The advent of QuickBooks
As in almost every field, accounting systems have undergone a huge technological evolution in recent years. In the past, we only talked about physical accounting systems in the form of software installed on your computer such as SAGE 50, Acomba or even Avantage…, but what about cloud-based accounting systems?
In Quebec, we’re talking mainly about the QuickBooks online platform, which has grown by leaps and bounds in recent years.
Many people wonder about the advantages of using an online platform such as QuickBooks. In fact, there are many! Whether you’re an entrepreneur, an employee or your accountant, there’s something for everyone. Here are a few points of interest:
Contractor
One of the main advantages for contractors is the ability to consult their results anytime, anywhere. With the mobile application, contractors can invoice directly on the spot and send invoices in real time to their customers by e-mail. He can quickly follow up on accounts receivable, and even get notifications when his customer reads the e-mail and opens the invoice.
Employee :
QuickBooks online software tracks your mileage for work. It can also be used to record billable time spent at a customer’s premises, so that the billing contact can easily re-invoice your hours. It can also be used to prepare time sheets for payroll.
Accountant
When you use an online platform like QuickBooks, the most important benefit is the automation of fixed, recurring transactions under the supervision of your accountant. With the applications that can be attached to your platform, your accountant will be able to automate most transactions.
Another benefit of cloud platforms is that we no longer have to share backups. Everyone who needs to can access the platform at the same time (and securely) and work together. The use of cloud computing platforms therefore enhances efficiency and enables data to be accessed at any time, regardless of location.
Of course, these are just a few of the advantages of the QuickBooks online platform. Give it a try, and you may be pleasantly surprised!
An article by Cédrick Gouin, Accounting Technician
