Automation is Everywhere: Can QuickBooks Online Help Lighten Your Workload?

Streamline Your Workday with Business Automation

In today’s world, it can seem like everything has gone virtual. However, as new technology develops, many aspects of our lives can get easier through automation- including managing your business. Investing in updated business automation software can save you time and money in the long run.

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What Is QuickBooks Online (QBO)?  

QuickBooks has been a trusted name by accountants and business owners alike for years. Now, QuickBooks Online, the latest version of QuickBooks, offers business owners more options than ever to manage their business. While traditionally, QuickBooks software was downloaded to your computer, the new QBO option is based online, enabled with cloud-based data backups.  

Why Choose QBO Over the Traditional QuickBooks? 

QuickBooks Online comes with numerous benefits when compared to the traditional QuickBooks:  

  • Web-Based Security: QBO is routinely updated throughout the day to provide the most secure experience possible. Data is backed up every two hours to ensure the safety and security of your data. 
  • Ease of Access: QBO can be accessed from anywhere, even your cell phone. Checking in on your accounts or working from anywhere has never been easier. 
  • The Bank Feed: QBO now supports external banking apps, meaning you can connect your bank account, or even PayPal account to handle finances right in your QBO account.  
  • Ease of Use:  Say goodbye to the days of adding journal entries, or recording all the transactions for the month. With QBO, many processes are streamlined. For example, the new “Ask My Accountant” function allows you to place items you are unsure how to categorize in a separate area to review with your accountant at the end of the month.  

Ready to Make the Shift?

Now is a great time to consider updating your business to QuickBooks Online. If you have questions about making the jump to QBO, please contact the Client Advisory Services team at Rea & Associates to learn more about how QBO can serve your business.  

By Matt Long (Wooster Office)