The market is flooded with accounting software as of today. But when it comes to startups COTS – Commercial-Off-The-Shelf accounting software is the right choice to go with. QuickBooks is one of the most popular accounting software that falls under the COTS category. It has a base of 7 million users worldwide with years of expertise. Intuit, the developer of QuickBooks offers two main QuickBooks products: QuickBooks Desktop and QuickBooks Online. The desktop version is installed on a local computer, whereas QuickBooks Online is hosted on Intuit’s secure cloud servers and is accessible from any computer, tablet, or smartphone with an internet connection. The online version is better suited for a remote working environment and real-time collaboration. Business who needs industry-specific features that are present in the desktop version, they need to use QuickBooks Cloud Desktop Hosting which would offer them similar features and security like QuickBooks Online.
Benefits Of QuickBooks Online for Startups
- QuickBooks Online is easy to use.
QuickBooks Online has been developed with a user-friendly interface. Its user-intuitive navigation makes the software easy to use and understand when compared to others such as Sage or NetSuite. QuickBooks Online is easy to set up and implement in the business too. QuickBooks Online can be used within the first day. The data migration and setup take only a few days as compared to the months taken by its competitors.
QuickBooks offers video tutorials and written notes, that can help and assist the users on how to use the platform if stuck anywhere. Users can also contact the QuickBooks professional support team for any technical support through video chat, online chat, email, or even call.
- Popular amongst bookkeepers, accountants, and finance firms.
Most of the startups outsource bookkeeping. They take up a finance firm, bookkeeper, or accountant to work with, that’s where QuickBooks Online comes in. It is widely used by all the accountants and bookkeepers, which makes it easy for them to work with as they know the software already. If they aren’t known to the platform chosen by the business, the data will be filled with a lot of errors or missed opportunities.
Also, as you know QuickBooks is well established and is a popular choice among accounting professionals, it becomes easier to find accountants who are experts in using the platform and can help manage your business accounts with efficiency.
- QuickBooks Online stores all the data safely on the cloud.
Instead of being limited to a particular computer, QuickBooks Online enables users to access all the financial data from anywhere in the world, making it well-suited for startup teams working remotely. The accountants can also access the financial accounts from anywhere, which means that the business is not constrained to a local accountant. All they need is a login id and password, which will grant them access to the company file. The QuickBooks Desktop version can also be used with Cloud Desktop Service, which would store all the data over the provider’s secured servers and datacenters.
As you see, these were the benefits a startup gets when using QuickBooks online. Apps4Rent provides reliable services for products like QuickBooks Online with 24/7 professional support and maintenance. Not just QuickBooks Online, they also provide other services like Exchange Online Migration with reliable end-user support.