In today’s fast-paced tech world, we have seen an explosion in online accounting software options. The major market share winner has remained with the Intuit giant and QuickBooks Online (QBO). The various subscription levels offered by Intuit — from Simple-Start to Advanced — offer a wide variety of businesses access to this user-friendly software, while still only paying for the tools they want. Here are some things that all business owners can do to get the most out of their QBO subscription at any level.
- Use the bank feeds feature: This allows you to link most major banks and credit card accounts directly to QBO. This means less data entry for you and more up-to-date financial reports.
- Quickly find important information with interactive graphs: The “Business Overview Dashboard” gives you a quick snapshot of your company performance for the last 30 days. All the graphs are linked, so for example, if you want more detail about what customers haven’t paid yet, all you need to do is click and QBO will take you to your list of past-due invoices.
- Use the mileage tracker: Business owners are always on the go and keeping track of mileage is just annoying! QBO has an integrated GPS-enabled mileage tracker to allow business owners to simply swipe to record mileage as business or personal. At the end of the year, QBO gives you a report that meets all the IRS requirements for a mileage log.
Want to know more about these features or others ways to get the most out of your QBO subscription? Give one of our QuickBooks ProAdvisors a call.