QuickBooks Online, which uses Cloud computing to connect to the internet, gives you real-time, always-up-to-date insight into your company’s financial standing. QBO is great for a wide variety of tasks, including but not limited to those related to inventory management, sales channel management, invoicing, order fulfillment, order tracking, and even financing, depending on the version you choose to employ. Depending on the version and accompanying software, you can also manage marketing and customers, monitor purchase orders, settle bills, handle tax obligations, monitor hours worked by yourself and your personnel, and calculate and pay wages.
You can access your accounts and run reports on your transactions from any location at any time using the “reports and trends” feature. Your financial advisor can view the same data that you do, in real time. QBO is typically the best option in today’s frantic, fast-paced corporate world. The minimum list of high-level, measurable advantages of converting quickbooks desktop to online includes:
- Greater Accuracy,
- Time Savings,
- Opportunity for Coordination
What is QuickBooks and how does it work?
QuickBooks is a well-known piece of accounting software that streamlines bookkeeping processes and aids in the management of financial resources for businesses. By Converting quickbooks desktop to online, you can keep tabs on a wide range of financial data, including earnings, expenditures, stock levels, and employee pay.
You can manage your company from any location thanks to its convenient sophisticated features, such as remote invoicing and payment processing. QuickBooks is available in two formats: a desktop version that you download and install on your hard drive, and a web-based version that you can access from any web browser.
Here Are Five Good Causes To Make The Change To Quickbooks Online
Quickbooks Online is a web-based accounting service that requires a login and password to access. It can be accessed from any location and by any internet-connected gadget or program. The desktop is not a cloud service. You need the right version of Quickbooks Desktop installed on your computer or server in order to open the files, and you can only open the files if you have Quickbooks Desktop. In order to access all of their different client’s copies of “their” Quickbooks, businesses who utilize Desktop generally have to save numerous versions of the program on their server (which they must pay for) or on each employee’s computer (which generates many file versions).
The monthly subscription for using this online software can seem steep to the business or client that is paying for the service. A company will need to invest several hundred dollars per edition to ensure they have access to all client Desktop files, and they will also need to continue to invest in newer versions every few years to ensure they have the most up-to-date client files and support. For all employees to share files, it is necessary to host Desktop on a distant or internal server, which adds to the budget. On its own, this often costs more than the $25 per month that accounting businesses pay for the wholesale version of Quickbooks Online.
Over 300 other programs can communicate with Quickbooks Online right now. There are a plethora of payment processing apps available, such as Shopify, Expensify, Bill.com, Square, and many more. Some popular programs and bank feeds can be integrated with Desktop, although these possibilities are restricted and frequently hampered by the need for a server, which is used by many businesses to store their data. Furthermore, primary focus is on their online product, which means that Desktop application development will lag much behind what is available with Quickbooks Online.
Professional bookkeepers and accountants occasionally rely on assistance. It has been our experience that online help is generally more helpful than desktop help. Quickbooks Online has a built-in help module where you can type in your query and get it answered by a support agent in minutes, without having to wait on hold or worry about a language barrier. Quickbooks Online has excellent customer service since their agents are well-versed in the system and quick to respond to any issues that may arise. Since your file is stored in the cloud, they have constant access to it. In contrast, if you’re having trouble with your desktop computer, you’ll need to phone an 800 number and describe the nature of your problem to a representative who is located in another country and so cannot view your file.
The Desktop is the only place where this can occur. Have you ever gotten a warning that your “balance sheet is out of balance” or discovered that your AR balance did not match the AR detail report? You may believe this is impossible in dual entry accounting, however it is conceivable if your file becomes corrupted due to inappropriate use or sharing. In the cloud, this will never happen to your Quickbooks data. Nobody can ever corrupt them or throw them off kilter.
Exactly how long are you going to wait? If you haven’t already made the switch to import qb desktop to online, now is the time to do so. To ease the transfer of converting quickbooks desktop to online, Saasant provides a conversion solution. To learn more, get in touch with us today!