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Shortcuts Salon Software and Spa Software
Shortcuts UK (+44 (0) 161 972 4900)

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AVAILABLE MODULES
BookME™ Set & Forget Marketing™ TextME™ BackMEup™ ConnectME™ DesignME™ Extended Commissions FinanceLink for QuickBooks VerifyME™ ScanME™ PowerSalon™ PowerModule

FinanceLink™ for QuickBooks

Cutting down the paperwork!

Shortcuts prides itself on being the world standard in salon and spa software, continually striving to add cutting-edge features and functionality that benefit its customers. Shortcuts also prides itself on the partnerships it develops with leading companies in other industries that service the hair and beauty market.So, it is no surprise for Shortcuts to partner with QuickBooks, a leader and expert in the accounting software field who are officially recognised and endorsed by the Australian Tax Office.

What is FinanceLink™ for QuickBooks?

Essentially FinanceLink™ for QuickBooks is a tool created by Shortcuts that allows you to map your Shortcuts data with the appropriate accounts in your QuickBooks company files. You can start a fresh QuickBooks company file or begin synchronising to your existing QuickBooks company files from any specified date.
Shortcuts
FinanceLink™
QuickBooks

What information is synchronised?

FinanceLink™ for QuickBooks synchronises figures relating to the following:

  • Point of Sale transactions
      • Service sales
      • Product sales
      • Gift certificate sales and redemption
      • Series sales, redemption and expiry
      • Sundry sales
  • Discounts
  • Refunds
  • Tax
  • Club points accrual and expiry
  • Petty cash expenses
  • Tips
  • Stock on hand
  • Cost of sale
  • Stock orders received
  • Supplier accounts payable
  • Client accounts receivable
  • Employee hours and roster types

How does it work?

There are 3 simple concepts FinanceLink™ for QuickBooks implements to perform its work:

1. Synchronisation

This is the act of transferring data from Shortcuts to QuickBooks

2. Mapping

FinanceLink™ for QuickBooks provides a simple tool to allow you to map specific data in Shortcuts to appropriate accounts in QuickBooks

3. Reference Data

During synchronisation primarily transaction and employee information are matched. However, there are cases where QuickBooks requires other reference information before it can accept certain sales transactions (eg. Employee, supplier and client information, etc.)

What are the benefits?

  • Eliminates double data entry, saving time and money
  • Eliminates data entry errors saving frustration and time reconciling
  • Employee hours are synchronised allowing for simple payroll
  • Full financial details are available on every aspect of your business
  • Once the data is initially mapped it’s a simple one-button click to sync!

For more information on FinanceLink™ for Quickbooks, simply contact us.