QuickBooks Online For Dummies. David H. Ringstrom. Читать онлайн. Newlib. NEWLIB.NET

Автор: David H. Ringstrom
Издательство: John Wiley & Sons Limited
Серия:
Жанр произведения: Программы
Год издания: 0
isbn: 9781119817291
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      Just to make sure we’re on the same page here, I’m defining the cloud as software and data housed securely in remote data centers (not on your office premises) and accessed securely over the internet. Working in the cloud can increase your efficiency by offering you the opportunity to work anywhere, communicate easily with others, and collaborate in real time. Further, your data is backed up automatically, which can help you avoid disasters such as fire or flood, which can take out not only your workspace, but also your accounting records.

      

Regardless of whether you use QuickBooks in a browser or in an app, both the software and the data are housed on servers controlled by Intuit and accessible via the internet.

      Historically, we bought software and installed it on our computers, or we bought the software and installed it on a vendor’s server. However, QuickBooks Online and QB Accountant fall into the category of Software as a Service (SaaS). You don’t buy SaaS software; instead, you rent it by purchasing a subscription.

      You typically access SaaS software such as QuickBooks over the internet by using a browser. A browser is software installed on your local computer or the mobile device that you use to … well, browse the internet, looking up cool stuff like what the stock market is doing today, what kind of weather you can expect on Friday (when your vacation starts), how to get to your boss’s house for the party they’re having, and — yes — how to work with web-based software such as QuickBooks Online.

      SHOULD YOU MOVE TO THE CLOUD?

      Before you decide to move your accounting records to the cloud, you should consider the needs of your business in the following areas:

       Invoicing, point of sale, electronic payment, and customer relationship management

       Financial and tax reporting

       Budgeting

       Time tracking and payroll

       Inventory, job costing, and job scheduling

       Management of company expenses and vendor bills

      Beyond the advantages described in this section, the needs of your business may dictate whether you can use QuickBooks Online. The platform won’t work for you if your business has industry-specific needs or is midsize, for example. In addition, QuickBooks Online won’t work for you if you need to do any of the following things:

       Track your balance sheet by class.

       Track labor costs.

       Manage a robust inventory that supports making and selling finished goods.

      In any of these cases, you’d probably be better off with Intuit’s desktop-based QuickBooks Enterprise or perhaps QuickBooks Premier.

      

Some folks see the “anywhere, anytime” feature as a potential disadvantage because it makes information too readily available — and therefore a target for hackers. Rest assured that Intuit stores your data on servers that use bank-level security and encryption, and it backs up your data for you automatically.

      In addition, web-based software like QuickBooks promotes collaboration and can help you save time. Accountants, bookkeepers, and clients can communicate about issues that arise, as described in Chapter 16.

      

Because updates occur so frequently in QuickBooks, by the time this book is published, some features (and screens) may have changed. Make that will have changed.

      

My technical editor extraordinaire Dan DeLong has created a free QuickBooks Chooser chatbot that will help you choose the right version of QuickBooks Online based upon your specific business needs. Check it out at https://sob.drift.click/QBChooser.

      Embracing QuickBooks Online

      IN THIS CHAPTER

      

Understanding QuickBooks Online subscriptions and their costs

      

Examining ways to meet payroll needs

      

Switching from QuickBooks Desktop

      

Taking a tour of the App Center

      QuickBooks Online and QuickBooks Online Accountant are cloud-based accounting software programs. Actually, it’s more apt to call them accounting ecospheres, because as you’ll see throughout the book, you can layer on functionality with add-ons from Intuit and third-party developers. In this chapter, I help you determine which version of QuickBooks fits your needs best from both functionality and cost standpoints.

      QuickBooks Online is available at five price and functionality levels:

       Self-Employed

       Simple Start

       Essentials

       Plus

       Advanced

      All versions of QuickBooks Online have three features in common:

       You can use a tablet, Android or iOS smartphone, or desktop computer to access your data.

       Your data