Reliable books are essential for understanding the state of your business. If you want to tell a clear story about your business and guide growth in the right direction, you need accurate bookkeeping in reliable software.
At CFO2U, we build that solid accounting foundation using QuickBooks Online.
We believe QuickBooks Online is the best software for managing and maintaining clear, organized, and accurate books. Here are a few reasons why we think QuickBooks Online stands out from competitors and even QuickBooks Desktop.
What Is QuickBooks Online?
QuickBooks is a brand of accounting products and tools that manage financial tasks for small to enterprise-size businesses. Their tools execute tasks ranging from bookkeeping and accounting to payroll processing, payments, and time tracking.
QuickBooks Online is the brand’s cloud-based accounting software specially designed to help small and medium-sized businesses manage all of their financial and accounting needs from one place. Our team uses and loves QuickBooks Online, and we recommend it to all our clients.
CFO2U Is a QuickBooks Certified ProAdvisor
The CFO2U team is well-versed in QuickBooks Online, and we know how to get the best value and use out of the software. Our team includes QuickBooks Online Certified ProAdvisors who have gone through training and testing to ensure we have expertise in using the software at the highest levels. QuickBooks Online has countless features, and our teams know how to get the best use out of them for our clients.
9 Reasons Why We Love QuickBooks Online
There is a reason why QuickBooks Online is one of the most well-known and popular accounting softwares on the market. Customers love it. A survey found that 87% of customers said it’s easier to run their business with QuickBooks. As a team of bookkeepers and accountants, we love it too.
Here are a few reasons why we recommend QuickBooks Online to all of our clients.
#1) Access Anywhere, Anytime
QuickBooks Online is cloud-based accounting software. Unlike QuickBooks Desktop, it is not tied to one specific computer or network. It can be accessed by any device with an internet connection. The portability of QuickBooks Online allows business owners to access their books anywhere, anytime. They can even access their account via mobile devices using the QuickBooks app.
#2) Easily Share Access
Because QuickBooks Online is cloud-based, it can be accessed by off-site team members. You can create multiple accounts which are accessible from anywhere. The ease of sharing access allows team members and accounting partners to access a company’s books without being on-site, allowing for remote support and collaboration.
#3) Live Collaboration
QuickBooks Online features real-time collaboration. Multiple users can access software at the same time and see changes as they occur, which ensures that everyone has access to the most up-to-date information.
#4) Real-Time Insights
By operating in the cloud with real-time updates, QuickBooks Online always displays the most up-to-date, accurate information possible. Business owners are never on a delay, and they never have to wait for information to upload.
Related: The 6 Essential Financial Metrics Every Business Owner Must Know
#5) Detailed Reports
Accurate, up-to-date data in QuickBooks makes it easy to pull detailed reports anytime. A survey found that 84% of customers said it’s easier to understand their business finances with QuickBooks Online. It has robust options for creating custom reports, and you can use tags to track events, projects, locations, and other details that matter to your business.
#6) Cash Flow Reporting
Cash flow reporting is one of the most valuable reports in accounting software. In QuickBooks Online, you can use reporting to forecast 30 and 90 days ahead. This report is not available in the desktop version of QuickBooks.
Related: Operating Cash Flow Formulas Every Business Owner Needs to Know
#7) Hundreds of Integrations
Synced data streamlines workflows and leads to better, more accurate data and reporting. QuickBooks Online makes it easy to connect your tools and sync information. QuickBooks Online connects with 750+ apps. QuickBooks Desktop only connects to roughly 200 apps.
#8) Data Security and Storage
When using QuickBooks Desktop, you are responsible for the security and storage of your data. QuickBooks Online automatically saves and backups your data. The software also includes regular security updates to ensure your data is always safe and secure.
Related: 10 of the Most Common Bookkeeping Mistakes Small Businesses Make
#9) Scalability
Your business is going to grow, and your accounting software needs to be able to grow with it. QuickBooks Online has the ability to support your business as it scales and requires additional accounting support. With its robust feature list, QuickBooks Online will always be able to incorporate new financial reports and tools as you need them.
Switch from QuickBooks Desktop to QuickBooks Online
If you are currently using QuickBooks Desktop, you are not locked in. You can easily switch from Desktop to Online and keep all of your records and data without missing a beat. Talk to our team about how we can migrate your Desktop QuickBooks to QuickBooks Online.
Related: 6 Expensive QuickBooks Mistakes You Might Be Making
Get Better Bookkeeping With QuickBooks Online
Good books are good business. Good books on good software are even better for business.
If your software and bookkeeping process aren’t where they need to be, let’s talk.
CFO2U can migrate your books to reliable, scalable software and help you manage the monthly bookkeeping tasks that keep your records accurate and up-to-date. Learn more about our monthly bookkeeping services, and schedule a free consultation to learn more.
Make a plan to get your bookkeeping in order by downloading our free guide to help you get ready to hire the best bookkeeping partner for your business.
- 5 Serious Tax Problems Caused by Bad Bookkeeping - August 30, 2024
- What Type of Accounting Does My Business Need? - August 2, 2024
- Beneficial Ownership Information (BOI): What Every Business Owner Needs to Know - July 2, 2024
