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Intuit sought to bridge the gap with these accounting professionals, eventually providing full audit trail capabilities, double-entry accounting functions and increased functions. Professional accountants, however, were not satisfied with early versions of the system, citing poor security controls, such as no audit trail, as well as non-conformity with traditional accounting standards. It continued to command the vast majority of this market as of 2013. As such, the software soon claimed up to 85 percent of the US small business accounting software market. The software was popular among small business owners who had no formal accounting training. The Windows and Mac versions shared a different codebase that was based on In-House Accountant, which Intuit had acquired.
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The initial release of QuickBooks was the DOS version that was based on the Quicken codebase. The initial Quicken software did not function as a " double-entry" accounting package. After the success of its Quicken product for individual financial management, the company developed similar services for small business owners. Multi-user mode enables more than one person to work on a company file at the same time increasing collaboration and productivity.Intuit was founded in 1983 by Scott Cook and Tom Proulx in Mountain View, California, USA. All users must be networked and must each have their own QuickBooks license. The multi-user mode 1 in QuickBooks Pro and Premier allows multiple users to collaborate on the same company file at the same time. Similarly, if your business only has two users that will need to access QuickBooks, a 2 User product will be right for you. In this scenario, since three users are using QuickBooks, a 3 User product will be best suited to your business’ needs. The business owner uses one QuickBooks license to run reports, while the office manager uses a second license to enter sales reports and receipts, and the payroll clerk uses a third license to run payroll and print checks. Imagine your business has three people (owner, office manager and payroll clerk) who need to access one QuickBooks file at the same time. QuickBooks organizes everything in one place, so you can access all past invoices, payments, and bills with just a few clicks. Easily create invoices and track sales & expenses Create invoices quickly and save time tracking your sales, bills, and expenses. Invoices, Estimates, Sales Receipts, and other forms have simple layouts for easy use. The customizable left tool bar provides access to your open windows and most common tasks. Get to the features you need fast with user-friendly navigation. Plus, you can import your contacts from Excel or other email address books. Easy to set up and learn to useThe New User Setup includes coaching tips to help you navigate through your first tasks so you can get up and running easily. Get easier access to data and transactions with simplified navigation. Keep customer, vendor and employee contact information at your fingertips. Complete everyday tasks faster with simplified customer forms. Intuit QuickBooks® Pro accounting software enables businesses to quickly and efficiently know where their business stands. QuickBooks Desktop Pro Intuit QuickBooks Pro, the #1 small business accounting software.
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