Quickbooks is the leader in accounting software, but as technology continues to advance, it will become a thing of the past. With cloud-based accounting software and apps such as Gusto and Xero, there is no need for Quickbooks desktop. The article explains why you should move to the cloud, presenting some of the features offered in a cloud-based accounting software.
Why switch to Quickbooks for the cloud?
If you’re wondering why you should be using Quickbooks cloud hosting, here are a few reasons.
1. Online security
In the past, it was common to store all your data on your computer. This meant that if your hard drive crashed, you lost all your data. Cloud-based accounting software offers online security, so if something happens to your computer or the software, you can still access your data.
2. Backup and restore your data
Quickbooks desktop allows you to backup your data in case anything happens to your computer or software but cloud accounting software goes one step further by allowing you to restore your data from any location at any time. This also allows you to easily transfer your data from your old computer to a new one.
3. Synchronization between multiple computers
Quickbooks desktop allows you to synchronize your data between multiple computers. This is not possible with cloud accounting software.
4. Online access from anywhere
Cloud accounting software allows you to access your data online from any location at any time. You can also use your mobile device to access your data, which is especially handy for small business owners on the go.
5. Unlimited storage
With Quickbooks desktop, you have a set amount of storage space depending on the version that you buy but cloud-based accounting software has unlimited storage space. This means that you never have to worry about running out of space.
6. Access your data from anywhere
Cloud accounting software allows you to access your data from any location at any time. This comes in handy when you have to travel a lot and still need to keep up with your books.
7. Automatic backup
Cloud accounting software automatically backs up your data because it’s always online. This means that you never have to worry about losing any data.
8. CONVENIENCE AND AVAILABILITY
With cloud accounting software, you get the best of both worlds. You can still use Quickbooks desktop if you prefer the way it works but the convenience and availability of cloud-based accounting software is hard to beat. It’s available 24/7 which means that you can access it regardless of where you are and at any time.
The best Quickbooks for the cloud services
There are plenty of great online accounting programs out there, but the best Quickbooks for the cloud services are those that give you the most freedom. You should look for an online accounting program that gives you access to your data at all times and doesn’t put any limitations on how you can use it. You also want something with a simple interface that is easy to use and can be accessed on any device.
Quickbooks for the cloud services
If you’re not sure which accounting services are best for your business, we recommend checking out FreshBooks.com. They offer a 14-day free trial, so you can try it out before you commit. They have the best Quickbooks for the cloud services and their service is very easy to set up and use .
FreshBooks is an online billing software that allows you to invoice your customers and keep track of your time and expenses. It’s available on any device that has an internet connection, which makes it really convenient when you’re on the go. It’s one of the most popular online accounting programs out there, with over 4 million users worldwide, and their user interface is very easy to use even for people who aren’t very tech savvy.
FreshBooks offers a free plan
FreshBooks offers a free plan which allows you to send invoices, track time, and create estimates. While their free plan is perfect for some businesses, if you want to take advantage of all the features FreshBooks has to offer, then you should consider upgrading to one of their paid plans . Plans start at $19 a month and go up to $299 a month.
FreshBooks also offers various payment options including PayPal, all major credit cards, and even Amazon Payments. According to their website, they have over 150,000 customers around the world. They are trusted by 99% of their customers and have an A+ rating with the BBB.
If you are looking for more features such as payroll services, inventory tracking, item tracking, and business analytics, then we recommend checking out Zoho Books. Their service is very easy to use and has a user-friendly interface. It’s one of the most affordable online accounting programs out there and it’s definitely worth checking out if you’re on a budget or just starting out.
Zoho Books offers a free plan which allows you to send invoices, track time, create estimates and run reports. If you want to take advantage of all the features Zoho Books has to offer, then you should consider upgrading to one of their paid plans. Plans start at $12 a month and go up to $199 a month .
Zoho Books is trusted by more than 1 million businesses around the world. They are also trusted by 98% of their customers and have a BBB rating of A+.
Benefits of Quickbooks for the cloud
Easy to use
Great for both small and big businesse
Great budgeting tool
Integrated apps and services Disadvantages of Quickbooks for the cloud: Customer support could be better
If you are looking for an affordable and easy-to-use accounting software, then QuickBooks Online is a great option to consider. It’s one of the most affordable online accounting programs out there and it’s perfect for small businesses.
QuickBooks Online offers a free trial and all the features of QuickBooks Online are included in the free plan. If you want to upgrade to one of their paid plans, you can choose from 2 options:
If you want to learn more about QuickBooks Online, or if you are ready to sign up for an account, they have a website where you can quickly sign up for an account.
Wave is a popular accounting software that is used by more than 450,000 small businesses in the US.
Its main advantage is that it is very easy to use. In fact, most of their customers report that they are able to easily set-up and start using the software in just a few minutes.
Without a doubt, Wave has one of the easiest and most user-friendly software out there.
In addition, Wave offers a free mobile app that allows you to do everything you can do on the desktop version. The only limitation is that it doesn’t allow you to create or send invoices.
In order to use Wave, you first need to sign up for an account. Once you have signed up for an account, you will be asked to add your bank accounts and cards. Wave automatically pulls all the transactions from your bank accounts and credit cards.
You can add your expenses by creating an item from the main menu and then you will be able to manually add an expense or create a new transaction from the “+” button at the lower right corner of your screen.
Drawbacks of Quickbooks for the cloud
Quickbooks is one of the most popular accounting software for small businesses. It is used by more than 10 million small businesses in the US.
Quickbooks is not cheap. The basic accounting software costs $125 per month per user. However, if you compare it with other similar accounting software, Quickbooks offers a lot more features and functionalities.
Quickbooks is available in two versions: the cloud version and the desktop version.
The main difference between both versions is that the desktop version is installed on your computer while the cloud version is hosted online
If you choose to use the cloud version then you need to pay $30 per month per user with no transaction fees.
The advantage of using the cloud version is that you can access your business information from any device with an internet connection.
However, if you decide to use the cloud version, then you will have to deal with some drawbacks.
The main disadvantages of Quickbooks for the cloud are
1. You need a high speed internet connection. If your internet connection is not fast enough then you will encounter frequent sync errors.
2. You need to pay a subscription fee each month.
3. You need to be online when you want to access your data.
4. Your data is stored on their servers, so if Quickbooks goes out of business or if their servers get hacked then your business data will be vulnerable.
How to switch to Quickbooks for the cloud
If you decide to switch to Quickbooks for the cloud then there are a few things that you need to consider
First of all, you will need to create a new company file. You can either choose to convert an existing company file, or you can create a new one.
The advantage of converting an existing company file is that you don’t need to enter your financial data from the start.
However, the main disadvantage is that if there are any errors with the converted file then you will need to fix them manually.
To convert an existing company file, just go to File > Company > Convert QBO File.
If you want to create a new company file instead, then make sure that the date at the top of the screen matches your business start date.
Secondly, you will need to decide whether you want to use a desktop version of Quickbooks or a cloud version.
The desktop version has more features and is more powerful, but it also requires software to be installed on your computer.
The cloud version has fewer features, but it is easier to use and it’s easier to access your data from anywhere in the world.
Thirdly, you will need to decide whether you want to upgrade to Quickbooks Online Plus or stay with Quickbooks Online Essentials.
READ MORE: Why You Should Book Carpet Cleaning Services