Bookkeeping Pitfalls

Considering QuickBooks? What You Need To Know

QuickBooks® is the leading accounting software program for small and medium-sized organizations. If you’re interested in using QuickBooks for your bookkeeping needs, you may have questions about implementation and using it to run your operations. Take a look at these basic, frequently asked questions to help you get started.

What Is Quickbooks?
It’s a robust accounting software organizations can use to manage their accounting. Many businesses use QuickBooks to help with critical accounting tasks, such as recording expenses, creating invoices, tracking sales, producing reports, administering payroll, and maximizing tax deductions.

Is Quickbooks Easy To Use?
Even for those unfamiliar with accounting software, QuickBooks is easy to use. It includes step-by-step instructions to help users begin using the software and guidance to help get the most out of it.

Setup time varies depending on your organization’s size, complexity, and maturity. However, once setup is completed, QuickBooks may offer a scalable solution that can streamline your accounting processes and support your business at every stage of its development.

Are There Different Versions Of Quickbooks?
There are versions for new businesses, established small and medium-sized businesses, and freelancers. QuickBooks also provides dedicated solutions for certain industry niches, including churches, construction, legal, nonprofits, restaurants, and retail.

How Do I Access Quickbooks?
It’s available online or by purchasing off-the-shelf desktop software. The online version requires a minimal monthly fee, whereas the desktop version involves a larger annual fee. There’s also a mobile app that’s available for both iOS and Android devices.

Does Quickbooks Provide User Support?
QuickBooks’ website offers customer support. Users can find answers to common questions and troubleshoot problems with an advisor on the site. There are also online tutorials and user guides. If you’re unable to find answers on the website, however, our QuickBooks ProAdvisors can provide answers — or arrange an in-depth training session for your staff.

Can My Accountant Help Me Use Quickbooks?
This software isn’t a substitute for your CPA. However  it can help facilitate the working relationship between your in-house and external accountants. With QuickBooks, your accountant has direct online access to your organization’s books. Plus, they can send requests for information and documents through the platform.

Still have questions? Contact us about QuickBooks and other accounting software solutions, and we’ll help you find the right solution for your organization.

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