Small business owners and entrepreneurs can benefit immensely from using QuickBooks Online. QuickBooks Online is the most widely used business software in the world. However, many people are not interested in learning accounting. While this is understandable, QuickBooks Online is a business software and not a tool only for accountants. As a small business owner, you can use QuickBooks and you do NOT need to know any accounting.
This is not to say you won’t ever need an accountant. Most business owners or manages do need to get accounting help for taxes and to help finalize the financial statements. But that doesn’t mean you need accountants to do everything.
You can use QuickBooks Online for your day-to-day business transactions. For example:
You can use QuickBooks Online to complete your sales.
you can both invoice customers and collect on your sales.
Also, you can track inventory and generate reports to follow your open invoices.
For those tasks, you don’t need an accountant!
If you run a business, you can use QuickBooks Online to manage expenses on your own.
You can track bills and other expenses.
You can produce your purchase orders. You can stay on top of your payables.
You can manage your checking account and credit card accounts.
You really don’t need an accountant for any of those tasks
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