![]() ![]() As an online software, its e-commerce features enable users to track and fulfill orders from online sales channels. It accepts mobile signatures and provide real-time estimate status. The accounting software also lets users create and customize estimates, access free templates, and convert estimates to invoices. Users can add sales tax to an invoice, collect sales tax for multiple agencies, and use the Sales Tax Liability Report to view tax information at any time. The software can automatically calculate sales tax rate based on date, location, product type, and customer. This allows users to control costs, know how much projects make, and track other details such as job and labor costs, expenses, and income. QBO also has features for project profitability. ![]() Users can share their books with accountants and export important documents to help maximize business tax deductions. The software performs quarterly tax calculations so users know how much money to set aside. The dashboard lets users monitor all business balances in one place. It has cash flow statements, balance sheets, and income statements to give owners the insight where the business stands. QuickBooks Online includes reports and insight tools that provide real-time data. Reports, Tax Deductions, Project Profitability, Sales Tax, and More QBO also provides unlimited payroll runs with automatic tax calculations on every paycheck. Companies can invite contractors to set up a free account for them to complete their W-9 and provide bank details. They can make unlimited payments with next-day direct deposits. Users can pay multiple vendors and contractors, and choose how they get paid, by check or direct deposit. The accounting software also lets users organize their bills in one place to avoid missed or late payments. Users can connect with customers through the QuickBooks Business Network, an online network of QBO customers, and send invoices directly to their account. QBO enables users to track invoice status, send payment reminders, set up recurring invoices, and match payments to invoices automatically. Users can also customize their invoices with their logo, request sales payments with a link, and send them from any device that customers can pay anytime from anywhere. This enables businesses to accept payments instantly online from the invoice. Users can add a button to the invoice to allow their customers to pay online by credit and debit cards, eCheck, and ACH payments. QuickBooks Online lets users send invoices online and get these invoices paid faster. Users can get notifications when inventory is low, create POs, manage vendors, and generate reports that break down mileage for potential deductions. Aside from tracking income and expenses, QBO can also track product inventory, cost of goods, and business-related miles. The accounting software will sort transactions automatically into tax categories. Users can create custom tags and organize up to 40 tag groups to classify transactions as a type of income or expense. It will automatically match these receipts to existing expenses. The software works across devices, allowing users to use their phones to capture and save photos of receipts. It connects with banks, financial institutions, and other sites so transactions of bank, credit cards, PayPal, Square, and other financial apps automatically sync with the user’s account for easy tracking of income and expenses. QuickBooks Online (QBO) show users precisely where their money is, whether coming in or going out. QuickBooks Online Features and Strengths Income and Expenses ![]()
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