With the unexpected closure of Bench Accounting, many businesses are seeking a reliable and robust alternative to manage their finances. Migrating from Bench to QuickBooks Online is a strategic move that offers greater control, advanced features, and enhanced security for your valuable financial data. QuickBooks Online, a leading cloud-based accounting solution, empowers you to streamline your financial processes, gain deeper insights, and make informed business decisions.
Bench Accounting has announced that customers will be informed on how to access their data by December 30th.
This data, including current and prior year-end financials, receipts, and bank statements, will be available for download using your Bench login credentials until March 7th. Instead of simply downloading your data, seize this chance to transition to a more comprehensive and feature-rich accounting platform.
In this blog post, we’ll explore the advantages of QuickBooks Online and how MMC Convert can facilitate a seamless migration from Bench to Quickbooks Online, ensuring your financial data remains secure and accessible.
Features of QuickBooks Online Accounting Software
QuickBooks Online offers a powerful set of features designed to simplify and enhance your financial management:
1. Cloud-Based Accessibility: Access your financial data from anywhere, anytime, on any device with an internet connection.
2. Bank Reconciliation: Automate bank reconciliation to save time and ensure accuracy.
3. Invoicing: Create professional invoices, track payments, and send automated reminders.
4. Expense Tracking: Capture and categorize expenses, upload receipts, and generate expense reports.
5. Inventory Management: Track inventory levels, manage orders, and generate purchase orders.
6. Project Management: Track project time and expenses, and generate invoices for billable hours.
7. Reporting: Generate insightful financial reports to gain a clear understanding of your business performance.
8. Multi-Currency Support: Manage transactions in multiple currencies for international business.
9. Budgeting and Forecasting: Create budgets and forecasts to track your financial performance and plan for the future.
10. Mobile App: Access and manage your finances on the go with the QuickBooks Online mobile app.
11. Dedicated Support: Access QuickBooks Online’s comprehensive support resources and expert assistance.
Conversion Process to QuickBooks Online with MMC Convert
Migrating to QuickBooks Online becomes a straightforward and efficient process with MMC Convert. The steps involved are:
1.1 Start by filling out the migration order form on MMC landing page
1.2 On the first page of the order placement, please provide Bench login credentials through which MMC shall retrieve your records on the Bench dataset.
1.3 Complete payment
2. Please login into your QB Online portal and provide QBO admin access at migrations@mmcconvert.com
3. MMC shall start the migration process and provide you with an ETA. Expect migration to be completed within 3-5 working days.
4. MMC to complete the migration and provide a Quality Analysis Report in the form of Comparative Trial Balance matching each ledger between Bench and QB Online.
5. Post-Migration Support shall be provided by MMC without any additional cost for 7 days after the completion of the conversion.
Conclusion
While the closure of Bench Accounting may seem disruptive, it’s an opportunity to migrate from Bench to QuickBooks Online, a more powerful and versatile accounting solution. With MMC Convert, the transition is seamless and stress-free. We handle the complexities of data migration, allowing you to focus on what matters most – running your business.
Contact us today to learn more about how we can help you migrate to QuickBooks Online and gain greater control over your financial future.
