento store is automatically synced with QuickBooks. For example, when a customer makes a purchase, the payment details are instantly recorded in QuickBooks, keeping track of revenue, taxes, and fees. This eliminates manual entry, improves accuracy, and saves time by automating the accounting process.

With QuickBooks Assisted Payroll, businesses submit their payroll data to Intuit, and payroll experts handle tasks such as payroll tax calculations, form preparation, and tax filing on their behalf.
The software provides comprehensive tools for tracking job costs, comparing estimated costs with actual expenses, managing change orders, and generating detailed job cost reports to ensure projects stay within budget.
It features an inventory management module that tracks stock levels, sets reorder alerts, and adjusts inventory, aiding contractors in managing materials more effectively​.
The Contractor Edition allows users to efficiently document and manage change orders, ensuring all changes are tracked and approved, and the project's financials are updated accordingly​.
The software allows for assigning various billing rates based on job type, task complexity, and employee expertise, making it easier to manage labor costs effectively​.
QuickBooks Enterprise Contractor includes enhanced payroll features in the Gold edition and higher and includes QuickBooks Time Elite and Assisted Payroll in the Enterprise Diamond version, facilitating accurate tracking of employee hours and simplifying payroll processing​.
It includes advanced inventory features such as FIFO costing, serial/lot number tracking, multi-location inventory management, and barcode scanning.
QuickBooks Enterprise Gold Edition includes enhanced payroll features, enabling businesses to efficiently manage payroll processing, tax filings, and direct deposits.