The information accompanying our review copy of
Intuit QuickBooks
is refreshingly honest in stating that the program's main aim is to ease the
tedium of bookkeeping.
It succeeds admirably, thanks to a clear screen layout, numerous automated
features and plenty of help available right from the start.
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When setting up computerised accounts for a new company or home business, an
interview process called EasyStep helps create a shell accounting structure for
the company, complete with all the appropriate nominal accounts through which
money enters, leaves and circulates around the business.
Probably the most tedious aspect of setting up computerised accounts for
existing businesses is entering the historical data that currently exists on
paper. Intuit QuickBooks, however, lets you start using the program straight
away, even if the historical data is incomplete.
Once working with QuickBooks, a feature called Follow-Me Help is displayed in
the bottom left-hand corner of the screen, providing constantly-changing
guidance based on the task you're currently involved with on the main part of
the screen.
QuickBooks handles invoicing, VAT and stock control, as well as keeping track
of customers, suppliers and bank accounts.
Quickbook's pre-designed bank of 100 charts and reports covers every standard
business requirement without any input from the user other than start and end
dates. In addition the standard text reports can be modified if desired.
Results may be exported to Excel or any other spreadsheet for further
analysis.
To keep down the cost of QuickBooks, payroll processing is not included as
standard, but for an annual payment of £100, it can be activated. The positive
way of looking at this is that those who don't need it, don't have to pay for
it.
Two other useful bolt-on services are BACS payment processing at £10 a month
(including 100 free transactions) and
QuickBooks
Card Solutions for those who wish to accept credit and debit card payments.
For start-up businesses with no staff there's a
SimpleStart
version of QuickBooks for £50 (or only £34 when downloaded from the web),
and for growing businesses there are
Pro
and
Accountant
versions offering a seamless upgrade path.
Also consider MYOB
Business Basics
Just as capable, but with a lot less hand-holding.
Rating: 3/5
Price: £80
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