WHY YOU NEED AN ACCOUNTING SYSTEM?
The first reason is that federal law requires your business to maintain an accounting system. More specifically, Section 446 (General Rule for Methods of Accounting) of Title 26 (Internal Revenue Code) of the United States Code requires that you have the ability to compute taxable income by using some sort of common-sense accounting system that clearly reflects income.
A second reason exists for maintaining an accounting system, too. My strong belief is that you can’t successfully manage your business without a decent accounting system. Success requires the ability to accurately measure profits or losses and the ability to reasonably estimate your financial condition.
WHY QUICKBOOKS?
-INTUITIVE.... QuickBooks has always been known as the most intuitive accounting package available, and as the years go by this is more and more true.
Easy Entry: Transactions are entered on screens that look like forms, such as Invoices, checks, sales receipts, vendor bills, credit card receipts, etc.
Downloadable: Download QuickBooks files (.qbo) directly from your financial institution. No more manual entry of credit card or checking account transactions.
Easy Navigation: Intuit QuickBooks Pro 2006 and up have an effective flow chart on the Home Page. This help users understand what to do, and when to do it.
-MOST POPULAR... Because it enjoys an 80-85% market share, QuickBooks has the most online and offline help available. This is crucial - your business cannot afford to get stuck with an accounting problem, and this is just what could happen by selecting a little-supporting accounting software package. Get the help you need quickly and easily by choosing QuickBooks.
-SCALABILITY... This means that the smallest business can begin with Simple Start. As the business grows, it can upgrade to Pro, then Premier, and finally Enterprise, which can handle accounting tasks for many of the largest "small businesses." Upgrading in this manner preserves the historical data, while adding needed features.
