QuickBooks Online: Great TOOL For Small Business Owners

QuickBooks Online is a popular accounting software that is well-suited for small business owners due to its many features and benefits. Some of the reasons why QuickBooks Online is great for small business owners include:

  1. Easy to use: QuickBooks Online has an intuitive user interface that is simple and straightforward, making it easy for small business owners to manage their finances, even if they have no prior accounting experience. However, not following a proper workflow can cause issues in your year end reports.

  2. Accessible from anywhere: As a cloud-based software, QuickBooks Online can be accessed from any device with an internet connection, which means small business owners can manage their finances from the office, home, or on the go. With the use of their QBO App, you can easily scan your receipts as soon as you get back into your car for easier receipt management; one software ALL business owners should utilize to reduce receipt headaches.

  3. Automated features: QuickBooks Online has many automated features, such as automated and recurring invoicing, expense tracking, and bank reconciliation, that can help save small business owners time and effort. With the use of rules transactions can be categorized automatically, however they should always be doublechecked for accuracy. Things do slip between the lines occasionally.

  4. Integration with other apps: QuickBooks Online integrates with many other business apps, such as PayPal, Square, and Gusto, which can help streamline various business processes and make it easier for small business owners to manage their finances. You can even connect your bank and credit card accounts so transactions sync daily.

  5. Affordable pricing: QuickBooks Online offers affordable pricing plans that are well-suited for small businesses, with options for businesses of different sizes and needs.

Overall, QuickBooks Online is a powerful and flexible accounting software that is well-suited for small business owners who want to manage their finances effectively and efficiently.

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By the Book: An Introduction to Bookkeeping for Small Businesses