The first option is an online cloud-based service, which allows you to access your Quickbooks data from anywhere that has an internet connection. Intuit, the company that manufacturers Quickbooks, offers a variety of options for setting up an account and getting the program running. The process of installing Quickbooks and setting it up is extremely easy. The software then allows you to quickly enter the information into the blank spaces provided.Īlthough the software has a lot of features that can be beneficial, it also lacks some major features that other accounting packages have, such as reports that run off of raw data instead of pre-existing transactions, the ability to create budgets and track business investments, and the ability to manage your employees. It allows you to click on the type of document or report you want, and the program will pull up a list of transactions that match your search parameters. The design of Quickbooks is fairly simple, which makes it easy to use. Quickbooks also allows accountants and bookkeepers to focus more on accounting and less on time-consuming tasks. This simplifies the workflow for accountants and bookkeepers who have to deal with additional tasks besides just accounting. It can also handle invoicing, direct deposit of employee checks, sales tax compliance tracking, managing licenses, vehicle management, and more. These integrations allow Quickbooks to serve as more than just accounting software.
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