QuickBooks

Quickbooks is best accounting application for Small and Medium Businesses. The numbers of functionalities provided by Quickbooks are Financial management, Enterprise Resource Planning (ERP). Below are the main features of Quickbooks. 1. You can easily Synchronize your bank with Quickbooks 2. You can easily track your expenses 3. You can easily send professional invoices 4. You can manage Payrolls 5. You can connect to other famous apps like PayPal and Squares 6. You can get free 30 days trial version of Quickbooks 7. You can get automatic backups 8. Free support is available

Quickbooks is costly as compared to other competitors like Sage 50, Sage one, Freshbooks, Less Accounting, Zoho Books and Xero etc. Due to the large community it is difficult for Quickbook to provide direct Customer Support. In order to tackle this they need to provide paid support. There are many other open source applications that can be replace by Quickbooks but it will definitely depend upon the need of user. If you look at their packages, you cannot buy every product using any package. If you want to use each package then you have to purchase more than one package. That is the main drawback of Quickbooks. I have been working for consulting firm who is serving more than 700 active firms. Most of these firms are currently using premise accounting application (Almost Quickbooks) . It is obvious that they will shift their business on Cloud technology. I have witnessed ease of access from Laptops, Tablets and even Smartphones or other hardware devices. As a result their performance increased. In the next few years it’s inevitable that you’re going to replace your on-premise QuickBooks system for something cloud-based. You won’t have much of a choice. And you’re going to take that opportunity to look around. And you’re going to discover there are some interesting alternatives.

Despite of few limitations, still Quickbook stands among the top of the list. It has large number of community as compared to other competitors. It is available for 30 days free trial which is best thing about Quickbooks. Training classes are also available for non technical users. Prices are also affordable for Small and Medium businesses. Despite of above drawbacks, being financial expert I will still prefer Quickbooks.