Quick Tour Through QuickBooks

QuickBooks is accounting software targeted at assisting small businesses in organizing their financial bookkeeping. It’s developed by Intuit? & was first released in 1992. It’s currently the #1 selling accounting software package for small businesses.

Uses can include:

  • Expense tracking
  • Invoice preparation
  • Financial Statement preparation
  • Inventory tracking

Competitive products include:

  • Simply Accounting By Sage?
  • Peachtree? by Sage
  • Microsoft? Office Accounting Professional

There are 4 flavors of QuickBooks currently offered:

  • QuickBooks SimpleStart-
    • Print checks, pay bills, track sales & expenses
    • Create estimates & invoices
    • Accept credit cards
  • QuickBooks Pro- All QuickBooks SimpleStart functionality, plus:
    • Payroll capabilities
    • Interoperability with Microsoft? Office
    • Inventory tracking
    • Download capabilities for credit card & bank transactions
  • QuickBooks Premier- All QuickBooks Pro functionality, plus:
    • Business planning & forecasting tools
    • Advanced pricing capabilities
    • Advanced cost tracking tools
  • Enterprise Solutions- All QuickBooks Premier functionality, plus:
    • Multiple user capabilities (up to 20 concurrent)
    • Increased capacity for inventory tracking
    • Advanced reporting tools (including financial statement templates)
    • Employee Organizer tool

There are also some targeted functionality products that allow businesses to use QuickBooks as a complement to less feature-rich accounting software:

  • QuickBooks Payroll (including Basic, Standard, Enhanced, Assisted, Online, & Direct Deposit variations)
  • QuickBooks Point of Sale (including Basic, Pro, Pro Multi-Store, Merchant Service, & Gift Card Service variations/add-ons)
  • Customer Manager
  • Invoice Manager
  • Credit Card Processing
  • Other various transaction & remote services

Additionally, Intuit released an on line service called QuickBooks Online Edition in 2001, which has gradually matured into a best-in-class accounting service for small businesses.

There are many other help-ful on line resources for finding out more about QuickBooks & what it can do to improve your business. So… Some of these include:

  • QuickBooks’ Support site on quickbooks.com
  • QuickBooks Support Forum (also found on QuickBooks’ website)
  • Jennifer Thieme’s Expert QuickBooks Articles on Ezine Articles (http://ezinearticles.com/?expert=Jennifer_A._Thieme)

Finding the best accounting software for your business can be a challenge. If you would like more information on how you can “make technology your #1 employee”, go straight to the TeknoCoach website ( http://www.teknocoach.com ) & check out our solutions & services.

Chris Smith is a pioneer in applying “coaching” principles to technology planning for small & medium-sized enterprises. He is founder & owner of TeknoCoach?, a company which is committed to helping small businesses “make Technology their #1 employee”.

If you have:

  • a need for website improvement
  • a need for a business continuity/disaster recovery planning
  • a need for employee training on technology
  • a need for some specialized research on technology solutions

then you really need to go straight to the TeknoCoach website (http://www.teknocoach.com) to find out what TeknoCoach can do for you.


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