Some other facts related to QuickBooks are: QuickBooks kept evolving with new features and versions because of a lack of certain accounting features, security control issues, and a mismatch with accounting standards.

Because of its features and benefits, it soon claimed to have around eighty-five percent share of the small business accounting software market (Wikipedia). The software became popular amongst small business owners who did not need formal accounting training to use it. QuickBooks was initially released in a DOS version based on the Quicken codebase. Instead, it is known to automate numerous tasks, such as time tracking, invoicing, bookkeeping, sales tax management, bank reconciliation, and inventory management. It is user-friendly accounting software that can help you track and organize business-related financial information by eliminating manual data tasks. What does QuickBooks accounting software do for businesses? It is available in both desktop versions and an online version accessible via web browsers. QuickBooks is developed and marketed by Intuit. Highly regarded as the Swiss Army Knife of business financial tools, this software can do just anything related to your business. The feature list is not a complete one of what all this software can do for your business. QuickBooks is a full-featured financial management suite that caters to the needs of accounting, payroll, inventory, invoicing, and expense management related to businesses. In this blog, we will cover everything about QuickBooks software. Its current market share of 56.60% is a symbol of its utility and benefits for accounting professionals worldwide. Since its initial release in 1983, this advanced software has continued to dominate the accounting software marketplace. If there is anything synonymous with ‘small business accounting software,’ it is QuickBooks.

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