Does Quickbooks offer online payment processing? What would be the advantages and disadvantages of using online payment processing? What do you recommend for yo
Does Quickbooks offer online payment processing? What would be the advantages and disadvantages of using online payment processing? What do you recommend for yo
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter11: Investment Planning
Section: Chapter Questions
Problem 8FPE
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Does Quickbooks offer online payment processing? What would be the advantages and disadvantages of using online payment processing? What do you recommend for your company?
Expert Solution
Step 1
Quick Books Online provides business owners with a convenient remote access option. You, your bookkeeper or your accountant can log in to your Quick Books account from any web browser, which gives you powerful access to information on the go. This online service is a great fit for service-based business.
Advantage of online payment method
- Easy to use and learn.
- Integrates well with other systems and flexible with 3rd party applications.
- Provides good accounting reports.
- Affordable price.
- Easy to access from any device – phone, tablet and computer (depending on the version)
- Easy to find and fix errors/mistake
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