QuickBooks is an accounting software that assists in organizing financial data. Tasks such as invoicing, bookkeeping, billing and reporting financial data are made more efficient and easy. QuickBooks is now offering cloud based accounting services. This will assist in the management of your online accounting activities, it makes the sharing of data easy, secure, back-up available and always keep current. An internet connection is required for any activity with the online services. This tutorial covers how to sign up and get started with intuit cloud QuickBooks service. Click here to go to the homepage.
Click on the “Start Now for Free” to sign up for an account and get access to the online QuickBooks services. Clicking on the button opens a page where you choose the plan you prefer to use. Three plans are available; the QuickBooks Simple Start, the QuickBooks Essentials and the QuickBooks Plus. A 30 days trial period is available for each plan. For paid subscription, credit card information is required for billing.
I will sign up for the QuickBooks Simple Start which offers me creating invoices and estimates, downloading of bank transactions and mobile data access. This plan costs $12.95 per month. No credit card is required for the registration. I will sign up for the free 30 days trial.
One is then requested to add payroll service to the plan at a cost of $31.20 per month. I choose not to enroll for the service.
A page opens where you enter your credentials. A valid email address is required for this process. Use a user ID and password that you can remember as these will be required while signing in to your account. Click on get started to create the account.
A login page opens. You are to enter valid credentials of your account.
Then loads the online QuickBooks application. From the Home tab, there is a To Do List to get your account optimized. One of the task is linking to your account with a credit card. Also offers tutorials on how to get started and getting around your QuickBooks.
The Company tab enables to access the Chart of Accounts, Sales Tax, Preferences, Activity Log, Manage Users, Lists, Import QuickBooks Desktop Data, Import Data and Export Data.
The Customers tab enables to access Customer Center, Sales Receipt, Income List, Invoice, Receive Payment, Accept Credit Cards, Refund or Credit, Products and Services List and Customization of Printed Forms.
The Vendors tab enables to access Vendor List and Manage Bills.
The Employee tab enables to access Employee list. You can add the payroll add-on service. A free trial is available.
The Banking tab enables to access Write Check, Credit Card Expense, Cash Expense, Deposits, Download Transactions, Registers, Transfers, Reconcile, Journal Entry, Print Checks and Order Checks.
The Reports tab generates accounting summary that may be interesting. This includes Report List, Company Snapshot, Profit & Loss, Balance Sheet, Memorized Reports, Customer Balance Summary, Transactions List by Date and Recent Transactions.
The App Center tab opens a page where you can hook more applications to your QuickBooks application for more functionalities.
The online accounting is most beneficial to business that has many branches and shares some accounting records. It is also beneficial to accounting staffs who do a lot of travelling and thus have access to the accounting records anywhere they are. Online accounting offers security to data more efficiently than traditional software. The companies offering online accounting services may have better security policies of data than most organization’s ‘in-house’ system.
Designed By: Waleed Rafique
All Rights Reserved, Sharath Reddy