What is QuickBooks used for?
The ultimate use of QuickBooks accounting software is simplifying complex accounting process, managing inventory and handling payroll to ease the workload of accounting professionals. However, with the advent of cloud computing and remote hosting, more and more businesses are leveraging the use of hosted QuickBooks software in order to reap maximum benefits out of their investment.
QuickBooks, the most renowned accounting software, has successfully gained the trust of more than 90% accounting professionals in the U.S. alone. The steadily growing rate of QuickBooks users is not only limited to its desktop version instead, reaching towards QuickBooks Online and QuickBooks Hosting Software as well. The vast number of features is the reason behind its likability in the market, and some of the exceptional features that the software offers are:
- with the freedom of accessibility
- Instant report forecasting and precise insights of data
- Timely data backups and disaster recovery guarantee
- Unparalleled security along with the protection of advanced technologies including two-factor authentication, end-to-end encryption, multi-layer firewall and anti-virus program
- Flexibility and reliability of 256-bit SSD servers
- Way to unleash multi-user accessibility that incorporated collaborative environment
There are many other equally beneficial use of QuickBooks hosted software that helps businesses to gain more in affordable pricing.
QuickBooks is a small business accounting software program businesses use to manage income and expenses and keep track of the financial health of their business. You can use it to invoice customers, pay bills, generate reports, and prepare for taxes. If you still have doubts related to QuickBooks cloud hosting visit Apps4rent.
QuickBooks is accounting software that serves all types of businesses. It is aimed to provide solutions and tools to manage bills, payrolls, invoices, expenses, and generate reports for the same.
You can manage sales and track bills by reviewing Accounts Receivables and Accounts Payables. Further, create multiple reports like Profit/ Loss, statements and cash flows, and balance sheet. It also helps to simplify taxes by enabling integration with the prominent tax software applications like Drake, Lacerte, ATX, etc. You can simply import all of the accounting information from QuickBooks into the tax application.
Additionally, QB is available in two variants- QuickBooks Online and QuickBooks Desktop.
The online version offers the power of the cloud, and the desktop version provides an extensive set of features.
Further, the desktop version can be hosted on the clouds of third-party hosting providers to ensure mobility and flexibility benefits.
I hope my answer will clarify your doubt.