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EmpireBytes > Blog > Featured > QuickBooks Online: The Essential Accounting Software for Small Businesses
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QuickBooks Online: The Essential Accounting Software for Small Businesses

With QuickBooks Online 's wide range of features, businesses can easily track their income and expenses, manage their payroll, and stay on top of their taxes

Caleste Ramsey
Last updated: 2023/10/31 at 9:19 AM
Caleste Ramsey 2 years ago
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QuickBooks Online is an online accounting software that allows businesses to manage their finances with ease. It offers a variety of features to help businesses track their income and expenses, create invoices, and manage their payroll. QuickBooks also offers a range of features to help businesses with their taxes, including tax deductions and automatic tax filing.

QuickBooks Online provides businesses with the tools to securely import transactions and organize their finances automatically. It also allows businesses to accept credit cards and bank transfers in their invoices with QuickBooks Payments, and get status updates and reminders. Businesses can easily share their books with their accountant or export important documents for tax deductions. QuickBooks Online also offers a variety of reports, including profit & loss, expenses, balance sheets, and sales reports.

Businesses can also take advantage of QuickBooks Online’s receipt capture feature, which allows them to snap photos of their receipts and categorize them on the go. QuickBooks Online also offers mileage tracking, which automatically tracks miles and categorizes trips for sharable reports. Additionally, businesses can get paid online or in person, if eligible, and forecast their cash flow and more—all in one place.

QuickBooks Online also allows businesses to accept credit cards anywhere and connect to e-commerce tools, as well as calculate taxes automatically. It also offers customizable estimates, and the ability to accept mobile signatures, see estimate status, and convert estimates into invoices. QuickBooks Online also makes it easy to assign vendor payments to 1099 categories, see payment history, and prepare and file 1099s from QuickBooks.

Businesses can also connect up to three online sales channels and automatically sync with QuickBooks Online. Additionally, the platform allows businesses to invite their accountant to access their books, control user-access levels, and share reports without sharing a log-in. QuickBooks Online also makes it easy to organize bills in one place, schedule payments, pay online for free, and choose how vendors get paid.

Pricing

QuickBooks Online offers several plans to meet the needs of small businesses and freelancers. The Simple Start plan is $30 per month, the Essentials plan is $60 per month, the Plus plan is $90 per month, and the Advanced plan is $200 per month. All plans include income and expense tracking, invoice and payment, tax deductions, and receipt capture.

The Plus and Advanced plans include comprehensive reports, inventory tracking, project profitability, data sync with Excel, employee expenses, batch invoices, and expenses, custom access controls, exclusive premium apps, workflow automation, data restoration, 24/7 support, and training, revenue recognition, and more. The Advanced plan also includes 25 users, bill management, enter time, and connecting all sales channels.

QuickBooks Online also offers Self-Employed plans for freelancers. The Self-Employed plan is $20 per month and includes features such as separate business and personal expenses, quarterly estimated taxes calculated automatically, automatic mileage tracking, tracking mileage, snap and store receipts, and seamless at tax time.

Ease to Use

QuickBooks Online offers tutorials, webinars, and a test drive to help users get started and become familiar with the software.

QuickBooks Online is the perfect solution for small businesses and freelancers who need easy and comprehensive accounting software. With numerous features and plans to meet every need, QuickBooks Online is the perfect solution.

Conclusion

QuickBooks Online is the perfect solution for businesses looking for a comprehensive accounting solution. With its wide range of features, businesses can easily track their income and expenses, manage their payroll, and stay on top of their taxes.

If you’re ready to get started with QuickBooks Online, use this link to save 30% off for 6 months.

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Caleste Ramsey October 31, 2023
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