Quickbooks as the very name suggests, is the smartest way to organize your business finances in one place. It’s a simple online software solution for business users to make informed decisions. QuickBooks is Best Cloud accounting Software developed by Intuit Inc. It was launched in the 1990s and since then has been one of the market leaders in accounting software. Out of the many widely used accounting software available like Tally, Busy, Marg, etc. QuickBooks is A Best Accounting Software for India that appears to be the most user friendly accounting tool and requires minimal accounting knowledge to use and generate meaningful reports. Moreover, it is a management friendly software and it can generate a lot of management reports without any additional customization.
Though both Tally and QuickBooks own the lion’s share of the business accounting software market, yet QuickBooks is web based and easy to use, which results in a hassle free financial management system, in simple English with no strings attached. Rated as one of the top most best-selling small business accounting software overseas, it also serves as a decision support system for the management. As compared to Tally, QuickBooks is Best Cloud Accounting Software which puts you in control of your finances, your time and your business. The all in one package Quick Books or its online version QBO (Quick Books Online) as we call it includes the following benefits:
Quickbook : A Best Cloud Accounting Software Benefits
- Web Based: It is a completely web based software hence no operating system compatibility issues faced by the user. Instead of the traditional downloading a simple web browser log-in is sufficient.
- Work on the go: One can log in to the QBO at anytime from anywhere in the world, thus keeping up with the dynamic economic environment on an international level. Moreover, multiple users can access the same account with different levels of security permissions specified for each of them.
- Inventory Management : You will not need to install an additional QuickBook will serve as your inventory management software and retailing software. Quickbook will easily be able to manage your stock and help handle customer transactions. Quickbook is best cloud accounting software in india.
- Backup Security: With Auto backup of data every two hours, QBO meets the highest online security standards for data storage.
- Company Snapshot: The Company Snapshot screen, one of its remarkable and unique feature, tells the user his spending, his makings and his overall performance compared annually thus helping to take better financial decisions at the management level.
- Tax Computations: QBO specifically designed for Indian business entities computes the tax liability on a single click.
- International Transactions: Handling multi-currency transactions has never been easier with QBO’s easy to handle multiple currencies and switch between them using up-to-the- minute exchange rates.
- Professional outlook: Helps the user in creating professional looking quotes and proposals for the customers together with instant access to critical information reports.
- Multi-User: Working on the web based technology, it gives the user the flexibility to access the same account via a desktop or mobile phone or tablet. Hence, whether you are at your home or workplace, QBO handles it all.
Thus, as we say it, change is the time’s need, so it is for all the traditional accounting packages out there. In a world of cloud as we call it, apart from offering a virtual accounting workplace, QuickBooks frees the today user from the numerous aspects of small business accounting, including invoicing, customer and vendor contact information, inventory, payroll and reporting. The above analysis points out just the exceptional features of Quick Books from the traditional packages like tally. Though tally is widely used and has strong customer base, yet it failed to deliver with the ever changing dynamic economic environment. That is where QuickBooks proves to be an upcoming revolution in the accounting management system for the small and medium business entities. Quick Books is a one stop solution with no software to install, within the budget cost and free customer support 365 days a year.