Quickbooks - 1616 Words

Running Head: QUICKBOOKS QuickBooks BA Project Paper Penn State Harrisburg University I. INTRODUCTION Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries. Accounting/Finance application systems like Peachtree, Net Suite and QuickBooks let you manage your business with a little or no experience. All three application systems allow†¦show more content†¦For example, a screen used to record a check resembles a paper check or a customer invoice resembles a paper invoice form. After the information is entered, QuickBooks automatically records the appropriate accounting transaction using the information entered. Another feature that is offered with QuickBooks is the customization for individual needs. Using the professionally designed templates or build your own templates and customized forms with the QuickBooks Layout Designer, users can create professional looking estimates, invoices, sales receipts etc. to meet the individuals needs. In addition to customizing the look, QuickBooks allows users to turn features on and off, change the color of the interface to make it easier to distinguish between companies, and customize the reports to focus on specific information. QuickBooks Merchant Service is another feature that is offered, which allows the users to process credit cards with a click of a button. It is the only credit card processing solution thats completely integrated into QuickBooks. It is sold separately and there is no need for additional hardware or software. It saves the user money and makes the job easier by keeping more accurate records. Besides that it also tells the user when payments have been deposited to the bank account and it also allows the user to download merchant fees into QuickBooks. Being able to access any importantShow MoreRelatedRole Of Information Systems During 21st Century1346 Words   |  6 Pageswill be â€Å"winners† tomorrow. However, it seems safe to predict that computers and communication devices will continue to touch every aspect of out lives (2012, p 2) History of QuickBooks: AIS for Small Businesses According to http://www.quickbooks.co.za/product/accounting-software/accounting-software-quick-history/, QuickBooks was first established in 1983 by Americans Scott Cook and Tom Proulx under the name Intuit. The first program from Intuit, called Quicken, was designed for individual financialRead More Stock Analysis Essay example1365 Words   |  6 Pagesbusiness, tax preparation and personal finance software products and Web-based services that simplify complex financial tasks for consumers, small businesses and accounting professionals. The Companys principal products and services include Quicken, QuickBooks, Quicken TurboTax, ProSeries, Lacerte and Quicken Loans. Intuit offers products and services in five principal business divisions which include Small Business, Tax, Personal Finance, Quicken Loans and Global Business (Market Guide). Intuit developsRead MoreThe Functions Of Quickbooks1425 Words   |  6 Pages QuickBooks is a software used by many small businesses and is designed to help manage payroll, inventory, sales and other needs of a small business. The new accounting software is more cost-effective than other existing ones and deters the need for a personal accountant. It’s simpler to use and will be of value for the business and the salesmen behind it. QuickBooks helps with everyday organization like keeping up and managing cash flow, invoicing, reports, taxes and payroll through your computerRead MoreQuickbooks Evaluation2834 Words   |  12 PagesAnnette Flanagan Week Three Course Project Evaluation of Quickbooks Section I Overview: I decided to evaluate Quickbooks Pro 2008 since I already have the program on my computer and the changes that have been made to the software since then are minimal. I have been using Quickbooks since 1994. It is a very good program for small business owners that are not familiar with the rules of accounting. To set up your business accounting records you just need to know the following information: companyRead MoreQuickbook Research Papers896 Words   |  4 PagesQuickBooks has become an essential part of millions of small to medium sized businesses across the world. Simply stated QuickBooks is an accounting software package developed and marketed by Intuit. QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud based versions that accept business payments, manage and pay bills, and payroll functions. QuickBooks software is designed for small to mid-sized businesses thatRead MoreQuickbooks Learning14665 Words   |  59 PagesA QUICKBOOKS ACCOUNTING PRIMER By Jeanie R. Hoshor, M.S. Accounting Introduction Businesses run on information: information about the purchase of goods and services from their vendors, about the sale of goods and services to their customers, about their inventories of products, about their employees and the services they perform and the wages they earn, about all the things (cash, buildings, equipment, patents, supplies, etc.) they use to carry on their operations and activities. Most ofRead MoreAnalysis Of Quickbooks Hosting : Using Quickbooks From Anywhere And Anytime726 Words   |  3 PagesQuickBooks Hosting: Using QuickBooks From Anywhere and Anytime By Brian M Taylor | Submitted On October 01, 2012 Recommend Article Article Comments Print Article Share this article on Facebook 13 Share this article on Twitter 5 Share this article on Google+ 1 Share this article on Linkedin 1 Share this article on StumbleUpon 2 Share this article on Delicious 1 Share this article on Digg 1 Share this article on Reddit 3 Share this article on Pinterest Expert Author Brian M Taylor QuickBooksRead MoreThe Importance And Types Of Quickbooks702 Words   |  3 Pagescertain products work better, such as machinery, office supplies in bigger bulk, or help in making their business better with a certain program or service. QuickBooks is a service that allows business to set up a payroll and other administrate programs. The words above the smaller graphics below it read â€Å"run your entire business online with QuickBooks online†. This right of the bat can attract small business owners because of the sense of familiarity that comes with using the internet. Being able to useRead MoreTips For Optimal Quickbooks Use1191 Words   |  5 PagesTips for Optimal QuickBooks Use By Walter Dean | Submitted On February 19, 2013 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Do you own your own business? Are you trying to evolve your skill set to include financialRead MoreIntuit Quickbooks For Business Strategy744 Words   |  3 Pagescan find software that helps you stay on top of your business’s most important priorities. Here are five pieces of software you must have if you want your business to grow. 1. Intuit QuickBooks A strong business is a solvent business. That’s why Mark Growth recommends that business owners invest in Intuit QuickBooks. This program offers some key features that your business needs, especially in your business’s early days when money might be tight. For one thing, the program tracks how profitable a