QuickBooks Online Plus

QuickBooks Online Plus is a cloud-based online accounting software. It is designed for small to medium-sized businesses. By using this software, you can easily manage your projects, finances, inventory, contractors, and other business operations. Although it is a cloud-based solution, you can use this tool either in the office or anywhere around the world. It is perfect for business purposes, which offers both products and services.

QuickBooks Online Plus is all in one solution that helps to manage and view all records of your business. You can easily monitor payroll, labor costs and expenses with job costing. This online software shows projects profitability with clear reports and dashboards. You can also control your stock and inventory via this online tool. It can be bought on QuickBooks website and can be accessed with a 30 days free trial.

System Requirements

If you are using QuickBooks Online Plus, you will need these system requirements as listed below:

• QuickBooks Online Plus supports various operating systems, such as macOS 10.11 or later, Windows 10 or later.
• This cloud-based online software solution requires a 1.5 Mbps internet connection.
• It supports multiple browsers like Google Chrome 78 or later, Microsoft Edge 75 or later, Firefox 76 or later, and Safari 12 or later.
• QuickBooks Online Plus can be accessed via a web browser on iPhone, iPad, Android phones, and tablets.

Key Features and Tools of QuickBooks Online Plus

QuickBooks Online Plus is a cloud-based accounting software. When you are required to manage your business, you can use this online software solution. It provides multiple tools to manage and modify your records. There are several features related to this tool, which are explained below:

Bill Management : 

You can pay bills, track your bill status, and create recurring payments. You can manage your bills effectively to maintain control over your payables. Arrange payments, pay several vendors at once, monitor due dates, and handle your expenses effectively to prevent late charges.

Monitor Project Profitability :

Track the profitability of each project with detailed reporting on labor costs and expenses. It offers user-friendly and complete reports with a clear view of project profitability. It enables strategic decisions and allocates resources.

Track Inventory :

It can track product levels, product cost, and get notifications when inventory is low. Advanced inventory management systems allow real-time monitoring of stock quantities, sales, and orders. It ensures efficient management of your supply chain.

More Detailed Reporting :

You can get access to all the functionality of fundamental reports in more detail, along with the ability to run specific budgeting, inventory, and class reports.

Capture and Organize Receipts : 

Remove paper mess and manual data entry. While taking your pictures of receipts, QuickBooks Online Plus will automatically recognize, categorize, and make expense management and reporting simple.

Enter Time :

Monitor the time which utilized on projects or by employees directly in the platform. You can enter hours yourself or give access to employees and connect with QuickBooks Time. This functionality adds labor cost calculations, billing for time-based services, and payroll management.

Maximize Tax Deductions :

It enhances your tax deductions easily. QuickBooks Online Plus organizes expenses and monitors them against your income. Make sure that you maximize every possible deduction during tax time.

Accept Invoice Payments :

QuickBooks Online Plus simplifies the process of invoicing, enabling businesses to generate custom, and professional invoices can be sent directly to the clients. If you want to pay online, you can easily click on a pay button. Customers can pay invoices safely and fastly.

Track Mileage :

It offers a business that requires travel, and captures every journey and measures distances to guarantee accurate expense reporting.

Send Estimates :

Create and customize professional estimates for your clients. After approval, these estimates can be easily converted into invoices and enhance the process of sales.

Track Sales and Sales Tax :

It automates the computation, collection, and payments of sales tax. In every transaction, QuickBooks Online Plus manages current sales tax rates, ensuring accuracy and compliance. It accepts payments and credit cards anywhere and can easily calculate sales tax for you.

Manage 1099 Contractors :

Managing contractors becomes easier with tools for monitoring payments, issuing 1099 forms, and maintaining compliance with tax regulations.

Includes 5 Users :

QuickBooks Online Plus allows access for up to 5 log-ins, protects sensitive data, enabling collaboration and role-based access to financial information and specific features. It boosts team efficiency and data security.

Benefits of QuickBooks Online Plus

There are various considerable benefits of QuickBooks Online Plus, which are:

• You can track your expenses and income globally.
• You can share unlimited invoices and estimates.
• You can manage business expense records.
• There is no need to install QuickBooks Online Plus software.
• With this online, cloud-based tool, you can handle your finances on various devices such as smartphones and tablets.
• The QuickBooks Online Plus interface is user-friendly.
• QuickBooks Online Plus provides additional features compared to the desktop edition.
• Your information will be backed up securely online.
• It can integrate with other available applications.