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Showing posts with label Bookkeeping. Show all posts
Showing posts with label Bookkeeping. Show all posts

Tuesday, May 17, 2011

QuickBooks Online vs. Hosted QuickBooks

Find the Best QuickBooks Solution for Your Business

If you are looking for a bookkeeping solution for your business that allows you to remotely access your bookkeeping files from any location, QuickBooks Online and hosted QuickBooks are two popular solutions.

When deciding which option best meets your needs it is important to know, while the two options have many similarities, Hosted QuickBooks has several additional key features not found with QuickBooks Online.

Use QuickBooks Anywhere with Multi-User Remote Access

Hosted QuickBooks, like QuickBooks Online, allows you secure access your company’s financial data from any location with an Internet connection. You can work on your bookkeeping while enjoying a cup of coffee at your favorite coffee shop, at home, or while you are on the road for a business meeting. Because you can access you QuickBooks files anywhere, you never have to worry about not being able to invoice a customer or not being able to update your data because you are away from the office.

Unlike online bookkeeping options, hosted QuickBooks allows you to grant multiple users, such as employees, bookkeepers, accountants, and controllers, simultaneous remote access to your QuickBooks files. This also allows for easy inventory and tax tracking if you have multiple stores or business locations, regardless of their jurisdictions.

Never Lose QuickBooks Files with Automatic Backups

The security of your bookkeeping and financial data is incredibly important which is why automatic data backups are essential. Many online bookkeeping and hosted QuickBooks options offer automatic data backups.

At Turn Key Office, backups of hosted QuickBooks files are done automatically and data is stored in three secure locations, the Turn Key Office server and two off site locations, which mean you will never have to worry about losing important financial information. In addition to your files being hosted on our secure servers, a real-time encrypted backup is run nightly and an alternate backup file is locked in a secure bank safe-deposit box monthly.

Reliable Access to Your QuickBooks Files

QuickBooks Online and hosted QuickBooks both allow for remote access to your bookkeeping files but with QuickBooks Online, your files become inaccessible if the Intuit server goes down, which it did on March 22-23, 2011 and again on March 25, 2011. During that time, QuickBooks Online users could not access their files regardless of location.

To ensure your hosted QuickBooks files are reliably accessible, Turn Key Office uses multiple power sources, Internet access, physical locations and hard drives to eliminate single points of failure.

Switching to Remote Access QuickBooks Should Be Easy

If you are exploring remote access QuickBooks options you may already be using a bookkeeping system that contains important files. When you have existing files, switching to a new QuickBooks system needs to be simple. However, moving your files to QuickBooks Online requires a conversion and even with a conversion, not all of your data can be transferred.

Hosted QuickBooks makes transferring existing files from your computer to the hosted server, and vice versa, easy. This is because the QuickBooks software on our hosted servers is exactly the same as the desktop version of QuickBooks.

If you use different bookkeeping software, such as PeachTree, converting your data to a compatible version is simple with our team of expert bookkeepers.

Don’t Give Up QuickBooks Features for Accessibility

If you are familiar with QuickBooks and decide to use QuickBooks Online, you may find some of the features from the desktop version of QuickBooks are not available in the online version. In addition to the limited features, QuickBooks Online also has a new user interface which takes some time to learn. But, if you choose to go with the hosted QuickBooks option to remotely access your files, you will have exactly the same familiar features and user interface as the desktop version of QuickBooks.

Hosted QuickBooks allows you to remotely access your bookkeeping files while continuing to work with the powerful, full-featured version of QuickBooks so you never have to compromise between accessibility and functionality.

Monday, December 13, 2010

New Year's Resolution: Financial Weight Loss

Does your company have a New Years Resolution? How about shedding those financial pounds it put on this year.  Keeping your company lean and in top shape by exploring ways to trim excess costs will ensure you are ready to take on competition and unstable financial markets in the upcoming year. 

In an effort to firm up, many companies are turning to outsourcing everyday business functions. We provide some of these functions, including:

How can outsourcing trim financial weight and help your company get fit?

Cost
People outsource their business needs for a variety of reasons but cost savings is a key factor in many decisions. Outsourcing saves on direct costs, hiring and management costs, the cost of office space, and equipment costs.  It also saves you the cost of your time because rather than focusing on ancillary business functions, you are able to focus your passion into growing your company.

Check and Balances
Outsourcing the bookkeeping and financial needs of your company provides for checks and balances to be instated.  When choosing a company to outsource your bookkeeping and financial needs to, make sure it is one that allows you to retain control and access to your files and provides transparency and a paper trail of their bookkeeping process.  Turn Key Office provides you visibility of your company’s records from any location, 24 hours a day, 7 days a week, 365 days a year and you can separate accounting duties to provide greater checks and balances and prevent fraud and embezzlement. 

Better Utilization of You Resources and Skills
As a business owner you are passionate and motivated, but unfortunately, it is not practical or possible for you to do it all. You may be fantastic at making pizza or coordinating conventions, but that does not mean you need to be a wizard when it comes to being your companies CFO. You can and do wear many hats as a business owner, but outsourcing allows specialized companies to help you with every day tasks so you can wear that hats that fit you best.  


And remember, just because you *can* do it, doesn’t mean you should.  Your resources are limited and, by partnering with someone to take care of the other areas of running a business, you can use your talents and passions to the best of your ability, which will allow your company to flourish.

Is it right for you?  Like any diet or exercise routine, it may not be for everyone and consulting an expert is recommended. We provided complimentary consultations and customized proposals, so go ahead and give us a call. We’d love to help you, and your company, fulfill your New Year’s Resolution. 

What have you got to lose besides some of that financial weight?

Best Wishes,
Rachael

Turn Key Office
(410)715-3657
www.TurnKeyOffice.net