So, you want to know why you should consider switching to QuickBooks Online? Choosing an accounting solution can be a very complex process for any business. There are many factors to consider when determining which accounting solution will be a best-fit. Equally, some of these decision points are obvious, and others you wouldn’t even think to examine. Nonetheless, failing to assess these elements in your determination may result in a sizeable commitment without reaping maximum benefit. You can also find yourself overpaying for features that you do not need. Therefore, before you consider switching to QuickBooks Online, make sure you review the feedback from our expert ProAdvisors. 

Considering the Right Solution for Your Business

Explaining how to choose the right solution for your business is nearly as tough as the decision itself. Because every business is unique, along with it’s own challenges and goals, there is no one-size-fits-all solution.

Additionally, it is impracticable to determine what all of your future business needs will be and when you will need them. You may be able to forecast a few needs based on your growth timeline/trajectory, but not all of them.

Our experts recommend making a list of the most important checkboxes that your chosen solution needs to tick. Next, you will list-order them from most important to least important, and get your accountant’s input on your list-order. Once you have made your list, compare your list with the product specifications of all the solutions you are considering. It is often helpful to make copies of your list so you have one copy per solution. Be sure to list out any other costs associated with add-ons, upgrades, downgrades, and even making an exit. This is the best way to determine the right solution for you at your current point in time.

But what if you are starting to outgrow your current solution or your business needs change? What if you think another solution may be a better fit?

Considering a QuickBooks Online Solution

So, you’ll consider switching to QuickBooks Online. Well, if that is the case then there are a few things you should know. With QuickBooks Online, there are several key benefits that correspond with all tiers of this product suite. These particular key benefits are reported to be the most important/popular with QuickBooks users. Because of this, we posted them here so you’ll be exposed to them first. If you’re not interested in any of these features then QuickBooks Online may not be a good switch for you. Otherwise, we encourage you to continue reading on. Either way, our recommendation is that you Talk with an Expert and determine which solution is right for you.

QuickBooks Online key benefits:

Additionally, there are many more process-oriented benefits that intensify the allure of switching to QuickBooks Online, which we’ll discuss.

Benefits of Switching to QuickBooks Online

The Facts

• 3 out of 4 customers feel they get more work done with QuickBooks Online vs. QuickBooks Desktop
• 3 out of 4 customers feel QuickBooks Online is a better fit for their business
• 3 out of 4 customers would recommend QuickBooks Online to their friends
• As of 2017, there were over one million small businesses benefitting from using QuickBooks Online

The Details

QuickBooks Online gives you more freedom to run your day — your way. Speed, simplicity and flexibility all come from working in the cloud, with less data entry and real time collaboration with your tax and accounting professional. Get paid twice as fast, work from anywhere, and get answers anytime!

So, if sipping Mai Thai’s on Kaʻanapali Beach while processing your payroll suits your fancy, then QuickBooks Online is your savior!

Moving to the cloud and leveraging small business apps automates and simplifies back-end operations. QuickBooks Online can solve many complex needs like accounting, invoicing, and managing customer relationships. When you sync Apps to QuickBooks Online, all the business software works together, and data is entered only once.

Let automation do more of the work for you – so you can do more sipping and less clicking!

Features Only Included in QuickBooks Online

This is a list of the features that are only included in QuickBooks Online.

• Activity Logs: Logs that allow tracking of all amendments to business data, along with the associated user.
• Automated Bank Transaction Downloads: Setup automated downloads of bank transactions.
• Automatic E-reporting: Setup automated email transmissions of financial reporting to specific users at specified frequencies.
• Delayed Customer Billing: Allows customer invoices to be created and tracked later.
• Location & Class Tracking: Better analyze your business via class creation and departmental account balance tracking.
• Sales and Invoice Automation: Automate the sending of separate or batch invoices.

QuickBooks Online Feature Comparison Chart

Final Thoughts

Because QuickBooks Online is cloud-based, our experts especially recommend it for business owners that are on-the-go! The reason why we recommend it for on-the-go business owners is because QuickBooks Online can be accessed from anywhere and on any device with an internet connection.

Out of the Box Technology is an Elite QuickBooks Solution Provider (QSP). We provide our clients QuickBooks products and end-to-end Business services and Data services through our talented team of ProAdvisor Advanced Consultants, possessing over 360 years of combined QuickBooks experience. Out of the Box Technology’s motto is “Anything + Everything QuickBooks, It’s really that simple.” Contact us and let us show you how simple it really is! And don’t forget to check out our Company Blog for Free Resources, valuable How-To’s, and TONS of frequently added QuickBooks content!