QuickBooks is the most utilized software by small businesses. Users prefer it because it is easy to understand and use. QuickBooks provides one dashboard that contains all the exclusive features that are convenient to access.
When choosing accounting software, automation is a primary factor to consider. QuickBooks allows you to automate invoices and custom quotes to receive payments faster. It offers the reporting feature that helps to create custom reports to make your business confident for tax time.
Features of QuickBooks
Here are some of the most exclusive tools of QuickBooks:
1. Handles Foreign Currency
If your business often deals with foreign clients, this software is the best to opt for. It provides a cost-effective way to handle and manage your local and international payments, so you don’t have to worry.
2. Online-Based Application
You may face issues of compatibility of various software. You cannot integrate certain applications with your current operating system. But QuickBooks Online Advanced does not require any installation. You simply have to sign in with your web browser.
The software is cloud-based so that you can access the information from any place and time. Run your business easily on your smartphone, tablet, or P.C. with QuickBooks online.
3. Switch to QuickBooks Easily
If your bulk data is stored in a spreadsheet, you might feel overwhelmed when switching to new accounting software. No worries! QuickBooks will automatically transport your crucial data from M.S. Excel and even from Outlook or Gmail.
4. Get Analytics of Your Business
QuickBooks records your profit and loss every day. It will display the analytics and insights that include:
- How much did revenue did you generate?
- How much did you spend?
- What are your improvements as compared to the last year?
Pricing: QuickBooks offers three major plans with different prices ranging from $199.99 to $1,275 per year.
In conclusion, we would like to give it 8 out of 10 points. There is no doubt that QuickBooks online is the best accounting software for small businesses. But if your business is expanding, then your needs become more diverse. Therefore, QuickBooks is not a wise choice for a company established on a big scale because of its limitations.