CPA Practice Advisor

FEB 2015

Today's Technology for Tomorrow's Firm.

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February 2015 • www.CPAPracticeAdvisor.com 23 THE PROADVISOR SPOTLIGHT M anaging point-of-sale data is about to become even more seamless for retailers. Early this year, Intuit will release its new QuickBooks Point of Sale powered by Revel, an online POS system that's completely iPad-based. Leveraging the Cloud, QuickBooks POS will automatically sync inventory and payroll data right to QuickBooks Online giving businesses a comprehensive view of their cash fow. Putting POS at Your Fingertips SPONSORED CONTENT Intuit partnered with Revel Sys- t e m s t o pr o v id e a n e a s y- t o - u s e solution that w ill work seamlessly with the Quick Books ecosystem it's been building. Revel Systems ofers a POS solution for businesses in t he reta i l, restau ra nt a nd grocery industries. " I n ou r s e a rc h , w e w e nt through a long list of solutions. W hat appea led to u s about R e v e l i s t h at t he y of f e r a n intuitive solution that can be used across mu lt iple i ndus- tries. Te iPad POS system is s e c u r e l y c on ne c t e d t o t he cloud and automatically syncs with Quick Books Online enabling ou r c u s t ome r s t o m a n a ge t he i r business from any where," said Jacint Tumacder, Senior Product Manager, Quick Books Solutions. W hile there are many solutions that ofer POS systems for retailers, R e ve l i s u n iq ue i n t h at it of fer s i n t e g r a t e d p a y r o l l , i n v e n t o r y tracking and customer relationship management support for retailers as well as other industries. With any- t i me/a ny where access, users ca n sca le it to meet their needs as well as make " back end" changes like updating prices on inventory items from a web browser. The simple design of Quick- Books Point of Sale makes it easy to train employees, new and old. It also ofers several capabilities and f unctions that allow busi- nesses to manage their POS sys- tems right from their iOS devices. Feat u res of t he new solut ion include an intuitive iPad interface, anytime/any where access, "A lways On" mode, photo ID mode, advanced inventory and reporting and seamless integration with QBO, Intuit Pay- ments and PayPal Payments. With photo ID mode, business owners and managers now have the abilit y to ver i f y employee check-i n. W hen photo ID mode is enabled, employees will be required to take a photo at the time they clock in or out. QuickBooks POS users will also enjoy t he benef it of automat ion . Pay ments a re automat ica l ly pro- cessed through the payment solution and daily sale data is automatically pu s he d to Q u ic k B ook s O n l i ne . QuickBooks POS uses Revel's tech- nolog y to power its "A lways On" mode, allowing users to accept and process payments at all times, even if their Internet connection is inter- rupted. Any payments accepted while systems are ofine will automatically be processed when the connection is restored. Users ca n protect t hei r bottom line by setting a limit for ofine payment acceptance. " W hen ou r c u stomers u se t he 'A lways On' mode, they are essen- t ia l ly say i ng , 'I wa nt to meet t he needs of my customers by accepting this payment ofine and trust that it will process when we're back online.' We are g iv ing them the power to protec t t hei r busi ness wh i le a lso giving them the ability to continue to do busi ness when s ystems a re down," said Tumacder. Quick Books Point of Sale pow- ered by Revel is scheduled to launch in early 2015. More information is available on the Quick Books web- s ite at ht t p://w w w.q u ic k book s . com/RevelPOS .

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