Intuit QuickBooks launches QuickBooks Ledger, a new cost-effective plan for accounting professionals
Prepare Self Assessment returns, see Income Tax estimates and submit VAT and Corporation Tax with QuickBooks Ledger. A low-cost solution for clients who don't need invoicing, estimates or receipt capture.
London, UK - 8 April 2024
Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announces the launch of QuickBooks Ledger, a new cost-effective plan for accounting and bookkeeping professionals to help them service clients with basic accounting needs, including year-end tax filing.
Accountants and bookkeepers often need to manage clients of varying sizes on different platforms and want to standardise this process. They also need a cost effective way to transfer data from spreadsheets into the cloud. However for low-transaction clients, it may not always make sense to invest in a full online solution.
New QuickBooks Ledger makes basic accounting more accessible to firms by providing an affordable solution that enables accountants and bookkeepers to fully bring their practice into the cloud, which in turn increases efficiency, improves team outcomes, and accelerates growth.
Using QuickBooks Online Accountant (QBOA), accountants and bookkeepers can manage end-to-end workflows for all of their clients.
Key benefits of the new QuickBooks Ledger plan include:
New savings, same simple workflow
Add company files to QuickBooks Online at a fraction of the cost—just £3 per month per subscription.
Ledger helps to streamline operations and increase efficiency by bringing more clients into QuickBooks Online, reducing time spent on spreadsheets or switching between accounting solutions.
Ledger is built into QuickBooks Online Accountant, so accountants can communicate with clients and their team through existing practice management tools.
Meet clients’ needs more efficiently
All clients’ bank and credit card transactions flow into QuickBooks Ledger automatically, so accountants can deliver financial statements and simple reports based on real–time data.*
Stay in control by managing client files end-to-end. Accountants’ Ledger clients simply have to connect their bank feeds and then they have the ability to review their transactions, or view their reports.
Meet clients’ needs wherever they are in their journey. Easily upgrade them from Ledger to the QuickBooks Online plan that’s right for their business.
Accelerate practice growth
Automate manual workflows to help save time and effort during year-end and tax season, so teams can focus on higher-value services.
Standardising accountants’ practice on QuickBooks Online simplifies training and onboarding so teams can focus more on professional growth and development
QuickBooks’ support teams are ready to answer questions about QuickBooks Ledger.
Nick Williams, UK Product Director at Intuit QuickBooks, says: “A key challenge we hear from accountants and bookkeepers who service clients across multiple platforms with different needs, is that this can be a huge barrier to efficiency, output, and growth. To solve this problem, we developed QuickBooks Ledger to standardise this process - allowing accountants to streamline operations by bringing more clients on to one platform.
“Accountants and bookkeepers can now grow alongside their clients by helping them wherever they are in their journey and easily upgrading them from Ledger to another QuickBooks Online plan when that’s the right time for their business.”
To find out more about QuickBooks Ledger and speak to one of our advisors, please visit: https://quickbooks.intuit.com/uk/accountants/ledger/?cid=dr_uk_ledger___123099-123099
Disclaimer
This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, and functionality are subject to change without notice.
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About Intuit
Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at Intuit.com and find us on social for the latest information about Intuit and our products and services.
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