Quickbooks

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Posted on by What is QuickBooks? QuickBooks is a bookkeeping software that combines a variety of accounting processes into one user-friendly system. Accounting figures are also easily reconciled for tax purposes with QuickBooks.
what is quickbooks software used for

Posted on by What is QuickBooks? QuickBooks is a bookkeeping software that combines a variety of accounting processes into one user-friendly system. Accounting figures are also easily reconciled for tax purposes with QuickBooks. The software was developed by Intuit and can be customized based on the needs of the business utilizing the software.

What does it do? Allows you to import or manually enter all banking transactions, credit card transactions and loan transactions in real time or after the fact utilizing an auto recall for each transactions which saves you time, thereby saving you money.

Creates and keeps track of professional looking invoices to customers, track payments and outstanding balances at a glance. Allows you to email invoices directly to your customer.

Allows customers to pay online directly to your bank account. Additional fees apply Easily enter bills and print checks in order to keep track of outstanding items and due dates at a glance. With QuickBooks Bill Pay add on via direct connect banking you can pay your bills directly through QuickBooks electronically.

Additional fees apply Allows you to prepare payroll each pay period, notifying you when tax payments are due and when quarterly reports need to be filed. Or let Intuit do the payroll for you. Additional fees apply Keeps Customers, Vendors and Employee contact information at your fingertips.

Allows you to store PDF copies of your bills, invoices and any other pertinent information and attach directly to the transaction in QuickBooks, thus allowing you to go paperless if you so desire. Track Inventory and create purchase orders. Get a real time view of your business activities with the Company Snapshot. Print professional looking reports easily and accurately. Allowing you to customize your reports the way you want and need to see them.

Your reports … your way… anytime. About the chart of accounts: QuickBooks uses an accounts receivable account to track the money owed you. QuickBooks uses an accounts payable account to track the money you owe different people for bills. A liability can be a formal loan, an unpaid bill, or sales and payroll taxes you owe to the government. Equity Equity is the difference between what you have your assets and what you owe your liabilities: Ask yourself these questions: Does the day to day bookkeeping functions haunt your sleep?

Do you dread tax time and getting the information together for your accountant? Do you just wish it would all go away and allow you to focus on what you do best? QuickBooks is affordable, easy to learn and gives you peace of mind. So do away with your multiple spreadsheets and receipts and give QuickBooks a try. I think you will be happy you did.

QuickBooks, helping you make sound financial decisions by keeping you aware of your business activity on a daily basis…. Post navigation.

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VIDEO: Quickbooks: WHAT IS IT, WHAT DOES IT DO AND DO YOU REALLY NEED IT? – KWC Richmond

QuickBooks is an accounting software package that is developed by This is because customers who buy used copies of the program and try. QuickBooks might be the most popular business software in the world, but that 4 Best QuickBooks Alternatives for Small-Business Accounting . separate, additional costs that exceed what the entire program used to cost. Although QuickBooks is one of the most widely used brands of accounting software, some other brands of software are considered to provide more transparency.

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