Cloud bookkeeping software is changing the game. The ease of access, ability to make changes wherever you are, the flexibility… there are plenty of reasons to take your bookkeeping to the cloud.
More and more everyday processes are moving to the cloud. As such, there are plenty of cloud bookkeeping platforms which you can use to enjoy the benefits of cloud bookkeeping.
There’s only one question: which one’s best for you?
Introducing the new-and-improved QuickBooks
Last time, we introduced Quickbooks, the “new kid on the block” in the cloud bookkeeping world (well, “new” compared to names like Xero and MYOB).
Once a desktop-bound piece of software, the latest iterations of QuickBooks have traded in their desktop limitations for the freedom of the cloud (click here to get caught up).
Since making the leap to the cloud, QuickBooks is able to offer the unparalleled flexibility and ease-of-access characteristic of cloud bookkeeping.
So, should you choose QuickBooks? Depending on your answer to these questions, the answer might be “yes!”
Not all cloud bookkeeping software was made equal!
While they might be broadly similar, where they differ is in the details. There are a couple of other unique features QuickBooks brings to the table that few other platforms offer.
Surprisingly, at the time of writing (early 2019) very few cloud bookkeeping platforms offer out-of-the-box integration with online shopping and ecommerce systems.
And with around 7.2% of all retail sales made in 2019 so far being made online, that’s a major oversight!
Unlike other platforms, QuickBooks allows you to create online invoices. This is unlike other platforms, which (at this stage at least) require you to manually create a new invoice for online purchases and sales.
Another advantage is inbuilt mileage-tracking. Combining GPS tracking and Google Maps integration, QuickBooks calculates mileage in real-time and offers accurate estimates of fuel consumption and associated deductions.
Sure, they aren’t major differences. As you know however, every minute is precious - this small change can add up over time!
It’s great for sole-traders
Not all businesses need a whole suite of bookkeeping features. Case-in-point: sole traders. As a one-person show, many of the standard bookkeeping features simply aren’t needed.
The problem is that not all cloud bookkeeping software has a package for these needs - you might end up paying for features that are completely irrelevant for your business.
Good thing QuickBooks has you covered!
Unlike Xero and MYOB, QuickBooks offers a stripped-down plan for self-employed and sole traders.
QuickBooks Lite as it’s known comes with all the bookkeeping essentials a sole trader might need:
- Sorting expenses as personal or business
- Receipt storage & processing
- GST tracking
- QuickBook’s unique mileage software
Best of all, you can enjoy all of these features for an affordable $10 a month, with the first half a year going for $6.99 per month!
People respond differently to problems. Some people can figure it out based on a text tutorial. Others need a real person to guide them through the process step-by-step.
If you fall into the latter category, QuickBooks might be just what you need.
As one of the biggest names in bookkeeping, QuickBooks has a large support network - a legacy of its former dominance in desktop bookkeeping. QuickBooks offers a dedicated phone support line, who can guide you through your problems.
And that’s on top of their huge library of online resources.
Hop aboard the QuickBooks train with Maximum Business Solutions
Let us set up your cloud bookkeeping software
Looking to make the jump to the cloud? Haven’t the foggiest idea where to start?
We can help!
At Maximum Business Solutions, we specialise in providing cloud bookkeeping solutions. We’ve seen first-hand the potential cloud bookkeeping offers, and provide complete setup and training services.
Get in touch with our team of experienced Melbourne bookkeepers today to find out how cloud bookkeeping can take your business to the next level. Call us on (03) 9589 0128, or click here to organise a friendly chat!