The QuickBooks Online Sample Company provides a free, interactive demo account that you can use to experience all of QuickBooks Online features. It enables users to check out the features of QuickBooks Online has to offer before they sign up, provide personal information, or accidentally impact real financial data.
This Software is specifically designed for small businesses. But it is useful for beginners, accountants, and trainers, as well. Those who prefer QuickBooks software for accounting from first-hand experience before making a long-term commitment and paying expensive subscription fees. In this article, we are going to discuss what this sample QuickBooks online company and how to get the most out of it.
What is QuickBooks Online Sample Company?
QuickBooks Online is a robust accounting software that has changed the way companies manage their finances. Whether you are running a business or starting from scratch, the QuickBooks online sample company test drive feature is a great way to get a feel for the functionality of the platform. The QBO Test Drive, provided by Intuit, is a free, interactive demo that lets you explore the features of QuickBooks Online without signing up or entering payment information.
This QuickBooks Software created for entrepreneurs, accountants, and small business owners. This is your choice to experience QuickBooks special functionality before you start with real accounting. The test drive is perfect for training, testing, or learning and helpful for new customers or comparison shoppers of accounting software.
You get free access to try out how to create transactions, run reports, customize invoices, or use the dashboard. Each session resets itself, so you don’t have to save any changes, great for practicing without any risk.
How to use the QBO Sample Company?
The QuickBooks Online Sample Company is easy, and it does not require any sign-up or download. It is a free browser based demo from Intuit, and it gives you a hands-on look at the features of QuickBooks Online sample company file.
Here are some steps to guide you to know and start a test drive in simple terms:
- To see your financial look, you can navigate through the dashboard.
- Generate test invoices or sales receipts and send them off.
- Record expenses and bills.
- Create or help customers, suppliers, employees, and others.
- Integrate bank and credit card accounts.
- Create and show the report,s such as Profit & Loss, Balance Sheet.
Features of QuickBooks Online Sample Company
The QuickBooks Online demo has everything except a bank account connection.
Familiarize with the QuickBooks Dashboard
If you are a user of QuickBooks for the first time, the test drive dashboard will help you to know each and every feature. The QuickBooks Online demo offers full dashboard access with the sample company QBO. You can investigate any feature and try out things to make more easier. There, you can see expenses, reports, and profit and loss for the various time periods.
Specialized Reports
You can tailor and view many reports in the QuickBooks Online edition. Some of the reporting options are invoice list, open purchase order, and profit and loss. If you click on the Reports tab, you there are some of the most common reports you see at the top. There are additional ones that you can see by scrolling the window. You can also redesign the report.
Track Inventory
In QBO Sample Company, you can learn and practice of track inventory, manage stock’s deficiency and surplus. It allows you to update inventory. set recorder points, and monitor movements of the stock without affective live business data.
Customize Invoices
There are plenty of customizable invoice templates to use with the QuickBooks Online demo account. You may choose the template or start fresh. You can edit your invoice according to your needs or like it, and also make changes in logo, color, and font, also then you are done. Then, you can download it in a PDF form. You can even practice creating the invoice with the best for your new clients.
Pros & Cons of QuickBooks Online Sample Company
Here are the advantages and disadvantages of QBO sample company file, you can check below.
Pros of QBO Sample Company
- Hands-on Feature Exploration: You can try some of the essential features like creating an invoice, tracking an expense, or viewing a report, without entering any of your own business information.
- Learn the Interface: It offers a risk-free, no-cost source of familiarity with the QuickBooks interface and navigation.
- Understand Core Functions: You can observe how bank feeds bring in transactions, and how data looks when it comes into your accounts.
- No Financial Risk: Just remember it’s a demo, so you can experiment with various situations without costing yourself any money.
Cons of QBO sample Company
- Limited Data: The example organisation uses sample, non-tailored data that wouldn’t provide a true representation of a business’s specific financial situation.
- Lack of Real-World Scenario Testing: You can’t try integrations with your real banks or third-party apps, which is a critical piece of a real bank account.
- Restricted Access: The demo is usually limited in the number of roles a user can have and does not give access to all features, in particular those for certain subscription levels.
- No Actual Business Setup: You are not able to configure your own chart of accounts, payroll, or industry-specific features that a business needs to operate.
- Not a Full Experience: The sample company meanwhile, does not meet the needs of companies with sophisticated requirements or for those who want to test individual workflows.
Conclusion
The QuickBooks Online sample company by intuit, which allows users to view and understand the QBO platform using pre-loaded data and processes, without affecting any of their personal financial information. It serves as a valuable tool for understanding QBO’s features, educating clients, or showing its abilities.