What is Quickbooks? How does it work?

QuickBooks is a popular accounting software developed by Intuit. It is designed to help small and medium-sized businesses manage their financial tasks, including bookkeeping, accounting, payroll, and invoicing. QuickBooks provides a range of features that simplify financial management, such as tracking income and expenses, generating financial reports, managing taxes, and preparing for audits.

There are several versions of QuickBooks, catering to different business needs:

  1. QuickBooks Online: A cloud-based version of the software that allows users to access their financial data from anywhere. It's widely used for its ease of use and accessibility, and it integrates with various other apps.

  2. QuickBooks Desktop: A version that is installed on a computer and used offline. It's available in different editions, such as Pro, Premier, and Enterprise, offering a more comprehensive set of features compared to the online version, but with less flexibility in terms of remote access.

  3. QuickBooks Self-Employed: A simplified version of the software designed for freelancers, contractors, and self-employed individuals. It focuses on tracking income and expenses, as well as estimating taxes.

QuickBooks is widely recognized for its user-friendly interface, scalability, and robust reporting features, making it one of the most trusted accounting software options for businesses of all sizes. 

To learn more about it click here.

For instructions on how to link your business account to Quickbooks click here.