60 Seconds to See Your Company's Financial Status

As professional women, we are busy supporting our clients, managing our teams, and operating our businesses. One essential piece to determining our success lies within our ability to understand our company's financial data.

QuickBooks Online is one of the most robust and ever-evolving systems in the cloud accounting space. As an innovative company, they are always bringing us along for the ride! I'm excited to share my favorite feature...welcome to your QuickBooks Online Dashboard.

This tool provides powerful insights and allows you to see your company's financial data in less than 60 seconds! I've shared some screen shots below to walk you through each section of the Dashboard.

To see your company's Dashboard, navigate to the left side of your screen and click Dashboard under the +New Button.

This will take you to an Overview with multiple windows where you will see the status of Customer Invoices, Company Expenses, a Condensed P&L, Sales, and your Bank/Credit Card Balances. You can change the time frame on each window for a more customized view.

By clicking on any window in the Overview, you can shortcut your way to that section of QuickBooks for invoices and bank accounts or view a report for sales, P&L and Expenses.

To manage your accounts receivable, you can easily see the total amount of outstanding customer invoices and what was recently deposited.

This can serve as a reminder to reach out to customers who haven't paid or to prepare invoices for recently completed services.

Quickly identify the company's top 3 spending categories and monitor your budget progress for the month, quarter, or year.

Look for trends in your sales and P&L with this view. I prefer a quarterly view for sales and a monthly view for my P&L.

Seeing all of your connected bank and credit card account balances can alert you to cash flow problems or spot fraudulent activity and troublesome transactions.

Tools like this Dashboard help business owners manage their financial data and serve as a reminder to perform key bookkeeping chores including preparing customer invoices, categorizing expenses, and monitoring cash flow.

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