QuickBooks Online is capable of managing your company’s bills, tracking mileage, handling invoicing and payments, and monitoring income and expenses. These features offer a high level of reliability and make it easy to oversee the finances of your company. Customers can pay their invoices online with QuickBooks, and the platform automatically sends customers payment reminders to ensure you get paid on time, every time. Meanwhile, the platform’s ability to import transactions and upload receipt photos makes it easier to track income and expenses without having piles of papers around your office.

You also benefit from QuickBooks Online’s ability to manage employees and contractors. Through the platform, you can assign payments to different 1099 categories, thus ensuring you stay compliant on all your contract workers. You can also pay your regular workers through the platform’s free, 24-hour direct deposit feature. These aspects of the platform make it easy to track who you pay, how much you give them, and when you pay them.