Online Accounting in Canadian QuickBooks is on a Cloud

Posted by on Apr 18, 2013 in News Updates | 0 comments

QBs Online Accountant

There is something new in the Canadian QB’s that you might be interested in and it’s called QBO (QuickBooks Online). It has been out in the U.S. since 2000 but was just released in Canada in 2012.

Canada, are you ready to move into the “Cloud Based” reality of QBO (QuickBooks Online)?

It is only about six months old, so it is still in its infancy, and but in today’s ever changing technological world, Intuit will improve on it. Also as you can appreciate, even the ProAdvisors are scrambling to get up to speed because it is so new.

There is too much to explain but in looking at QBO, I think it might be something that is of interest to you.

First of all, you would not need a server or an IT person, because QBO’s server is hosted by Intuit Canada. This is the new technology of “Cloud Based”.

The Online Plus has advantages over the Desktop version in so many ways (not just the cost) and instead of going into all of them; I will point out a few that you might be interested in.

  • It has an inventory module with FIFO (first in first out)
  • It has payroll
  • you can have 5 users
  • works on PC and Mac
  • Access key features from your mobile phone (iPhone or Android)
  • Automatic data backup
  • free updates and new features as they become available
  • it can be accessed anywhere in BC, Canada or the world
  • in starting to use it, I found it pretty user friendly
QBO functionality is very much the same as the Desktop version. Having been with Intuit and its products since 1999, I can see Intuit moving towards this technology and in a few years it will try and phase out the Desktop version.

If I can be of help or answer your questions just contact me at this link.
QuickNotes: www.quickbookstrained.com is now mobile friendly. From the web address you can choose Options/Mobile formatted and the site will appear in its entire living colour for you to view. Check it out.

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  1. The Real Goods on The Canadian QuickBooks Online Version - [...] online versions that are available. I will not go into prices or comparisons because I have already blogged about…

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