(upbeat music)
- We want QuickBooks to be the source of truth
for your business.
At the heart of this is the power of the data
that QuickBooks brings together.
I'm so proud to share some
of the innovations we've been working on,
to make QuickBooks work even harder for you.
Let's start with tracking expenses.
Many small business owners feel that they spend half
of their time on accounting tasks.
And much of that is paper and spreadsheets.
QuickBooks frees you from manual data entry,
automatically importing and categorizing data,
from your connected bank accounts, credit cards and apps.
And we're continuing to focus in this area
because it will help you save time and money.
For example, today buying things
through Amazon business is awesome,
but going into manually record every individual line item,
is time-consuming and difficult.
We've integrated Amazon business seamlessly into QuickBooks.
It makes tracking and categorizing expenses easier
than ever.
All of the details of your Amazon business purchase,
the item details, quantity shipping costs
and sales tax are automatically in QuickBooks.
Now you can easily categorize each individual item
before adding them to your books.
Then each item is automatically pulled in, categorized,
and reconciled in your bank transactions.
This allows you to get every item
in the right expense category in the fastest way possible.
Beyond that we continue to expand our integrations
to help you save time, and establish that source of truth.
QuickBooks Online connects
to more than 20,000 financial institutions.
We also have more
than 650 third party app integrations available
in our app store.
QuickBooks also helps you stay compliant
and maximize tax deductions,
whether it's automatically sorting expenses,
capturing receipts or miles,
or getting those automatic quarterly tax calculations,
organization is easy and you can have peace
of mind you're ready for tax time.
Let's zoom in on one of the gnarliest taxes, sales tax.
Staying compliant with state
and local tax agencies can be complex,
especially if you're selling online.
We couldn't be more excited
to share the new streamlined automatic sales tax center.
Here's how it works.
Let's say that you're a clothing store in Massachusetts.
When creating an invoice for your customer,
QuickBooks automatically calculates the sales tax rate,
based on what and where you're selling.
And when it's time to pay your sales tax,
it's organized and easily reviewed.
We support all of the sales tax jurisdictions
in the United States,
and our team of experts review
and update the rates every month.
That means if you're expanding your sales across state lines
or agencies make changes, we've got you covered.
Now as I mentioned earlier, bringing all of your data
into one place
so you can fully understand your business finances
and make smart decisions,
is what QuickBooks does really well.
Our reports provide a great foundation
for gaining insight like profit and expense.
But each business is unique.
What if you wanna know how much money you made
or spend on a specific client.
Or which storefront is generating the most income.
That is why we created tags,
customizable labels that let you track information,
by tagging it in a way that makes sense for your business.
For example, let's say you own a construction company.
Tags may come to life at the point of invoicing,
right from the invoice, you can tag the source of income
however you want.
And even add multiple tags to track more information.
You can also add tags in banking
to understand the expenses associated
with a specific project.
Then with just one click,
you can see every dollar spent and made,
that is associated with your specific tags,
and you can dive in as deep as you want to.
The possibilities are endless,
when you think about all of the different ways to customize
how you track income, expenses, and optimize your business.
Lastly, we know that small business success is a team sport,
having an expert in your corner gives you an advantage.
We've made collaboration with your accountant,
even more seamless.
You can easily share your books with your accountant
and collaborate directly within QuickBooks.
Or if you don't have an accountant or bookkeeper already,
you can get expert advice on demand
through QuickBooks Live.
QuickBooks certified bookkeepers can help you
with setting up QuickBooks or ongoing bookkeeping.
We've made it faster and easier to bring in the data
into QuickBooks automatically.
We've enhanced the intelligence that you can apply
to the data to help save you time and money.
And we've made it even simpler for you to customize
and harness the power of that data, to get deeper insights
to help you make smarter business decisions.
All of that so you can get back to doing what you do best.
Thank you.
(upbeat music)