Small to midsize businesses (SMBs) are always looking for ways to work more efficiently. It’s important when resources are limited and you’re working within a certain budget. This is especially true when it comes to accounting. Managed service providers (MSPs) and SMBs are all too familiar with the challenges of managing finances. Keeping your books up to date and exact is a priority and critical to the success of your businesses. As an SMB looking for easier and reliable resources to help simplify your day-to-day financial needs shouldn’t feel like a chore. This is where QuickBooks Online is the best marketplace solution!
So, what even is QuickBooks? And why do SMBs need it? Read on to find out how QuickBooks Online can help save your business time, reduce errors and so much more!
What is QuickBooks Online?
In the interest of running your business as smoothly as possible, QuickBooks is an accounting software that provides financial and business management tools to help with tasks like expenses, invoicing, etc. These features are designed to help save time and money. QuickBooks Online is a cloud-based version and doesn’t require software installation. There are multiple subscription levels available to suit the needs of all types of SMBs such as: Simple Start, Essentials, Plus and Advanced. The online version allows MSPs and SMBs to manage the accounting aspects of their business from anywhere at anytime.
Working in the cloud also supports connection to third-party apps and business services, putting everything in one place for all your accounting needs.
Keep your financials organized from anywhere
QuickBooks Online allows MSPs and SMBs to access financial information from anywhere they have a web connection using secure login credentials with access synced across all devices. It’s extremely common for SMBs to manage multiple vendors who bill at different cycles. This makes things prone to falling through the cracks. Using QuickBooks Online, you can be confident that all your bills are paid on time and in full so you can focus on what matters most – your clients.
QuickBooks Online offers four plans from accounting basics with the Simple Start plan to Advanced which includes dedicated support. Each plan has a variety of added feature options for a customized experience that essentially grows with you.
Some key QuickBooks online features include tracking income and expenses, organizing receipts, invoicing and accept payments, maximize tax deductions, send estimates and run reports. Each of these tools provides you with real-time statistics on how your business is doing, avoid surprises by easily tracking cash flow, track invoice status, send payment reminders, and match payments to invoices, automatically and create professional custom invoices with your logo that you can send from any device.
Create peace of mind
Accounting software is essential to the success of every MSP and SMB. More than ever, avoiding the stresses of accounting and staying ahead of the game with taxes – having a solution that can grow with you. In the long run this means more money, less work and complete confidence for SMBs. From a growth perspective as your business goals are achieved QuickBooks Online is prepared to grow with you helping you make smarter business decisions, increasing cash flow, and creating a network of the right team to help further expansion.