Using QuickBooks software when starting your own business

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QuickBooks is the ideal financial software solution for many businesses. QuickBooks is easy to learn and provides businesses with all the features they need to get started. There are different types of QuickBooks, starting with a free download called QuickBooks Simple Start all the way up to QuickBooks Pro. Once your business begins to grow, you can upgrade QuickBooks to a larger version that will handle multiple things like payroll and tax filing.

How can QuickBooks help?
Instead of using paper files or EXCEL files, businesses can easily input all of their information into the software and the accounting reports will be automatically organized. QuickBooks will allow you to input customer information and create estimates and invoices with the click of a button. Past-due invoices will be automatically generated once or twice a month and will be printed out in report format, making it easier for mailing purposes.

Since QuickBooks is an all-in-one financial software solution, it also provides you with the ability to track employee payroll and print business checks. You can pay your company bills through the software and collect credit card and check payments using QuickBooks Merchant Services.

One of the best features about QuickBooks is the programs ability to calculate payroll and your business taxes. It includes sales, tax, and expense reporting. Depending upon your business style, you can customize the home page to include the transactions and expenses. Reports can be customized for individual employees, allowing the sales, marketing, and accounting departments to have access to needed information.

QuickBooks also allows companies to include their payroll information and set up their employees with direct deposit. You can set up information for up to 100 employees using QuickBooks. W-2's and other tax information will be created using TurboTax.

How does QuickBooks work?
Once you purchase the software and go through the initial set up process, you will create user names and passwords for every employee that needs to access the software. The home page includes 3 areas: Money In, Money Out, and Your Business. The Money In section provides links to your invoices, deposits, and sales. The Money Out section provides links to expenses, customer refunds, and checks. The last section is called, Your Business, this section provides links to your bank accounts, customer contact information, vendors, and your profit and loss sheet.

QuickBooks also includes a tutorial for anyone that is having difficulties learning the software. Since QuickBooks is one of the most popular accounting software programs on the market, employees can access it from the Google Desktop Search feature. Using Google, you can browse through the software to find customer information, invoices, and other files.

As your business grows, you will need to expand your QuickBooks program to include the inventory control. This will allow you to easily track your on-site and off-site inventory. QuickBooks can also integrate with other software programs like Microsoft Excel and create customer mailing lists and other lists.

QuickBooks also provides telephone support that is available 24 hours a day, 7 days a week. Most individuals that use QuickBooks do not have accounting knowledge and are able to easily use the software. New business owners can use QuickBooks to control all of their financial information, without hiring an accountant.

QuickBooks Simple Start Payroll even allows new business owners to print and file their quarterly taxes with the click of a mouse. If you are just starting your business, you can download the trial version of QuickBooks and then purchase additional features or upgrade to a newer version as your company expands. There is also an online version of QuickBooks that allows you to connect from any desktop. The web site is secured and protected by Intuit, the parent company of QuickBooks.

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