Quickbooks Ledger launched

Intuit Quickbooks has launched Quickbooks Ledger. A new cost-effective plan for accounting and bookkeeping professionals to help them service clients with basic accounting needs, including year-end filing.

Accountants and bookkeepers often need to manage clients of varying sizes on different platforms and want to standardise this process. They also need a cost-effective way to transfer data from spreadsheets into the cloud. However. for low-transaction clients, it may not always make sense to invest in a full online solution.

New QuickBooks Ledger makes basic accounting more accessible to firms by providing an affordable solution that enables accountants and bookkeepers to fully bring their practice into the cloud, which in turn increases efficiency, improves team outcomes, and accelerates growth.

Using QuickBooks Online Accountant (QBOA), accountants and bookkeepers can manage end-to-end workflows for all of their clients.

Nick Williams, UK Product Director at Intuit QuickBooks, says: “A key challenge we hear from accountants and bookkeepers who service clients across multiple platforms with different needs, is that this can be a huge barrier to efficiency, output, and growth. To solve this problem, we developed QuickBooks Ledger to standardise this process – allowing accountants to streamline operations by bringing more clients on to one platform.

“Accountants and bookkeepers can now grow alongside their clients by helping them wherever they are in their journey and easily upgrading them from Ledger to another QuickBooks Online plan when that’s the right time for their business.”

Key benefits of the new QuickBooks Ledger plan include:

New savings, same simple workflow

  • Add company files to QuickBooks Online at a fraction of the cost—just ÂŁ3 per month per subscription.
  • Ledger helps to streamline operations and increase efficiency by bringing more clients into QuickBooks Online, reducing time spent on spreadsheets or switching between accounting solutions.
  • Ledger is built into QuickBooks Online Accountant, so accountants can communicate with clients and their team through existing practice management tools.

Meet clients’ needs more efficiently

  • All clients’ bank and credit card transactions flow into QuickBooks Ledger automatically, so accountants can deliver financial statements and simple reports based on real–time data.
  • Stay in control by managing client files end-to-end. Accountants’ Ledger clients simply have to connect their bank feeds and then they have the ability to review their transactions, or view their reports.
  • Meet clients’ needs wherever they are in their journey. Easily upgrade them from Ledger to the QuickBooks Online plan that’s right for their business.

Accelerate practice growth

  • Automate manual workflows to help save time and effort during year-end and tax season, so teams can focus on higher-value services.
  • Standardising accountants’ practice on QuickBooks Online simplifies training and onboarding so teams can focus more on professional growth and development
  • QuickBooks’ support teams are ready to answer questions about QuickBooks Ledger.