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Intuit Releases QuickBooks Online Accountant Edition

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Mountain View, Calif. (October 24, 2012)

By Seth Fineberg

Intuit Inc. has made available QuickBooks Online Accountant, which will give accounting professionals Web-based access to tools for performing essential accounting tasks.

Jill Ward

The product was previously available through a pilot program, in which accountants were able to use the product for free and provide feedback.

Some key QuickBooks Online Accountant features include the ability to manage all QuickBooks Online clients without logging out and automatically see all client contact information. Users can manage firm finances from anywhere using a QuickBooks Online company file, and view the status of all accounts in order to troubleshoot, easily detect changes, and undo prior reconciliations if needed.

Users can also find transactions that have an incorrect account or class, specify and write-off groups of invoices, and locate missing transactions. With the system, users can compare balance sheets and profit and loss statements to the prior year and prior month, analyze six and 12-month income and expense trends, and compare actual to planned figures.

“There are currently 1.5 million small businesses users of QuickBooks Online worldwide, and a new user joins up every minute of the day,” said Jill Ward, senior vice president and general manager of Intuit’s Accounting Professionals division. “With QuickBooks Online Accountant, accounting professionals now have tools designed specifically to serve this rapidly growing client base.”    

In addition, by the end of this year, accounting professionals will be able to move from accounting work in QuickBooks Online Accountant to tax work in Intuit Tax Online.

“It’s a match made in accountancy heaven and there is so much more to come,” said Ward. “Cloud-based and mobile technologies are reinventing how small businesses and accounting professionals do their job, enabling greater flexibility around when, where and how the work gets done. We’re leading our customers through this transition by delivering integrated online solutions that save time, lower their costs, create a competitive edge, and help them grow.”

QuickBooks Online Accountant is free to accounting professionals who work with at least one QuickBooks Online small business client.

For more information, visit http://proadvisor.intuit.com/qboa.

 

2 Comments

Your commnets were appreciated. The export feature is not used since Lacerte/Proseries are not used

Posted by: Marion F | October 31, 2012 1:45 PM

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Unfortunately QB Online CANNOT integrate with your desktop version of QB; FORCING You to mantain two separate programs that work differently from each other with all the associated costs for monitoring and training.

QBO does not have a backup to protect your client files and work from self-inflicted damage, you cannot go back to a point in time to reversoe those entries.

For those of you that are using shared version of QB to support your remote clients, this is an inferior solution.

Intuit's QBO and Intuit Tax Online are nothing more than a PLACEBO for a true Cloud version of their programs. If Intuit does not seriously develop Tru Cloud version of their programs, they will loose their considerable advantage.

Does any one out there really use the export feature to move their accounting work from QuickBooks to Proseries or Lacerte?

Posted by: jeromanix | October 25, 2012 11:19 AM

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