QuickBooks setup and installation methodologies have changed over the years with various usage options available for accounting. QuickBooks is amongst the most easily usable accounting software in the business market today but complexities surround when technical gaps play their roles. The setup of QB on local computers or premise-based servers is a difficult task due to the hardware and software compatibility issues that arise. Hosted QuickBooks serves to be a more feasible option then. This is the first choice of CPAs as compared to QB Online or premise based setup.
It has been observed that the turnaround time in dealing with the system issues accounts for around 30% of the time invested in accounting. To save the time, effort and loss of data updates, it is essential to hire a technical expert to manage the issues. This would add up to extra costs if the requirement is not too massive. QuickBooks Hosting is a tech-savvy option for the small and medium scale enterprises. These remote QB hosting service providers maintain large servers within their data centers that are located at multiple places for redundant data backup at various locations.
Hosted QuickBooks appears to be an attractive option for users since they can extend the capabilities of their existing accounting applications. With hosting, anytime, anywhere usage of the system can be availed. This way, the limitations of office premises can be lifted and the users can go mobile with all their accounting operations. Besides, multi-user mode can function seamlessly with hosting services. This way, various QB users can access their accounting applications and work on the company financial accounts at any time without having to be physically present at the company premise.
For QuickBooks accounting professionals running the desktop version of QB, the problem of switch to hosting services is not too intense. Hosting service gives way to all the IT hassles including installation, configuration, compatibility and upgrades. Application hosting cuts down the excessive costs that are otherwise required to be set up and maintained by the business organizations. Full-functionality of the system can otherwise be availed only when servers are set up at the company premise and configured to work from remote locations.
QuickBooks hosting environment reduces costs involved in the premise-based setup of systems. Scalability ensures that business enterprises can have what they require at any point of time. The requirements can be altered at a later point of time. Since the accounting environment will be shared, the financial accounts can be available on demand and the users can work on the files or check their financial records at any time as per their will.
Hosted QuickBooks introduces considerable effect on the basic accounting operations by allowing various accounting and tax applications to work in an integrated environment. This process of hosting the software on remote servers also enables better co-ordination between various applications sharing common resources. Moreover, the operational time and costs are also reduced. Application integration in a hosted environment not only saves costs and IT troubles but it also makes the usage more comfortable. Any number of integrated applications can be used from anywhere and all operations can be performed without having the need to stick to one’s desk or compromise with employee mobility. This way, productivity of employees is also enhanced as they can manage operations as per their will.