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What is QuickBooks Software ??
You probably think about QuickBooks, whenever you hear about “small-business accounting software”. The financial management platform has dominated the accounting software market place, resulting in an impressive 11 following years of stock gains, since Intuit launched its flagship product over 25 years ago. QuickBooks Software currently holds more than 80% of the small-business market share. If you are searching for a small-business accounting solution, QuickBooks is top on the list of accounting software.
But, it is also very important to know which version is right for you and your work. On-premise or cloud and with payroll or without??
It has a product according to your requirements, but sorting through the choices can feel like an impossible task.
To make easy your search, you can directly call to QuickBooks Support Team to know about QuickBooks Accounting Software and how it is beneficial in your business, with its working or you can simply just go through this blog to know about various products of QuickBooks, if you have time to read this.
QuickBooks Product line has the newest edition is a cloud-based financial management service designed for self-employed and freelance individuals.
Pricing: you can access through a monthly subscription that includes the price for phone support, data backups, and system maintenance.
Three packages come with this solution:
QuickBooks Self-Employed Tax Bundle
QuickBooks Self-Employed Live Tax Bundle
Pros: A mileage tracker - users can track trips by entering the data, miles driven and for purpose. It also calculates the deduction automatically.
Cons: Absence of invoicing abilities with no connection to payment gateway.
For QuickBooks Products, Intuit reported a major turning point in 2014. More new customers go for QuickBooks Online for the first time over desktop versions.
From then on, QuickBooks Online got 1 million subscribers, signaling that small businesses are building more trust-worthy hosting accounting solutions in the cloud.
Pricing: It is available through a monthly subscription that includes the cost for support, upgrades, and automatic data backups.
QuickBooks Cloud-based solution is developed for small-business users and comes in four packages: Simple Start, Essentials, Plus, and Advanced.
Capabilities of QuickBooks Online
Accounts payable and accounts receivable
Billing and invoicing
Pros: connectivity with mobile apps for iOS, Android, and Windows devices. It also provides easy integration with third-party applications such as PayPal and Shopify.
Cons: QuickBooks Online has absence of some functionality available in QuickBooks Desktop products. And it does not allow you to run more than one company. The Pc Version of this allows multiple tax ID’s.
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