QUICKBOOKS-A SOFTWARE SOLUTION FOR ALL YOUR ACCOUNTING PROBLEMS

Need accounting solution for managing your small or medium sized businesses?? Here comes QUICKBOOKS, an accounting software by Intuit Inc.

QuickBooks is an accounting software used to deal with various accounting problems that come in running a small or medium-sized businesses. Some problems for  which it provides solutions are banking, income and expense tracking, invoicing, bill tracking, manage inventory, etc.

QuickBooks provides services in three levels.First is a Simple start, it provides services to a single user.Second is Essentials, it provides service to 3 users and last is Plus, which provides services to 5 users.At level 1, services like invoicing, income and expense tracking, check printing, banking feature is provided.At level2, along with features of simple start, some other services are also provided like recurring invoicing, bill tracking, user management.At last at level3, more services like create purchase orders, manage inventory, track billable hours are provided.

QuickBooks provides various tools for accessing its services like marketing tools, merchant services, product and supplies, training solutions.

The basic structural design of QuickBooks consist of 5 section:

1 Vendor- Various functions with which this section deals are entering and paying bills along with vendor Center, purchase order, receive inventory.

2 Customers-After vendor second important section is Customer. In this section, Accounts Receivable(A/R) works.

3 Employees-Payroll of employees is maintained under this section.The only thing that you should be remembered is if an employee is paid through a paycheck, their name type should be Employee.

4 Company- Creating a chart of accounts is the main function of this section.

5 Banking-This section deals with various banking functions like writing, registering and printing checks.Thus, banking sections provide solutions to all the issues related to reconciling and recording deposits.

Thus, QuickBooks popular features like creating and tracking Budget, Book Keeping, Billing, Invoicing, Payroll Software and Online Banking provide you a platform to organize everything in one place and help you to run your businesses smoothly and efficiently by using all your resources in an organized way.