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QuickBooks in the workplace

By: Janice Bandick

Published On: December 22, 2014

What is QuickBooks?

QuickBooks is an accounting software package developed by Intuit Inc., a tech company that develops financial and tax preparation software for small businesses, accountants and individuals. QuickBooks is the most commonly used small-business accounting and financial management software in North America.

QuickBooks features an open platform design that allows third parties to create small business applications and gives customers the ability to customize the online version of QuickBooks to meet their specific business needs. QuickBooks Online can also be accessed from mobile devices by up to five unique users.

What are the advantages of QuickBooks?

QuickBooks is full featured, easy to use and well-supported by Intuit. It is an effective way for small businesses, accountants, freelancers and entrepreneurs to organize their finances and bookkeeping all in one place.

Different versions of QuickBooks are available for Windows and for Mac, and QuickBooks Online is available as a web-based version of QuickBooks. Intuit has integrated several web-based features into QuickBooks, including remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration with Google Maps, marketing options through Google, and improved e-mail functionality.

QuickBooks was designed to be as user-friendly as possible. QuickBooks software offers a variety of customizable features and add-ons, with price points as low as $9.99/month. No previous accounting experience is necessary to use QuickBooks.

QuickBooks in the workplace

With over 4.5 million users, QuickBooks holds 85% of the market share in small business accounting software. These users rely on QuickBooks to manage their financial systems and determine, at a glance, whether their business is earning or losing money. QuickBooks has numerous applications and features including the ability to:

  • Automatically download, categorize, and reconcile bank and credit card transactions.
  • Easily create custom invoices with company branding and personalized fields.
  • Email invoices and accept online and mobile payments.
  • Run payroll and file payroll taxes within QuickBooks.
  • Sync data from popular apps like PayPal, Square, and others into QuickBooks.
  • See your Profit & Loss, Balance Sheet, and dozens of other reports in one click.
  • Record and pay bills from vendors. Data stays up to date even when multiple users make updates in QuickBooks.

Obtaining QuickBooks Certification

The better users understand QuickBooks, the more it can do for them. To that end, Ashton College currently offers a Computerized Bookkeeping QuickBooks Certificate. This 20-hour course is an introduction to QuickBooks that provides hands-on instruction to prepare attendees to use QuickBooks as a business tool by familiarizing them with the features available in QuickBooks Online (2013 version) and Desktop.

The next QuickBooks course will take place January 12 – 16th. More information available here.

Register now to learn how QuickBooks can take your business to the next level.

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Disclaimer

The information contained in this post is considered true and accurate as of the publication date. However, the accuracy of this information may be impacted by changes in circumstances that occur after the time of publication. Ashton College assumes no liability for any error or omissions in the information contained in this post or any other post in our blog.

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