Accounting in the Cloud

A new breed of online financial management applications has emerged recently for business owners to take advantage of the technology to develop their business in the Web. Now entrepreneurs can become more comfortable with the “software in the cloud” model and tap into the inherent benefits it offers, from productivity to more sophisticated analysis.

The best small business accounting software – like QuickBooks – is designed for people who are unfamiliar with accounting. Just enter details of customers, suppliers, sales and expenses. Your accounting software does the rest, generating invoices and reports so you can understand your business.  Entry-level business accounting software offers basic features to save you time – and if you choose a package like QuickBooks, you can always upgrade as your business grows.

QuickBooks online accounting software is now seen by both business owners and accountants as a more effective and efficient tool in most modern small business. Whether you’re on a Mac or a PC, using QuickBooks Online is as easy as visiting a website. Since it’s completely web-based, you never have to install or download traditional software, or worry about operating-system compatibility—you just launch your web browser and go. In addition, switching to online accounting is simple—QuickBooks Online imports your existing customer contacts from Microsoft Excel®, Outlook, or Gmail. And the software is capable of facilitating bill payments, electronic checks issuance, digital invoicing, or customer credit verification.

Intuit also has its own desktop software to provide tailored applications for businesses offering true integration with banking, invoicing, billing as well as greater robust ways to analyze performance. QuickBooks is less fiddly than complicated spreadsheets and much faster than manual bookkeeping. Isn’t it time to give it a try?

This post is a guest blog post from one of our supporters.

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