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What Is Quickbooks Online – Top Benefits of the Software Package



What is QuickBooks

What is QuickBooks Online

QuickBooks Online is a renowned software package that has won various Editor’s Choice Awards as a top online accounting program from PC Mag. It lacks the inventory features that can be found in a Point Of Sale program but boasts of an easily usable interface and a wide array of financial tools that are excellent for accounting jobs.

The amazing features of the online version of Quickbooks have impressed a lot of customers, including its capacity for location tracking and automatic invoicing. Know about some of the main advantages of using this online business software. 

Smooth, Integrated Functionality

New users often feel a lack of a few functionalities in hosted solutions of Quickbooks. It is regarded as varied from the standard desktop version. However, users of QuickBooks Online can have the version of their choice hosted on the servers of providers.

QuickBooks Pro,  QuickBooks Enterprise, and QuickBooks Premier are some of the versions included. Users can get access always to all features, with no need to install any hardware in office. 

All-time Account Access

It is possible to get access to accounts on Quickbooks from any part of the world. Users from anywhere can get access to their own account, which makes it perfect for businesses that rely on work at home or remote employees for dealing with accounting operations. It is possible for users to travel to any place, and still remain connected to their billing data and accounts.

They simply need to sign into their own account and then manage every functionality that is there on the hosted platform of Quickbooks. In case you have people related to finance, such as accountants, working from home, you can be assured that they can easily connect. There will be no hassles. It can save you the costs of maintaining an accounting department on-site. 

Full Data Backup Benefits

You can get the chance to back data up completely, which is among the top advantages of using this online software package for small and medium-sized businesses. If there is any disaster or natural calamity, you can be assured of having your data completely safe and secure. At the end of each day, data is backed up by most service providers.

This data, which is backed up, is replicated at different spots. It makes sure that damages to a server at one spot does not threaten the data that is backed up at some other server. 


They offer their services for Rs.1059 per Month. But As a part of the New Year offer, it is now available at a discount of 70% and thereby reducing the price to just Rs.317/Month.


  • Track Revenue & Costs
  • Submit Personalized Invoices & Quotes
  • Receipts Snap & Sorting 
  • Multiple Bank accounts Linking
  • Includes Free updates and New Functionality
  • Import data from Spreadsheets Of Excel
  • Establish Budgets and Transactions
  • A Free Mobile App Included


QuickBooks Online
QuickBooks Online

It’s safe to say that the application is worth it for its robust functionality, especially if you are a small business, a start-up, or a freelancer, weighing the pros and cons of QuickBooks Online.

Moreover, since it provides greater usability and mobile-friendliness, it has the upper hand over QuickBooks Desktop. QuickBooks Online offers an array of features for small companies, including reporting, sales, business payments, and more.

Also Read: How to Convert Website Traffic into Qualified Leads using Fastbase and Google Analytics

An Engineer, Youtuber, Sportsman and National Level Shooter with a Taste for Technology and Gadgets. Loves to Review Tech and Play the Most Demanding Games out there.



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  2. maxiegreenham

    February 23, 2021 at 12:27 am

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Understanding the PRINCE2 Project Management Technique




PRINCE2, or PRojects IN a Controlled Environment (PRINCE2), is a common technique used in over 150 countries for project management. It’s a process-based technique that focuses, from start to finish, on coordination and control across the entire project.

This means that each project begins with a comprehensive project plan, each stage is clearly organised, and any loose ends are wrapped up after the project is completed. But in reality, what is PRINCE2 Project Management?

Keep reading for information about this common project management approach’s fundamental concepts and 7-step method.

7 Main Principles of PRINCE2 Technique

The PRINCE2 technique is based on the following seven main principles:

  1. Projects must have a business rationale, including a compelling need, a specified client, practical benefits, and a rigorous cost evaluation.
  2. Continuous learning is important. At every step in the process, lessons are sought and recorded, and used to strengthen future work.
  3. There are clearly defined roles and duties so that everyone knows exactly who is responsible for what.
  4. The job is divided into stages. Large projects are split into stages, with time to revisit and reflect on lessons learned in between to ensure that the project is still on track to achieve its objectives.
  5. Project boards create baseline requirements for critical elements such as deadlines, expense, risk, and scope, and then assign day-to-day management to a project manager.
  6. Teams use a quality register to equate deliverables to specifications.
  7. The PRINCE2 approach should be customized to each project’s particulars, with the amount of supervision and preparation tailored to the scope, number of people involved, and so on.

7 Processes Involved in PRINCE2 Methodology

These 7 stages are followed by the PRINCE2 process:

  1. Starting a company. A proposal for a new project is made in the form of a project mandate, which specifies the proposed project’s business case. A more comprehensive project brief that covers resources, deliverables, etc. will be generated if accepted.
  2. Taking on the role of manager. The project board approves project briefs and decides what is needed to complete the project.
  3. Startup. A detailed project schedule, including baselines for time, expense, quality, scope, risk, and benefits, is appointed and generated by the project manager. Work starts after the project board has given its approval.
  4. Supervising. The project manager splits the project into smaller “job sets” that the project team is responsible for completing.
  5. Managing the Product Distribution Process. The project manager ensures that the project is progressing as expected and that standards are met by deliverables. To either accept or order additional work, the project board then reviews completed work packages.
  6. Managing Stage Boundaries is an ability that can be mastered. At the end of each stage, the project board reviews and determines whether to move to the next stage, or abandon the project. Project managers hold a retrospective for their team to document lessons learned and develop procedures in preparation for the next phase of work.
  7. Closing. After the project is complete, the required reports, performance, and monitoring are done by the project manager.


Understanding the PRINCE2 Project Management Technique
Prince2 Training

The bulk of your focus as a project manager goes to finding the best project management approach for your team. Usually, a technique offers you a structure that includes processes, procedures, values, and beliefs to guide the direction the project wants to go forward.

PRINCE2 has proved its worth and has become a well-known project management technique. You should determine if PRINCE2 is the best choice for their projects and teams, with the above points in mind.

It is the decision of the project manager whether or not to go with any specific strategy and that decision can be best taken after reviewing the criteria of the project, the resources available, and the willingness of the project team to stick to the methodology.

Also Read: Why You Should Choose Silicone Roofing For Your Business

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Your Five Common Questions About eChecks Answered




As a business, you need to be flexible with the payment options that you offer to consumers. This will not only give you the competitive edge over other businesses but it will also help you speed up payment collection.

Aside from credit card payments, you can also use electronic checks or eChecks as a form of payment from customers. Some high risk merchant account holders prefer eChecks because they are safer.

Here, we answer five of your most common questions about eChecks and how they can benefit your business:

What is an electronic check?

In its essence, an eCheck or an online payment option where you can withdraw money from a customer’s checking account, move it to the ACH network and deposit it to your checking account.

To make this possible, you will need to apply for an ACH merchant account and the customer must authorize the payment by accepting your Terms and Conditions, signing a contract or through a recorded voice conversation.

What is an ACH merchant account?

The ACH network is a platform for funds to be distributed electronically among users. It is regulated and recognized by the National Automated Clearing House Association (NACHA) and the Federal Reserve (Fed), and it’s especially beneficial for businesses because it allows for faster transactions as compared to accepting traditional paper checks.

What are the steps to processing an eCheck?

Processing an electronic check is almost similar to paper check processing, only a lot faster. The first step is to request for authorization from the customer through a signed order form, recorded phone conversation or online payment form.

Once this is completed, you can then input the payment information into the software and submitted for processing of the ACH transaction.

The ACH network then withdraws the amount from the customer’s bank account and the software sends a payment receipt to the customer to confirm the payment.

Then, the network deposits the payment into your bank account, which takes within just three to five business days after the transaction was initiated.

Where are eChecks commonly used?

Electronic checks can be used in almost every type of online transaction, but they’re mostly utilized for big-ticket purchases and recurring payments such as rent, car, mortgage or even fitness gym memberships.

They are most popular in real estate where property managers usually ask tenants to fill out a recurring eCheck rent payment form that authorizes them to deduct the rent automatically from the tenant’s account every month.

What are the Benefits of using eChecks?

Electronic checks offer a lot of benefits both for customers and businesses. For one, they help reduce processing costs by as much as 60% and processing time is also a lot faster than collecting payments through paper checks.

You can also guarantee that transactions are processed safely with minimal errors and fraud because payment processors use heavy encryption and authentication before a payment could get through. Of course, you can save yourself the paper clutter by going for this paper-free option.

Though some industry, such as marijuana dispensaries, cannot use eChecks yet, this form of payment is highly sought after, even in today’s increasingly digital landscape.

So if you’re looking to expand your payment options for customers, an eCheck is definitely a good method to try.

Also Read: The Four Types of Payment Gateway to Choose for Your Online Business

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