Respond to these scenarios explaining how each business owner could improve their accounting system. You will not be an expert in what these other systems offer, but this offers you a chance to think about what software is available to help business owners manage their data (some of it may be available in QBO already). Respond to each scenario.

1. Scenario #1: Harold runs a commercial cleaning business and has three teams of three cleaners on staff. He uses QBO to manage his accounting system by downloading bank transactions into QBO and classifying transactions. At the end of each week, he collects reports from each team to understand how much time they spent at each location to generate invoices and record employees' time. He is spending too much time on this process.
2. Scenario #2: Monica's business is booming. She landed a $1 million contract with the federal government to sell flag holders for all federal buildings. She had been using QBO to manage her accounting and is now feeling like she needs a little better understanding of the costs of the manufacturing process. She also wants to be able to work with a budget for the Government Contract separate from the rest of her business.
3. Scenario #3: Heatcurrentallows youher teaches swim lessons and does her accounting at the end of the year by downloading her bank data into a CSV file and manually classifying each transaction, then sorting by that column and totaling each expense account.
4. Scenario #4: Kristin runs a soap-making business. She uses QBO for accounting and has a lot of potential customers that she needs to keep track of but doesn't want to put them in QBO since they aren't currently customers. She complains about spending too much time collecting checks from her wholesale vendors.