Monday 15 August 2011

Online Accounting Software Review - QuickBooks Online

The phrases "online accounting software" and "Quick Books Online" are practically synonymous with one another. Over the past several years, Quick Books Online has won several Editor's Choice Awards from PC Mag over other online accounting programs. Although it does not contain the inventory features that a Point Of Sale program might have, it does combine financial tools with a simple-to-use interface that demonstrates excellence at each turn. Many consumers are impressed by the unexpected features the online version has, including its ability to perform automatic invoicing and location tracking. This online business software also offers an unprecedented level of customization.

In professional and consumer written reviews, the primary advantage of this software over other online programs is that it is much more comprehensive in its approach to accounting. The financial tools are designed to focus upon six different areas: company, customers, vendors, employees, banking, and reports. The administrator portal of the software allows quick reference access to a chart of accounts, a log of user activity, recurring transactions, and budgets. The customer related tools and data will also serve an uncomplicated business in several positive manners. You will be able to customize certain elements, such as forms, permissions, and online payment protocols.

When acquiring this program you will be able to import customer related data from Gmail (which is an unusual feature), Outlook, and Excel. You will also be able to build and customize your own client lists and records. Other online software allows you to do this as well. However, in consumer written reviews, the forms used were found to be more comprehensive and thorough than those of the competition. Other pros of this software include a plethora of functions and exceptional functionality. It also contains inexpensive payroll features and free online support and mobility.

For all of its wonderful features, this online accounting software does have some minor drawbacks. For example, it does not contain an online bill pay option. It should be noted that it only has one payroll option. Other complaints regarding QuickBooks Online were centered around its lack of customer and vendor records and its lack of outside integration. Overall, it is believed to be an excellent choice for serviced based businesses, due to its simplicity and mobile access to purchase tools and data. Furthermore, its intuitive interface has won numerous accolades amongst consumers and business professionals.

2 comments:

  1. As the world gets more modernized, Internet has also evolved its service. Businesses have also used this service to keep track of their business records and transactions. This has been one of the most practical choices that they could pick to dance along the melody of modernization.

    online accounting software

    ReplyDelete
  2. Business owners now a days are using software to make their work easier and because of this managing their respective businesses will be a walk in the park...

    restaurant system

    ReplyDelete