Quickbooks Pro is an accounting software program that is available for Windows-based computers and in a separate version called Quickbooks for Mac for Mac computers. Currently, Quickbooks Pro is the best-selling accounting software program in the United States with millions of companies using it to handle their key accounting functions.
With Quickbooks Pro, accounting personnel and business owners can complete a number of tasks. The software program manages invoicing and sales receipts, making it easy to track what purchases have been made, which ones have been paid for and which ones are still outstanding. In addition, the program offers expenditure tracking. Administrators can use the program to pay bills, to process payroll and to pay payroll taxes.
Another major feature of Quickbooks Pro is reporting. The accounting program produces a number of essential accounting reports, all of which can be exported to Excel. Any report can also be compressed into a data file, so that the information can be shared with accountants and bookkeepers who work outside of a company.
Quickbooks Pro allows administrators to manage all of a company’s financial accounts from one centralized location. Data from bank accounts and credit card accounts can all be imported into the program for quick reconciliation. The program also stores key customer and vendor information to expedite many processes.
For an additional charge, companies can pay to upgrade to Quickbooks Pro Premier. This added service provides access to industry specific content and tracking that can allow for additional enhancements in productivity and security.
Quickbooks Pro is the most popular business accounting software program in the United States. The program can be used to manage accounts, track expenditures, monitor sales, create reports and more. Currently, the standard version of Quickbooks Pro is offered for Windows based computers.
There are many benefits to choosing Quickbooks Pro for a company's accounting software needs. One of the most beneficial things about the program is that it is compatible with a wide variety of services and other programs due to its popularity. With Quickbooks Pro, it is easy to export data to Excel, and it is also possible to import data from nearly every bank, credit card company and other financial institution to simplify reconciling.
Many companies today handle some of their key accounting functions in house and then rely on an outside CPA to handle other aspects of accounting like tax preparation. Quickbooks Pro is set up to make this process easy by creating collaborative files that can easily be sent to outside tax professionals.
While Quickbooks Pro has a large number of benefits, there are a few drawbacks to the program. For one thing, the Mac version of the program is not entirely the same, which can be inconvenient for companies that use both Mac computers and PCs. Also, while the program does allow companies to gain access to industry specific reports and features, these enhancements are not offered with the standard Quickbooks Pro program. To gain access, companies must pay extra for Quickbooks Pro Premier.