mardi 15 octobre 2013

Understanding The Bookkeeper Quickbooks In Detail

By Megan Landry


Owners of any small to large scale businesses have adapted bookkeeper QuickBooks as it is accounting software that caters to the business specifications of different business over a wide range. Small scale business vendors are the ones who are more conversant with this software as they more often lack accounting skills to ensure smooth running of their enterprises. Large scale vendors use it to primarily outsource accounting services the small scale vendors. In 1983, Quick Books was invented and has since grown drastically to be the most used accounting software. Below are the ways in which Quick Books has changed over the periods.

During the inception of Quick Books, only the small to medium business owners identified with it. It had come about as a solution to the accounting needs of the small business owners who lacked accounts training. However, accredited accountants did not identify with it as it had serious risk issues such as lack of an audit trail as well as deviating from the set accounting rules and principles. After careful deliberations with these accounts professionals, the developers mitigated the existing risks and in turn came up with accounting software that met the needs of the big shots business as well. This garnered its popularity and set it up to approximately 94% of the market share

Quick Books came about as one of the most humble structures that would meet an untrained vendors needs. It has however rapidly grown and branched out. This expansion was in order to meet the needs of all categories of vendors and industries.

Customizing of Quick Books has ensured that its vast distribution amongst different regions such as t Canada and South Africa. Personalized versions have also been developed to meet VAT requirements of states such as the UK.

Users can pledge a monthly amount so as to be able to use the online format rather than paying right away at the beginning. A user is able to access different browsers as well as have the software installed in their smart phones such as Blackberry and iPhone. Because of this facility more businessmen are being inclined to this as they can keep track on their accounts thanks to the portable platform facility of this tool.

Quick Books has a point of sale feature where it is able to analyze customer activity and generate reports that are substantial to a business

Different Quick Books versions have been developed in order to meet the specific needs of the end user and whether they want to access it online or through their desktops. Accounting and VAT needs also influence the version that users will access.

Quick Books is very easy to use as all the user has to do is input data and the different specifications give out the desired result. The payroll preface is able to calculate the payroll of a business by analyzing the data that has been put. The software is also able to process bank reconciliations.

Bookkeeper QuickBooks are being merged with programs that meet the specific niche of personalized industries. This makes it very easy for different companies to integrate with QuickBooks.




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