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Why to choose QuickBooks? | Forum

Topic location: Forum home » Support » General Questions
Jimmy wick
Jimmy wick Nov 29 '21

QuickBooks is accounting software designed for keeping track of income and expenses.

Many small to medium business owners use QuickBooks. As of 2019, there were already 3.3 million QuickBooks Online subscribers, 40% of which were small businesses.

QuickBooks Premier Hosting has several subscription levels you can choose from. Most of the QuickBooks Online subscription levels also offer multi-currency features. This is useful for businesses working with international customers and suppliers.

How does QuickBooks work?
QuickBooks Online works with either the monthly or annual plan. Once you sign up, you’ll be able to use features that accommodate the type of business you own. Desktop versions are also available. Features are geared towards freelancers, small, and medium-sized business owners. QuickBooks Online integrates with other Intuit software. It also integrates with many other software packages and apps. These include ones that manage charitable donations, scheduling, time tracking, document management, payment processing, and inventory management, to name just a few.

Benefits of QuickBooks:

Ease of Use:
One problem with accounting programs is that many of them are difficult to use and cumbersome to learn. QuickBooks, on the other hand, is designed to be intuitive and easy to understand, even for business owners who lack an accounting or financial background.

The ability to integrate with other programs is a big advantage of QuickBooks. After using the product to input all of their business income and expenses, business owners can easily export that data to their favorite tax preparation program to make filing income taxes at least a little less painful. QuickBooks also integrates well with Microsoft Excel, making it easy to import data from other sources and use it in QuickBooks.

QuickBooks provides a number of ready-to-use templates business owners can use to create invoices, spreadsheets, charts and business plans. The software also makes it easy to customize the look and feel of those documents, giving them less of a cookie cutter appearance and helping them to stand out in the crowd. The ability to customize invoices can be particularly useful, and business owners not only can add their company logo but detailed information about each line item as well. That makes it easier for customers to reconcile their invoices and pay them on time.

Check Signing:
If you sign a lot of checks for your business, using QuickBooks can save you a lot of time. QuickBooks allows business owners to scan and upload their signatures and use those signatures to prepare the checks for the business. This automated process is much simpler and easier than writing hundreds of checks by hand each month.

QuickBooks Online includes a wide range of features:

Not only does QuickBooks offer affordable plans, it also provides good value for startups. QuickBooks’ bookkeeping features include all the basics most startups need, including income and expense tracking and essential reporting, including your monthly financial statements (profit and loss statement, or P&L, balance sheet, and statement of cash flow). For growing businesses that have more advanced finance needs, you can easily add extra capabilities and features like bill pay (accounts payable), invoicing (accounts receivable), inventory tracking, and sales reporting by upgrading to the QuickBooks Online Pro plan

To know more about QuickBooks Pro vs Premier or Sage Conversion to QuickBooks visit Apps4Rent.

The Forum post is edited by Jimmy wick Nov 29 '21