Last updated: February 6th, 2020 2:03 PM

Top Reasons QuickBooks Online is Ideal for SME in India

QuickBooks Online is an online accounting software from Intuit recently introduced in India. Intuit is the company behind QuickBooks, the #1 accounting software used by Small and Medium businesses in the USA. QuickBooks Online India is aimed at India and provides a comprehensive accounting software on the clouds in the Software as a Service (SAAS) model. In this article, we look at some of the top reasons QuickBooks Online is ideal for Small and Medium-sized Enterprises (SME) in India.

Easy to Install

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QuickBooks Online is an online accounting software delivered through the internet. All the processing of information and storage of information happens through secure servers that have multiple redundancies. Therefore, a simple web browser like Google Chrome, Internet Explorer or Firefox is sufficient to access the accounting information on QuickBooks from anywhere from the world. There is no need for the installation of software or hardware requirement to begin using QuickBooks.

Easy to Maintain

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The data stored on QuickBooks Online is secure and Intuit uses SSL to ensure all the data stored in encrypted and cannot be accessed by unauthorized personnel. Also, since no data is physically stored on any computers on-site at the business, the accounting data is always available on-demand and backed-up securely. Further, there are no chances of data corruption, hard-drive failure or virus infection of the data. On the other hand, accounting software installed on the computer must be periodically maintained and backed up in another computer or hard-drive to ensure safety and security of the accounting information.

Easy to Use and Intuitive

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QuickBooks Online is easy to use and intuitive. QuickBooks has been designed with the philosophy that the software must be easy to use even for someone with no or minimal accounting experience. Therefore QuickBooks Online is used by many businesses that do not employ dedicated accounting personnel.

 The design of the software is very easy to understand, navigate and complete accounting tasks. Further, QuickBooks Online has the ability to connect with a bank account and synchronize banking transactions with QuickBooks. Therefore, QuickBooks Online is one of the easiest to understand and use accounting software available in India today.

Easy to Access

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QuickBooks Online can be accessed by up to 7 users from any location using a simple web browser. All the accounting information updated and managed by all users are always synchronized realtime. Therefore, working with an Accountant to finalize accounts or manage the accounting information of different locations or teams is easy. Further, QuickBooks provides an easy to understand audit trail and varying levels of user access, so the business can allow varying levels of access to the users and monitor their logins.

In addition to the web browser access, QuickBooks Online is also available through an Android and iOS mobile app. Therefore, entrepreneurs can use QuickBooks even while not present at the office to quickly generate invoice, track payments, record expenses, access accounting information or generate financial reports.

QuickBooks Online is Affordable

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For SME in India, affordability and value for money are important aspects while making a purchase decision. There is some free accounting software available online; however, it is not advisable to use free accounting software as support for the product and data security could be compromised.

When compared to other online accounting software, QuickBooks Online is very affordable. QuickBooks Online one year license can be purchased through IndiaFilings for just Rs.2000. The renewal after one-year is also priced at Rs.2000, making QuickBooks online one of the most affordable and cost-effective accounting solution in the market today. To purchase QuickBooks Online, visit IndiaFilings.com.

Note: IndiaFilings is a QuickBooks Gold Partner for India.