What Are the Benefits of QuickBooks Online?
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QuickBooks Online provides business owners with a convenient remote access option. You, your bookkeeper or your accountant can log in to your QuickBooks account from any web browser, which gives you powerful access to information on the go. This online service is a great fit for service-based businesses.
QuickBooks Online benefits include the following:
- Better shared access to data with employees and your accountant
- No software or local data to manage – no upgrades or release updates
- Robust assistance center with online chat
- Easier app sync with nightly automatic downloads
- No backups and your data is secure on Intuit servers
- You can automatically send invoices and statements
- You can automatically send reports
- Bank and credit card transactions download nightly
- Track inventory first-in-first-out (FIFO)
- You can have multiple windows open at the same time
- iPad and iPhone apps are free with automatic sync
- Option to receive payments by credit card and ACH electronic payments
There are three subscription levels for QuickBooks Online:
1) Simple Start: 1 user and 20+ built-in business reports
- Track your income and expenses
- Send unlimited estimates and invoices on the go
- Download transactions from your bank and credit card accounts
- Access your data online via a PC, Mac, tablet or smartphone
- Payroll subscription is available
2) Essentials: 3 users and 40+ built-in business reports
- Track your income and expenses
- Send unlimited estimates and invoices on the go
- Download transactions from your bank and credit card accounts
- Access your data online from a PC, Mac, tablet or smartphone
- Payroll subscription is available
- Manage and pay bills
- Control what your users can access
3) Plus: 5 users and 65+ built-in business reports
- Track your income and expenses
- Send unlimited estimates and invoices on the go
- Download transactions from your bank and credit card accounts
- Access your data online from a PC, Mac, tablet or smartphone
- Payroll subscription is available d
- Manage and pay bills
- Control what your users can access
- Create and send purchase orders
- Track inventory
- Prepare and print 1099s
Please contact us for pricing and a consultation on which QuickBooks Online subscription is right for your company.
I like that you mentioned how QuickBooks Online could provide business owners with a convenient remote access option. I was reading some articles about business tips earlier and I learned about the uses of QuickBooks Online. According to what I’ve read, it seems there are online QuickBooks services now too.
Thank you, Luke! There is a ton of information about QuickBooks Online and its many uses. If you ever have a question, we’re here to help!
Quickbooks gives efficient solution for all the accounting details sometime you need to share your financial data/file details to 3rd party vendor but it takes time then Quickbooks-accountant resolve this problem
As you mentioned, with quickbooks online, you are able to access things more quickly, thus making the job easier. My brother recently opened up his own company, and wants to make sure all the finances are in order. Is there an online training that he can do to become better informed with quickbooks? https://www.bluebackaccounting.com/qbo-1-on-1-training
Good morning. I would suggest you google the training videos available on line. There is an company Hector Garcia, CPA who has produced a lot of videos and is helpful. I also suggest you look at the resources available from Intuit. Finally, I recommend that when he is ready he contact a CPA to look at what he has entered and how he has it structured so that he is getting things set up well right from the start.
I found it very interesting to know that Quickbooks provides business owners very convenient remote access to their bookkeeper, their accountant, and their own account from any browser and that gives immediate access. My husband and I have been thinking about starting our own business and we´re looking for management tools that can improve our efficiency. I will pass this information to my husband so that we take it into consideration and implement it.
https://www.aplus-usa.com/quickbooks-training/
[…] too many tools that are easier to use while offering such a wide variety of features as QuickBooks. QuickBooks has been a market leader for small businesses for a while, and it’s not hard to see […]
Shawn, QBO is accessed by using the internet. Therefore, it does not matter which operating system your employees use.
With the ‘Plus’, can one of the five users use a Mac for paying invoices and making transfers; and three users use a PC?