Post
Topic
Board Press
Re: 2013-09-16: BitPay surpasses 10,000 merchants, adds QuickBooks support
by
BitPay Business Solutions
on 17/09/2013, 20:42:25 UTC
The Quickbooks support is the killer app here.  The articles almost bury the lead.

Along with Quickbooks integration you get the whole basket of compliance regimes that every small business needs in order to feel very confidant that they are going to be able to use Bitcoin just like all their other payment methods without any new headaches.

They get GAAP, they get clear unit of account, they get tax compliance, they get a way for their accounting to accommodate it without doing any extra technical stuff.
The merchants want to focus on the things that make their business a success.  Keeping their inventory fresh, providing great service, being awesome at what they do whatever that is.  This provides them the opportunity to do that rather than deal with the arcane ephemera of Bitcoin issues.


Thanks!  We will be promoting this very shortly.  But yes, making the merchant's accountant happy with Bitcoin will  make things much easier for businesses looking to accept bitcoin.