WorkingPoint is like a user-friendly version of Quickbooks. —Meryl Evans, Web Worker Daily
Overview
Stop worrying about debits and credits! Record transactions with simple online forms. WorkingPoint automatically applies accounting entires to the correct accounts.
- Create invoices, pay bills and manage inventory.
- Receive online payments.
- One-click to generate a Profit & Loss and other financial reports.
- View estimated taxes, 1099 reports and categorized transactions for your Schedule C.
- Web-based: no software to install and anytime, anywhere access.
Invoices
Send professional invoices and get paid faster! WorkingPoint automatically creates accounting entires and adjusts inventory levels.
- Email or generate a PDF with just one click.
- Collect online payments with PayPal.
- Include shipping charges and sales tax.
- Quickly record and track customer payments.
- Gain insight into receivables.
Expenses & Bills
WorkingPoint provides simple forms for recording expenses and paying bills. As you enter transactions, accounting entires are automatically created.
- Gain insight business expenses.
- Manage payables—the money you owe.
- Come tax time, expenses are already categorized for deduction.
Inventory
Whenever you invoice for products, WorkingPoint automatically adjusts inventory levels and creates accounting entires.
- See cost of goods sold at any time.
- Know the quantities and value of inventory items.
- Track average inventory costs.
- Easily make inventory adjustments.
- Import products and services.
Financial Reports
WorkingPoint not only automates accounting entires, but financial reporting too. Record transactions, then generate financial statements with one click. View on screen, or download in Excel or PDF formats.
- Profit and Loss (Income Statement)
- Balance Sheet
- Cash Flow Statement
Taxes
WorkingPoint cuts down on tax time pain. Create a login to share accounting records with a tax accountant, or run reports to help you complete your own taxes.
- 1099 report.
- Estimated quarterly taxes.
- Sales tax report (coming this month)
- Schedule C (coming this month).
