There are many different accounting systems out there. QuickBooks Online is my favorite one. If you come to me and ask me what I would recommend you to invest into for an accounting system, I will tell you hands down that QuickBooks Online is the way to go. I would love to share some of the amazing features that QBO has that empowers the user and enhances the experience.

1. Bank Feeds. This is my all time absolute favorite. QBO communicates with your bank or credit card company and brings in all the transactions each day. They hang out in bank feeds and wait patiently for you to enter them into you register. If you wrote the check using QBO, then QBO will find that transaction and prompt you to match it instead of adding the expense. If you use online banking then there is no fear to be had connecting your accounts as QBO uses the same security features as banks do.
2. Receipts Tab. With the QBO app you can snap a picture of your receipt. QBO holds it in a holding area waiting for you to attach it to an expense. It will also look for possible matches and prompt you to accept the match that QBO found. You also can set up an email to forward invoices or receipts to so that they can be attached to a transaction as well.
3. Rules. This one is a major time savor. All those transactions from the same place again and again can be simplified thru a rule. You create a rule that tells QBO whenever it sees a transaction that has Staples in the Bank detail to classify the transaction as an Office Expense. You can either have it create the transaction automatically or have it wait for your approval. I personally always have them wait for my approval so that I have an eye on everything that is happening.
4. Automation. If you have transactions that are the same ever certain time period these can be automated. This can be an invoice, bill, credit card charge, journal entry and more. These automations can be set for monthly, bi weekly, or every other month. The options are endless. You can choose to discontinue after a certain date or a certain number of occurrences. The invoices can be set to be automatically emailed. If you have a monthly membership kind of business the invoices can be created and sent without you needing to do a single thing.

These are just a few of the amazing features of QBO that save time and increase accuracy.