At Accountfully, we help business owners implement the tools they need to successfully grow their business. We empower them to leverage smart software solutions that will give them the power to control and monitor their own financials in real-time—a crucial part of business ownership.
While there are many accounting solutions out there, not all are created equally. We put together a three-part series to highlight one of our favorite software solutions: QuickBooks Online. Over the course of the next three weeks, we’ll share our favorite QuickBooks Online features and the ways in which we’ve seen business owners use it to successfully run and grow their business.
What to Know
QuickBooks Online is incredibly powerful, versatile, and easy to use, which is why we recommend it to many of our clients. Below are five of our favorite things about QuickBooks Online:
QuickBooks Online Is Cloud-Based: One of the most common requests we get from business owners is that they want real-time access to their most current financials. As business owners, you should have updated financials and all-the-time access to your information. QuickBooks Online is a cloud-based solution that gives you maximum access to your financials whether you’re at your desk or at a client’s office.
QuickBooks Online Has An Open API Feature: Business owner appreciate efficiencies that them focus on their business rather than their books. QuickBooks Online lets third-party applications synch data between systems. This simplifies the data entry and cuts down the amount of work your accountants are doing—something that ultimately saves you money.
QuickBooks Online Gets You Paid Faster: Business owners understand the importance of managing cash flow and getting paid on time. With QuickBooks Online, gone are the days of lost checks in the mail. Quickbooks Online has the ability to receive payments from customers via bank transfer, ACH or credit cards. This process expedites the payment process helps both the customer and the business owner.
QuickBooks Online Is Mobile-Friendly: Today’s business owner needs to be able to run their business away from their desk. QuickBooks Online has a robust mobile app that has all the functionality needed to keep your financials up to date and accept payments on the go.
QuickBooks Online Simplifies Taxes: What business owner doesn’t want to simplify their tax season? Whether you’re just starting out or you’ve been in business for 12 years, QuickBooks Online streamlines the tax process by integrating with Intuit Tax Online. This allows the auto-importation of financial data into a tax return. Talk about a time saver!
Business owners are driven by day-to-day challenges, the meeting they’re scheduling next week, and the new client they land next month. Money’s coming in, bills are getting paid, and everyone ends the day happy. But companies can go a bit too long coasting on entrepreneurial vibes, full calendars and good moods rather than taking a practical approach to financial health and growth. We recommend smart solutions like QuickBooks Online to make sure you keep your business healthy and on track to be successful.