Behind the scenes of a small business there is usually one person doing a great deal of work. This person is responsible for running the business, acquiring clients, managing employees (if any), and making sales among other things. While running a small business can be very exciting and fun, not every aspect of it will be as enjoyable. One dreaded task is keeping track of your financial records as well as preparing the taxes. In bigger companies these jobs are normally delegated to an accountant. But small businesses might not be able to afford a person to work on their paper work. Accountants are highly trained individuals dealing with mountains of paper work as well as complicated number crunching. This may be intimidating to many small business owners but there is a solution. Intuit Inc has released a computer program that will solve all your accounting problems. QuickBooks is an accounting program which small businesses can utilize to prepare tax forms and record financial transactions.
Intuit Inc was founded in 1983 and has been bringing small and midsized companies simple solutions to financial management ever since. They offer many software programs such as QuickBooks, Quicken, and TurboTax. These programs not only help with tax preparation they also provide payroll processing applications and present countless financial management help. Also offered by Intuit Inc are ProSeries and LaCerte, programs for professional accountants. Intuit Inc provides assistance to mid market banks and credit unions through Digital Insight as well. Through Digital Insight Intuit Inc offers online banking assistance and even provides web hosting and marketing programs to increase clientele. It is obvious that any small business utilizing QuickBooks will see an enormous amount of advantages.
To begin using QuickBooks you must first install the program on the computer from which you conduct your business from. Unless you want a separate computer for all finance issues this should be your main computer at your office. After installing the program you will be chaperoned by an electronic guide through the programs start up screens. First you will be asked to enter in your business information such as the company name, address, phone number etc. After completing the form continue on and follow the guides instructions.
After the setup you can begin entering in your primary bank account. This is important because you will need a storage place to receive electronic payments. Without it you wont be able to record your transactions that means your financial records will be incorrect inconveniencing you later on.
As well as inputting your banking information you will also need to record your clients by giving them each client accounts. By creating client accounts you will be able to successfully keep track of all your invoices and bills. QuickBooks has a limit of 20 client accounts. This is usually a sufficient amount of accounts for a small business. But if your particular business grows you have the option of upgrading your system to QuickBooks Pro which allows for more client accounts as well as more customization and advanced accounting features.
For anyone who has to be their own accountant QuickBooks is extremely useful. It simplifies the process down to an easy to use computer interface. Once you are on QuickBooks youll be sending out invoices and preparing tax returns in no time.
Intuit Inc was founded in 1983 and has been bringing small and midsized companies simple solutions to financial management ever since. They offer many software programs such as QuickBooks, Quicken, and TurboTax. These programs not only help with tax preparation they also provide payroll processing applications and present countless financial management help. Also offered by Intuit Inc are ProSeries and LaCerte, programs for professional accountants. Intuit Inc provides assistance to mid market banks and credit unions through Digital Insight as well. Through Digital Insight Intuit Inc offers online banking assistance and even provides web hosting and marketing programs to increase clientele. It is obvious that any small business utilizing QuickBooks will see an enormous amount of advantages.
To begin using QuickBooks you must first install the program on the computer from which you conduct your business from. Unless you want a separate computer for all finance issues this should be your main computer at your office. After installing the program you will be chaperoned by an electronic guide through the programs start up screens. First you will be asked to enter in your business information such as the company name, address, phone number etc. After completing the form continue on and follow the guides instructions.
After the setup you can begin entering in your primary bank account. This is important because you will need a storage place to receive electronic payments. Without it you wont be able to record your transactions that means your financial records will be incorrect inconveniencing you later on.
As well as inputting your banking information you will also need to record your clients by giving them each client accounts. By creating client accounts you will be able to successfully keep track of all your invoices and bills. QuickBooks has a limit of 20 client accounts. This is usually a sufficient amount of accounts for a small business. But if your particular business grows you have the option of upgrading your system to QuickBooks Pro which allows for more client accounts as well as more customization and advanced accounting features.
For anyone who has to be their own accountant QuickBooks is extremely useful. It simplifies the process down to an easy to use computer interface. Once you are on QuickBooks youll be sending out invoices and preparing tax returns in no time.
About the Author:
In this article Nicholas B. Chapman writes about the basis on how to start using QuickBooks. A great feature is being able to print QuickBooks Checks to pay invoices, payroll, and more. For QuickBooks Checks, Nicholas recommends NobleChecks.com
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