QuickBooks is an accounting software package developed and marketed by Intuit.
QuickBooks products are geared mainly toward small and medium business- sized business and offer on premises accounting applications as well as cloud-based versions that accept business payments, manage bills and payroll functions.
Steps in Creating a company in QuickBooks
The first step is to create a company file. Next is to fill the information of your company and its legal name Next is to set up your chart of accounts. It is also necessary to fill the location of the company. Next is to add the information of the people you do business with such as vendor, customer and employee. Add the product or service of the business And lastly the Bank your using for your future transactions.
Four different versions of QuickBooks
1. QuickBooks Pro 2. QuickBooks Premier 3. QuickBooks Enterprise 4. QuickBooks Accountant
QuickBooks Pro is for businesses with annual revenues up to 1 million and up to
three users. QuickBooks Premier is for non-profit, manufacturing and wholesale, professional services, contractors or rental business. QuickBooks Enterprise is for small to medium- sized business with more than 1 million in annual revenue. QuickBooks Accountant is for Bookkeepers and Accountants who provide bookkeeping services. Reviews and testimonies about QuickBooks 1 Debbie (Jacksonville, FL) 1 star review QuickBooks has no customer service. Their on-line “chat’ doesn’t work at all they are false advertising by allowing a computer “fix” service to advertise on their “support” page who want to change money to “fix” your computer. My computer is not broken, QuickBooks does not have a number to call for questions. They are not helpful in the least. I’m looking for a different company. They are not user friendly. 2 Jesse ( Seattle, WA ) 1 star review I tried to rep my new CC ( we run payroll through QB ) it would not enter. I called and spoke to a rep as we tried to enter it using different Safari vs. Chrome, restarting laptop etc. etc. The rep inform me that QB is doing a system change over and that is what causing the glitch. After the first portion of the call which lasted 49 minutes, I’ve been transferred to a tier one rep. The tier one rep would not speak to me directly but instead is standing next to 1st rep speaking to him and the rep is relaying everything I am saying and back and forth. 3 Cristina ( Bay Harbor Islands, FL ) 1 star review I been trying to contact customer support and literally there is hell to go through to just get their number. On top of that there is no number to call they force me to choose “call back”. They never did for hours and when they did the agent hang up on me. Horrible, horrible to work with QB online. They made it so complicated comparing to the Desktop. Help serves for nothing. Very confusing and the simplest issues QB Online is making extremely hard. 4 Dwayne ( Charleston, SC ) 1 star review Absolute trash. I’ve been lied to 13 times in 4 business days. DO NOT USE THEM. I am absolutely moving to another accounting system tomorrow. Their support people make up “ policies” at the free will. I was told after closing an account that I’ve had for 3 years that they would carry the credibility to our new account. Well, that didn’t happen and despite not having 1 SINGLE ISSUE with my payments in 3+ years, they’ve held 2/3 of my payments this month causing hundreds of overdraft fees and financial issues. 5 Ezezew ( Saint Peters, MO ) 1 star review This would be the worst accounting package that I have ever used. I have been using this company for last 7 years. Currently I found out I have been charged for none active contracts for the last 4-5 years. Contractors wasn’t active but been charge over $8,000. When I call why I have charge for this? They said that this contractors show as active in the system. I said even though no check or 1099 been written to this contract? They didn’t even care to give any credit. I spent about two hours to resolve the issue but got nothing.