QuickBooks Online (sometimes abbreviated as QBO) is a cloud-based accounting software for SMBs. QBO offers the ability to track income and expenses, create estimates and invoices, manage and pay bills, and more. We’re thrilled to be able to make it easier than ever for you to access and analyze your QBO data!
Launching this new integration all started with one comment on our blog:
Then, another:
Before long, you were asking us often about a QuickBooks Online integration. We heard you loud and clear. Now, we are excited to present our brand new QuickBooks Online integration!
Our QBO integration gives you the ability to visualize and track your financial metrics in real time. You no longer need to wait for your P&L (Profit and Loss) at the end of the month. When combined with any of our other integrations, you’re provided with a single view of the metrics you need to run your business. You no longer need to log into each data source and spend hours creating and updating a spreadsheet.
One of our favorite QuickBooks Online metrics breaks down your YTD revenue by type. This enables you to see trends in the type of revenue you’re making.
Another great QBO metric to track is your Service Margin Percentage. This helps you understand trending performance and will help you increase your profit margins.
Sales Cost as a Percentage of Revenue/Gross Margin is perfect for performing Sales expense analysis. This metric gives you the ability to understand how sales will fit into your cost structure.
You can also track your revenue using whichever time frame you choose! Our sample QuickBooks Online dashboard breaks down revenue by quarter and year, but with BrightGauge, you have the ability to watch it monthly or even daily!