Quick Books Online Benefits For The Small Business Owner

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