20 reasons to use Intuit QuickBooks Online

Author: Duncan Warnock CPA | June, 2014

Here at Warnock Accounting we are passionate proponents of cloud accounting software. The flexibility of being able to access a cloud accounting package anywhere and anytime you have an internet connection makes it a must have in comparison to a desktop based software package.

One of the main cloud accounting packages available is Intuit QuickBooks. It is used by 1.48 million worldwide and has 3 types of subscription offerings. The current retail price of the most advanced offering called ‘Plus’ is $35 per month. It you subscribe to Intuit QuickBooks via an Intuit Pro Advisor such as myself then it will be even cheaper than that.

20 benefits of the ‘Plus’ subscription to Intuit QuickBooks Online are as follows:

Download transactions from your bank and credit card accounts

Access your data online from a PC, Mac, tablet, or smartphone

Free Payroll for up to 10 employees

Multiple users can simultaneously use QuickBooks Online

Intuit backs up your data automatically

Same security and encryption as banks

Give employees and subcontractors limited access to enter time worked

Track billable hours by customer

Track sales and profitability for each of your locations

Send unlimited quotes and invoices on the go

Invite your accountant to access your data

Import and export from Excel

Free data import from MYOB and Reckon QuickBooks (applicable for some versions only)

Track your income, expenses and profits

Handle Complete BAS

Manage and pay bills

Control what your users can access

Create and send purchase orders

Track inventory

Set up invoices to automatically bill on a recurring schedule

For further assistance with Intuit QuickBooks, contact us to arrange a meeting with Duncan Warnock CPA from the Warnock Accounting Maribyrnong office.