What is QuickBooks Online?

QuickBooks Online (QBO) is one of the market leaders for cloud accounting software, and has been established in the accounting software market for many years with a desktop version.

The online accounting software is aimed at Small Businesses and Self-Employed, as it is smarter than a spreadsheet and allows you to control your businesses finances easily in one place.

An introduction to QuickBooks Online

Key Features

  • Create and send sales invoices from your mobile on the go, and know once they’ve been viewed and paid online. For details view this QuickBooks video to find out more.
  • Work more effectively and interactive with your accountant.
  • Take a snapshot of your cash flow position and understand the money in and money out of your business.
  • Fast and easy bank reconciliation.
  • Manage and pay your bills.
  • Prepare and submit your VAT Returns directly to HMRC, using the new SmartScan QuickBooks will check for common mistakes and duplicates providing peace of mind the VAT figure is accurate.
  • Manage your subcontractor deductions and submissions using the CIS function on QuickBooks.
  • Variety of useful and easy reporting tools.

We are QuickBooks Bronze Partners

MFW are Bronze partner’s with QuickBooks Online and are able to assist you with making your transition to a cloud accounting software.  We are here to help with training and ensuring you are getting the most out of the software.

For more help with quickbooks call your local MFW office. More information an also be found on the official QuickBooks Youtube channel.

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to see how we can help your business.

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