Features and benefits of QuickBooks accounting software: No matter if you are running a small or big business, you have to keep a record of all the transactions made. Without keeping a record, you can’t estimate in which direction your business was going. So to make your job easier, Intuit has launched a software named Quickbooks.
Quickbooks is accounting software, which is mainly used by small businesses. But in the current scenario, almost 80% of businesses use it.
Quickbooks was introduced in 1984 for the first time. It was developed by two engineers, Scott Cook, and Tom Proulx.
QuickBooks makes your accounting job easier by taking care of your bills, checks, invoices, etc. it saves your money and time and gives you impeccable results.
We will talk about Quickbooks in-depth but before that let’s have a look at its features.
Features of Quickbooks
Here are some features of Quickbooks that make it popular among business
Easily track your income
A financial report of any business shows whether you are earning a profit or loss. Keeping a record of your income is the most important part of your business as it works the face of your business. Quickbooks comes with the feature of “ income tracker”. This will keep all the details of your income and expenses without making any mistakes.
Assist in your taxes
Worrying about your taxes? Whether it fills in time? Whether it fills correctly? Need not worry as QuickBooks is here. QuickBooks keeps details of your taxes when it has to be paid, and how much, everything.
The main USP of any software would be that it is user-friendly. A user can easily understand it and operate it. QuickBooks is one of that software that can easily operate by any user.
QuickBooks has this new feature of the multi-screen display. It enables users to work on two different files simultaneously. You can easily split the screen. It increases your work efficiency and also saves you time.
Charts of accounts
With Quickbooks, you can easily print or check the details of any accounts. It has a feature of “chart of account” which displays a chart of related accounts.
With the help of Quickbooks, you can easily generate accurate and professional-looking invoices.
Various versions of Quickbooks
QuickBooks has introduced different versions for each kind of business. These are -:
1. Quickbooks online
This version was launched in 2004. It was based online and works with cloud-based accounting features.
It allows you to work from anywhere and anytime. So if you are one or more than a person running your business, this version is very useful for you.
It comes with various plan ranges. You can choose according to your budget.
2. QuickBooks pro
QuickBooks pro is best for medium businesses. It comes with two price ranges, valid for up to 3 years. You can easily share the software with another person too. It allows you to easily download your bank transaction.
3. QuickBooks Premier
If your business is well established and growing fast, this version is for you. It allows you to modify your report according to your need. It is a desktop version and is easily used by users
QuickBooks premier allows you to track your orders, change your bills, etc.
4. QuickBooks Enterprise
QuickBooks enterprise is the complete package for any large-scale business. Of course, it is the most costly, but one-man army version released by QuickBooks. It has all the important features which the other version didn’t have.
5. QuickBooks for Mac
QuickBooks has one of its versions for Mac users. It has all the same features as Quickbooks pro except that it allows you to make a copy of an accountant.
It is a quick introduction to Quickbooks software. This software is literally useful for your business. And you can see commendable differences after using it.
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