While you might feel comfortable handling your small business accounting at first, it’s far too easy to get overwhelmed by traditional desktop accounting. After all, you’ll have to track dozens of documents, figure out your spending and earning estimates, and ensure you get everything right. Otherwise, you’ll run into serious legal and financial problems.
Thankfully, online QuickBooks accounting can help a small business like yours find a personalized accounting solution you’ll love. At Jessi’s Bookkeeping, we can set up your small business bookkeeping solution by setting you up with a QuickBooks account and helping you understand the many benefits of utilizing this powerful accounting tool.
The Challenges of Desktop Accounting
Very few, if any, small businesses use traditional paper-based bookkeeping services in today’s digital world. Instead, the market has shifted to primarily computer-based small business accounting, giving you a unique opportunity to handle your expenses and manage your money more quickly. However, desktop accounting has lost some of its luster in recent years.
First, let’s step back and define desktop accounting in case readers are confused by this term. It refers to accounting software that lets you handle all your small business bookkeeping, such as business transactions, finance management, etc. The only catch is that it’s limited to the computer on which you install it. While some software does provide multiple licenses on several computers, you can still only use those machines with it.
In the past, that wasn’t necessarily a problem. However, with most businesses moving to a heavily online model, accounting on the go from mobile apps and other tools is becoming increasingly necessary. Even if desktop accounting provides a great personalized accounting solution for many small businesses, it has downsides that can limit its usefulness, such as:
- Frequent Upgrading: Accounting software goes through frequent upgrades to provide better and more accurate service. Desktop accounting programs need you to install these upgrades manually — you might miss out on improvements if you forget to do them.
- Data Loss: Desktop small business bookkeeping services risk data loss whenever you use them. Why? Let’s say you’re working on a spreadsheet, and your program freezes and closes without saving. All that hard work is going to be gone.
- No Info Sharing: If you’re running a constantly on-the-go business, you can’t be shackled to your desk whenever you need to manage your books. Unfortunately, Desktop accounting tools can’t share data easily without much work and preparation.
- Security Concerns: While risk isn’t necessarily high, accounting software can be hacked and your financial information stolen. Even putting up strong passwords and firewalls isn’t necessarily enough to minimize this risk.
Thankfully, tools like QuickBooks accounting and other online accounting services can support you by creating a strictly online or digital bookkeeping service. Setting up this virtual QuickBooks support system can streamline your accounting and provide myriad benefits that make it hard to ignore for your business needs. And Jessi’s Bookkeeping can help!
The Advantages of Online QuickBooks Accounting
Say goodbye to desktop accounting and hello to online QuickBooks accounting! While both provide a personalized accounting solution, the best virtual or cloud-based small business bookkeeping services streamline your small business accounting processes by taking your work online! Rather than being tied to a computer for your accounting, do it anywhere you go!
This advanced accessibility is the primary benefit of cloud-based accounting software. Download QuickBooks support apps on your phone to track things like business dinners, travel expenses, and investments quickly and efficiently without sitting behind a desk for hours. Digital bookkeeping services like QuickBooks offer many other advantages, including:
- Automation: Cloud-based accounting solutions can easily automate many of your most important accounting and banking tasks. For example, they can track all your purchases and automatically provide reports if your spending seems excessive.
- Stability: Desktop accounting was prone to user error and mistakes. Online QuickBooks accounting tools eliminate potential errors by providing regular data backup and automated mistake checks that watch your back and correct your mistakes.
- Scalability: Virtual or online accounting tools utilize advanced scalability methods that make adding or removing features easier, depending on your needs. Small businesses like yours can set up whatever basic programs and apps they need to thrive.
- Integration: Accounting software like QuickBooks integrates multiple processes that can enhance your bookkeeping. These include business planning, marketing, and e-commerce support to streamline your services.
- Innovation: Cloud-based bookkeeping software like QuickBooks continually implements new updates and other innovative ideas to ensure you stay on top of the latest trends and changes in the industry.
Small business accounting software like QuickBooks provides these benefits, including reasonable pricing plans and streamlined access support. Even better, you don’t have to do it alone: Jessi’s Bookkeeping is here to help you! As one of South Dakota’s most trusted bookkeeping experts, I can help you make the leap to online QuickBooks accounting.
Jessi’s Bookkeeping Helps Small Businesses Thrive
Call me today if you’re ready to give up on desktop accounting and switch to online QuickBooks accounting! I’ve not only helped many companies jump to QuickBooks but can also handle your bookkeeping and accounting for you! I’ll constantly have your back by providing you with the hands-on and practical support you need, including:
- QuickBooks Setup: Are you confused by QuickBooks online and unsure how to set up your account? Let me know, and I’ll handle it for you. Just as importantly, I can do your QuickBooks accounting for you if you’re not ready to do it yourself.
- Tax Support: When tax season rolls around, you deserve bookkeeping services supporting you through this tough time. I can help you prepare your records for tax season and ensure that you work well with a tax preparation expert this season.
- Cash Flow Management: For many small businesses, cash flow management remains a huge mystery. Do you know where your money is going and why? Well, I can figure that out for you! I’ll develop a cash reporting system with you to help you improve your profits.
- Small Business Payroll: Running a small business requires you to handle payroll properly. With my support, you can choose a payroll management system that makes sense for you, onboard your teammates, and handle all other steps.
- Financial Reporting: Let me help you create detailed financial reports to improve your decision-making. Based on these reports, we’ll discover your revenue, expenses, debt, and profitability and develop unique strategies for improving your bottom line.
- Money Management Classes: I can provide one-on-one budgeting classes to help you avoid excessive spending. Designed for personal use, these courses and lessons quickly adapt to your business.
- Financial Planning for Businesses: Looking to expand your current business but unsure where to begin? Jessi’s Bookkeeping can help you by preparing strong financial reports and streamlining your financial strategy.
All these small business bookkeeping services can help your company minimize expenses, maximize your profits, and prepare your taxes properly. Jessi’s Bookkeeping provides the small business accounting support you need at a fair price. Using an online accounting services model, I proudly serve South Dakota, Sturgis, and the nation.
Jessi’s Bookkeeping is Here for South Dakota Small Businesses
If you live in Sturgis, South Dakota, and need an affordable, transparent, and honest financial advisor, call Jessi’s Bookkeeping at 605-670-8930 today! I proudly serve South Dakota and work with small business clients nationally!
With my help, you can set up your QuickBooks accounting software, get QuickBooks support for years, and receive a personalized accounting solution with the best bookkeeping services for your company’s needs.