Having a strong password associated with your QuickBooks file is important for two reasons:
It's easy to get your head around number 1 but what about number 2? Yes, there are those rare times when an employee may not be as trustworthy as you had hoped. And he or she may be able to view or even manipulate data in QuickBooks, simply because of a weak password or because it was shared. There also may be data you don't want certain staff members to see.
Besides just requiring a password to get into QuickBooks, Intuit has extra layers of security for users. One layer requires a person attempting access to QuickBooks to verify that he or she is authorized to use the file. Another has to do with credit card information. If a user stores customer credit card data in QuickBooks, or has the "credit card protection" feature turned on, a password must be created to get into the software.
The final layer is for the administrator of the account. QuickBooks will notify the admin if other users haven't set up a password. The admin will have the ability to recommend other users create a password or the admin can assign a password to a user.
Here are other security tips to ensure data safety:
So, yes, passwords can be a pain to come up with and update. But the real problems will begin if your data is hacked or money is stolen from your business. So, keep things easy. Make your passwords difficult.
Get in touch today and find out how we can help you meet your objectives.