QuickBooks Introduction :-

Quickbooks is an accounting Software that is Published by Intuit. Quickbooks is a Software that is used to manage all small business by owners.

That is used to handle all transaction like business payments, pay a bill, and other payroll function. That can be use on Microsoft windows, Apple OSx and Android also.

History of QuickBooks:-


Quickbook Company Developed the Software of Quicken for the Biggest individual financial management.

 After the success result of that Quicken the company develops the same service software for the small business owners is QuickBooks.

That software named quickbooks online. The Intuit was founded that in 1983 by Scott Cook and Tom Proulx in Mountain View, California, USA.

At the start, Quickbooks has used only single-entry accounting software. Frist, it was a dos version based on the Quicken codebase.

The QuickBooks is popular among small business owners who had no knowledge of Accounting. So the fastly claimed up to 85 percent of the small business.

The Professional accountants were not satisfied with early versions of the system. Because  the poor security controls, such as no audit trail, as well as non-conformity with traditional accounting standards.

 Intuit bypass the bug with these accounting professionals, eventually providing full audit trail capabilities, double-entry accounting functions, and increased functions. By 2000, Intuit had developed Basic and Pro versions

Updated versions for manufacturers, wholesalers, professional service firms, contractors, non-profit entities, and retailers, in addition to one specifically designed for professional accounting firms.

Who serviceing multiple small business clients. and Intuit launched QuickBooks Solution for Medium-sized business.

In September 2005, intuit had 74% of QuickBooks in the market in the USA. In March 2008, QuickBooks' share of retail units in the business accounting category reached 94.2 percent.

It also says that more than 50,000 accountants and independent business consultants are members of the QuickBooks.

Intuit release a Quickbooks 2015 with the user requirement from the past version. In this company add Income tracker, pinned notes.

Also improved registration process and some User interface changes for all version of the Quickbooks.

 QuickBooks Features:-

Intuit added some online function in QuickBooks. In the 2008 Version the company make updating remote access, remote payroll assistance and outsourcing, electronic payment functions, online banking and add data from Excel spreadsheets, and employee time tracking function, New help function and also pre-authorization of digital funds.

Intuit also offers an online service that is used for cloud service called QuickBooks Online (QBO).
 The User can access the software on the web using the secure login via a web Browser.

 And have all the information on the web safe and secure and also get software upgrades automatically.

The QuickBooks online or cloud version is different from Quickbook desktop Version, with ability to third parties to create a small business application.

Also Provide the ability to give the permission to customize the QuickBooks online version.


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