Almost 40 years after its launch, QuickBooks® remains the leading accounting software program for small and medium-sized businesses. If you decide to use QuickBooks for your bookkeeping needs, you may have questions about implementation and using it to run your operations. Here are answers to some basic frequently asked questions (FAQs) to help you get started.
What is QuickBooks?
It’s a robust accounting software that businesses can use to manage their accounting. Businesses use QuickBooks for many critical accounting tasks, such as recording expenses, creating invoices, tracking sales, producing reports, administering payroll and maximizing tax deductions.
Is QuickBooks easy to use?
Even for those unfamiliar with accounting software, QuickBooks is easy to use. It includes step-by-step instructions to help users begin using the software and guidance to help get the most out of it.
Setup time varies depending on your organization’s size, complexity and maturity. However, once setup is completed, QuickBooks may offer a scalable solution that can streamline your accounting processes and support your business at every stage of its development.
Are there different versions of QuickBooks?
There are versions for new businesses, established small and medium-sized businesses, and freelancers. QuickBooks also provides dedicated solutions for certain industry niches, including churches, construction, legal, nonprofits, restaurants and retail.