QuickBooks accounting software is designed and marketed by a USA-based company called Intuit. While the company was launched back to 1983, QuickBooks didn’t make an entrance until 1994. Since this time, QuickBooks has claimed approximately 80% of the small business accounting software market in the USA, according to chicagonow.com. The software is perfect for small business owners and required no formal accounting training, which is the key reason QuickBooks is so popular.
QuickBooks is fast, straight-forward and user-friendly. Once you drill down further, you’ll quickly find that it’s packed full of game-changing features. Here are just a few:
- Monitor your finances at a glance, whether you’re at your desk or on the go.
- Send custom invoices with the click of a button and receive instant payments.
- Track sales, expenses, profit and loss.
- Produce customer reports with just the click of a button.
- Reconcile data against bank accounts (all leading UK banks are supported).
And it doesn’t end there. Whether you need help managing your payroll or VAT, QuickBooks is full of time-saving features you’ll love.
QuickBooks can even help companies to establish better security within their system by helping them to back up their valuable data in a safe and encrypted format. After all, losing company information is a problem that can cost thousands of pounds to repair.
With QuickBooks, companies gain access to numerous apps and add-on features. With the right combination, workflow can be optimised, resulting in more time and less money spent. And if that wasn’t enough, Developers can even create and connect their own software to QuickBooks.
Integrating QuickBooks with various other features for a more comprehensive experience, ensuring fewer reporting errors, improved accounting abilities and better account management.
Maximising QuickBooks with Flow
QuickBooks is designed for people with no accounting training. However, if you’re not sure where to start or need to optimise QuickBooks to your exact specifications, look no further than Flow’s team of expert cloud accountants. Flow is fully regulated by the Institute of Chartered Accountants in England and Wales and has over 60 years’ of experience advising SMEs across the UK. Whether you’re interested in QuickBooks’ bank reconciliation capabilities, improved data management or customisable invoicing, we’re here to provide the support you need.