Hosted QuickBooks is cloud-based accounting software that allows for unlimited access to organizational files and data over the internet from any device and location.
Users can carry out accounting procedures such as the customization of invoices, sale, profit, and expense tracking, and the analysis of business reports. Hosted QuickBooks provides highly secured access to users, allows for the customization of the server for easy login, and supports connection using a Remote Desktop Protocol.
Hosted QuickBooks is available via a virtual platform on the cloud. It refers to hosting any version of QuickBooks accessible over the internet in a network server. It allows for secure storage of files and rapid access when needed. The hosted version of QuickBooks differs from the traditional QuickBooks such as the QuickBooks Desktop Version and the QuickBooks Online version.
All QuickBooks versions can be hosted by third party hosting service providers.
The QuickBooks desktop version allows access to all the accounting features of the QuickBooks software via a local system where the software was installed. That is, users of the QuickBooks desktop version can access the functionalities of the software only from the particular device where the software via install. This is ok contrast to the hosted version where access in unlimited.
Benefits of Hosting QuickBooks with a Third-party Hosting Provider
Unlimited Access and Rapid Connection
Hosted QuickBooks grants access to organizational data and files from anywhere and at any time. The software allows for multi-user access to files at the same time. Also, partners, clients and various teams can work on a file simultaneously. With this, users can edit and share files simultaneously, thus reducing the time spent on projects and improve collaborative needs.
Hosted QuickBooks runs on contemporary optimized servers that increase the speed of access to files.
Reduced Cost of Operations
Hosted QuickBooks eliminates the need to set up, upgrade and regularly maintain IT infrastructure and IT professionals. The software requires no installation and a QuickBooks license. Furthermore, uptime is increased, and the cost of operations is reduced. The IT support costs of QuickBooks is also reduced as the third part provides technical services.
Hosted QuickBooks eliminates the need for ample office floor space. This can be a suitable option for small businesses or small with small office areas. Platform Preference
Users can access the hosted QuickBooks with a platform of their choice, such as smartphones, Apple devices, or Windows.
Increased Feature Availability
Hosted QuickBooks allows the running of multiple QuickBooks software on a device. Users can access the latest and previous features of the QuickBooks application on any version. These features are made easy to use and are time-saving as installation and regular maintenance are not needed. Major add-ons and integrations are also supported in the hosted QuickBooks.
Data Security and Backups
Data in the hosted QuickBooks is protected in multiple layers to prevent data loss in data disasters and threats. The system stores data in the highly protected data centers breaching the data from numerous threats. Regular backup of files is also carried out by the third-party providers daily.
In data transfer, encryption of data is adopted to prevent data leakages to other sources. In terms of reliable access, the cloud accounting system provides a firewall that regulates restricted access by only authorized personnel using personalized login information.
One person utilizes the resources in the hosted QuickBooks at a time; thus, users can enjoy faster speed and access to organizational data and files.
The customer support team constantly monitors hosted QuickBooks to prevent and eliminate arising threats. The team also provides prompt responses to customer needs at all times.
Hosted QuickBooks offers more compatible and productive integrations for the better management of the accounting process.
Hosting QuickBooks with a third-party party provider provides multiple benefits for users such as automated updates and data entry, remote access, multiple user access, rapid sharing and exchange of files, real-time collaboration, availability of data in the cloud, flexibility and scalability of resources, and real-time change tracking. The third-party hosting supports all QuickBooks versions and can be used by small, medium, and large businesses.