Quickbooks being the most widely used accounting and financial management software provides many features that help companies track their finances. Till date, Quickbooks has acquired two companies, namely Bankstream and OneSaaS. According to the company, over $4 million companies spread across the world use Quickbooks to manage their finances effectively. The company was founded by Scott Cook and Tom Proulx in 1983 and has its headquarters in Tucson, Arizona. The mobile application exponentially increases the accessibility of Quickbooks.
Quickbooks provides a smartphone application compatible with both Android and iOS that allows users to monitor their finances from anywhere in the world. Quickbooks also allows organizations to track their sales status using features like inventory tracking, sales reporting, customer information management, and many others. Indian companies can also use Quickbooks for their accounting needs as the application is compliant with GST norms and regulations. The application comes with a very intuitive and user-friendly interface that allows individuals with no prior accounting knowledge to operate Quickbooks efficiently. Once the bank accounts get linked, Quickbooks automatically downloads transaction history and organizes them in proper categories that help companies save a lot of productive time and effort. It is a Software as a Service application that is used by companies operating in multiple industries, including retail, manufacturing, non-profit, construction, and many more.Ĭompanies can track transactions of various bank accounts using Quickbooks. Apart from core accounting tasks, Quickbooks offers features to optimize and streamline various other business operations, including payroll. All the uploaded company data gets stored in highly secure cloud servers.
The application comes with multiple tools and features that cater to every finance and accounting need of organizations and individual business owners.Īs it is a cloud-based software, enterprises do not need to install any specialized hardware at their workplace to use the application. It is the world’s most popular accounting and bookkeeping software that companies of all scales use across the globe. Quickbooks is an Accounting Application offered by a United States-based software developing company Intuit.