Mountain View, California, United States:
From Austria to Zimbabwe, small businesses globally for the first time
can easily create localized invoices, pay bills and track expenses with
the availability of QuickBooks Online,
from Intuit Inc. (NASDAQ: INTU), the
makers of QuickBooks and provider of connected services trusted by more
than 60 million customers.
“The entrepreneurial spirit is alive and well around the world, and a
critical part of the global workforce and gross domestic product,” said
Alex Lintner, president of Intuit’s Global Business division. “With
QuickBooks Online becoming available globally, we can now help the 29
million small businesses in the U.S., as well as the more than 500
million small businesses worldwide effectively manage their operations
and achieve financial success.”
QuickBooks Online financial software offers an affordable and powerful
cloud solution that is optimized for around-the-world use. Currently,
more than 360,000 small businesses are using QuickBooks Online. Since
its beta rollout in July 2012, small businesses in 130 countries have
started using the product.
Intuit’s commitment to harnessing the power of many is part of the
company’s evolving connected
services strategy, which was outlined today by Intuit CEO Brad Smith
at the company’s annual Investor Day.
Customized for Local Impact
Participation-driven innovation is at the heart of the QuickBooks Online
platform, which is built to be flexible so customers can make it fit the
needs of their businesses and their country. This allows nationals
worldwide the opportunity to optimize QuickBooks Online with their home
country’s currency, date and number format as well as accounting scheme.
Additionally, QuickBooks Online can handle sales taxes for any country
and includes a translation tool so customers can use the solution in
their home language, making QuickBooks Online truly specific to each
country’s culture and way of doing business.
“The QuickBooks Online platform allows for customer configuration,
user-defined tax rates and country-specific interactions that make a
small business in the Philippines, for example, feel like QuickBooks
Online has been developed explicitly for their country,” said Dan
Wernikoff, senior vice president and general manager of Intuit’s
Financial Management Solutions division. “Highly customizable content
makes QuickBooks Online local everywhere, helping the world’s small
businesses and accountants quickly get set up and running their business
anywhere in the world.”
Focused on the common needs of small businesses around the world,
QuickBooks Online gives an intimate portrait of the business all in one
place so small businesses can focus on their passion of helping
customers and growing their business. Through QuickBooks Online, small
Help save time on common finance tasks, such as invoice creation,
managing sales tax and organizing sales receipts.
Get set up to be paid faster with tools to help centralize income
forms (estimates, invoices, sales receipts, etc), summarize totals for
due or past due transaction items as well as tips to help take
Easily track customers, orders, income and expenses so a small
business can always see where it stands.
Gather all tax relevant information in one place to avoid tax time
Leverage the power of the cloud via a mobile device to stay on top of
finances while on the road.
Get in-depth business insights with reporting tools that analyze their
business and industry trends to help them move their business forward.
“I very much depend on intuitive and easy-to-use software to help keep
my costs low. Often, I find that cost and ease-of-use are correlated,
and I typically have to sacrifice one for the other,” said Fong Min Hun,
owner of Craft Writing Consultants of Selangor, Malaysia. “Not so with
QuickBooks Online, which has proved itself to be an affordable and
intuitive product. The fact that everything is available via the Cloud
also helps me coordinate with my accountant and other business partners
without having to worry about minor details such as the availability of
software and file servers.”
Learn more and sign up for QuickBooks Online at global.intuit.com.
The QuickBooks Online suite offers three different versions based on a
small business’ needs: QuickBooks Simple Start, QuickBooks Essentials
and QuickBooks Plus. Costs start as low as $15 per month.
QuickBooks Online Global Video
QuickBooks Online Infographic
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QuickBooks Global on
QuickBooks Global Blog
Online Press Kit
QuickBooks on Twitter
Intuit on Twitter
Intuit on Facebook
Intuit Small Business Blog
QuickBooks Online’s Heather Kirkby, “The
Cloud: Big Benefits for Small Businesses”
QuickBooks Online’s Heather Kirkby, “From
Skeptical to Successful”
About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management
solutions for small and mid-sized businesses; financial institutions,
including banks and credit unions; consumers and accounting
professionals. Its flagship products and services, including QuickBooks,
Quickenή and TurboTax,
simplify small business management and payroll
processing, personal finance, and tax preparation and filing. ProSeriesή
and Lacerte are Intuit's
leading tax preparation offerings for professional accountants. Intuit
Financial Services provides enhanced online banking solutions and unique
insights to help banks and credit unions serve businesses and consumers
with innovative solutions.
Founded in 1983, Intuit had annual revenue of $4.15 billion in its
fiscal year 2012. The company has approximately 8,000 employees with
major offices in the United States, Canada, the United Kingdom, India
and other locations. More information can be found at www.intuit.com.
Intuit, the Intuit logo and QuickBooks, among others, are registered
trademarks and/or registered service marks of Intuit Inc. in the United
States and other countries.
Michael Porcaro 415-652-8326
Whitney MacDonald, 415-844-6294