|
QuickBooks is a business line accounting software created by Intuit. The software was initially popular among small business owners who didn’t have formal accounting training; this allowed the software to rise 80% in the small business accounting market. Professional accountants weren’t satisfied with the earlier versions of QuickBooks because it had bad security controls, i.e. no audit trail and the traditional accounting standards were low. Intuit then developed QuickBooks Basic and QuickBooks Pro by the year 2000, then in 2003, the company began providing industry specific versions that had workflow processes and business specific report designs; terminology for the specified industries were also included in the software versions.
In May 2002, Intuit launched QuickBooks Enterprise Solutions for small, mid-sized and large companies. An automatic updater was also released for Mac OS X on December 15, 2007, but had a serious program error. Although the error was immediately fixed two days later on December 17, 2000, many users lost a substantial amount of data.
QuickBooks can be purchased in other countries besides the U.S., such as the UK, Singapore, New Zealand, Australia and Canada. The UK version of the software has the VAT (Value Added Tax) and the Canadian version has the PST or GST sales tax. The most recent 2008 version of QuickBooks supports VAT reporting for Ireland.
The 2008 version of QuickBooks has several integrated web-based features, such as Google maps, email functions with Outlook Express and marketing options with Google. Users are also able to import Excel Sheets, employee time tracking options, and more. In June 2007, Intuit announced that the QuickBooks Enterprise Outlook Express would be able to run on Linux servers, unlike the earlier versions that required a Windows server to work.
Learn more about QuickBooks or register for QuickBooks Training in Phoenix by visiting our QuickBooks course details pages.
Phoenix QuickBooks Training Level 1 | Phoenix QuickBooks Training Level 2
|
