It's Big Awesome Savings time
Need help choosing a plan?
Created with Sketch. 1800 917 771 Schedule a call
Need help?
We're here for you.
Schedule call
Created with Sketch.
A person sitting at a desk with a laptop computer.
accountants and bookkeepers

Update your tech stack and beat the tax time blues

If you’re a QuickBooks accountant or bookkeeper, you’ll sleep soundly at night as we head into busy season, the end of the tax year. That’s because the QuickBooks suite streamlines workflows and gives you confidence you’re running your business and your clients’ accounts as efficiently as possible. If you’re new to QuickBooks, now’s the time to review your tech stack and make sure it’s fit-for-purpose in the lead up to 30 June. 

This is the first in a ten-part blog series that will cover how the QuickBooks suite manages key workflows like tax lodgement, practice management, client engagement and more. Much of the content for these pieces was drawn from QuickBooks 2023 roadshow, where accountants and bookkeepers got the opportunity to learn all about the QuickBooks suite made up of QuickBooks Online Accountant, QuickBooks Tax powered by LodgeiT and QuickBooks Online including QuickBooks Payroll.

This online suite includes everything you need to run your clients’ books and manage your practice from anywhere, at any time. Being an integrated solution, there’s no need to re-key data across these systems, so there’s less chance of error and every chance your business will benefit from efficiency gains. 

Taking us on our journey of the QuickBooks suite over this blog series will be our fictitious accountant, Emily Everest, who many met at the recent QuickBooks roadshow. Through Emily, we will explore everything the QuickBooks suite of accounting, tax and practice management tools have to offer. She’s going to show us how to use many features that have the potential to transform the way you work. 

But first, to introduce our three product heroes.

Introducing the QuickBooks suite

1. QuickBooks Online Accountant

Is a cloud-based solution that helps accountants and bookkeepers streamline their workflow, store documents, capture time, invoice clients and deliver enhanced client service. The main dashboard provides accountants and bookkeepers with access to exclusive tools for managing client accounts, tracking work and collaborating with your team and clients. 

Its features include:

  • Client management: record client information, share documents, access their financial data and collaborate with them from a central dashboard.
  • Work management: assign team members’ tasks, track progress and manage deadlines.
  • Time and billing: capture time and invoice client efficiently
  • Reports and analytics: generate practice reports and analyse financial data.
  • Integration: integrates with QuickBooks Online and QuickBooks Tax powered by LodgeiT and third-party apps like Mailchimp, Ignition and more.

Grow Your Business with QuickBooks

2. QuickBooks Tax

Powered by LodgeiT is cloud-based tax and BAS preparation software. It streamlines the preparation and lodgement of BAS and tax returns, managing client information and tracking deadlines. It saves time and reduces errors during tax season.

Its features include:

  • Automated data import: automatically import client data from QuickBooks Online and other accounting software.
  • Built-in calculators: for managing depreciation and hire purchases for example.
  • Client management: manage client information, track deadlines and generate reports.
  • Collaboration: collaborate with clients and team members in real-time, with access to a shared dashboard and messaging system.

Electronic approvals: streamline your BAS and tax workload with unlimited e-signature approval functionality.

3. QuickBooks Online

Is an easy-to-use, powerful and flexible cloud-based accounting solution that helps accountants, bookkeepers and small businesses manage their finances. It includes functionality for quoting, invoicing, expense tracking and financial reporting. Exclusive functionality for accountants and bookkeepers streamlines the BAS and EOFY accounts preparation process.

Its features include:

  • Automated bank feeds, coding and collaboration tools.
  • Dynamic quoting and invoicing with mobile access
  • Bill tracking and payments.
  • Tailorable financial reporting.
  • Integration capabilities with other business applications like Mailchimp and Shopify. 

Benefits fit for a Pro

If you’re an accountant or bookkeeper, you can access the QuickBooks suite as part of the QuickBooks ProAdvisor program. The way it works, the more training you do and the more clients you have who use QuickBooks Online, the more benefits you unlock.

Now you know all about how the QuickBooks suite can streamline your practice and take the stress out of tax time. In the next article in this series, we will look more closely at how QuickBooks Tax powered by LodgeiT can help you streamline your tax and BAS workflow for the new financial year.

Watch all the action from the 2023 QuickBooks roadshow here to stay up-to-date with all our new features. 

Ready to turn workload into workflow? Download this eBook to uncover steps to review the technology you use in practice and ensure you are set up for success. We are here to support you. Take the stress out of EOFY, boost your team’s productivity, and power through tax and BAS preparation and lodgements, with these guides and tips. Visit the EOFY hub now.

Related Articles

Looking for something else?

Get QuickBooks

Smart features made for your business. We've got you covered.

Help Me Choose

Use our product selector to find the best accounting software for you.

QuickBooks Support

Get help with QuickBooks. Find articles, video tutorials, and more.

Stay up-to-date with the latest small business insights and trends!

Sign up for our quarterly newsletter and receive educational and interesting content straight to your inbox.

Want more? Visit our tools and templates!

By signing up you are agreeing to our terms and privacy policy.

A happy small business owner signing up for the QuickBooks newsletter on laptop