Quick Books

General Features & Use Small businesses use QuickBooks for most financially-related business processes, from entering sales receipts, tracking expenses, preparing and sending invoices, sales tax tracking and payment, preparation of basic financial statements and reports, and inventory management. The program also includes MICR check printing and options for employee payroll and time tracking. For most tasks, QuickBooks doesn't require users to understand or standard accounting procedures. Most transactions are recorded using on-line screens that closely resemble paper based forms such as invoices or checks. [edit] Recent Feature Additions Intuit has integrated several web-based features into QuickBooks, including remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration with Google Maps, marketing options through Google, and improved e-mail functionality through Microsoft's Outlook and Outlook Express. For the 2008 version, the company has also added import from Excel spreadsheets, additional employee time tracking options, pre-authorization of electronic funds and new Help functions. In June 2007, Intuit announced that QuickBooks Enterprise Solutions would run on Linux servers, whereas previously it required a Windows server to run.[4] [edit] Software as a Service QuickBooks is also available as a hosted solution (see software as a service), which Intuit calls QuickBooks Online Edition. The user pays a monthly subscripttion fee rather than an upfront fee and accesses the software exclusively through secure logon via a web browser. QuickBooks Online requires an ActiveX control that operates only with the Windows operating system. Intuit hosts all of the user's data, and provides patches and regularly upgrades the software automatically. [edit] Add-On Programs Through the Marketplace,[5] Intuit has encouraged third-party software developers to create programs that fill niche areas for specific industries and integrate with QuickBooks. These systems often provide enhanced options for payroll, inventory, distribution, billing and other functions. [edit] Competitors Among the primary competitors to QuickBooks is Sage Software, which produces several programs for business accounting, including two lines aimed at the small business market: Simply Accounting and Sage Peachtree. Microsoft entered the small business accounting market in 2004 with Microsoft Small Business Accounting and then in 2005 with Microsoft Office Accounting Professional and Accounting Express

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QuickBooks is the most popular small business accounting software businesses use to manage income and expenses and keep track of the financial health of their business. You can use it for invoicing customers, paying bills, generating reports, and preparing taxes. The QuickBooks product line includes several solutions that work great for anyone, from a freelancer to a midsized business.

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