Are you looking for a bookkeeping and accounting system for your small business? Many entrepreneurs like you are already using QuickBooks Online. Several owners use this because it is easy to install and use. It also simplifies bookkeeping tasks that allow them to focus on managing their companies.

These are some of the advantages of QuickBooks Online that may make you decide on using the software for your growing small business.

You Don’t Need to Backup Files in Your Computer

Some programs still require you to have backup files stored on a computer. One of the benefits of QuickBooks Online is that you don’t need backups on your computer anymore. The program saves your files for you automatically. Your data is safely in QuickBooks Online’s servers. You won’t have to worry about misplacing hard drives or USBs, damage to files caused by natural disasters, or theft.

Receive Electronic Payments

Electronic payments simplify your bookkeeping and accounting process while making it easier for your customers to pay. QuickBooks Online provides you with this feature. You no longer have to do things such as inputting payments and processing checks manually. This feature allows you to process credit and debit card payments and bank transfers easily. An electronic payment system improves customer satisfaction and is a worthwhile business investment.

Create Reports Anywhere

Since you’ve stored your financial data in the cloud, you can access and create reports wherever you may be and whenever you need them. This convenient feature allows you or your employees to update your accounting books when making decisions. You don’t have to be in the office to review reports, you can be in another city or country and still be productive.

Simplify Inventory Monitoring

If you own or rent a warehouse for your small business, you’ll need to track inventory. With QuickBooks Online, you can do this task easily. You can check if your inventory is at the right number and if anything is missing. You can also update instantly when you send products to customers.

Shared Data

This cloud-based system allows you to share financial data to multiple users. You can share information to selected employees or virtual bookkeepers who update your books. Provide them with the login credentials and they’re all set to do their work. You can also upgrade QuickBooks Online so that users can simultaneously use the program’s various aspects. You don’t have to worry about security even if you provide access to multiple users. The system has layers of protection to prevent data loss and theft.

Send Invoices to Customer Automatically

With QuickBooks Online, you can send invoices to customers automatically. You can still mail paper documents, but that takes time and may encounter delays. QuickBooks sends statements to your customers’ email addresses. This reduces the possibility of payment delays because a customer can get their invoice instantly.

Excellent Customer Support

You get excellent customer support with QuickBooks Online. You can consult with their online support team to answer queries, solve program or feature problems, for upgrades and add-ons, and if you want to add new users.

The advantages of QuickBooks online (as mentioned above) make it a worthwhile investment for growing small businesses. If you need help with updating your books, you can reach out to us at Robookkeeper. Send us an email via [email protected]. We offer first-rate outsourced accounting services for small businesses.