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
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.