Even though QuickBooks has been around a long time, you may be surprised to know that there are things that you do not know about their software. Fortunately, there is quite a bit of information online that you can review to keep you updated.

To get you started, here 4 things about Quickbooks that you didn't know:

What is Quickbooks?

Quickbooks can be described as easy to use accounting software. It makes the organization of your accounting processes simple to manage in an automated software application. Business owners and individuals can use this software to track all of their accounting needs, while also generating reports from the data to make informed decisions.

1. Gold mine for data for business owners

If you are using Quickbooks now or have had an opportunity to review it at any point in time, you may already know that individuals and small business owners can use this software to track their accounting needs.

Even with no accounting or finance expertise or previous experience, the user can navigate their way through the activities that they need. Therefore, this software product does stand up to its name. However, there are a few things that you may not know and that is the expansions and add-ons that have done over the years.

With the growth of its business and the vast number of people that use its applications, it is no longer known as a single software industry only. Instead, according to these companies, organizations, and individuals, they can pick and choose which version of QuickBooks will suit their accounting activities.

For instance, if your organization needs to collect a lot of data to be used later in its business analysis, the features to accomplish these objectives are integrated into their software applications.

In short, there is a huge amount of varying data that can be secured and collected to design custom reports on the key information that a business needs to run their accounting processes and operations efficiently.

2. Gives Users the capability of integrating Quickbooks with other critical business applications

Many of today’s small business operations house a variety of different cloud based and desktop software to run their operations. These applications are essential to different functions of the jobs that they do to cut down and reduce the time consuming and time sensitive projects that need to be performed.

Unfortunately, with all of these different applications, it is easy to pull and report conflicting information on the same subject matter.

To help to solve some of these problems that the small business owner is experiencing, Quickbooks is providing integrated features that help to eliminate and minimize these issues. For instance, Quickbooks automation has features that allow a user to integrate their business applications with their software.

3. Quickbooks is an End to End Solution for Different Users

Quickbooks is an end to end accounting solution that can support the needs of self-employed individuals and businesses. The size of these businesses can vary based on the number of employees or invoices involved in the management of the companies invoices.

So, you can pick can choose which version of QuickBooks that you need and prefer to track your activities. For instance, if you look online, you can purchase a simple start package or you can purchase or upgrade a simple start package with a Plus or Add subscription. Whatever the case, you need to be familiar with every version that is actually available.

4. Cloud-based solution Platform

In addition to Quickbooks offering an accounting product that can be used by individuals and businesses today. It is also kept up with the latest technologies and newer platforms in the last decade and more. For instance, you can use your Quickbooks version on your desktops and in a cloud-based version for others to access your records on a need to know basis.

Quickbooks software has evolved a lot over the years, and people are using these applications all over the globe. With its easy to use tools and features, there is a lot that many people do not know, including the fact that it can be accessed via a cloud based platform and it is now a data mine for business users.