The Books in Balance Blog

5 Advantages to using QuickBooks Online

5 Advantages to using QuickBooks Online

June 08, 20232 min read

Introduction:

When the same company offers two good accounting software products, how do you choose between them? This is often the question small business owners find themselves asking when exploring the differences of QuickBooks Online and QuickBooks Desktop.

Even though both versions of QuickBooks operate in similar ways, many people prefer the online version. 

QuickBooks Online, or QBO, is Intuit’s cloud-based accounting product. Due to its flexible and tailored experience, QBO is designed to greatly benefit small businesses owners.

At Books in Balance LLC, Lynnette Kiss helps owners understand each of the many advantages QBO offers. This ensures your business receives the best value.

1. Access Your Data from Everywhere

QBO provides business owners with a convenient remote access option. You can log in to your account from any web browser or the included app, giving you access to information on the go. This online service is a great fit for service-based businesses.

2. Shared Data Access

If you share your accounting tasks with others, you’ll appreciate the way that QBO works when adding additional users. You can protect sensitive data with user-access levels and share reports without sharing a log-in. In addition, the program allows your accountant to access to help you keep your books in balance.

3. Automatic Backups and Upgrades

Intuit performs automatic backups to its secure servers and handles upgrades in the background. Availability of the most current features and functions is guaranteed. You won't have to lift a finger because QBO handles these backups and upgrades.

4. Task Automation

The average business owner’s day is filled with big decisions (like Employee vs. Contractor: How’s a small business to know and classify workers?). With QBO task automation benefits, you can spend more time building relationships and expanding your client base. Tasks that can be automated through QBO include but aren’t limited to: entering bills; recording and coding transactions and expenses; sending recurring invoices or sales receipts; and payroll processing, reporting and tax payments.  

5. App Integration

With the power of Intuit on your side, there are also over 650 third-party apps that will integrate directly with your books. If QBO doesn’t have the solution you need, you can bet that there is an app out there that will provide that solution and not make you sacrifice accurate bookkeeping.

As you might have guessed, these 5 advantages are only a small portion of the ample possibilities QuickBooks Online offers to small business owners.

As a QuickBooks Online Advanced Certified ProAdvisor, Lynnette Kiss can assist you in navigating through all of QBO’s features, functions and add-ons. This helps find which accounting solution best suits your business’s needs. By creating a tailored solution and streamlining your day-to-day operations, you will have more time and feel empowered by setting and achieving your business’s financial goals. 

For more information about Books in Balance and our services, visit www.mybooksinbalance.com.

building your businessbusiness goalsfinance goalsquickbooks onlinesoftware products
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Lynnette Kiss

If there was ever a born accountant, Lynnette is one. She started her journey with numbers at a young age. Throughout the variety of experiences in her life so far, there has always been one thing in common...she loves the numbers of it all!

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