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Popular cloud-based accounting tool QuickBooks Online (QBO) makes it simple and effective for small businesses to manage their finances. The diverse range of features that streamline accounting tasks and increase efficiency have contributed to QuickBooks Online's rise in popularity.
Since our inception, Katani Bookkeeping has used QBO, and all of our bookkeepers are QBO Pro-Certified. We strongly support Intuit's recommendation to switch from the desktop version to the online version.
We love QBO and we're sure you will too. Here are 11 reasons why:
1. Easy Cloud Access
Easy access to QuickBooks (QB) is crucial in today’s fast-paced world, especially now that many people are working remotely. QuickBooks Online (QBO) provides this access by storing your data in the cloud, allowing you to use it from anywhere with an internet connection. Moreover, QBO's app allows you to add transactions, such as estimates, invoices, and expenses, on the fly, and you can even take a picture of your receipt and save it to the transaction. All of these features make the job of bookkeepers easier and more efficient. Since QBO is cloud-based, it requires no installation and can be accessed from any web connection.
2. Easily Grant or Revoke Access
With QBO, clients can easily grant or revoke access to their books, allowing us to work through transactions or corrections quickly. With desktop, clients have to send us a backup file which has caused problems in the past. Your accountant can access your QBO account without needing to make a backup or send an accountant's copy, simplifying the process for both parties.
3. Intuitive & User-Friendly Interface
QBO's intuitive and user-friendly interface allows even non-accounting professionals to easily navigate the software. This makes financial management more efficient and effective, as users can quickly access the tools and information they need to keep their books in order.
4. Automatic Transaction Download
QBO users have the ability to auto-download your transitions by linking their bank accounts and credit cards. Over time, the software memorizes your vendors and automatically categorizes your expenses. This feature not only saves time, but it also minimizes the risk of errors vs manual entries.
5. Receipts are a Breeze
QBO allows you to attach bills, sales receipts, estimates, and invoices. You can even upload photos of receipts taken on your phone.
6. Automatic Backup
Imagine this: You've been hard at work on your finances in QuickBooks Online, disaster strikes, and suddenly, all of your data is lost. All of that effort, was gone in a flash! No worries—QuickBooks Online has you covered! You may rest easy knowing that your information is secure thanks to automatic data backup and simple recovery options. You can stop worrying about expensive disruptions and return to concentrating on what really matters – running your business!
7. ProAdvisor Discount
If you're using QuickBooks Online and have an accountant who is also a QBO user, you might be eligible for a QB ProAdvisor discount on your subscription. The good news is, if you're working with Katani Bookkeeping, we can help you take advantage of this discount. While it can't be applied to existing subscriptions, starting fresh with us means you'll be able to enjoy the savings right away. Let us help you get your books in order and keep more money in your pocket!
8. Powerful Reporting Feature
Are you tired of spending hours compiling financial reports? Well, with QuickBooks Online, you can say goodbye to that headache! QBO offers a powerful reporting feature that provides users with a variety of customizable reports, allowing them to gain valuable insights into their business's financial health. From profit and loss statements to balance sheets, QBO has got you covered. Plus, with the ability to schedule and automate reports, you can save even more time and focus on growing your business. No more wasted time sifting through spreadsheets – let QBO's reporting feature do the heavy lifting for you!
9. Simultaneously Open Several Windows
A little-known feature of QBO completely changes the game for bookkeepers and accountants. Simply explained, its the capacity to simultaneously open several windows. As a result, we can compare reports, cross-reference data, and work with numerous tabs simultaneously without having to switch between them frequently. When we're crunching numbers all day, it's like having an extra set of hands (or eyes). We can also do away with the trouble of manually switching between many monitors thanks to this capability. QBO is constantly looking for ways to make our life simpler!
10. App Integrations
Over 650 third-party app integrations are available for QuickBooks Online, ranging from time-tracking tools like TSheets and Harvest to e-commerce platforms like Shopify and BigCommerce. Businesses may easily connect with the tools they need to conduct their operations more efficiently thanks to the wide range of integrations that are available. Businesses may decrease manual data entry and the possibility of errors by syncing data across several platforms, which will ultimately save up time and increase productivity. Additionally, app integrations can offer insightful analytics that helps businesses decide how to manage their finances and operations.
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