I have been Accredited and, working with and recommending QuickBooks since 1997, and only QuickBooks since 1999.
Why is the big question, and that is simple. It is easy to use and has intuitive functions.
The ability to move reports into excel with ready made formulas makes analysis and budgeting easy. The reporting is a real strength, being able to drill down to the transaction, modifying reports to give you information you need rather than what the software developers think you should need and the ability to memorise reports you create.
Invoicing, Statements, Purchase Orders, Quotes, Sales Orders, Payroll, Inventory and Multi Currency are functions many businesses need and they are all easy to use, even without Accounting training.
Being able to lodge the BAS online from QuickBooks is a feature that is unique and being taken up at a fast rate.
With the introduction of QuickBooks Online you don't need to have costly servers and maintenance, with security as strong as your internet banking.
Add the ability to email all your documents including payslips, pay your wages and suppliers on line without re-entering the details with your bank all adds to efficiency.
To run a business you need to be able to measure your trading against a budget and the budgeting system is easy and allows reporting variances.
So why use QuickBooks, I guess the question is why not use QuickBooks, 4 million businesses can't be wrong!
After all, you’re in business to make money, not just count it. You buy an accounting package to make life easier. Make sure it does.
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Tip
If you salary sacrifice you need to report that amount on the Payment Summary at the end of the year, this is called Reportable Employee Super Contribution (RESC). Make sure you are set up for this early in the financial year.Glenn Anthoney
