It’s a busy time of year, isn’t it? With the holidays winding down and a new quarter beginning we know that things have gotten hectic. Especially for NSDs, Directors, and Independent Beauty Consultants, like yourself.
Plus, to add to everything that’s going on tax season is approaching! Yikes! We hope you aren’t spending time in the trenches digging through receipts to add to your financial reports when you can easily keep track of it all with UnitWise.
UnitWise, Your Number One Management SolutionNow, if you’re new to UnitWise you should know that it’s the total beauty consultant business management program that you’ve been waiting for, that specifically designed for NSDs, Directors, and Independent Beauty Consultants.
It’s like your perfect personal assistant to help you save time with innovative features for accounting, email marketing, inventory management, expense tracking, and more.
Best of all, UnitWise is available on your smartphone so you can check in on your business and unit members from any location at any time.
Financial Tracking With UnitWiseUnitWise helps you keep all of your money in order by providing you with one convenient location to keep track of all of your accounts. While UnitWise provides multiple premade accounts with names such as ‘Savings’ or ‘Checking’. However, you can upload as many accounts as you need and give them custom names or edit every detail about the premade accounts.
You can give each account it’s own category, transaction date, the name of the account the payment was made to or from, the type of payment, the payee or payer, and the amount. This way you’ll clearly be able to see who you paid, when you paid them, and how you paid them. You’ll also see the amount of money that came out of a particular account. Plus, you can edit these details at any time.
Remember these accounts aren’t actually tied to your banking accounts. You will have to manually enter the balance of your accounts and add transactions when they occur. Luckily this process can be completed in a matter of seconds, right from your smartphone.
When you click on the name of the account you’ll see the balance of the account at the top the page as well as a list of your previous transactions. Based off of your personal preferences you can view a list of your last 10, 25, 50, or 100 transactions to see what exactly is going on in your account. You can also view your expenses, a list of your payees and more.
UnitWise makes it extremely easy to split up transactions between multiple accounts if need be, and you can also easily transfer funds between your different accounts.
Once you record a new transaction it will appear at the top of your list under the expenses category in the expenses tab.
Organization is always key, that’s why you all of your different account types will be grouped together. For example, all of your credit card accounts will be linked together so you can manage them all at once.
Also, if an account is a recurring expense like a monthly subscription you can mark it as such, and the total will be automatically accounted for. Just be sure to select the day of the month when the subscription is due.
Reporting With UnitWiseWhat good with financial tracking be without easy-to-read reports? That’s why right when you log on to your UnitWise and click on reports. From there you can run a report for your sales totals, expenses, trip logs and more, making it easy to find your year-end totals for tax season.
Once you select the report you would like to run you can select the dates for your report to include. This way you can easily get your end or monthly totals in a matter of seconds. Then the report will be displayed in an easy to read table, and can be printed or exported to a PDF, Excel, or Microsoft word file.
Stay On Top Of Your FinancesSign up for your free 15-day trial with UnitWise today to see how the expense tracking can clearly help you organize and keep track of all of your finances across multiple accounts. It also makes it easy to pull up and view a previous transaction in a matter of seconds, eliminating the need to dig through a pile of receipts to preference a previous payout or purchase.
Plus, UnitWise provides multiple easy to read reports of sales, trip logs, expenses, and more.
Along with tracking your expenses UnitWise also can help you manage your personal website, invoices, conference calls, unit reports, and more. It’s the all in one beauty consultant business management solution.
*Content found in the UnitWise blog is for informational purposes only. UnitWise is an independent business with no affiliation to Mary Kay®.Content found in the UnitWise blog is for informational purposes only. UnitWise is an independent business with no affiliation to Mary Kay®.