A short history of QuickBook Accounting Software

May 23, 2018 | By admin4u | Filed in: Uncategorized.

Over the years, QuickBook software is broadly in line with online accounting software. The software released at the beginning of the 1980s became extremely popular among small businesses and accountants.

QuickBook was launched by Scott Cook and Tom Proulx, the founders of Intuit, shortly after Quicken's unlocked success. The new program at that time was originally designed to offer an accounting system for small business owners who had little accounting experience.

Shortly after the release, QuickBooks occupied about 80% of the small business accounting software market. The company continues to enjoy its largest market share in a highly competitive market.

As professional accountants were initially unhappy with the first versions of the program, Intuit eventually overwhelmed this gap with double-entry accounting and many other needs that professional accountants consider necessary. So from 2000, Intuit offered both the basic and Pro version of the software.

Then, in 2003, the company launched QuickBook's releases, which are typical for many industries. These versions included reports and workflow processes that were industry-specific. Intuit programs included the terminology that linked the software to various industries.

Thus, at the turn of the century, not only professional bookkeeping companies – those who have several clients in different small business software, this is also available for entrepreneurs, retailers, manufacturers, nonprofit companies, professional service companies and wholesalers.

Since QuickBooks was so successful, a product was launched in mid-2002 for medium-sized businesses.

From March 2008, the company directed 94.2% of the retail units sold in the Business Accounting category. At present, more than 50,000 independent business consultants, CPAs and accountants are participating in the QuickBooks ProAdvisor program.

Products have been further developed. QuickBooks now includes electronic payment features, remote outsourcing and payroll, remote access, mapping opportunities, marketing opportunities, online banking and reconciliation, and improved email features.

You can import Excel spreadsheets in 2008 with the software. 19659002] Currently available online versions of QuickBooks supported by Mozilla Firefox, Internet Explorer, and Safari for Mac. Web applications are available on BlackBerry, iPhone, and Android. However, online versions do not offer all the features of desktop versions. And the online features have a lot of difference compared to desktop versions.

Source by Wendy Moyer

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