Are you confused about whether investing in Hosting QuickBooks is good for your business or not? Then, don’t worry we are here to assist you by providing all the information that is beneficial for you to make a good decision. Below we mentioned the 10 Reasons why you have to invest in QB hosting. Read the entire article till the end for more information.Â
What is QuickBooks Hosting?
QuickBooks Hosting in the cloud is the widely used accounting software and it allows multiple users to access the data with the same desktop from anywhere and anytime without the need of carrying heavy remote desktop software in your system. There are some advantages like compatibility, scalability, flexibility, and security. It comes with two options: shared and dedicated hosting and each has its own benefits to use.Â
Steps to Host QuickBooks
- Firstly, you have to register for the QuickBooks desktop and select the QuickBooks package and subscriptions:-
- Simple start plan ($5/month)- you can create invoices, get estimates and download bank transactions.Â
- Essential plan ($10/month)- gives you the simple start plan with the access to manage and pay bills and gives multi-user support.Â
- Plus plan ($21/month)- this comes with all the features and can access to track inventory, prepare and print 1099’s.Â
- Then, you can easily customize your company preferences and account settings. Â
- Now, you have to Import the business data to QuickBooks.
- After that, sync your QuickBooks with your bank account.Â
- You have to sync your business credit card. Â
- Customize your invoices with company banking.
- Finally, import your contact to QuickBooks. Â
Reasons to Invest in QuickBooks Hosting
List all the following reasons why your business should invest in the QuickBooks hosting
1. Unrestricted Accessibility
While using QuickBooks customarily, there are many limitations that can affect your end-user experience. One of such limitations is the accessibility of limited data. If you access the specified system then QuickBooks software is available. When you want to access QuickBooks on another device then must reinstall and transfer your data.Â
However, with QuickBooks on the cloud, your employees can access the data from anywhere and anytime. QuickBooks is installed on your remote server and can easily access with good connectivity to the internet. Â
2. Security Improvement
Security is the most important thing and aspect of the business. If you have your data in the physical system then it may be vulnerable to theft. Due to the hardware failure, there is a risk of data loss. They may not have the required financial resources or lack the essential technical support to develop the modern cybersecurity system. It, coupled with the sensitive financial data, poses a risk to organizational integrity and damages their reputation. Â
But, with QuickBooks desktop cloud hosting, your data is stored in the cloud, which is more secure than an on-premises setup. Moreover, the most reputed hosting service providers have end-to-end encryption security strategies in place. That safeguards your data against cyberattacks. Apart from the security measures such as IDPS systems, antivirus/ anti-malware tools, firewalls of software and hardware. click here
3- Cost-Efficiency
As a business person, you may always look to reduce costs to attain higher cost efficiency and profitability. QuickBooks gives you an opportunity to decrease the IT infrastructure expenses by incorporating the remote working ability. You can easily access the accounting resource via the internet and there is no need for the premises system. This will reduce your costs significantly.Â
4- Collaboration EasierÂ
With the help of QuickBooks, it will be easy to collaborate with other accountants and bookkeepers. This will be more convenient and simple to share files and information with collaborating parties. Also, you do not have to copy or sync the file, as your resources are on the cloud.Â
Moreover, QuickBooks makes sure to work closely with professionals and increase the productivity of your system and reduce errors.
5- Update Automatically
This is another aspect of present-day businesses to always update. If you are always updated then being able to use the latest features and settings when they are available may increase your competitive advantage over the competitors.Â
Your hosting provider will handle all the software updates with QuickBooks. It makes sure the automatic updates without your requiring to keep tracking them regularly.Â
6- Technical Support 24*7Â
The QuickBooks hosting service provider has all the authorized technical support who will help you and is available 24*7 to resolve your issues. You can contact them via chats, email, and phone calls. They make sure that your software runs all the time.Â
7- Privacy of the Data
This will give priority to the privacy of your data and other resources. Also, offer you the administrative power to limit your information accessibility. There are several types of Authorization that you can easily assign to your employees according to their organizational responsibilities. Moreover, the robust system ensures that unauthorized staff can’t access your financial resources.
8. Credible Data Storage
Storing your data conventionally will make it lost and difficult to restore them. But if you digitized it, any hardware failure can impact your performance or may lead to permanent data loss. QuickBooks cloud hosting can store your data and resources on a remote server, local hardware failure cannot affect the database. Even if any disaster can’t damage your office premises without the IT infrastructure when you need your data it will be safe and available.Â
9. Tax Management
Managing taxes is not easy for anyone and you have to admit that. You need to give lots of effort to fix the tax reports and monitor all the incomes. But, QB hosting can easily manage your taxes, and no need to worry about the accuracy and deadlines.
10. Competitive Edge
It doesn’t matter whether your organization is small or large, the cloud hosting software makes it efficient. It will assist you to take action faster than your competitor and give you an edge. So, when the service provider handles the technical stuff then you can focus on the productive work.Â
Final Words!
In the above article, we discussed 10 Reasons Why Your Business Should Invest In QuickBooks Hosting. So download QuickBooks desktop and use hosting. We hope that all the information that we mentioned above will be helpful and productive for you to satisfy. If you want to know more about or have any issues then check out our other posts also.