Top 5 Reasons to use Online Quickbooks over Simply Accounting

Once you use Quickbooks Online; however, there’s no going back! Which brings me to my top 5 list.

# Speed, speed, speed… everywhere from opening the program to navigating the program toreport creation, Quickbooks does it in about half the time as Simply!

# Period close processes. I may need to retract my Simply expertise hat here as I stilldon’t fully get why they make this so complex… enough said!?

# Chart of Account Management and Merge- Quickbooks this is slick! You can whip together a great set of financials with subtotalling managed entirely by indenting of accounts (watch out for posting to headers…a wee pet peeve of mine that produces ” ….- Other” accounts! Merging redundant accounts accidentally thrown in there…see point 10! S..t happens in
accounting…give me tools to fix it fast!

# Customer invoicing- Time and reimburseable expense flow through. Combine what QB’s does with this and what QCDocs does with tying the time reporting and reimburseable bills and receipts together and you have customer billing heavan!

# Reporting- Quickbooks Reports produces some amazing reports- my favorite are trended P&L and Bal Sh (would like to see improvements in cash flow reports but this is tricky for GAAP). I like collapse to show a crisp R&D, S&M, G&A and Facilities for my tech companies to match public companies peers

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