Quickbooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and handle payroll functions.

QuickBooks is one of the most popular accounting software for small businesses. With hundreds of millions of customers worldwide using TurboTax, Credit Karma, QuickBooks, and Mailchimp, QuickBooks ranks among the top accounting solutions for businesses ranging from start-ups to major corporations.

Whether you want to move away from manual bookkeeping, your spreadsheets have grown into a multi-headed hydra, or you need a better option compared to your current software, QuickBooks can be a good choice.

QuickBooks is user-friendly, simple accounting software that tracks your business income and expenses, and organizes your financial information for you, eliminating manual data entry.

Businesses can use QuickBooks to automate processes such as bookkeeping, invoicing, time tracking, sales tax management, budgeting, bank reconciliation, and inventory tracking. These features make it easier to manage and track business finances.

There are several uses of QuickBooks for businesses. Some of these include:

Cash Flow Tracking: QuickBooks' robust tools for understanding cash flow enable organizations to negotiate loans more effectively or avoid unnecessary loans.

Collaboration: QuickBooks Online's amazing cloud storage helps enhance teamwork performance. It also promotes data-driven insights, making meetings more productive. Such increased collaboration within the software reduces the need for external tools or spreadsheets, saving time for users.

Automating: QuickBooks' platform's features like organized dashboards, batch data import/export, workflows, and bank feed connectivity automate administrative tasks such as invoicing and reconciliation and streamline financial and accounting management. The automation functions help make routine tasks more efficient than ever.

Invoice Management: QuickBooks is used to create, modify, and print invoices for customers/partners and send them directly through email or give them physically.

Reporting: This is the main feature that most managerial personnel find QuickBooks the most helpful. Its reporting capabilities facilitate the creation of detailed, customized reports that assist in making better business decisions faster.

There are several career paths for QuickBooks professionals, some of these careers are:

General Bookkeeper: They are responsible for the financial records of a company. They keep track of all the money coming in and going out, as well as prepare financial reports.

Accountant: They keep track of the finances and ensure that all money is accounted for. They are also responsible for maintaining financial records, preparing financial statements, and ensuring compliance with regulatory requirements. In addition to their core responsibilities, accountants provide advice on financial planning and assistance with tax preparation.

Financial Analyst: Financial analysts provide analysis and recommendations to businesses and individuals regarding investments, financial planning, and budgeting. Their duties typically include conducting research, analyzing data, presenting findings, and making recommendations.

Financial Planners: Financial planners advise clients on how to save, invest, and grow their money. They help set financial goals and create a plan to meet them. They can also offer guidance on investing, insurance, taxes, and retirement. Financial planners typically work for banks, investment firms, or accounting firms. Some also work as independent consultants.

Tax Forms

Tax Reporting

Data Analytics

Inventory Management

Purchase Orders

Record Cash Receipts

Direct Deposit

Tracking Expenses

Sales Tax

Record Keeping

Billing/Invoicing

Bookkeeping

Cash Flow Management

Account Charts

Frequent Financial Checks

Credit Card Processing

Cash Record Receipts

Database Management

QuickBooks allows you to keep track of financial functions like income and expenses, employee expenses, and inventory in real-time and fulfill tax obligations hassle-free. Remember, when you are free of financial worries, you can focus on driving business growth and revenue.