Answer to Question #123319 in Accounting for Everlyn

Question

In which situation would QuickBooks' batch invoicing feature be most useful?
A. If your company charges a standard monthly fee for many customers
B. If your company sends various amounts of the same inventory item to different customers
C. If your company sends the same inventory item to different customers
D. If your company charges the same sales tax to many different customers

Answer 1

Solution

A. If your company charges a standard monthly fee for many customers

Explanation

The QuickBooks’ batch invoicing feature essentially seeks to promote timely and healthy cashflows through its efficient billing system which enables generation of multiple invoices from a single-entry input as opposed to manually entering information per individual invoice. Batch invoicing may involve creating one invoice for multiple clients who are billed on a monthly basis for ongoing services. Moreover, it can also include offering a set list of goods and services since it possible to add these list items to invoices without having to re-input all the data every time. Through batch invoicing, the business is thus able to save time, eliminate errors as well as be in a position to gain insight on the best performing, worst performing and the highest income generating activity.