The last few years have seen hundreds of thousands of online businesses mushrooming all over the world. It is easy to see why online businesses are so popular – quick delivery, multiple payment options, customer friendly refund policies, excellent discounts and more. All of these factors have led customers to trust e-commerce stores and led to the rapid growth of several online businesses.
But growth presents challenges of its own, such as tracking sales, managing accounts, managing shipping, inventory, etc. QuickBooks is one of the best to meet the growing needs of an online business. It is easily the best accounting software for businesses available in the market. With QuickBooks hosting you can make sure that you stay on top of your business requirements and are able to meet all challenges.
Let’s look at the 3 important business needs that QuickBooks hosting solves for your online business.
Every online business requires its shopping portals to be closely integrated with a secure payment gateway system. This integration should be in sync with the business requirements – you wouldn't want to manually update the data each time. Manually updating the data could delay the accounting operations. What QuickBooks hosting does is to automate the transaction updates easily and effectively.
QuickBooks can be very easily integrated with top e-commerce shopping cart systems such as Magento and Shopify. With hosted QuickBooks, you can get all the transactions displayed chronologically and take full advantage of the best features of cloud computing such as remote access. This allows you to perform accounting tasks with more freedom and confidence and automate all transactions such as chargebacks, refunds, pending payments and so on.
Works with Multiple Payment Options
QuickBooks works very well with multiple payment options. It can integrate with multiple bank accounts and credit cards and allows you to stay on top of all financial transactions.
When starting an online business you will have need to work with several payment options, not just the traditional payment systems such as cash, credit cards, bank transfer, etc. You will need to work with Google Wallet, PayPal and several different types of digital wallets.
Can QuickBooks work with these payment options? It certainly does. Also, what about multiple currency options? As an online business owner, you will have customers from several different countries, each with its own currency. Is QuickBooks capable of handling these currencies without a hitch? Certainly! You can manage several different payment options and multiple currencies with QuickBooks hosting.
Shipping and Inventory Management
Managing the shipping and the inventory is one of the hardest things that any online business does. For the success of an online business, it is critical that this should go just as planned. QuickBooks comes with add-ons that allow you to automate your inventory management and shipping and to make sure that everything is in sync. With QuickBooks Cloud, multiple users around the world can collaborate and update details on a real time basis. QuickBooks hosting allows you to track, monitor and update data instantly and to keep a check on user authorizations to ensure maximum data security.
QuickBooks works better on the cloud and hosted QuickBooks solutions are any day better than just having QuickBooks on your desktop. QuickBooks Hosting maximizes the impact that QuickBooks can have on your business. It allows you to manage your accounting tasks easily and effectively.