QuickBooks

Mentoris is a QuickBooks Certified advisor and we have trained QB specialists who provide customized services to match your requirements. We offer outsourced accounting services in most versions of QuickBooks including the latest QB 2008.

QuickBooks is an excellent bookkeeping program to use for any small business. It has variety of different benefits that one can enjoy when using this bookkeeping software.

Benefits of QuickBooks

• Easy to Learn and Use
• Provides Audit Trail
• Access levels and need based permission
• Reduced data entry
• Simplified reporting and retrieval
• Comprehensive payroll package
• Industry specific customization
• Easy, forms-based interface
• Integration with online banking

Intuit provides many editions of QB products and it's very important for businesses to know which edition to buy depending on your size and scale of accounting and reporting needs

QuickBooks Simple Start - is a very basic QuickBooks product that allows you to track simple cash flows (e.g. cash received from customers and cash disbursed to vendors). You can create Estimates and Invoices for your customers, but you cannot input Bills for your vendors to be paid at a later date (i.e. Accounts Payable). QuickBooks Simple Start does not support inventory, multi-user access, or payroll and includes a highly streamlined selection of reports.

QuickBooks Pro - allows you to manage accounts Payable, payroll, Inventory and has multi user access. The reports in Pro-edition are more detailed and robust but not industry specific. This edition of QuickBooks is most popular esp. for companies with income less than 1.5 Mn $ .Even larger companies who are not in construction and do not need to manage inventory tend to use QuickBooks Pro.

QuickBooks Premier - has the same features as QuickBooks Pro, but includes industry specific features and reports. QuickBooks Premier includes Sales Orders. Using Sales Orders allows you to better manage your shipments to customers, including the ability to track backorders. Other features are inclusion of billing rates for employees and vendors (sub-contractors), Unit of Measure conversions, and numerous industry specific reports for contractors, professional service firms, wholesalers/distributors, retailers and non profit organizations. Like QuickBooks Pro, QuickBooks Premier allows only 5 simultaneous users.

QuickBooks Enterprise Solutions - is the most powerful edition of QuickBooks, allowing unlimited customers, vendors and item/parts and supporting up to 20 simultaneous users. The file administrator can use QuickBooks Enterprise Solutions to set highly specific user access privileges, unlike QuickBooks Pro and Premier. Like QuickBooks Premier, Intuit offers Enterprise Solutions for 5 specific industries viz contractors, professional service firms, distributors, retailers, and not for profit organizations.

QuickBooks Online - is a web-hosted application that includes many of the features available in QuickBooks Pro like payroll processing, Accounts Payable and Accounts Receivable. The reporting options are significantly better than QuickBooks Simple Start but is not as robust or customizable as reports in QuickBooks Pro.

Anytime, anywhere access is the greatest benefit of QuickBooks Online edition. If your company has traveling timekeepers, travel sales reps or traveling decision makers, you should consider QuickBooks Online edition. Unlike the other editions of QuickBooks, you do not have to install any software on your computer.

Instead, you use Internet Explorer to access the QuickBooks Online website where Intuit securely hosts both your company's accounting data and the QuickBooks Online program. This flexibility allows you and your employees to access accounting data from any web-enabled PC.

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