QuickBooks desktop is application software that simplifies your business, In details, it is kind application software that manages in recordkeeping inventory, payroll, sales and other needs of business and keeps tracking day to day transaction business data from customers and supplier/vendor. That software developed by and managed by Intuit.
Types of QuickBooks:
QuickBooks Online Accounting and QuickBooks Desktop
QuickBooks Online Accounting
QuickBooks online is a complete accounting small business software that managed everything online platform such as sales and purchasing and controlling and simplifying small businesses.
Benefits:
Accounting managed: It allows you to access your complete accounting data as well creating, editing and sharing information with all the employee and stakeholder.
Small business can reduce monthly costs.
Create professional invoices
Track sales and expenses
Manage accounts payable
One- Click sales, tax and expenses reports
Work with any device such as PC Mac Smartphone or Tablets
Connect anywhere anytime with more than hundreds of cloud bases apps
Many other online supports
Limitations:
Limited reporting transparency of your business
Double entry and key errors
Generic and impersonal support
Standalone application lacks integration
File size issues
Robust Inventory management issues
QuickBooks Desktop Hosting
QuickBooks Desktop accounting version has been growing at the rapid pace before our very eyes in the technology world. It will help in small business and entrepreneur to simplifying business.
Benefits:
Anytime anywhere access through host
Multiple users at a time
Receives sales and purchase orders
Progress invoicing, custom and excel reporting
Auto calculators of statement charges
Profit and loss by class
Limitations:
Cost is varying per month per user
Transaction, inventory items entries limitations
There is application version limitation such asWindows have Pro, Premier and Enterprise version with multiple limitations
such as Job types, Vendor types, Payment method, Shipping method, payroll items price levels, classes sales tax codes etc
Mac version has many of list not more than 10,000 maximum numbers of entries
Such as Job types, Vendor types, Payment method, Shipping method, payroll items price levels, classes sales tax codes etc
Product of QuickBooks desktop:
QuickBooks Pro
QuickBooks Premier
QuickBooks Enterprise
QuickBooks Canada
Every product have year wise version such as
Pro 2015, 2016 so on
Premier 2015, 2016 so on
Enterprise 2015, 2016 so on
Country specific QuickBooks Canada Hosting
Some file Extension used in QuickBooks Desktop
File Extension File type
*.QBW QuickBooks company file
*.QBB QuickBooks backup file format
*.QBM QuickBooks portable
*.QBI QuickBooks image file
*.QBR QuickBooks Report templates
*.DES Layout designer template export file
*.QBO QuickBooks online bank statement
*.INI Initialization file
*.LGB Little Garden Box
*.QWC QuickBooks Web connector
*.QBP QuickBooks Print file
*.WPR.INI Windows print file
QuickBooks POS (Point of sale): Its support online and desktop too, You can say that it is an online cash register, It provides real-time data to track your sales of your business.
Windows users: QuickBooks Desktop have Pro, Premier, and Enterprise
Mac features
Online:
Everything you need in one spot, Get paid faster and Anytime, anywhere access
Desktop:
Create invoices and track sales, Bill for your time and expense and Built for your Mac computer
Benefits of QuickBooks Hosting
Because it is the small business accounting application software that simplified yours for accounting and bookkeeping of your business/firm. And it is cloud based hosted. It has the best Feature such as Payment processing, time tracking, payroll, payment processing, pos, inventory management, best technical support by QuickBooks provider with a phone, email and live chat support.