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Learn More About quickbooks.intuit.com
QuickBooks® is proprietor software used for accounting purposes. It was developed by Tom Proudx and Scott Cook of Intuit Inc. in 1983 in Mountainview, California, United States. The target audience of this software is mainly small and medium businesses as well as the growing businesses. It is by far the most popular accounting application used in the world commanding a user base of upto 3.7 million users as at mid-2008. QuickBooks® was created as a modification to its precursor Quickens which failed to operate in a double-entry fashion. Intuit Inc. sought the right of use of Parsons Technology’s MoneyCounts®. This program being a double-entry, was incorporated into Quickens and the resultant was a double-entry QuickBooks®. QuickBooks® saw its first public release in the year 1994. The QuickBooks® application now runs on various platforms and can be synchronized to run on all the devices of a client. For personal computers, the available versions run on Windows and OS X operating systems. The program also runs on smartphones. Available are apps for iPhone, iPad and Android phones and tablets. These can all be linked by signing in to the programs on the devices using the same email address. The information will then be synchronized across all the devices.
QuickBooks® Online is a feature of QuickBooks® that enables the users to access the program anywhere, anytime (as long as they are connected to the internet) and hence pegs its advantage on flexibility. It employs the cloud storage and is thus known as a cloud accounting and book keeping software. The advantage of QuickBooks® Online is that it doesn’t require much space on the device since all the data is remotely stored. Businesses using QuickBooks® Online no longer bear the task of maintaining a network or employing an IT person since all the data is managed by the manufacturer. The ease of setup also of QuickBooks® Online offsets the need for expert input and more the reason why many people are opting for it. QuickBooks® Online is the best priced off all accounting software, with its products targeted at different groups of businesses. The cheapest package (EasyStart) retailing at only $12.99 per month or $124.99 per year with occasional waivers, has basic features. These include tax preparation and filing done quarterly and at the end of the year, automatic backup of users’ data, financial reporting, ability to download bank transactions and keeping track of income and expenses. These features enable users to easily manage their finances.
The resounding definition of the ideal accounting software is almost universally agreed to be time-economy and ease of use. QuickBooks® is the closest description any software could ever have to these ideals. QuickBooks® comes in to the rescue of the many business owners who want most value for their time. The dashboard makes it so easy to use and also provides all the features within reach. The dashboard by definition is the summary page of a program showing key metrics entailed therein. The dashboard of QuickBooks® has well specified entities i.e. customers, vendors, employees, transactions, report, sales tax and apps (connected applications). The interesting bit is that the online dashboard is not static as it is updated periodically. QuickBooks® allows automation which is critical on the time aspect of a business. Batch invoicing is a praiseworthy aspect of this software. It would be a tedious activity sending individual invoices to clients especially for a business with a large customer base. The clients’ information stored with QuickBooks® databases is automatically retrieved for the selected clients and the specified documents sent on the click of a button. Some recurrent activities such as generation of payroll and rent remission can also be done automatically by the software.
The software allows multicurrency business and always working on the latest conversion rates. Business transactions support is international. The ‘pay now’ link ensures faster payment. In case of non-payment, the overdue notifications that appear on the dashboard make it easy to make follow-ups. The multi-user support is also instrumental since the critical information is always an availed necessity to all the stake-holders making combined effort a possibility. QuickBooks® application is easy to set up in all devices. It is available in all app stores and can also be downloaded from theIntuit Inc. website.Once downloaded, one enters information about the business as presented. To use the software, one has to feed in therequiredinformation. The installation wizard then takes the user as far as importing bank transactions and get moving! To make the use of QuickBooks® as independent as possible Intuit Inc. has createdYouTube videos to guide users. Even when that doesn’t work, there is customer support communication service provided.