QuickBooks by Intuit (who also make Quicken) is an accounting software package for small and medium-sized businesses. One of its strongest assets is its ease of use, allowing responsible record keeping in a minimal frame of time. Small businesses appreciate being able to sell, market or otherwise tend to their enterprise rather than spend frustrating hours at bookkeeping. |
Accounting basics are what QuickBooks excels at. You can pay bill, print checks, track your expenses or create invoices and estimates. Not only that, you can generate reports and expense forecasts as well as keep track of inventory and its costs and set billing rates by service type and employee.
Whatever industry your small business is in, QuickBooks probably has a specific general ledger with planning tools for you. The latest edition will prompt you to select between seven industries that each contain controls and entry features tailored specifically for you. Accounting professionals will have different options than contractors and retailers will have needs that nonprofit organizations might not. QuickBooks has taken care of practically any requirement your business might have.
QuickBooks is also known for its simplicity. Instead of being presented with a complicated accounting screen, you will see an icon-based dashboard when you log in. When you want to communicate with a customer you can send an email without having to leave QuickBooks!
Payroll is also easier when using QuickBooks. Paying payroll taxes has always been a headache for business owners but with this software you can choose to impound the taxes when you make the payroll deposits. QuickBooks will then send the tax funds to the appropriate agency as well as file all required reports and calculate W-2s.