Are you looking for an online tool that can help you keep track of your finances, bills, and more? You can try Quickbooks Online which is a freemium version of the popular QB app that offers all the same functions. You can use Quickbooks Online for free but you have to register to get QB points which you can then use to take a pro-rated loan against your digital wallet in the form of an American Express Gift Card.
You get plenty of features when you register for an account with Quickbooks Online. First off, you get access to the robust accounting system which provides you with all the tools you need to track your income and expenses. The system also allows you to keep track of your business’s sales and purchases which are very useful for creating invoices and receipts. You can use various chart of accounts to organize your financial data which is flexible enough to meet any needs you have.
You get access to all the major banks and financial institutions via the platform’s ‘Connect to Accounts’ feature which provides you with a safe and easy way to transfer money between your various accounts. This, of course, is something you would want to avoid going into manual entry because if you do, you are prone to mistakes and it is all too easy for your bank to flag and suspend your accounts if you make too many manual transaction errors. You can get the same result by using automated banking with no human intervention needed!
The ‘Reports’ feature within Quickbooks Online gives you access to all the financial information you need in a clear and concise format. For example, you can produce a ‘Balance Sheet’ that compares your assets to your liabilities as well as present you with a detailed income statement that outlines your expenditures and expenses. All of this is very useful for providing transparency into your finances and allowing you to make better business decisions regarding your cash flow and money management.
One of the greatest features of Quickbooks Online is its robust email notifications. You can set up email alerts for all transactions that come through in your account. This means you will be instantly alerted of any new money deposited into your account or any transactions that are relevant or affect you in some way.
The security of your personal information is also a major concern these days and Quickbooks Online takes privacy seriously. When you create an account with the platform, you get a free security question and answer that helps protect you from hackers and financial predators alike. There is also two-factor authentication for added security when logging in to your account. While all this might still seem somewhat “safe,” remember that cybercrime is a major issue and a very real threat to your personal information. Managing your personal data responsibly and keeping it secure is one of the primary responsibilities you have as an online user.
How Does It Work?
Quickbooks Online is a cloud-based accounting system which means all of your file storage and access is remote. This makes working with the platform super easy because there is no need to have the necessary software or apps on your local computer. You can simply log in from any internet-enabled device and begin working. Everything with Quickbooks Online is automated so there is no need for tedious data entry. While it might not be for everyone, for those who prefer to keep things simple, this is a great option because there is no complex setup required to get started.
You can use the Quickbooks Online platform to generate invoices, accept payments, track shipments, and more. All of this can be done virtually from the comfort of your office or home. There is no need to run around trying to find an address to send the invoice to or trying to hunt down the person who owes you money. All of this can be done automatically through your account with Quickbooks Online.
If you run a business, you know how important it can be to keep track of all the little details that come with operating a successful company. While it is great to have all the information at your fingertips, if you are looking for a solution that is simple and easy to use, Quickbooks Online is one option to consider.