A frequent concern when discussing cloud based accounting with clients is what security measures are in place to ensure their data is protected. QuickBooks Online offer password-protected data as well as a two-step Authentication.
Two Step Authentication
Two step authentication means that as well as requiring a username and password to access QuickBooks Online you will also require additional verification which is only accessible to the user it is intended for. This could be done by the system sending a code to either a pre-programmed email address or phone number. The code is then required before the system will allow the user access.
Multiple Permission Levels
As well as this they offer multiple permission levels from within QuickBooks online meaning you are able to closely monitor the access rights of all your staff giving you complete control over who can edit data and who can see what.
Third Party Security
Intuit, the company responsible for QuickBooks Online, is also a licensee of the TRUSTe Privacy Program. This is a third-party organisation that ensures a set of strict guidelines are followed to protect all private information.