QuickBooks by Intuit is small business accounting software that helps to manage income and expenses and track the financial position. QuickBooks use for enables the user to invoice customers, pay bills, prepare taxes, and generate financial reports.
What is QuickBooks?
Intuit QuickBooks is classified as an accounting system that performs financial tasks ranging from invoicing to expense tracking.
Even though it is characterized as an accounting system that caters to the needs of businesses in diverse industries and of varying sizes, it also carries out the function of an ERP in many ways through its integration capabilities.
Is QuickBooks an accounting system?
QuickBooks is an accounting system. It operates like a financial hub for your company that handles everything from basic bookkeeping to complex financial reporting.
That said, QuickBooks functions as an all-encompassing program through its integration options with:
- CRMs.
- Field service systems.
- Other popular software solutions.
But in order to answer the question, “Is QuickBooks an accounting system?” more comprehensively, you need to know what it actually does.
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