PRESS RELEASE: Paul Glantz, CPA Appointed to Intuit’s Accountant Council

PRESS RELEASE


Contacts:           

Paul Glantz, CPA
Launch Consulting, Inc
512-666-0729
Paul@launchconsultinginc.com

Kim Amsbaugh, Intuit, Inc
650-944-6649
kim_amsbaugh@intuit.com

Paul Glantz, CPA Appointed to Intuit’s Accountant Council

Select Panel Advises on Products and Services that Accountants and Their Clients Want Most

            AUSTIN, TX – June 3, 2019 – Today, Intuit, Inc (Nasdaq: INTU) announced that Paul Glantz, CPA has been named to the company’s U.S. Accountant Council advisory board. Intuit’s mission is to power prosperity around the world, and it accomplishes this through its innovative ecosystem of financial management solutions that serve more than 50 million accounting professionals, small businesses and consumers worldwide.

As President of Launch Consulting, Inc., Glantz is one of 16 council members who will share their insights, experience and expertise to help Intuit develop new products and services for accounting professionals and small businesses worldwide. Glantz has more than 10 years of experience in providing advisory and accounting services that help small businesses thrive.

“We are excited to have Paul on our Council,” said Ariege Misherghi, leader of the Accountant Segment, Small Business and Self-Employed Group at Intuit. “As an accounting professional who embraces new technology and forward-thinking practices, Paul will be a critical member of our advisory board. He will be instrumental in helping us develop, enhance and deliver products and services that meet the needs of accounting professionals across the globe, ultimately allowing them to better serve their small business and self-employed clients.”

Glantz said he is looking forward to participating on council, “I’m honored and excited to be a part of this council. This is an opportunity for Launch Consulting to drive innovation for the future of accounting and the next generation of Intuit products. As an innovative CPA with a growing client base, I’ve immersed myself in becoming an expert in cloud-based accounting solutions and industry best practices, always putting the needs of our clients first. QuickBooks Online is a great solution for the entrepreneurs, technology businesses, and start-ups for which Launch Consulting provides strategic tax guidance and virtual accounting services. I hope that my contribution to this council helps drive product innovation at Intuit, providing valuable feedback addressing real world customer needs.”

Intuit’s Accountant Council meets periodically at Intuit’s Silicon Valley headquarters to get an inside look at the company’s strategy and product development. Members participate for up to two years, sharing their thoughts and insights on critical accountant and small business tools.

About Intuit Inc.

Intuit’s mission is to Power Prosperity Around the World. Our global products and platforms, including TurboTaxQuickBooksMint and Turbo, are designed to empower consumers, self-employed and small businesses to improve their financial lives, finding them more money with the least amount of work, while giving them complete confidence in their actions and decisions. Our innovative ecosystem of financial management solutions serves approximately 50 million customers worldwide, unleashing the power of many for the prosperity of one. Please visit us for the latest news and in-depth information about Intuit and its brands and find us on social.

Deciding between QuickBooks Online and QuickBooks Desktop? Here’s What You Need to Know!

It seems like every software company is moving to the cloud, cashing in on reoccurring revenue streams, and Intuit is no different. When QuickBooks Online was first released quite some time ago, the biggest issues were it’s clunky user interface and the lack of features in comparison with their desktop version. Now, I can confidently say that QBO has finally caught up! You’ve ask for it, so here it is! A comparison of QuickBooks Online (QBO) to it’s predessor, QuickBooks Desktop (QBDT).

QBO Features not in QBDT

  • Multiple A/R or A/P in one JE
  • Multiple Budgets per Fiscal year
  • Track Service Dates on sales forms
  • Delayed Charge form to hold sale till ready to invoice
  • Multiple devices (works on any type of device: PC, Mac, tablet, smartphone, etc.) • Phone app takes a pic of receipt, auto creates expense in QBO w/attachment, matches to bank feed.
  • Audit Log – much better than desktop as shows when users log in and out.
  • Unlimited view/read only users (Great for Non-Profits, Shareholders)

QBDT Features not in QBO (Can be done in QBO w/3rd Party Apps)

  • Robust Inventory – units of measure and assemblies
  • Robust job costing: • Allocating labor/payroll to Jobs
  • Progress Invoicing
  • Reporting
  • Sales Orders (QB Premier)
  • Progress Invoicing
  • Auto Send Reports
  • Price Levels

Levels of QBO

Self Employed

  • 1 Company user, 2 Accountant Users
  • Create and send invoices—Does not track A/R. No other transaction forms supported.
  • Separate business and personal expenses
  • Track Schedule C deductions
  • Quarterly estimated taxes calculated automatically
  • Automatic mileage tracking

Simple Start

  • 1 Company user, 2 Accountant Users
  • 20+ Reports
  • Track income & expenses
  • Basic financial & A/R reports
  • Bank feeds
  • Can do payroll and integrate w/3rd party apps
  • No General Ledger, Trial Balance or A/P reporting

Essentials

  • 3 Company users, 2 Accountant Users
  • 40+ reports
  • Manage & pay bills
  • Setup recurring transactions
  • Delayed charges
  • Company snapshot report
  • Group Items (called Bundles)

Plus

  • 5 Company users, 2 Accountant Users
  • 65+ reports
  • Up to 25 users, unlimited time tracking & reports only users
  • Class & location tracking
  • Income by Customer (basic job costing)
  • Budgets
  • FIFO inventory & PO’s
  • 2 sided item tracking (Double sided items)
  • Billable Time & Expenses
  • Unlimited view/read only users (Great for Non-Profits, Shareholders)

 

For clients that have specific needs where QBO may not solve entirely go to apps.com to expand usability of QBO and fill those gaps respectively. Here are a few that work really well with QBO and can be found on our apps.com website:

  • Inventory—SOS Inventory, Dear, Stitch Labs
  • Construction/Contract/Job Costing/Progress Billing—Knowify, BuilderTrend, CoreCon
  • Report Dashboards and KPIs—Fathom/Qvinci, Finagraph
  • Non-profits—Method Donor
  • Firm Practice Management—Aero Workflow/Harvest
  • Retail POS—Vend POS, Revel POS, SalesPad
  • Ecommerce—Shopify, Bigcommerce, Webgility/Unify

Looking to sign up now? Here’s a link where you can save 30-50% off your QBO subscription!

If you have any questions, feel free to reach out!

Credit: QBO Account Management Team/QBO Account Management Product Specialist Teams