This presentation will help you understand 7 import features of QuickBooks Online and to decide which features you need for your business. The video analyzes QuickBooks Online Simple Start, QuickBooks Online Essentials and QuickBooks Online Plus. If you are new to QuickBooks Online, then read on: QuickBooks Online accounting provides the tools necessary to manage your business and the freedom to access your financial information from work, home,or the road. For businesses that need access to the books from multiple places and/or have multiple users in different locations. For owners that need to work from anywhere or don't want the hassles of a network. Seven good reasons to use QuickBooks Online are: 1.Manage finances from work, home, or the road with any computer 2.Work together and share the same file from different locations 3.Easy to get started and support included 4.Data protected with daily, automatic back ups 5.Product upgrades included in the price of subscription 6.No problems using Mac at home and PC at work 7.No contract and test drive for free for 30 days

1. QuickBooks Online Choices

2. Objective Simply and understand Intuit’s website showing the product choices & features Identify the seven important features of QuickBooks Online Help you understand the business uses of these features

3. Intuit’s Website Intuit Website Click the URL to take a look at their live site and you will see that too much is going on and it lacks focus on what's important to your business Intuit Website Analyzed This URL is a 15 second video that shows the above site analyzed for seven important business functions that you should consider

4. What’s Ahead The next 14 slides will underscore 7 important small business considerations that you should considered These 7 considerations are derived from the Intuit website and are compared and contrasted. QuickBooks Online Simple Start QuickBooks Online Essentials QuickBooks Online Plus

5. 0 How many people in your accounting dept ?. Share bookkeeping with other people You can always upgrade if you expand 1- QuickBooks Online Plus allows for up to 20 simultaneous users. Additional fees apply.

6. 0 Automatically download banking transactions All banking transactions are recorded Saves time with monthly(or daily) reconciling 8 - Online banking is available in Essentials and Plus versions

7. Automated Online Banking

8. 0 Tracks accounts payable Always know how much you vendors Unpaid vendors report – see next slide Take advantage of early payment discounts

9. Vendor Balance Detail

10. A/P Aging Summary

11. 0 Key driver for businesses that sell inventory Tracks inventory and orders Always know how much you have in inventory Accurate cost of goods sold and gross profit

12. 0 Used to track departments, divisions, business lines, stores, properties, real estate projects, etc. Write one check and charge to different classes Income statements by class Track and measure profitability by class

13. 0 Budget future income and expenses Monthly, quarterly or annual Spreadsheet type data entry Only budgeted income statement No balance sheet Budgeting is an important tool for every business

14. Data Entry Screen

15. Annual Budget vs. Actual

16. 0 Common to most businesses Payments to any noncorporate entity for services rendered if $600 or more Easy to use Automated process Must prepare in advance

18. Next Step If you found value from this video and you are ready to order Click www.online-accounting.bizand your order will be handled by Intuit After Step 1, you will be at the Intuit page Go to the bottom of the Intuit page and click “compare products in more detail” … then you will be able to view all of the functions for each QuickBooks Online choice. As a member of the QuickBooks affiliate program I receive a small commission if you order. All orders and sales are handled by Intuit — this is affiliate link. Thank you in advance for your support !