What is QuickBooks Online?
Posted: Mon Feb 17, 2025 9:57 am
QuickBooks Online is a popular accounting application many companies prefer because of its user-friendly interface and cloud accessibility. Intuit’s QuickBooks is well-established as one of the top accounting applications in the market. The company was launched in 1983 and has evolved over the years to meet the changing needs of its users.
The online version of QuickBooks hit the market in 2001, extending its capabilities with anytime/anywhere access, empowering remote teams, and enabling growth at scale.
Companies of all sizes use QuickBooks Online for their accounting needs, and accounting firms also use it to service multiple clients.
It’s no secret that Intuit is encouraging its users to switch facebook database from QuickBooks desktop to online. QuickBooks Online is accessible remotely, there are regular software updates, you can streamline your processes using third-party apps, and it makes it infinitely easier to manage multiple clients if you’re an accountant or bookkeeper.
But the biggest hurdle that prevents people from switching to QuickBooks Online is not having a QuickBooks backup of their account in their own hands. For those who live in the cloud and have never used the desktop version, it includes two features that don’t exist in the online version: ‘create a local backup’ and ‘undo.’
Desktop users are used to running a backup at the end of the day or week (at least when they remember to do so). It reassures you that you can restore your company file to a previous version if something goes wrong. But in QuickBooks Online, if you delete something, it’s gone forever (unless you have a secure cloud data backup strategy, that is).
When you set up Rewind Backups for QuickBooks Online, it will automatically backup your company files. You can undo mistakes and restore deleted data with Rewind, and you also have the option to copy QuickBooks Online data between files.
The online version of QuickBooks hit the market in 2001, extending its capabilities with anytime/anywhere access, empowering remote teams, and enabling growth at scale.
Companies of all sizes use QuickBooks Online for their accounting needs, and accounting firms also use it to service multiple clients.
It’s no secret that Intuit is encouraging its users to switch facebook database from QuickBooks desktop to online. QuickBooks Online is accessible remotely, there are regular software updates, you can streamline your processes using third-party apps, and it makes it infinitely easier to manage multiple clients if you’re an accountant or bookkeeper.
But the biggest hurdle that prevents people from switching to QuickBooks Online is not having a QuickBooks backup of their account in their own hands. For those who live in the cloud and have never used the desktop version, it includes two features that don’t exist in the online version: ‘create a local backup’ and ‘undo.’
Desktop users are used to running a backup at the end of the day or week (at least when they remember to do so). It reassures you that you can restore your company file to a previous version if something goes wrong. But in QuickBooks Online, if you delete something, it’s gone forever (unless you have a secure cloud data backup strategy, that is).
When you set up Rewind Backups for QuickBooks Online, it will automatically backup your company files. You can undo mistakes and restore deleted data with Rewind, and you also have the option to copy QuickBooks Online data between files.