Maintaining books of accounts manually involves a lot of effort. Manual accounting is inefficient and prone to human errors. If you are still relying on a manual accounting system, now is the right time to automate your accounting process with QuickBooks Online.
QuickBooks Online is one of the most popular accounting software for small and medium businesses. It allows businesses to keep track of their incomes and expenses and inventory in real-time. It has electronic payment functions and mapping features. Users can access QuickBooks anywhere, anytime. The accounting software offers remote payroll assistance and can also help accounting teams with reconciliations.
Here are some benefits of QuickBooks for small and medium businesses.
Ease of Use
QuickBooks has an intuitive, user-friendly interface. Even first-time users can easily find the information they’re looking for. QuickBooks offers online lessons and video tutorials that include a virtual orientation that explains different QuickBooks features and how to get the most out of the software. QuickBooks also offers a number of sample charts of accounts and templates to help new users get started.
Users can contact the QuickBooks support team through email, telephone, or chat with customer service representatives for technical support.
Offers a Wide Range of Features
QuickBooks comes loaded with income and expense tracking and reporting features. Growing businesses can upgrade their QuickBooks Online plan to unlock advanced sales reporting, inventory tracking, bill pay, and invoicing features.
It Integrates with Different Financial Management Tools
Thanks to QuickBooks’ advanced capabilities, it integrates with a range of payroll software, invoice management tools, bill payment tools, and tools used for managing bank accounts and credit card accounts.
It also integrates seamlessly with some of the most popular platforms such as PayPal, Gusto, and Microsoft Excel that businesses around the world use. QuickBooks allows businesses to easily import data from other tools to QuickBooks and export data from QuickBooks to other business tools.
Offers a Plethora of Customization Opportunities
QuickBooks offers a variety of ready-to-use templates that businesses can use to customize invoices, charts, and spreadsheets. With QuickBooks, you can add company information, detailed information about each line item, and a company logo to your invoices. This makes it easier for your customers to reconcile their invoices and is a great way to promote your brand.
Affordability
QuickBooks is one of the most cost-effective accounting tools. Plans start at just $1,250/month. As your business grows, you can upgrade your plan. Another reason to consider when in the market to sign up with their accounting software is that you do not have to get into a lengthy contract with QuickBooks and can cancel or switch your subscription anytime.
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