![]() Receipt capture in QuickBooks Online mobile app 12. You can upload an unlimited number of receipts to QuickBooks Online as the receipts are stored in the cloud along with your data. QuickBooks allows you to attach a receipt to the corresponding banking transaction. All QuickBooks Online subscribers can download the QuickBooks app to their mobile devices for free, take a picture of a receipt, and upload it to QuickBooks Online in a few minutes. Scan ReceiptsĪnother key to making tax time a breeze is being able to organize your receipts in QuickBooks. ![]() However, because it’s integrated completely within QuickBooks, the sale, credit card fee, and cash deposit are all recorded automatically as they occur. QuickBooks Payments is similar to other merchant services. You can add QuickBooks Payments (formerly known as Intuit Merchant Services) so that customers can pay online directly from their emailed invoice. One of the best ways to improve your cash flow is to offer customers the option to pay their invoices online. Better yet, with QuickBooks Online, you can invite your tax preparer to access your account directly so that they can review your numbers and print whatever information they need to prepare your return. If you use QuickBooks during the year, all you need to do at tax time is print your financial statements. By far, the largest headache in preparing a tax return is compiling your income and expenses. Perhaps the most important thing QuickBooks can do for your small business is to simplify tax time. Inventory Valuation Summary report in QuickBooks Online 9. Here’s a video link from Intuit on how small businesses use QuickBooks Payroll:
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