Question

Josh and Kaleb are partners in their consulting business. They have selected a third party app...

Josh and Kaleb are partners in their consulting business. They have selected a third party app that works with QuickBooks Online so that you can help manage their bookkeeping outside of their operational management system. Kaleb is the only person who needs to be able to enter transactions, but Josh needs to be able to run reports and enter billable time - as he is always meeting with investors and customers. Kaleb is concerned that if Josh has access to QuickBooks Online, he will accidentally mess something up. Which subscription level of QuickBooks Online would be the best fit for their needs?

A. QuickBooks Online Plus

B. QuickBooks Online Essentials

C. QuickBooks Online Simple Start

D. QuickBooks Online Self-Employed

E. QuickBooks Online Simple Start + third party apps for time and reporting

Homework Answers

Answer #1

Since Kaleb is concerned that Josh may mess something up if he has access to Quickbooks, he can go for Quickbooks Online Simple Start, which comes with Reports, Estimates, Tracking of income and expenses, Minimising tax deductions, Tracking sales and sales tax, etc. As for the functions to be performed by Josh, third party apps could be subscribed to for time and reporting. However, Reports are available on QuickBooks

Therefore, the more efficient way would be to go with QuickBooks Essentials

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