*REVENUE SHARE OFFER TERMS
Eligibility: QuickBooks Online Accountant ("QBOA") firms are eligible to apply to enroll in the "Revenue Share Program" and add and manage only new subscribers through "Add Client" for certain subscriptions ("Revenue Share Subscriptions") and add-ons ("Revenue Share Add-Ons").
See AlsoQuickBooks Desktop Payroll discontinuation policyAreas, Activities and Access LevelsYear-end guide for QuickBooks OnlineAnnouncing changes to QuickBooks Desktop Payroll - Firm of the FutureRev Share Subscriptions means the following QuickBooks services: QuickBooks Online Simple Start, Essentials, Plus, and Advanced; and QuickBooks Online Payroll Core, Premium, and Elite. The Rev Share Add-Ons means the per-employee fee and multi-state charge for QuickBooks Online Payroll. The Rev Share Subscriptions and Add-Ons do not include other optional add-on services for which Intuit charges a fee and is not already included in the base fee for the subscription.
Only one (1) QBOA user may enroll the QBOA firm in the Revenue Share Program. Intuit reserves the right to accept or decline any QBOA firm.
Offer Terms: Each Revenue Share Program participant is eligible to receive a 30% revenue share on the Rev Share Subscriptions and 15% revenue share on the Rev Share Add-Ons for the first 12 months of the paid subscription ("Rev Share Payment(s)"), starting from the date the client starts paying for the subscription. The first month of the Revenue Share Subscriptions and Revenue Share Add-Ons, starting from the date of enrollment in the subscription, is free. After the first month of the Rev Share Subscription, a 50% discount is applied to the then-current monthly list price for three (3) months, followed by the then-current list price. After the first month of the subscription, if the client enters their payment details and pays for the subscription, the firm is eligible to receive Rev Share Payments for the subsequent 12 months only. Each Rev Share Subscription must be client-billed, and cannot be paid for by the QBOA firm. Cannot be combined with any other Intuit offer. Offer valid for a limited time only, only in the U.S., and is non-transferable.
Review additional details regarding the Revenue Share Program.
Intuit may terminate these terms or the Revenue Share Program or modify the terms or the Revenue Share Program for any reason and at any time, at Intuit's sole discretion, without notice. Terms, conditions, pricing, special features, and service and support options are subject to change without notice.
Review full ProAdvisor Program terms & conditions.
*MIGRATION ASSISTANCE OFFER TERMS
Free assisted migration from QuickBooks Desktop Pro, Premier, Mac, or Plus (“Desktop”)to QuickBooks Online Simple Start, Essentials, Plus, or Advanced (“QuickBooks Online”) is available to customers who sign up to migrate to QuickBooks Online or until July 17, 2023 and subject to capacity. Customers must initiate migration by July 31, 2023.The offer is eligible to Desktop customers that are migrating their Desktop data to QuickBooks Online. Assisted migration is limited to a 1-hour session with a customer success product expert. Intuit reserves the right to limit the number of sessions and the length and scope of each session. Results may vary based on business complexity and file size. Terms and conditions, features, support, pricing, and service options subject to change without notice.
#CLAIMS:
1. Based on a survey conducted November 2020 of accounting professionals who had an opinion about using recurring transactions and Bank Feeds available in QuickBooks Online in the U.S. Additional terms, conditions, and fees may apply with recurring transactions and Bank Feeds.
2. Based on a survey conducted in November 2020 of certified QuickBooks ProAdvisors in the U.S.
3. Based on a survey conducted November 2020 of accounting professionals who had an opinion about using QuickBooks Online in the U.S
4. Based on a survey conducted November 2020 of accounting professionals who had an opinion about using recurring transactions and Bank Feeds available in QuickBooks Online in the U.S. Additional terms, conditions, and fees may apply with recurring transactions and Bank Feeds.
FAQs
What is the main benefit of QuickBooks Online accountant? ›
Track time and manage payroll all in one place
Your clients can track time, pay their team, and access health benefits and HR support from one platform. Plus, they can seamlessly sync time tracking data to accounting for more efficient payroll and invoicing.
We save them time. 94% of accounting professionals agree that QuickBooks Online saves them and their clients time by automating features like recurring transactions and bank feeds.
What can my accountant do in QuickBooks Online? ›Learn how to add your accountant in QuickBooks Online. With access to your company, your accountant can review your books, make corrections, and collaborate on any issues. Accountant users have additional privileges that let them undo entire reconciliations, reclassify transactions, and write off invoices.
Which of these statements about QuickBooks Online accountant and QuickBooks Online are true? ›In summary, the three true statements about QuickBooks Online Accountant are: - It's where your clients go to enter transactions. - It is the platform through which you access your clients' QuickBooks Online files. - It allows you to manage your team.
What are the disadvantages of QuickBooks Online? ›- Limited Functionality: ...
- Subscription Costs: ...
- Internet Dependency: ...
- Limited Customization: Compared to its desktop counterpart, QuickBooks Online offers fewer customization options.
- Better shared access to data with employees and your accountant.
- No software or local data to manage – no upgrades or release updates.
- Robust assistance center with online chat.
- Easier app sync with nightly automatic downloads.
- No backups and your data is secure on Intuit servers.
If you're looking for an accounting software that will automate most of your bookkeeping tasks, QuickBooks is probably not the right fit for your business. For example, QuickBooks doesn't have a double-entry bookkeeping feature. This means that you can't track your expenses and income in two separate accounts.
Why are people leaving QuickBooks? ›QuickBooks is designed as a generic accounting and bookkeeping platform for a wide variety of businesses, and it fulfills its purpose. However, the software lacks the functionality and features that businesses need to increase their efficiency, profitability, and scalability.
Do CPA firms use QuickBooks? ›QuickBooks Online Accountant is trusted by over 600,000 accountants worldwide. See why CPAs and chartered accountants choose QuickBooks Online Accountant.
What is the difference between QuickBooks Online and accountant? ›What's the difference between QuickBooks Online and QuickBooks Online Accountant? QuickBooks Online Accountant is a cloud-based portal that allows an accountant to access their clients' data in QuickBooks Online from any computer.
Can you have 2 accountants in QuickBooks Online? ›
Select Accounting firms. If you are inviting an accountant for the first time, enter the accountant's email address, then select Invite. Follow the prompt to verify your account. If you are adding a second accountant, select Invite then enter their name and email address, then select Save.
Why do accountants like QuickBooks? ›QuickBooks Online Accountant makes it simple for accountants and bookkeepers to manage their own, and their clients', businesses by streamlining workflows and driving efficiencies. The result is better financial reporting, valuable business insights and a more productive practice.
Does QuickBooks Online report to IRS? ›While QuickBooks itself doesn't directly report to the IRS, it equips businesses with the tools needed for accurate financial reporting, reducing the chances of errors or discrepancies that might trigger an audit.
Is QuickBooks Online a government approved accounting system? ›While QuickBooks Online may not be inherently DCAA compliant, with the right setup and training, it is a powerful tool that can help government contractors meet all of the DCAA's accounting requirements.
How many accountants are there in QuickBooks Online? ›| EasyStart | Advanced | |
|---|---|---|
| QuickBooks Online Users | 1 (no change) | 25 |
| Accountant Users | 2 (no change) | 3 |
| Time tracking-only users | N/A | Unlimited |
| Report-only users | N/A | Unlimited |
What's the difference between QuickBooks Online and QuickBooks Online Accountant? QuickBooks Online Accountant is a cloud-based portal that allows an accountant to access their clients' data in QuickBooks Online from any computer.
What are the advantages of QuickBooks Online over desktop? ›QuickBooks Online is a better fit for businesses that prioritize real-time collaboration and better accessibility to their accounting data. QuickBooks Desktop is best for businesses that prefer implementing locally installed software. It provides better control over data and more stability.
What is the advantage of using QuickBooks? ›QuickBooks has easy-to-use software that is customer oriented. Even if your company does not have a big accounting department, this software is made to be used by many people and its design is really easy to understand; 2. QuickBooks can help you manage your taxes easily.