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An Introductory Guide Explaining 'quickbooks Basics'

Introduced in 1992, Quickbooks was initially designed for small and medium-sized businesses, offering accounting applications and cloud-based versions used for business payments, managing bills, and payroll functions. Now, it is software marketed by Intuit with various tools that deal with the accounting of small, medium, and large businesses. If you are new to QuickBooks, this article introduces the basics; stay tuned until the end. 

What is QuickBooks software? 

Intuit developed Quickbooks as an accounting software used to simplify your financial work. The QuickBooks tools are used for accounting, inventory, tax filing, payroll, invoicing, budgeting, expense management, payment processing, and many more for individuals, freelancers, and businesses. Its user-friendly interface and various features make it popular among people who deal with accounts, finances, and similar areas. 

Quickbooks Key Features:

Here are some top features that QuickBooks provides to its users:  

It simplifies payroll processing, calculates taxes, and helps companies generate paychecks accurately. It also helps employers to transfer the paychecks directly to employees. 

It tracks your tax-related transactions and generates reports to simplify tax preparation. Quickbooks ensure compliance with tax regulations. 

Quickbooks also collaborates with various apps and services so that its possibility to suit your business could be expanded. 

Quickbooks not only create professional invoices easily but also send them to the clients directly. You can also track your outstanding payments using the online QuickBooks tools. 

Quickbooks also categorises and tracks your expenses easily so that you can take control of them and work on the areas for cost-saving. 

Why Choose QuickBooks?

If you wonder why choose QuickBooks, here are the simple points you should consider: 

It's easy to use QuickBooks because of its user-friendly interface. Besides, the novice with limited accounting knowledge can also use it. 

Quickbooks help users to save time, reduce manual efforts and allow you to focus on other aspects of your business. 

Using Quickbooks, you can minimise the errors that could happen because of manual entries. 

You can also access financial data with its cloud-based options. 

Conclusion: By walking through the guide above, hopefully, you understand what QuickBooks is, why it is used and why to use it. Besides you can speak to its customer service directly if more details are required. How can I talk to a live person in QuickBooks? You can make a phone call to the quickbooks customer service and follow IVR to speak with its agent. The more information is listed on the website, walk through it to discover every detail.