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What is QuickBooks? Everything You Need to Know About QuickBooks

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What is QuickBooks?: QuickBooks is an accounting software package, which is developed and marketed by Intuit. The products of QuickBooks are geared mainly towards small and medium-sized businesses and offers on-premises accounting applications as well as cloud-based versions, that accepts business payments manage and pay bills, and payroll functions. The application lets you access and manages your books from your tablet, laptop, computer or smartphone anytime you want. You can also create access privileges So that your accountant or colleague can log in and work with your data online. QuickBooks online is widely regarded as highly powerful and useful software for many businesses. It saves money and time, and from its introduction over two decades ago, it proved to be the perfect software for companies and businesses of all different types and sizes. It is the best software to have if you plan to start a company or you already have one.

QuickBooks
What is QuickBooks?

QuickBooks is the must-have software for any business. It cleanly simplifies and streamlines your accounting, tracking, and reporting, for the most part, It guarantees the process of managing your company finances will be much easier. The application lets you know exactly how much money you have and how much you owe at any moment. It automatically sync and backup your data smoothly. QuickBooks was primarily created for the use of small businesses, the software has plenty of features that aimed at helping the users manage each of their accounting functions, such as accounts receivable, accounts payable, credit card management and financial reporting.  Learn more about QuickBooks Tutorial here.

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Topics Discussed:

What is QuickBooks? | Features of QuickBooks
QuickBooks Pro
QuickBooks Desktop
QuickBooks Online
How to Sign in QuickBooks?
QuickBooks Tutorial
How to Use QuickBooks?

What is QuickBooks? | Features of QuickBooks

Cloud Accounting:

The Cloud Accounting feature o the QuickBooks allows you to access your account, manage your business and stay organized anytime, anywhere on your computer, laptop, mobile or tablet, So that you never miss your data among devices, as it has better synchronization with all the data Hosting QuickBooks Enterprise on a cloud desktop from a desktop as a service provider can let you access your accounting/bookkeeping work remotely in a multi-user environment.

Online Banking:

Quickbooks Online has better Online Banking integration feature your statements and transactions will automatically update.

QuickBooks
What is QuickBooks?

Accounting Reports:

Accounting Reports enables you to instantly see how your business is performing with customizable reports and dashboards. You can set up the data that you need in your report.

Invoicing:

You can create custom, professional invoices, sales receipts and estimates that you can send in minutes.

QuickBooks
What is QuickBooks?

Cash Flow Management:

You can enter bills from vendors, and pay them only when they are due. Schedule recurring payments to save time.

Mobile Apps:

QuickBooks Online subscription provides you with mobile applications, which allows you to access information from your tablet or smartphone.

QuickBooks
Quick Books

Time Tracking:

You can clock employee time and billable hours. Track billable hours by a client or an employee and automatically add them to invoices.

Free unlimited support:

QuickBooks provides you with full support with answers to your questions and information on running your business.

Multiple Users:

You can easily control your books with robust roles & permissions. And you can invite your accountant to access your books for seamless collaboration.

Related: Quickbooks Online

QuickBooks Pro

Quick Books Pro is the financial accounting software program manufactured by Intuit. It is primarily created for use of small businesses, the software boasts an assortment of features aimed at helping users managing each of their accounting functions, including accounts receivable, accounts payable, financial reporting and credit card management. Quick Books Pro provides a lot of benefits for small businesses.

Money Management

QuickBooks Pro
Quick Books Pro

QuickBooks Pro comes with features designed to support small businesses in managing their money. The program allows users to enter the due dates and payment information for all recurring bills. When bills are due, users can print checks directly from Quick Books. In addition, each transaction is recorded for easy access during future audits. Users can even link their bank accounts to the application. It also provides them with the benefit of eliminating the need for paper bank statements.

Sales Invoicing

QuickBooks Pro
Quick Books Pro

Quick Books Pro gives the timesaving benefit of tracking sales and invoices at a single click on the button. Invoices can then be electronically sent to customers through email. The program also enables the customers to billed individually or in large batches. Then it will become handy when billing multiple clients for the same service. Intuit Quick Books Merchant Services subscribers have the added benefit of being able to accept debit card and credit card charges through Quick Books Pro. Subscribers of Intuit Check Solution for QuickBooks gains the ability to scan and deposit the checks into the program, which eliminates the need to manually enter the data.

Related: QuickBooks Tutorial

User-Friendly

QuickBooks Pro
Quick Books Pro

Quick Books Pro interface is designed user-friendly. The new user setup feature provides the users with a virtual orientation process. Most of the features in the application can be activated at a single click.

Expense Billing

QuickBooks Pro
Quick Books Pro

When conducting business, professionals often rack up a variety of expenses which are later billed to clients. The expenses may be small purchases or large expenditures, it will keep track of those expenses. It doesn’t matter whatever the size or type of expense, the Quick Books Pro has a feature that enables the users to record each one. The expenses can be saved according to the client or job, giving the users the benefit of not having to adjust them manually.

Reporting

Quick Books Pro enables users to create a variety of financial reports. These include Year-over-year income, trends, expense, and forecasting documents. Each report can be exported into Microsoft Excel spreadsheet format and sent electronically through email.

QuickBooks Desktop

QuickBooks is one of the best accounting software packages, that is developed by Intuit. It was mainly targeted on the small and medium-sized businesses and provides on-premises and accounting applications as well as the cloud-based versions, which accepts the business payments, It also manages and pays bills and payroll functions. You can manage your books from your Desktop and laptop computers without any hassle. QuickBooks Desktop, allows you to manage your customers, suppliers, and bank accounts much easier. It has the much intuitive interface, that rich in functionality and automation capabilities, the days of trying to manage your finances using a spreadsheet. While you are managing your finances or to reconcile accounts, You may need to refer to multiple different forms and accounts. You can simplify this with the new multi-monitor support. This feature enables the user to view multiple windows of QuickBooks on multiple monitors.

Read more about QuickBooks Desktop

QuickBooks Online

Intuit the developer of QuickBooks, also offers the cloud service called QuickBooks Online (QBO). In which the user pays a monthly subscription fee rather than an upfront fee and can access the software exclusively through the secure login via a Web browser. Intuit provides patches and regularly upgrades the software automatically. As of May 2014, QuickBooks Online has the most subscribers for online accounting platform, with 6,24,000 subscribers compared to Xero which reported 2,84,000 customers as of July 2014. The cloud version is a separate product from the desktop version of QuickBooks, and also has many features that work differently than they do in desktop versions.

Read more about QuickBooks Online

How to Sign in QuickBooks?

QuickBooks is the highly featured accounting software package, that is developed and marketed by Intuit. QuickBooks offers products primarily for small and medium-sized businesses, and provides on-premises accounting applications and also cloud-based versions, that accepts business payments manage and pay bills, and payroll functions. It gives plenty of options for managing your business financially. QuickBooks Online is the widely regarded and highly powerful and useful software for many businesses.

Read more about How to Sign in QuickBooks?

QuickBooks Tutorial

QuickBooks is one of the best accounting software, that is used by plenty of Businesses. It plays a vital role in small business circles. Even today, with so many software available, QuickBooks is still seen as the smarter one as it was many years ago. More than 4.3 million customers rely on QuickBooks. And that makes having a solid understanding of how the software works for small business owners and many accountants.

Read more about QuickBooks Tutorial

How to Use QuickBooks?

QuickBooks is the most popular business accounting software on the market with thousands of small, medium and large-sized companies who place their trust in it. Quick Books has a broad range of features and the clean sophisticated interface enables people with little to no accounting experience to perform all of their business accounting needs. Apart from business QuickBooks online can also be used to manage personal finances. Many users use Quick Books for keeping track of their personal finances.

Read more about How to Use QuickBooks?

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