QuickBooks is also known for its simplicity. QuickBooks has taken care of practically any requirement your business might have. Accounting professionals will have different options than contractors and retailers will have needs that nonprofit organizations might not. The latest edition will prompt you to select between seven industries that each contain controls and entry features tailored specifically for you. Whatever industry your small business is in, QuickBooks probably has a specific general ledger with planning tools for you. 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. You can pay bill, print checks, track your expenses or create invoices and estimates. Small businesses appreciate being able to sell, market or otherwise tend to their enterprise rather than spend frustrating hours at bookkeeping.Īccounting basics are what QuickBooks excels at.
One of its strongest assets is its ease of use, allowing responsible record keeping in a minimal frame of time. QuickBooks by Intuit (who also make Quicken) is an accounting software package for small and medium-sized businesses.