For many retailers, the phrase “month-end close” is enough to elicit a collective groan. If you are currently using Retail Management Hero (RMH) as your Point of Sale and QuickBooks as your accounting system, then you are fortunate enough to be utilizing two very powerful systems. However, until now, they were two silos information goes in one but then must be physically transferred…
For the retail business owner, the end of the day should be a time to breathe a sigh of relief, not dread the paperwork. But for thousands of retailers using Retail Management Hero (RMH) and QuickBooks together, the closing process is a tedious task of exporting sales reports from the POS system, formatting…
For many retailers, expanding their business and opening a second or third location is a dream come true. But with this added revenue comes a whole new set of headaches, namely, accounting. If you are using Retail Man Hero (RMH) at the front of your business and QuickBooks in the back, you are…
For any retail business utilizing both the Retail Management Hero (RMH) front end and QuickBooks back end, the process of closing time has traditionally been a dreaded manual process. There is no need to manually re-enter sales totals, tax summary data, or payment tender types into your accounting software, only to…
Each retail entity carries a chest full of data into the new year, including sales data from last year, consumers, promotions, inventory turns, as well as financial results. “But here’s the uncomfortable truth:” The big idea here is that most businesses do not use the previous year’s results to foster growth in…
Nothing kills a retail operation quite like poorly executed data. But every year, when a new year starts, the goals are set for enhanced margins, improved cash flow management, enhanced growth rates, and better-informed decisions. However, every year starts with a possible burden from the previous year. If your RMH and QuickBooks…
With the beginning of a new year comes the setting of new objectives: increasing revenue, improving margins, diversifying channels, or providing customers with a great shopping experience. Many retail businesses begin a new year investing in marketing or launching a new or improved store front. More than that, the most…
Things can get complicated fast in multi-store retail. Each location has its own sales, stock movements, returns, cash reports, and inventory adjustments. All the finances need to be rolled up into one centralized accounting hub-usually QuickBooks. Unfortunately, most still use a manual process to transfer the data from RMH into QuickBooks,…
Introduction Distributors, wholesalers, and retailers encounter probably one of the most pressing problems there is in operations, synchronizing accounting data with retail transactions. In fact, although it does save quite a bit of time, transferring sales, vendor details, and inventory details from Retail Management Hero (RMH) to QuickBooks Online (QBO)…
When most merchants consider integrating Retail Management Hero (RMH) with QuickBooks, the very first advantage that occurs to them is sales synchronization. While simplifying sales information is critical, real retail success hinges on delving deeper into control of inventory and accuracy of Cost of Goods Sold (COGS). These two factors…











