The Howdy Glossary

QuickBooks Online is an accounting software for small and medium-sized businesses. The platform offers features such as invoice management, income and expense tracking, financial reporting, online banking integration, inventory management capabilities through add-ons or the Plus plan itself, time tracking tools for projects and employees' hours worked on specific tasks. QuickBooks Online can also automate tasks like recurring transactions and manage 1099 contractors. It simplifies tax preparation by allowing users to categorize income and expenses correctly throughout the year. Additionally, multiple users can access accounts from different locations with specialized permission levels to control what information each employee can view or modify within the accounting system.