Why Quickbooks Online?
Updated: Apr 8, 2020
ProStrata-G has connected with QuickBooks Online to create a revolutionary bookkeeping experience - a combination of one-on-one business consulting, bookkeeping automation, and monitored record books. With decades of experience in business, our ProAdvisor bookkeeping experts are proud to offer Quickbooks Online for convenience, with a wide array of features including automation of repetitive bookkeeping tasks. Keep your books up-to-date, make better decisions, and save precious time with the below features.
TRACK INCOME AND EXPENSES Know where your money is coming from and where it’s going. The Quickbooks dashboard clearly displays your income and expenses in real time.
The mobile app allows you to take photos of receipts easily, linking expense receipts to transactions. Stay organized and ready for tax season with everything in one place.
Business owners find, on average, 46% more deductions by tracking factual mileage. Through QuickBooks Online, automatically track kilometres with your phone GPS. Easily categorize business and personal trips through the app.
Send and track professional invoices, send payment reminders, and match payments to invoices, automatically. Accept credit card payments, right in the invoice.
Large projects can be broken down into multiple incremental invoices based on milestones or stages. Payments are tracked and applied towards the invoice, always showing the current balance.
MAXIMIZE TAX DEDUCTIONS
Easily organize income and expenses into tax categories. The ability to share your books remotely with your accountant, bookkeeper and tax preparer means you will stay on top of your tax standings.
Customers can pay by credit card straight from the invoice. See your money sooner with next-day deposits. Keep a bird’s eye view and breakdown of all payments and associated fees in the Deposit Centre
Track billable time by client or employee and automatically add time to your invoices. Hours can be entered by owners or by employees with protected access. Further improve tracking time by seamlessly integrating the Tsheets app.
Pay employees with free direct deposit on unlimited pay schedules and types. Automatically calculate the taxes on each payroll run. Stay on top of payroll taxes so you're ready for year-end with this add-on feature.
Track products and cost of goods, and receive notifications when inventory is low. See what's popular, create purchase orders, and manage vendors. Import from Excel or sync with Amazon, Shopify and more.
Run and export reports including profit & loss, expenses, and balance sheets. Avoid surprises by easily tracking cash flow and reporting on your dashboard. Share a professional-looking summary of your finances with your business partners.
Track bill status, record payments, and create recurring payments. Pay multiple vendors and bills at the same time. Create cheques from anywhere and print when ready.
Get hired with professional estimates. Customize estimates to fit your brand and business needs. Accept mobile signatures and instantly see estimate status. Convert estimates into invoices in a single click.
TRACK SALES AND SALES TAX
Track sales tax on income and expenses so you know where you stand and how much you owe.
TRACK PROJECT PROFITABILITY
Organize projects with a clear view of profits. See how much you're making on every individual project. Track all time expenses on your projects and view outstanding payments and unbilled work. Understand the full scope of a project by tracking non-billable time for each project.
Manage your cross-border business. Record transactions in multiple currencies. Adjust reports to reflect multiple currencies. Send invoices in different currencies and assign currencies to different customers.
Save time when you work together. Invite your accountant to access your books for seamless collaboration. Give employees access to specific features and help reduce errors with auto-syncing. Protect sensitive data with user-access levels and share reports without sharing a login.
Make any place your place of business. Track sales and expenses, send invoices and see when they’re viewed or paid, even on-the-go. Make better decisions with an overview of sales, expenses, and profits in your pocket. The work you do is synced automatically so you’re always up-to-date, from smartphone, to tablet, to web.
CONNECT OTHER BUSINESS APPS
Quickbooks can easily be integrated with ecommerce, customer management and inventory apps to easily bring all your date together.
ProStrata-G would like to answer your complicated bookkeeping questions. If your small business has been struggling to find answers for your unique business structure, leave a brief comment below. If we are able to help address your small business concern, we’d like to feature your story in our next article.