QuickBooks

Summary

QuickBooks, developed and marketed by Intuit, is an accounting software package primarily designed for small and medium-sized businesses. It offers a range of features including on-premises accounting applications and cloud-based versions that enable businesses to manage payments, bills, payroll, and other financial tasks. The software has evolved over the years to include industry-specific versions and advanced features such as remote access, electronic payment functions, and integration with other services like Google Maps and Microsoft Outlook.

Key features

• 📊 Accounting and Financial Management: Provides comprehensive accounting and financial management tools, including double-entry accounting and full audit trail capabilities.
• 🧮 Real-time financial reports: Generate profit and loss statements, balance sheets, and cash flow reports.
• 💳 Invoice and payments: Accept credit cards and bank transfers directly from invoices, with automated reminders.
• 📱 Mobile app: Manage your finances on the go with the QuickBooks mobile app for receipt scanning, mileage tracking, and more.
• 🛒 Inventory management: Track inventory costs and quantities, create purchase orders, and manage vendors.
• 🤝 Payroll and time tracking: Automate payroll, manage 1099 contractors, and integrate time tracking for accurate billing.
• 📧 Electronic Payment and Banking: Supports electronic payment functions, online banking, and reconciliation.
• 🗺️ Mapping and Marketing Integration: Integrates with Google Maps for mapping features and with Google for marketing options.
• 📝 Automated Reports and Invoices: Generates automated reports, sends batch invoices.

Who it’s for

QuickBooks is designed for small and medium-sized businesses, as well as professional accounting firms that service multiple small business clients. It is also suitable for various industries including manufacturers, wholesalers, professional service firms, contractors, non-profit entities, and retailers.

Pricing

• Simple Start: $35/month, includes basic bookkeeping tools for solo entrepreneurs.
• Essentials: $65/month, supports up to 3 users and adds bill management and time tracking.
• Plus: $99/month, includes inventory tracking and project profitability.
• Advanced: $235/month, designed for larger businesses with more complex needs like custom workflows, advanced reporting, and support for up to 25 users.
• Discounts & Promotions: All plans offer a 30 day free trial, 50% off for the first 3 months, and 10% off with annual billing.

* Pricing details may be out of date.