QuickBooks Online is one of the most popular brands of cloud-based bookkeeping software for small businesses. It gives business owners the convenience of remote access to their finances at any time from any device that has the ability to browse the web. If you have a service-based business, this software comes highly recommended by business owners everywhere.
There are three different subscription levels for QuickBooks:
- Simple Start gives you one user and more than 20 built-in business reports. You are able to track your income and expenses, send unlimited invoices and estimates, download transactions from your credit card or bank accounts, access your data online via any device and take advantage of payroll subscription.
- Essentials gives you three users and more than 40 built-in business reports. You get all of the benefits of Simple Start, plus the ability to manage and pay bills as well as the ability to control what features and information your users can access.
- Plus gives you five users and more than 65 built-in business reports. You get all of the benefits of Essentials, plus the ability to track your inventory, create and send purchase orders and prepare and print 1099 forms.
The subscription level that you choose depends largely on the size of your business and the bookkeeping needs that you have at this point. Fortunately, those subscriptions are very flexible—you can move up at any time and easily adjust your services to fit the level you’re at. This makes QuickBooks Online a great option for businesses on a tight budget.
QuickBooks makes doing business on the go even easier by the use of its free mobile apps that you can download to Apple or Android devices. These apps make mobile use of QuickBooks simple and intuitive, allowing you to avoid a clunkier user experience that you might have just by using your web browser.
Finally, QuickBooks provides automatic backups to keep your data secure at all times.
If you have any questions about how you can get started with using QuickBooks Online and how the software could benefit your company, let us know at Precise MGMT and we’ll be happy to provide you with more information.