One of the various editions of QuickBooks includes QuickBooks Online. Developed by Intuit, QuickBooks Online is the most widely used accounting software for small businesses.
An individual who owns a restaurant, retail store, boutique, clothing shop, etc., can be able to manage their business with ease and flexibility, once they start using the QuickBooks Online business software.
QuickBooks Online is an easy-to-use software that requires no installation at all. You simply have to run the software on your desktop computer and everything gets stored in the cloud. You can also easily access all the necessary and critical information from anywhere. Everything is secured with user credentials so that the data is not compromised.
Intuit QuickBooks Online support & Help
There are some of the major capabilities of QuickBooks Online business accounting software for entrepreneurs. Let’s see them given as follows:
QuickBooks Online provides an interesting feature in this edition of their accounting software. Entrepreneurs can automatically schedule their transactions, which can be sent at a later time. While also making them able to view and store details of every transaction, QuickBooks Online can make your business empowering.
You may not believe this but, it is true. You can actually send documents, signatures, images, etc., in your attachments. You can send these attachments using your desktop computer. You can also upload attachments in QuickBooks Online when you are using your smartphone or tablet as well.
You can track changes using QuickBooks Online accounting software on your desktop computer or other devices. The software contains an Audit Log that allows you to track changes and review actions which occurs over time. The changes could be anything that is related to your business, inventory, products, transactions and much more. This lets you keep an eye on what’s going with your business.
Tracking by location labels
QuickBooks Online provides business owners with another feature that allows them to transactions with your bank through location and class. The software also includes various location labels.
Customisable data input
You can store your customers’ details on QuickBooks Online for records. Also, you can change the label for naming your customers in your records. The software application provides you with a couple of re-labelling options which you can choose from for entering details of your customers.
Downloading banking transactions
It’s easier to download your business’ transaction details from your bank. This is possible since you can merge the application directly with your financial institution. You can download transaction reports every day. You can also schedule the downloading task to execute at a defined time.
QuickBooks Online invoicing with Gmail to customers
QuickBooks Online lets you invoice your customers through your Gmail service and with the help of QuickBooks Online software. This is to ease you with receiving payments from your customers. You get access to viewing invoice details on your Gmail, including your customers, products, and services. It’s very simple to use.
Efficient budget entries
When you are relieved from the difficult burden of manually budget entries, you will surely feel at peace. QuickBooks Online lets you calculate entries accurately and quickly, thus, saving you lots of time. It also allows you to view and edit your budgets and access budget-related reports from the user-friendly interface.
Using management reports in QuickBooks Online, you can prepare a package of reports, similar to providing a book of reports, usually in the digital format in order to be viewed easily on computers and devices. It contains templates with customizable content and consolidated into a single document.
Simplified tax season
QuickBooks lets you manage your tax season as well. It saves you a bunch of time in filing your tax reports. The online business accounting software details all the information that is required for filing the 1099 Transaction Detail Report.
System Requirements for operating QuickBooks Online on your desktop computer
If you are planning to use the QuickBooks Online accounting software for your business, here are some technical details for installing and operating the software on your desktop computer.
Operating system platform: Microsoft Windows 7, 8, 8.1 Pro, 10 (32 and 64-bit architecture), Apple Mac OS X 10.11 or later.
Processor: Intel Core i3 processor or later generation processors.
RAM: At least 2GB. For better performance, use 4GB memory.
Display: A minimum screen resolution of 1366 x 768 is required for better display.
Software: Requires web browser – Internet Explorer, Microsoft Edge, Firefox, Chrome and Safari.
Requires an active high-speed internet connection for operation.
Printer for printing out hard copies of data and records from your computer.
These are common requirements, both software and hardware, for the proper functioning of QuickBooks Online. These days, desktop computers and laptops are often manufactured with the above-said software and hardware peripherals. So, there is no need to be worried. Of course, you can also upgrade your old computer instead of purchasing one.
QuickBooks Online is indeed, a significant accounting software for small businesses. To save time, it provides flexibility work from any location, while accessing QuickBooks Online from your device and viewing information.