6 Ways Farmers can Better Manage Their Business with Barn2Door + QuickBooks Online
This Spring, we were thrilled to announce the direct integration between Barn2Door and QuickBooks Online, offering Farmers the best-in-class accounting solution to manage their expenses and ensure their books are in order, foundations for building a resilient Farm business.
We recently sat down with Matt Jacocks, Partner Account Manager of QuickBooks Intuit on the Direct Farm Podcast. Focused on providing solutions that will save Farmers time and enable accurate decision making, Matt touched on 6 ways Farmers can better manage their business with Barn2Door and QuickBooks Online.
1. Save Time
With the Barn2Door + QuickBooks Online integration, Farmers can access information anytime, anywhere. Whether you’re ready to hop on your computer after a long day on the Farm or want to check how much available cash you have while picking up feed at the store, the flexibility to access your finances anywhere is huge!
Keeping a ledger can be time-consuming to manage, inaccurate, and fall into the wrong hands (or the dogs’ mouth). To ensure that Farmers receive peace of mind knowing their information is protected, QuickBooks is backed by robust data encryption. With the direct integration, Farmers can easily track total sales, processing fees, delivery and shipping fees, and taxes collected through their Barn2Door account.
Read: 5 Time-Saving Tactics for Your Farm (10-min Read)
2. Leverage Barn2Door Account Managers & Quickbooks Pro Advisors
Your Barn2Door Account Manager will offer tailored solutions your Farm can implement to grow and manage direct sales - whether it’s tactics to secure recurring revenue with subscriptions or accessing more Buyers with a delivery or shipping service.
Knowing that finances can be tricky to manage, QuickBooks has a network of Pro Advisors, which includes a group of bookkeepers and accountants that are QuickBooks-certified. Advisors can guide Farmers through best practices on how to manage their business and provide strategic insights to drive the growth of your Farm business.
3. QuickBooks Payroll
With Barn2Door + QuickBooks Online, everything you need to manage your business is in one place. With the QuickBooks Payroll tool, Farmers can seamlessly manage their HR. Farmers can be alerted when contract workers or full-time employees punch in or out, and with geo-targeting, Farmers can stay in the know when an employee arrives on location.
4. Ensure Tax Compliance
Taxes can be complicated. That’s why both Barn2Door and QuickBooks Online have a direct integration with Avalara - the best-in-class small business solution for managing taxes. So whether your Farm is located in an origin-based or a destination-based tax state, Farmers that use Barn2Door + Avalara can ensure products are tax compliant and, with QuickBooks Online, know taxes are accounted for properly.
5. Classify Expenses Seamlessly
Whether you’re purchasing seed, feed, or other Farm supplies, the Barn2Door + QuickBooks Online integration automatically classifies your purchases into categories, reducing the time and effort spent collecting and tracking expenses. Farmers can even capture purchases by taking a picture of receipts, where QuickBooks will automatically categorize and update expenses for you. As a result, it’s now easier than ever to save time tracking your cash flow, gaining greater insight into where your money is going.
6. Cash Flow is King
Farmers can receive financial peace of mind by gaining visibility into how much cash their business has daily. Why is this so important? Make more accurate decisions by knowing where you stand - can you pay an invoice early, or do you need to take out a short-term loan? Understanding how much cash flow you have available is key to planning ahead and building a more resilient Farm business.
Barn2Door and QuickBooks Intuit are pleased to offer savings for Farmers, a forty percent (40%) discount off the first twelve months of a QuickBooks Online subscription, and a forty percent (40%) discount off of QuickBooks Online Payroll.
QuickBooks by Intuit is an official partner of the Direct 2021 Farm Conference, where Matt Jacocks will be a keynote speaker on August 3rd. Join us at Direct 2021 to hear from Matt, notable industry speakers, and Farmers who will share insights and best practices on how to grow and manage direct sales. Register Here.
Barn2Door powers Farmers with the software and the service to grow and manage direct sales. If you’re curious how we could help your Farm build a thriving direct-to-market business, watch this 5-minute video.