![]() ![]() Inventory tracking - QuickBooks differs from its direct competitors in that it has decent inventory facilities for managing stock. Quotes can also be stored and labeled as pending, accepted, closed, or rejected. You can sort the invoices in various ways so you can more easily find the information you are looking for, and also send a group of clients emails or statements.Įstimates - Simply convert estimates to invoices once the client has approved. An overview screen displays the estimates you’ve issued, the invoices you have raised, and what activity is going on – unpaid invoices (you can send payment reminders and prompt customers when they are late paying an invoice), invoices paid etc. Invoicing - The invoice facility in QuickBooks is clear and intuitive. There is the option to set sales tax and you can fill in as many tax brackets as you need. With the two higher-priced plans you can set information to be able to record recurring invoices. Invoice creation - Create a customized invoice using your own logo and choosing between colors and typeface settings. With over 8,500 employees and a revenue close to $4.5 billion, Intuit is a huge player in accounting software. If you can’t decide, there’s a free trial where you can test out the features. Plus, up to five people can access the software plan.) For self-employed or sole traders, QuickBooks Self-Employed is a tool for managing tax payments and reports, tracking income and expenses, and connecting to your online bank. Plus ($39.95/month) is the most expensive plan and adds on a budget preparation tool, a create purchase orders feature, and the tool to manage stock levels (all any small business will probably need. Essentials ($26.95/month) offers all this plus a Company Snapshot report, the ability to track and pay bills, and a facility to manage foreign currencies (up to three people can use this package). Simple Start ($12.95/month) is the cheapest and with this plan you can do all the basics including create estimates and invoices, monitor expenses and sales, link your accounting software to your home bank, and run payroll at an additional cost per employee, per month. If you have a small business you can choose from three different QuickBooks plans. QuickBooks Online is tailored towards small and medium sized businesses. With QuickBooks from Intuit you’ve got the biggest player in small business accounting, on the scene in cloud accounting since 2004 with the launch of QuickBooks Online. It’s easy to use, and simple to maintain your business’s finances using QuickBooks. QuickBooks is ideal for small businesses that need a little extra in terms of accounting, such as customizable reports and payroll. With its extremely user-friendly interface, its wealth of reports, and its masses of interesting features, QuickBooks is one of the deserved leaders in accounting software packages. ![]()
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